Common use of No Duplicate Payments Clause in Contracts

No Duplicate Payments. The Fund’s indemnification of any Fund Covered Person pursuant to this Article X shall be reduced by any amounts such Fund Covered Person receives as indemnification: (i) under any policy of insurance purchased and maintained on his or her behalf by the Fund; (ii) from another corporation, partnership, joint venture, trust or other enterprise; or (iii) under any other applicable indemnification provision.

Appears in 8 contracts

Samples: Operating Agreement, Operating Agreement, Operating Agreement

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