Net Amount. Subject to the limitation in Section 14.02(e), if applicable, in the event that an Indemnifying Party is obligated to indemnify and hold any Indemnified Party harmless under this Article XIV, the amount owing to the Indemnified Party shall be the amount of such Indemnified Party’s actual Claims, net of any insurance or other recovery actually received by the Indemnified Party.
Appears in 3 contracts
Samples: Populus Joint Ownership and Operating Agreement (Idacorp Inc), Hemingway Joint Ownership and Operating Agreement (Idacorp Inc), Joint Purchase and Sale Agreement (Idacorp Inc)
Net Amount. Subject to the limitation in Section 14.02(e14.2(e), if applicable, in the event that an Indemnifying Party is obligated to indemnify and hold any Indemnified Party harmless under this Article XIV, the amount owing to the Indemnified Party shall be the amount of such Indemnified Party’s actual Claims, fines or penalties or other Losses, as the case may be, net of any insurance or other recovery actually received by the Indemnified Party.
Appears in 2 contracts
Samples: Joint Ownership and Operating Agreement, Joint Ownership and Operating Agreement (Idaho Power Co)
Net Amount. Subject to the limitation in Section 14.02(e11.2(e), if applicable, in the event that an Indemnifying Party is obligated to indemnify and hold any Indemnified Party harmless under this Article XIVXI for a Claim, then the amount owing to the Indemnified Party of such Claim shall be the amount of such Indemnified Party’s actual ClaimsClaim, net of any insurance or other recovery actually received by the Indemnified Party.
Appears in 1 contract
Samples: Hemingway Transmission Project Permit Funding Agreement
