Adjustments for Insurance. Any payment made by the Indemnifying Party to the Buyer or its Representative pursuant to this Section 6 shall be reduced by an amount equal to any insurance payments with respect to such Claim actually received by or for the benefit of the such Indemnified Party, provided that time for payment of any indemnification claim hereunder shall not be delayed by the recovery of any such insurance proceeds.
Appears in 4 contracts
Samples: Agreement for Purchase and Sale, Agreement for Purchase and Sale (CRH Medical Corp), Agreement for Purchase and Sale (CRH Medical Corp)
Adjustments for Insurance. Any payment made by the Indemnifying Party to the a Buyer or its Representative Indemnified Party pursuant to this Section 6 shall be reduced by an amount equal to any insurance payments with respect to such Claim actually received by or for the benefit of the such Buyer Indemnified Party, provided that time for payment of any indemnification claim hereunder shall not be delayed by the recovery of any such insurance proceeds.
Appears in 3 contracts
Samples: Membership Interest Purchase Agreement (CRH Medical Corp), Membership Interest Purchase Agreement (CRH Medical Corp), Membership Interest Purchase Agreement
