Common use of Losses Net of Insurance Clause in Contracts

Losses Net of Insurance. The amount of any Loss for which indemnification is provided under this Article XI will be net of any amounts actually recovered by the Indemnified Party under insurance policies with respect to such Loss.

Appears in 2 contracts

Samples: Purchase Agreement, Purchase Agreement (Inergy Holdings, L.P.)

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Losses Net of Insurance. (a) The amount of any Loss for which indemnification is provided under this Article XI will shall be net of any amounts actually recovered or recoverable by the Indemnified Party indemnified party under insurance policies with respect to such Loss.

Appears in 1 contract

Samples: Asset Purchase Agreement (NHP Retirement Housing Partners I LTD Partnership)

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Losses Net of Insurance. The amount of any Loss loss, liability, claim, damage or expense for which indemnification is provided under this Article XI will shall be net of any amounts actually recovered by the Indemnified Party under insurance policies with respect to such Lossof the Indemnified Party.

Appears in 1 contract

Samples: Asset Purchase Agreement (First Horizon Pharmaceutical Corp)

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