Common use of Third Party Contributors Clause in Contracts

Third Party Contributors. The amount of any and all Losses for which indemnification is provided pursuant to this Article shall be net of any amounts actually received by the Indemnitee with respect to such Losses (i) under insurance policies after giving effect to any deductible, retention or equivalent loss rated premium adjustment and any costs or expenses incurred in recovering such insurance proceeds and (ii) otherwise from any third party.

Third Party Contributors. The amount of any and all Losses for which indemnification is provided pursuant to this Article Section 10 shall be net of any amounts actually received by the Indemnitee with respect to such Losses (i) under insurance policies after giving effect to any deductible, retention or equivalent loss rated premium adjustment and any costs or expenses incurred in recovering such insurance proceeds and (ii) otherwise from any third party.