Salvage after Partial Loss Sample Clauses

Salvage after Partial Loss. After payment of a Partial Loss, the Named Insured shall use reasonable best efforts to obtain the maximum benefit of salvage, subject to any salvage owed to the Launch Vehicle services provider under the Launch Contract, on that portion of the Satellite or Satellite life for which a claim has been paid for by the Insurers at the Insurers’ sole cost and expense. If financial arrangements are agreed to by the Named Insured and the Insurers that result in the sharing of revenues between the Named Insured and the Insurers, the Insurers’ net salvage recovery will be limited to the amount of their payments under the policy. After payment of a Partial Loss, salvage shall not be required to the extent it conflicts with the Named Insured’s ability to meet its contractual obligations to its customers or adversely affects the use of the Satellite for the Named Insured’s intended commercial communications purposes. After payment of a Partial Loss and/or Total Loss, the Named Insured may use, with the prior written consent of the Insurers, the portion of the Satellite for which a claim has been paid, for scientific and/or testing and/or demonstration and/or incidental communications purposes that do not produce revenue or income or equivalent goods and services of any nature and do not reduce the amount of salvage hereunder. Such use shall not reduce payments for loss hereunder.