Common use of General Obligation to Pursue Third Person Recovery Clause in Contracts

General Obligation to Pursue Third Person Recovery. If a party (the "Paying Party") has paid to the other party (the "Receiving Party") an amount in respect of any indemnity, Supervening Event or other liability hereunder (a "Liability Payment"), and the Receiving Party has a bona fide claim for recovery of any such Liability Payment from a third Person or under any insurance required pursuant to this Agreement, the Receiving Party will:

Appears in 9 contracts

Samples: Project Agreement, Project Agreement, Project Agreement

AutoNDA by SimpleDocs

General Obligation to Pursue Third Person Recovery. If a party (the "Paying Party") has paid to the other party (the "Receiving Party") an amount in respect of any indemnity, Supervening Event or other liability hereunder (a "Liability Payment"), and the Receiving Party has a bona fide claim for recovery of any such Liability Payment from a third Person or under any insurance required pursuant to this Agreement, the Receiving Party will:

Appears in 7 contracts

Samples: Project Agreement, Project Agreement, Project Agreement

General Obligation to Pursue Third Person Recovery. If a party (the "Paying Party") has paid to the other party (the "Receiving Party") an amount in respect of any indemnity, Supervening Event or other liability hereunder (a "Liability Payment"), and the Receiving Party has a bona fide claim for recovery of any such Liability Payment from a third Person or under any insurance required pursuant to this Agreement, the Receiving Party will:

Appears in 3 contracts

Samples: Project Agreement, Project Agreement, Project Agreement

General Obligation to Pursue Third Person Recovery. If a party Party (the "Paying Party") has paid to the other party Party (the "Receiving Party") an amount in respect of any indemnity, Supervening Event or other liability hereunder (a "Liability Payment"), and the Receiving Party has a bona fide claim for recovery of any such Liability Payment from a third Person or under any insurance required pursuant to this Agreement, the Receiving Party will:

Appears in 1 contract

Samples: Project Agreement

General Obligation to Pursue Third Person Recovery. If a party (the "Paying Party") has paid to the other party (the "Receiving Party") an amount in respect of any indemnity, Supervening Event or other liability hereunder (a "Liability Payment"), and the Receiving Party has a bona fide claim for recovery of any such Liability Payment from a third Person or under any insurance required pursuant to this Project Implementation Agreement, the Receiving Party will:

Appears in 1 contract

Samples: Operations Co Security Agreement

AutoNDA by SimpleDocs

General Obligation to Pursue Third Person Recovery. If a party (the "Paying Party") has paid to the other party (the "Receiving Party") an amount in respect of any indemnity, Supervening Event or other liability hereunder (a "Liability Payment"), and the Receiving Party has a bona fide claim for recovery of any such Liability Payment from a third Person or under any insurance required pursuant to this Project Agreement, the Receiving Party will:

Appears in 1 contract

Samples: Project Agreement

General Obligation to Pursue Third Person Recovery. If a party (the "Paying Party") has paid to the other party (the "Receiving Party") an amount in respect of any indemnity, Supervening Event or other liability hereunder (a "Liability Payment"), and the Receiving Party has a bona fide claim for recovery of any such Liability Payment from a third Person or under any insurance required pursuant to this Agreement, the Receiving Party will:

Appears in 1 contract

Samples: Project Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!