Common use of Reduction by Insurance Proceeds Clause in Contracts

Reduction by Insurance Proceeds. The amount payable by an Indemnifying Party to an Indemnified Party with respect to any Damages arising under this Agreement shall be reduced by the amount of any insurance proceeds actually received by the Indemnified Party with respect to such Damages, and each of the parties hereto hereby agrees to use its reasonable best efforts to collect insurance proceeds to which it is entitled in respect of any such Damages.

Reduction by Insurance Proceeds. The amount payable by an Indemnifying Party Indemnity Obligor to an Indemnified Party with respect to any Damages arising under this Agreement a Loss shall be reduced by the amount of any insurance proceeds actually received by the Indemnified Party with respect to such Damagesthe Loss, and each of the parties hereto hereby agrees to use its reasonable best efforts to collect any and all insurance proceeds to which it is may be entitled in respect of any such DamagesLoss.

Reduction by Insurance Proceeds. The amount payable by an Indemnifying Party to an Indemnified Party with respect to any Damages arising under this Agreement Losses shall be reduced by the amount of any insurance proceeds actually received by the Indemnified Party with respect to such Damagesthe Losses, and each of the parties hereto Parties hereby agrees to use its exercise commercially reasonable best efforts to collect any and all insurance proceeds to which it is may be entitled in respect of any such DamagesLosses. Notwithstanding the above, an Indemnified Party shall not be obligated to file an insurance claim with respect to any Loss(es).

Reduction by Insurance Proceeds. The amount payable by an Indemnifying Party Indemnity Obligor to an Indemnified Party with respect to any Damages arising under this Agreement a Loss shall be reduced by the amount of any insurance proceeds actually received by the Indemnified Party with respect to such Damagesthe Loss, and each of the parties hereto hereby agrees to use its commercially reasonable best efforts to collect any and all insurance proceeds to which it is may be entitled in respect of any such DamagesLoss.