Common use of Indemnification Amount Clause in Contracts

Indemnification Amount. In the event that a Party is obligated to indemnify and hold the other Party and its successors and assigns harmless under Section 20.1, the amount owing to the indemnified Party shall be the amount of such Party's actual out-of- pocket loss and expenses net of any net insurance or other actual recovery but shall not include any special, incidental, consequential or punitive damages.

Indemnification Amount. In the event that a Party is obligated to indemnify and hold the other an Indemnified Party and its successors and assigns harmless under Section 20.114.1 or 14.2 hereof, the amount owing to the indemnified Indemnified Party shall will be the amount of such Partyparty's actual out-of- of-pocket loss and expenses net of any net insurance or other actual recovery but shall not include any special, incidental, consequential or punitive damagesrecovery.

Indemnification Amount. In the event that a Party is obligated to indemnify and hold the other another Party and its successors and assigns harmless under Section 20.1this Article, the amount owing to the indemnified Indemnified Party shall be the amount of such the Indemnified Party's actual out-of- of-pocket loss and expenses net of any net insurance proceeds received by, or other actual recovery but shall not include any specialby, incidental, consequential or punitive damagesthe Indemnified Party.

Indemnification Amount. In the event that a Party is obligated to indemnify and hold the other Party and its successors and assigns harmless under Section 20.1hereunder, the amount owing to the indemnified Party shall will be the amount of such Party's actual out-of- of-pocket loss and expenses net of (i) any net insurance or other actual recovery but shall not include and (ii) any special, incidental, consequential net reduction of taxes realized by the indemnified person as a result of such loss and any recovery (whether such recovery is the indemnity payment made under this Article XIV or punitive damagesinsurance proceeds).