No Duplicative Payment Sample Clauses

No Duplicative Payment. The Company shall not be liable under this Agreement to make any payment of amounts otherwise indemnifiable hereunder if and to the extent that Indemnitee has otherwise actually received such payment under any insurance policy, contract, agreement or otherwise.
AutoNDA by SimpleDocs
No Duplicative Payment. It is intended that the provisions of this Agreement shall not result in a duplicative payment of any amount required to be paid under the Separation Agreement or any other Distribution Document, and this Agreement shall be construed accordingly.
No Duplicative Payment. No duplicative payment of any amount (including interest) will be required under this Agreement.
No Duplicative Payment. No duplicative payment of any Tax Benefit Payment (including interest) shall be required under this Agreement.
No Duplicative Payment. The Company, LCS and the Subsidiaries shall not be liable under this Agreement to make any payment of amounts otherwise indemnifiable hereunder if and to the extent that Indemnitee has otherwise actually received such payment (net of Expenses incurred in collecting such payment) under any insurance policy, contract, agreement or otherwise.
No Duplicative Payment. (a) Notwithstanding anything to the contrary in this Agreement, it is intended that the provisions of this Agreement will not result in a duplicative payment of any amount required to be paid under the Transaction Agreements, and this Agreement will be construed accordingly. (b) Spinco shall be treated as having paid Taxes for which it is liable under this Agreement to the extent any amounts in respect of such Taxes were either paid by any member of the Spinco Tax Group to Parent or to the applicable Tax Authority or were taken into account in determining the amount of any Intercompany Account settled as part of the Spin-Off, in each case as determined by Parent.
No Duplicative Payment. Neither Nabors Bermuda nor Nabors Delaware shall be liable under this Article VII to make any payment of amounts otherwise actually received by the Executive under any insurance policy, contract, agreement or otherwise.
AutoNDA by SimpleDocs
No Duplicative Payment. TCG shall not be liable under this Agreement to make any payment of amounts otherwise indemnifiable hereunder if and to the extent that a Taylxx Xxxily member has otherwise actually received such payment under any insurance policy, contract or agreement. The Taylxx Xxxily shall use its reasonable efforts to collect any payment under any such insurance policy, contract or agreement. The Taylxx Xxxily shall use its reasonable efforts to collect any payment under any such insurance policy, contact or agreement.
No Duplicative Payment. The Company shall not be liable under this Agreement to make any payment of amounts otherwise actually received such payment under any insurance policy, contract, agreement or otherwise.
No Duplicative Payment. There shall be no duplicative payment or pyramiding of overtime for the same hours worked. "Overtime" as used herein does not include pay incentives.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!