Non-Duplicative Payments Sample Clauses
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Non-Duplicative Payments. In calculating amounts payable to an Indemnified Party, the amount of the Indemnified Losses shall not be duplicative of any other Loss for which an indemnification claim has been made and shall be computed net of (i) payments recovered by the Indemnified Party under any insurance policy with respect to such Losses, and (ii) any recovery by the Indemnified Party from any Person with respect to such Losses. EXECUTION COPY
Non-Duplicative Payments. The Employee and the Employer may enter or may have entered into other separate agreements. Except as specifically provided (referencing agreement name and date), this Agreement does not replace, amend or affect any other agreement between the Parties, and no other agreement shall replace, amend or affect this Agreement (unless specifically referencing this Agreement by name and date); provided, however, that the severance payments under this Agreement and any other agreement are not intended to be duplicative and the Employee is only entitled to be paid once for his Employee's Daily Compensation for the same period of time if the applicable payment periods under those agreements overlap.