Common use of SALVAGE AND RECOVERIES Clause in Contracts

SALVAGE AND RECOVERIES. All salvages, recoveries and payments recovered or received subsequent to a loss settlement under this Contract shall be applied as if recovered or received prior to the said settlement and all necessary adjustments shall be made by the parties hereto.

Appears in 2 contracts

Samples: Section One, www.hdfcergo.com

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SALVAGE AND RECOVERIES. All salvages, recoveries recoveries, and payments recovered or received subsequent to a loss settlement under this Contract Policy shall be applied as if recovered or received prior to the said settlement settlement, and all necessary adjustments shall be made by the parties hereto.

Appears in 1 contract

Samples: www.businessriskpartners.com

SALVAGE AND RECOVERIES. All salvages, recoveries and payments recovered or received subsequent to a loss settlement under this Contract Policy shall be applied as if recovered or received prior to the said settlement and all necessary adjustments shall be made by the parties hereto.

Appears in 1 contract

Samples: www.aig.my

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SALVAGE AND RECOVERIES. All salvages, recoveries and payments recovered or received subsequent to a loss settlement under this Contract Policy shall be applied as if recovered or received prior to the said settlement and all necessary adjustments shall be made by the parties hereto.. TITLES

Appears in 1 contract

Samples: www.lmalloyds.com

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