Offset for Insurance Proceeds Clause Samples
Offset for Insurance Proceeds. Any claim for Losses payable by Contractor pursuant to this Article 9 shall be reduced by an amount equal to any insurance proceeds paid to HPTE with respect to the event giving rise to such Claim.
Offset for Insurance Proceeds. Any claim for Losses payable by Contractor pursuant to this Article 9 shall be reduced by an amount equal to any insurance proceeds paid to the City with respect to the event giving rise to such Claim.