Common use of Insurance Payments Clause in Contracts

Insurance Payments. To the extent that payment is actually made to the Indemnitee under a valid, enforceable and collectible insurance policy of the Company, and in the event the Company makes any indemnification payments to the Indemnitee and the Indemnitee is subsequently reimbursed from the proceeds of insurance, the Indemnitee will promptly refund such indemnification payments to the Corporation to the extent of such insurance reimbursement; or

Appears in 4 contracts

Samples: Voting Agreement (Visterra, Inc.), Voting Agreement (Visterra, Inc.), Indemnification Agreement (Visterra, Inc.)

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