Subrogation Rights; No Duplication. (a) Any Indemnitor required to make a payment under this Article XII shall be subrogated, to the extent of such payment, to the rights of the entity to which such payment has been made for reimbursement or indemnification against third parties relating to the claim on which such payment has been based. (b) Notwithstanding anything in this Article XII to the contrary, the obligations of each Indemnitor and its Affiliates pursuant to this Article XII shall be without duplication as between entities to which such Indemnitor and its Affiliates are required to make payments.
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Samples: Asset Purchase Agreement (Fort James Corp), Asset Purchase Agreement (Printpack Inc), Asset Purchase Agreement (Acx Technologies Inc)
Subrogation Rights; No Duplication. (a) Any Indemnitor required to make a payment under this Article XII VII shall be subrogated, to the extent of such payment, to the rights of the entity to which such payment has been made for reimbursement or indemnification against third parties relating to the claim on which such payment has been based.
(b) Notwithstanding anything in this Article XII VII to the contrary, the obligations of each Indemnitor and its Affiliates pursuant to this Article XII VII shall be without duplication as between entities to which such Indemnitor and its Affiliates are required to make payments.
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Subrogation Rights; No Duplication. (a) Any Indemnitor required to make a payment under this Article XII XIII shall be subrogated, to the extent of such payment, to the rights of the entity to which such payment has been made for reimbursement or indemnification against third parties relating to the claim on which such payment has been based.
(b) Notwithstanding anything in this Article XII XIII to the contrary, the obligations of each Indemnitor and its Affiliates pursuant to this Article XII XIII shall be without duplication as between entities to which such Indemnitor and its Affiliates are required to make payments.
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