Common use of Computation of Losses Subject to Indemnification Clause in Contracts

Computation of Losses Subject to Indemnification. The amount of any Loss for which indemnification is provided under this Article 6 or otherwise in this Agreement shall be computed net of any insurance proceeds when actually received by the Indemnified Party (less its reasonable costs of enforcing the insurance) from the Indemnifying Party’s insurance carrier(s); provided that such indemnification amounts shall be paid when due pursuant to the terms hereof and the Indemnified Party, upon receipt of such proceeds, shall transfer to the Indemnifying Party the entire amount of such proceeds.

Computation of Losses Subject to Indemnification. The amount of any Loss for which indemnification is provided under this Article 6 7 or otherwise in this Agreement shall be computed net of any insurance proceeds when actually received by the Indemnified Party (less its reasonable costs of enforcing the insurance) from the Indemnifying Party’s insurance carrier(s); provided that such indemnification amounts shall be paid when due pursuant to the terms hereof and the Indemnified Party, upon receipt of such proceeds, shall transfer to the Indemnifying Party the entire amount of such proceeds.

Computation of Losses Subject to Indemnification. The amount of any Loss for which indemnification is provided under this Article 6 or otherwise in this Agreement shall be computed net of any insurance proceeds when actually received by the Indemnified Party (less its reasonable costs of enforcing the insurance) from the Indemnifying Party’s insurance carrier(s); provided that such indemnification amounts shall be paid when due pursuant to the terms hereof and the Indemnified Party, upon receipt of such proceeds, shall transfer to the Indemnifying Party the entire amount of such proceedsproceeds up to the amount of the indemnification payment.

Computation of Losses Subject to Indemnification. The amount of any Loss for which indemnification is provided under this Article 6 VII or otherwise in this Agreement shall be computed net of any insurance proceeds when actually received by the Indemnified Party (less its reasonable costs of enforcing the insurance) from the Indemnifying Party’s 's insurance carrier(s); provided that such indemnification amounts shall be paid when due pursuant to the terms hereof and the Indemnified Party, upon receipt of such proceeds, shall transfer to the Indemnifying Party the entire amount of such proceeds.