Common use of Determination of Loss Amount Clause in Contracts

Determination of Loss Amount. No Person shall be entitled to recover damages or obtain payment, reimbursement, restitution or indemnity hereunder more than once in respect of any one Loss or related group of Losses.

Appears in 2 contracts

Samples: Lease Agreement (Celadon Group Inc), Stock Purchase Agreement (Covenant Transportation Group Inc)

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Determination of Loss Amount. No Person shall be entitled to recover damages or obtain payment, reimbursement, restitution or indemnity hereunder more than once in respect of any one Loss or related group of Losses. For the avoidance of doubt, all such Losses shall be calculated after giving effect to any amounts recovered from third parties, including insurance proceeds or other contributions or recoveries from third parties.

Appears in 1 contract

Samples: Purchase Agreement (Adams Resources & Energy, Inc.)

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Determination of Loss Amount. No Person shall be entitled to recover the same damages or obtain payment, reimbursement, restitution or indemnity for the same damages hereunder more than once in respect of any one Loss or related group of Losses.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Arcbest Corp /De/)

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