Common use of Insurance Offset Clause in Contracts

Insurance Offset. The obligation of a party to indemnify any Claim under this Article 10 shall be reduced by the full amount of any insurance collectible by the Indemnified Party with respect to such Claim or the underlying facts under any applicable policy or policies, regardless of whether the Indemnified Party chooses to submit a claim against such insurance policy.

Insurance Offset. The obligation of a party to indemnify provide indemnification for any Claim under this Article 10 8 shall be reduced by the full amount of any insurance collectible by realized and paid to the Indemnified Party (or any affiliate thereof) with respect to such Claim or the underlying facts under any applicable policy or policies, regardless of whether the . The Indemnified Party chooses (or any affiliate) shall use its reasonable efforts to submit a claim against such make insurance policyclaims relating to any Claim for which it is seeking indemnification pursuant to this Article 8.

Insurance Offset. The obligation of a party to indemnify any Claim under this Article 10 11 shall be reduced by the full amount of any insurance collectible actually collected by the Indemnified Party with respect to such Claim or the underlying facts under any applicable policy or policies, regardless of whether the Indemnified Party chooses to submit a claim against such insurance policy.