Common use of Net Amounts Clause in Contracts

Net Amounts. Any amounts recoverable by any party pursuant to this Article XIII with respect to any Buyer’s Indemnified Claims or Members’ Indemnified Claims, as the case may be, shall be decreased by any insurance proceeds (net of collection costs) relating to such Buyer’s Indemnified Claims or Member Indemnified Claims, as the case may be, which are actually paid to such Indemnitee by any Person (other than any Affiliate of such Indemnitee) not a party to this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Crestwood Midstream Partners LP)

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Net Amounts. Any amounts recoverable by any party pursuant to this Article XIII with respect to any Buyer’s Indemnified Claims or Members’ Seller’s Indemnified Claims, as the case may be, shall be decreased by any insurance proceeds or other amounts actually received (net of collection costsrecovery costs and premium adjustments) relating to such Buyer’s Indemnified Claims or Member Seller’s Indemnified Claims, as the case may be, which are actually paid to such Indemnitee by any Person (other than any Affiliate of such Indemnitee) not a party to this Agreement.

Appears in 1 contract

Samples: Membership Interest (Penn Virginia Resource Partners L P)

Net Amounts. Any amounts recoverable by any party pursuant to this Article XIII with XIIIwith respect to any Buyer’s ’ s Indemnified Claims or Members’ Indemnified Claims, as the case may be, shall be decreased by any insurance proceeds (net of collection costs) relating to such Buyer’s ’ s Indemnified Claims or Member Indemnified Claims, as the case may be, which are actually paid to such Indemnitee by any Person (other than any Affiliate of such Indemnitee) not a party to this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger

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Net Amounts. Any amounts recoverable by any party Party pursuant to this Article XIII XII with respect to any Buyer’s Indemnified Claims or Members’ Indemnified Claims, as the case may be, shall be decreased by any insurance proceeds (net of collection costs) relating to such Buyer’s Indemnified Claims or Member Indemnified Claims, as the case may be, which are actually paid to such Indemnitee by any Person (other than any Affiliate of such Indemnitee) not a party to this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (Grove, Inc.)

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