Common use of No Duplication of Payment Clause in Contracts

No Duplication of Payment. The Corporation shall not be liable under this Agreement to make any payment in connection with any claim made against the Director to the extent the Director has otherwise actually received payment (under any provision of applicable law as then in effect, under any provision of the Certificate of Incorporation or By-Laws of the Corporation or any Affiliate, under any insurance policy or otherwise) of amounts otherwise indemnifiable hereunder.

Appears in 4 contracts

Samples: Indemnification Agreement (GeoEye, Inc.), Indemnification Agreement (GeoEye, Inc.), Indemnification Agreement (Orbimage Holdings Inc/De)

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No Duplication of Payment. The Corporation shall not be liable under this Agreement to make any payment in connection with any claim made against the Director Director/Officer to the extent the Director Director/Officer has otherwise actually received payment (under any provision of applicable law as then in effect, under any provision of the Certificate of Incorporation or By-Laws of the Corporation or any Affiliate, under any insurance policy or otherwise) of amounts otherwise indemnifiable hereunder.

Appears in 2 contracts

Samples: Indemnification Agreement (Orbimage Inc), Indemnification Agreement (Orbital Imaging Corp)

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