Common use of Allocation of Insurance Proceeds; Cooperation Clause in Contracts

Allocation of Insurance Proceeds; Cooperation. Except as otherwise provided in Section 3.13, the parties shall use reasonable efforts to ensure that Insurance Proceeds received with respect to claims, costs and expenses under the Insurance Policies shall be paid to Altria with respect to Altria Liabilities and to Kraft with respect to the Kraft Liabilities.

Appears in 2 contracts

Samples: Distribution Agreement (Altria Group, Inc.), Distribution Agreement (Kraft Foods Inc)

AutoNDA by SimpleDocs

Allocation of Insurance Proceeds; Cooperation. Except as otherwise provided in Section 3.133.12, the parties shall use reasonable efforts to ensure that Insurance Proceeds received with respect to claims, costs and expenses under the Insurance Policies shall be paid to Altria with respect to Altria Liabilities and to Kraft PMI with respect to the Kraft PMI Liabilities.

Appears in 2 contracts

Samples: Distribution Agreement (Philip Morris International Inc.), Distribution Agreement (Altria Group, Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.