Common use of Reduction for Insurance Claims Clause in Contracts

Reduction for Insurance Claims. The amount required to be paid for Damages will be reduced to the extent of any amounts an Indemnified Party actually receives pursuant to the terms of the insurance policies (if any) covering such Indemnification Claim.

Appears in 1 contract

Samples: Merger Agreement (Wendys International Inc)

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Reduction for Insurance Claims. The amount of Damages required to be paid for Damages will be reduced to the extent of any amounts an Indemnified Party actually receives pursuant to the terms of the insurance policies (if any) covering such Indemnification Claim. Nothing in this SECTION 9.6(C) will be deemed to obligate any Person to pursue any claim against any insurer or third party.

Appears in 1 contract

Samples: Stock Purchase Agreement (Interplay Entertainment Corp)

Reduction for Insurance Claims. The amount of Damages required to be paid for Damages will be reduced to the extent of 75% of any amounts an Indemnified Party actually receives pursuant to the terms of the insurance policies (if any) covering such Indemnification ClaimClaims.

Appears in 1 contract

Samples: Stock Purchase Agreement (Insight Health Services Holdings Corp)

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Reduction for Insurance Claims. The amount of Damages required to be paid for Damages will be reduced to the extent of any amounts an Indemnified Party actually receives pursuant to the terms of the insurance policies (if any) covering such Indemnification Claim. Nothing in this Section 9.6(c) will be deemed to obligate any Person to pursue any claim against any insurer or third party.

Appears in 1 contract

Samples: Stock Purchase Agreement (Infogrames Inc)

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