NON-INSURED CONTRIBUTION Sample Clauses
The Non-Insured Contribution clause defines the portion of costs or losses that a party must bear themselves because they are not covered by insurance. In practice, this clause specifies which expenses, damages, or liabilities are excluded from insurance policies and must be paid out-of-pocket by the responsible party, such as deductibles or items explicitly excluded from coverage. Its core function is to clarify financial responsibility for uninsured risks, ensuring that all parties understand which costs are not recoverable through insurance and must be managed directly.
NON-INSURED CONTRIBUTION. Any direct or indirect contribution (and retained earnings thereon) by the Investor after the insured investment is made shall be deducted from book value of the foreign enterprise.
NON-INSURED CONTRIBUTION. Any direct or indirect additional amount contributed to the Foreign Enterprise by the Investor in excess of the Investment shall reduce compensation payable by OPIC in the proportion that such additional amount bears to the aggregate of the Investment and any such additional amount.