Common use of Insurance and Tax Effect Clause in Contracts

Insurance and Tax Effect. 15.4.1 The amount of any Loss for which indemnification is provided under any of Sections 15.1 or 15.2 will be net of any amounts (net of the costs of recovery of such amounts) recoverable by the indemnified party under insurance policies, indemnification agreements or similar arrangements with respect to such Loss (collectively, a “Net Loss”).

Insurance and Tax Effect. 15.4.1 The amount of any Loss for which ------------------------ indemnification is provided under any of Sections 15.1 Section 8.1 or 15.2 will 8.2 shall be (a) net of any amounts (net of the costs of recovery of such amounts) recoverable recovered by the indemnified party under insurance policies, indemnification agreements or similar arrangements policies with respect to such Loss and (collectively, a “Net b) reduced to take account of any net Tax benefit (if any) actually realized by the indemnified party arising from the incurrence or payment of such Loss”).

Insurance and Tax Effect. 15.4.1 14.4.1 The amount of any Loss for which indemnification is provided under any of Sections 15.1 14.1 or 15.2 14.2 will be net of any amounts (net of the costs of recovery of such amounts) recoverable by the indemnified party under insurance policies, indemnification agreements or similar arrangements with respect to such Loss (collectively, a “Net Loss”).

Insurance and Tax Effect. 15.4.1 14.4.1 The amount of any Loss for which indemnification is provided under any of Sections 15.1 14.1 or 15.2 14.2 will be net of any amounts (net of the costs of recovery of such amounts) recoverable by the indemnified party under insurance policies, indemnification agreements or similar arrangements with respect to such Loss (collectively, a “Net Loss”).

Insurance and Tax Effect. 15.4.1 17.4.1 The amount of any Loss for which indemnification is provided under any of Sections 15.1 17.1 or 15.2 will 17.2 shall be net of any amounts (net of the costs of recovery of such amounts) recoverable recovered by the indemnified party under insurance policies, indemnification agreements or similar arrangements policies with respect to such Loss (collectively, a “Net Loss”). The indemnified party will also secure a waiver of subrogation from its insurers for the benefit of the indemnifying party with respect to any such insured Loss.