Common use of REDUCTION OF INSURANCE; REDUCTION OR TERMINATION OF LIABILITY Clause in Contracts

REDUCTION OF INSURANCE; REDUCTION OR TERMINATION OF LIABILITY. All payments under this policy, except payments made for costs, attorneys’ fees, and expenses, shall reduce the Amount of Insurance by the amount of the payment.

Appears in 10 contracts

Samples: Membership Interest Purchase Agreement (MVP REIT II, Inc.), Transition Agreement (QTS Realty Trust, Inc.), Equity Participation Agreement (BrightSource Energy Inc)

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REDUCTION OF INSURANCE; REDUCTION OR TERMINATION OF LIABILITY. All payments under this policy, except payments made for costs, attorneys’ fees, ' fees and expenses, shall reduce the Amount of Insurance by the amount of the paymentinsurance pro tanto.

Appears in 5 contracts

Samples: Purchase and Sale Agreement (FSP 50 South Tenth Street Corp), Agreement of Sublease (Information Analysis Inc), Purchase and Sale Agreement (Inland Western Retail Real Estate Trust Inc)

REDUCTION OF INSURANCE; REDUCTION OR TERMINATION OF LIABILITY. All payments under this policy, except payments made for costs, attorneys’ fees, ' fees and expenses, shall reduce the Amount of Insurance by the amount of the paymentinsurance pro rata.

Appears in 4 contracts

Samples: Lease Agreement (Casino Resource Corp), Lease Agreement (Casino Resource Corp), Lease Agreement (Casino Resource Corp)

REDUCTION OF INSURANCE; REDUCTION OR TERMINATION OF LIABILITY. All payments under this policy, except payments made for costs, attorneys’ fees, fees and expenses, shall reduce the Amount of Insurance by the amount of the payment.

Appears in 2 contracts

Samples: publicrecords.laportetx.gov, Contract of Sale (Franklin Street Properties Corp /Ma/)

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REDUCTION OF INSURANCE; REDUCTION OR TERMINATION OF LIABILITY. All payments under this policy, except payments made for costs, attorneys’ fees, and expenses, shall reduce the Amount of Insurance by the amount of the payment.. CONDITIONS (con’t)

Appears in 1 contract

Samples: Lease Number   Well   Lease (Trans Energy Inc)

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