Reduction of Liability. The calculation of any Losses shall take into account any insurance, warranty, litigation or settlement proceeds recoverable by and paid to the Indemnified Party (net of any costs and expenses, and net of any insurance premium increases resulting from such Losses or claims relating to such Losses) from any third party relating to the liability that gave rise to the indemnity.
Appears in 4 contracts
Samples: Asset Purchase Agreement (Alion Science & Technology Corp), Asset Purchase Agreement (Beagle Holdings Inc), Asset Purchase Agreement (Alion Science & Technology Corp)