Common use of No Insurance Clause in Contracts

No Insurance. The indemnifications provided in this Agreement shall not be construed as a form of insurance and shall be binding upon and inure to the benefit of Purchaser, Sellers and their respective affiliates; and the indemnification provisions shall apply with full force and effect notwithstanding the fact the Indemnitee has insurance covering all or a portion of the Losses provided that an Indemnitor shall be subrogated to any right an Indemnitee may have to receive any insurance proceeds payable in respect of any Losses for which indemnification has been provided.

No Insurance. The indemnifications provided in this Agreement shall not be construed as a form of insurance and shall be binding upon and inure to the benefit of Purchaserthe Reinsurer, Sellers and their respective affiliatesthe Company; and the indemnification provisions shall apply with full force and effect notwithstanding the fact the Indemnitee has insurance covering all or a portion of the Losses provided that an Indemnitor shall be subrogated to any right an Indemnitee may have to receive any insurance proceeds payable in respect of any Losses for which indemnification has been providedLosses.

No Insurance. The indemnifications provided in this Agreement shall not be construed as a form of insurance and shall be binding upon and inure to the benefit of PurchaserReinsurer, Sellers and their respective affiliatesXxxxxx; and the indemnification provisions shall apply with full force and effect notwithstanding the fact the Indemnitee has insurance covering all or a portion of the Losses provided that an Indemnitor shall be subrogated to any right an Indemnitee may have to receive any insurance proceeds payable in respect of any Losses for which indemnification has been providedLosses.

No Insurance. The indemnifications provided in this Agreement shall not be construed as a form of insurance and shall be binding upon and inure to the benefit of PurchaserReinsurer, Sellers and their respective affiliatesUniversal; and the indemnification provisions shall apply with full force and effect notwithstanding the fact the Indemnitee has insurance covering all or a portion of the Losses provided that an Indemnitor shall be subrogated to any right an Indemnitee may have to receive any insurance proceeds payable in respect of any Losses for which indemnification has been providedLosses.