Common use of Net of Insurance Benefits Clause in Contracts

Net of Insurance Benefits. The amount of Purchaser Indemnified Costs and Seller Indemnified Costs recoverable hereunder shall be net of insurance recoveries actually received by the applicable Indemnified Party from insurance policies of the Company (including under the existing title policies).

Appears in 3 contracts

Samples: Agreement for Purchase of Membership Interests (Ormat Technologies, Inc.), Limited Liability Company Agreement (Ormat Technologies, Inc.), Agreement for Purchase of Membership Interests (Ormat Technologies, Inc.)

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Net of Insurance Benefits. The amount of Purchaser Indemnified Costs and Seller Indemnified Costs recoverable hereunder shall be net of insurance recoveries actually received by the applicable Indemnified Party from insurance policies of the Company or the Project Companies (including under the existing title policies).

Appears in 1 contract

Samples: Agreement for Purchase of Membership Interests (Ormat Technologies, Inc.)

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