Common use of Net Amounts Clause in Contracts

Net Amounts. Any amounts recoverable by any party pursuant to this Article XI with respect to any Buyer’s Losses or Sellers’ Losses, as the case may be, shall be decreased by any insurance proceeds or other amounts relating to such Buyer’s Losses or Sellers’ Losses, as the case may be, paid to such Indemnified Party by any Person (other than any Affiliate of such Indemnified Party) not a party to this Agreement.

Appears in 4 contracts

Samples: Asset Purchase and Sale Agreement (Linn Energy, LLC), Asset Purchase and Sale Agreement (Linn Energy, LLC), Asset Purchase and Sale Agreement (Linn Energy, LLC)

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Net Amounts. Any amounts recoverable by any party pursuant to this Article XI 9 with respect to any BuyerPurchaser’s Losses Loss or Sellers’ LossesSeller’s Loss, as the case may be, shall be decreased by any insurance proceeds or other amounts relating to such BuyerPurchaser’s Losses Loss or Sellers’ LossesSeller’s Loss, as the case may be, paid to such Indemnified Party by any Person person (other than any Affiliate of such Indemnified Party) not a party to this Agreement.

Appears in 2 contracts

Samples: Asset Purchase and Sale Agreement (Jones Energy, Inc.), Asset Purchase and Sale Agreement (Jones Energy, Inc.)

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Net Amounts. Any amounts recoverable by any party pursuant to this Article XI with respect to any Buyer’s Losses or LP Sellers’ Losses, as the case may be, shall be decreased by any insurance proceeds or other amounts relating to such Buyer’s Losses or LP Sellers’ Losses, as the case may be, paid to such Indemnified Party by any Person (other than any Affiliate of such Indemnified Party) not a party to this Agreement.

Appears in 1 contract

Samples: Limited Partnership Asset Purchase and Sale Agreement (Linn Energy, LLC)

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