Insurance Collection. Each Section 14A Indemnified Party will use reasonable efforts to collect any Damages from any available insurer before attempting to collect from the Section 14A Indemnifying Party at any time. If any Section 14A Indemnified Party recovers any amount from any insurer after payment to such Section 14A Indemnified Party by one or more Section 14A Indemnifying Parties of all Damages suffered or incurred by such Section 14A Indemnified Party in respect of the matters to which such insurance payment relates, then such Section 14A Indemnified Party will promptly pay over to such Section 14A Indemnifying Parties the amount so recovered, to the extent not in excess of the amount previously paid by such Section 14A Indemnifying Party to such Section 14A Indemnified Party in respect of such matter.
Appears in 1 contract
Samples: Agreement and Plan of Merger and Reorganization (Leukosite Inc)
Insurance Collection. Each Section 14A 13 Indemnified Party will use reasonable efforts to collect any Damages from any available insurer before attempting to collect from the applicable Section 14A 13 Indemnifying Party at any time. If any Section 14A 13 Indemnified Party recovers any amount from any insurer after payment to such Section 14A 13 Indemnified Party by one or more Section 14A 13 Indemnifying Parties of all Damages suffered or incurred by such Section 14A 13 Indemnified Party in respect of the matters to which such insurance payment relates, then such Section 14A 13 Indemnified Party will promptly pay over to such Section 14A 13 Indemnifying Parties the amount so recovered, to the extent not in excess of the amount previously paid by such Section 14A 13 Indemnifying Party to such Section 14A 13 Indemnified Party in respect of such matter.
Appears in 1 contract
Samples: Agreement and Plan of Merger and Reorganization (Activbiotics Inc)
Insurance Collection. Each Section 14A 9 Indemnified Party will use reasonable efforts to collect any Damages from any available insurer before attempting to collect from the applicable Section 14A 9 Indemnifying Party at any time. If any Section 14A 9 Indemnified Party recovers any amount from any insurer after payment to such Section 14A 9 Indemnified Party by one or more Section 14A 9 Indemnifying Parties of all Damages suffered or incurred by such Section 14A 9 Indemnified Party in respect of the matters to which such insurance payment relates, then such Section 14A 9 Indemnified Party will promptly pay over to such Section 14A 9 Indemnifying Parties the amount so recovered, to the extent not in excess of the amount previously paid by such Section 14A 9 Indemnifying Party to such Section 14A 9 Indemnified Party in respect of such matter.
Appears in 1 contract
Insurance Collection. Each Section 14A 14 Indemnified Party will use reasonable efforts to collect any Damages from any available insurer before attempting to collect from the Section 14A 14 Indemnifying Party at any time. If any Section 14A 14 Indemnified Party recovers any amount from any insurer after payment to such Section 14A 14 Indemnified Party by one or more Section 14A 14 Indemnifying Parties of all Damages suffered or incurred by such Section 14A 14 Indemnified Party in respect of the matters to which such insurance payment relates, then such Section 14A 14 Indemnified Party will promptly pay over to such Section 14A 14 Indemnifying Parties the amount so recovered, to the extent not in excess of the amount previously paid by such Section 14A 14 Indemnifying Party to such Section 14A 14 Indemnified Party in respect of such matter.
Appears in 1 contract
Samples: Agreement and Plan of Merger and Reorganization (Leukosite Inc)