No Double Compensation Sample Clauses
The No Double Compensation clause prevents a party from receiving the same type of compensation or damages more than once for a single event or loss under a contract. In practice, this means that if a party is entitled to recover costs or damages under one provision, they cannot claim those same amounts again under another provision or from a different source related to the same incident. This clause ensures fairness by avoiding overcompensation and eliminates the risk of duplicate payments for the same issue.
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No Double Compensation. The Project Designer shall not be entitled to double compensation for components which are included under this Section 8.
No Double Compensation. 92.1 The Contractor shall not be entitled to double compensation according to this Contract, for any compensation component payable under this Contract or under the provisions of any Law.
92.2 In the determination of any compensation amount due to the Contractor, according to the provisions of this Contract, any insurance proceeds paid to the Contractor or which the Contractor is entitled to receive, if applicable, pursuant to the provisions of any insurance policy, or as a result of exercising any guarantee or security or the enforcement of any other legal right, including under Property Tax and Compensation Fund Law, 1961, shall be included within the amount of compensation due to the Contractor, to avoid and prevent double compensation.
No Double Compensation. The Buyer cannot obtain payment from the Seller under this Agreement more than once with respect to the same Damage.
No Double Compensation. The LRT Consultant shall not be entitled to double compensation for components which are included under this Section 8.
No Double Compensation. Nothing in this Agreement shall entitle the Purchaser or a Group Company to be compensated more than once for one and the same Losses suffered (without prejudice to their right to be compensated for all Losses once in their entirety) irrespective of whether such Losses result from more than one breach of the Sellers’ Representations and/or of any other representations, covenants or indemnities of the Sellers under this Agreement.
No Double Compensation. For the avoidance of doubt nothing in this Agreement shall obligate Sellers to compensate the Company, Purchaser or other Indemnitees for any Damage more than once.
No Double Compensation. Notwithstanding any other provision of this Agreement, but without prejudice to the rights of a party to terminate this Agreement in accordance with its terms, no party shall be entitled to recover compensation or make a Claim under this Agreement in respect of any Loss that it has incurred (or any failure of another party) to the extent that it has already been compensated in respect of that Loss or failure pursuant to this Agreement or otherwise, and, for the purposes of this Section 9.13, Performance Incentive Payments, and Non-Compliance Event Payments shall only be considered compensation to the Province or BCTFA in respect of the breaches or failures by Project Co or other events or circumstances that give rise thereto to the extent such payments or deductions are made, and such payments or deductions shall be without prejudice to the right of the Province to claim and recover from Project Co, subject to the other provisions of this Agreement, Direct Losses to the extent any such payment or deduction does not compensate the Province in full for such Direct Losses, and such right of the Province is hereby expressly preserved.
No Double Compensation. Notwithstanding any other provision of this Agreement, neither party will be entitled to recover compensation or make a claim under this Agreement, the Leases or any other agreement in relation to the Project in respect of any loss that it has incurred (or any failure of the other party) to the extent that it has already been compensated in respect of that loss or failure pursuant to this Agreement, the Leases or otherwise.
No Double Compensation. A Party shall not be entitled to compensation or to obtain payment or reimbursement from the other Party as compensation more than once in relation to the same situation, fact, event or Loss.