Maximization of Coverage. Each party agrees to use commercially ------------------------ reasonable efforts to maximize available coverage under the Company Policies for all Insured Claims whether or not such party is the expected beneficiary of Insurance Proceeds under such Company Policies in respect of such Insured Claims. As part of such efforts to maximize insurance coverage, each party agrees to take all commercially reasonable actions to recover such amounts as are or might be due from all other responsible parties in respect of an Insured Claim, including Insured Claims as to which coverage limits under the Company Policies would be or would have been exceeded as a result of such Insured Claim and whether or not such party is expected to benefit directly from such effort and to engage in reasonable settlement negotiations and consider reasonable offers of settlement or compromise with respect to any Liabilities that represent Insured Claims. Each party further agrees to name each other party to this Agreement as an additional insured (up to a maximum of $10,000,000) under each liability Policy maintained by such Party during the three-year period commencing on the Distribution Date for claims under Article VII of this Agreement.
Maximization of Coverage. Each Party agrees to use, and to cause ------------------------ the members of its Group to use, reasonable efforts to maximize available coverage under the Company Policies for all Insured Claims whether or not such Party or its Group is the expected beneficiary of Insurance Proceeds under such Company Policies in respect of such Insured Claims. As part of such efforts to maximize insurance coverage, each Party agrees to take, or cause to be taken, all reasonable actions to recover such amounts as are or might be due from all other responsible Parties in respect of an Insured Claim, including Insured Claims as to which coverage limits under the Company Policies would be or would have been exceeded as a result of such Insured Claim and whether or not such Party or its Group is expected to benefit directly from such effort, and to engage in reasonable settlement negotiations and consider reasonable offers of settlement or compromise with respect to any Liabilities that represent Insured Claims.
