Common use of Duplication of Payments Clause in Contracts

Duplication of Payments. The Company will not be liable under this Agreement to make any payment in connection with any claim made against the Indemnitee to the extent the Indemnitee has actually received payment (under any insurance policy, the By-Laws, the DGCL or otherwise) of the amount otherwise payable hereunder.

Appears in 4 contracts

Samples: Indemnification Agreement (Natco Group Inc), Indemnification Agreement (Presidio Oil Co), Indemnification Agreement (Vista Energy Resources Inc)

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Duplication of Payments. The Company will not be liable under this Agreement to make any payment in connection with any claim made against the Indemnitee to the extent the Indemnitee has actually received payment (under any insurance policy, the Articles, the By-Laws, the DGCL LBCL or otherwise) of the amount otherwise payable hereunder.

Appears in 3 contracts

Samples: Employment Agreement (Global Industries LTD), Indemnification Agreement (Global Industries LTD), Indemnification Agreement (Global Industries LTD)

Duplication of Payments. The Company will not be liable under this ----------------------- Agreement to make any payment in connection with any claim made against the Indemnitee to the extent the Indemnitee has actually received payment (under any insurance policy, the By-LawsByLaws, the DGCL TBCA or otherwise) of the amount otherwise payable hereunder.

Appears in 1 contract

Samples: Indemnification Agreement (U S Intec Inc)

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Duplication of Payments. The Company will not be liable under this ----------------------- Agreement to make any payment in connection with any claim made against the Indemnitee to the extent the Indemnitee has actually received payment (under any insurance policy, the By-LawsCertificate, the Bylaws, the DGCL or otherwise) of the amount otherwise payable hereunder.

Appears in 1 contract

Samples: Indemnification Agreement (Homegate Hospitality Inc)

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