Reduction of Liabilities. The Liabilities covered hereby shall be net of any payments actually made to, or on behalf of, Indemnitee under a valid and collectible insurance policy, or under a valid and enforceable indemnification clause, by-law or agreement.
Appears in 8 contracts
Samples: Indemnification Agreement (Riggs National Corp), Indemnification Agreement (Riggs National Corp), Indemnification Agreement (Riggs National Corp)
