Common use of Insurance Recovery Clause in Contracts

Insurance Recovery. Notwithstanding anything expressed or implied to the contrary in this clause, the amount of any losses subject to indemnification shall be reduced by the amount of any insurance proceeds received by the Indemnified Party from Licensee’s insurer with respect to such Losses, and there shall be no obligation under this Agreement for Licensee to indemnify such Indemnified Party for the amount of losses so reduced by such payment by Licensee’s insurer to such Indemnified Party.

Appears in 21 contracts

Samples: License Agreement, License Agreement, License Agreement

AutoNDA by SimpleDocs

Insurance Recovery. Notwithstanding anything expressed or implied to the contrary in this clauseSection, the amount of any losses subject to indemnification shall be reduced by the amount of any insurance proceeds received by the Indemnified Party indemnified party from Licensee’s 's insurer with respect to such Losses, and there shall be no obligation under this Agreement for Licensee to indemnify such Indemnified Party indemnified party for the amount of losses so reduced by such payment by Licensee’s 's insurer to such Indemnified Partyindemnified party.

Appears in 5 contracts

Samples: License Agreement, License Agreement, License Agreement

Insurance Recovery. Notwithstanding anything expressed or implied to the contrary in this clause, the amount of any losses subject to indemnification shall be reduced bereduced by the amount of any insurance proceeds received by the Indemnified Party from Licensee’s 's insurer with respect to such Losses, and there shall be no obligation under this Agreement for Licensee to indemnify such Indemnified Party for the amount of losses so reduced by such payment by Licensee’s 's insurer to such Indemnified Party.

Appears in 1 contract

Samples: License Agreement

Insurance Recovery. Notwithstanding anything expressed or implied to the contrary in this clauseAgreement, the amount of any losses Losses subject to indemnification shall be reduced by the amount of any insurance proceeds received by the Indemnified Party from Licensee’s insurer with respect to such Losses, and there shall be no obligation under this Agreement for Licensee to indemnify such Indemnified Party for the amount of losses so reduced by such payment by Licensee’s insurer to such Indemnified Party.

Appears in 1 contract

Samples: Asset Purchase Agreement (Verb Technology Company, Inc.)

Insurance Recovery. Notwithstanding anything expressed or implied to the contrary in this clause, the amount of any losses subject to indemnification shall be reduced by the amount of any insurance proceeds received by the Indemnified Party from Licensee’s insurer with respect to such Losses, and there shall be no obligation under this Agreement for Licensee to indemnify such Indemnified DocuSign Envelope ID: E68F63E3-D274-4CA3-9C96-ECE5CBD30F63 Party for the amount of losses so reduced by such payment by Licensee’s insurer to such Indemnified Party.

Appears in 1 contract

Samples: License Agreement

Insurance Recovery. Notwithstanding anything expressed or implied to the contrary in this clause, the amount of any losses subject to indemnification shall be reduced by the amount of any insurance proceeds received by the Indemnified Party from Licensee’s insurer with respect to such Losses, and there shall be no obligation under this Agreement for Licensee to indemnify such Indemnified Indemnified‌ Party for the amount of losses so reduced by such payment by Licensee’s insurer to such Indemnified Party.

Appears in 1 contract

Samples: License Agreement

Insurance Recovery. Notwithstanding anything expressed or implied to the contrary in this clause, the amount of any losses subject to indemnification shall be reduced by the amount of any insurance proceeds received by the Indemnified Party from Licensee’s insurer with respect to such Losses, and there shall be no obligation under this Agreement for Licensee to indemnify such Indemnified DocuSign Envelope ID: D912197B-D81E-47C3-A57B-57CF17C9819B Party for the amount of losses so reduced by such payment by Licensee’s insurer to such Indemnified Party.

Appears in 1 contract

Samples: License Agreement

Insurance Recovery. Notwithstanding anything expressed or implied to the contrary in this clause, the amount of any losses subject to indemnification shall be reduced by the amount of any insurance proceeds received by the Indemnified Party from Licensee’s insurer with respect to such Losses, and there shall be no obligation under this Agreement for Licensee to indemnify such Indemnified DocuSign Envelope ID: F0C62F1B-BD77-4D06-9219-67924AA8E188 Party for the amount of losses so reduced by such payment by Licensee’s insurer to such Indemnified Party.

Appears in 1 contract

Samples: License Agreement

AutoNDA by SimpleDocs

Insurance Recovery. Notwithstanding anything expressed or implied to the contrary in this clause, the amount of any losses subject to indemnification shall be reduced by the amount of any insurance proceeds received by the Indemnified Party from Licensee’s insurer with respect to such Losses, and there shall be no obligation under this Agreement for Licensee to indemnify such Indemnified DocuSign Envelope ID: E389DDA3-3EA0-4C1B-801D-93CD35BC54C2 Party for the amount of losses so reduced by such payment by Licensee’s insurer to such Indemnified Party.

Appears in 1 contract

Samples: License Agreement

Insurance Recovery. Notwithstanding anything expressed or implied to the contrary in this clause, the amount of any losses subject to indemnification shall be reduced by the amount of any insurance proceeds received by the Indemnified Party from Licensee’s insurer with respect to such Losses, and there shall be no obligation under this Agreement for Licensee to indemnify such Indemnified DocuSign Envelope ID: 91216EB2-F486-414B-B694-F90CEB5F065E Party for the amount of losses so reduced by such payment by Licensee’s insurer to such Indemnified Party.

Appears in 1 contract

Samples: License Agreement

Insurance Recovery. Notwithstanding anything expressed or implied to the contrary in this clause, the amount of any losses subject to indemnification shall be reduced by the amount of any insurance proceeds received by the Indemnified Party from Licensee’s insurer with respect to such Losses, and there shall be no obligation under this Agreement for Licensee to indemnify such Indemnified DocuSign Envelope ID: 20ED8EAA-71E5-4C18-B49D-62DBEC763D25 Party for the amount of losses so reduced by such payment by Licensee’s insurer to such Indemnified Party.

Appears in 1 contract

Samples: License Agreement

Insurance Recovery. Notwithstanding anything expressed or implied to the contrary in this clause, the amount of any losses subject to indemnification shall be reduced by the amount of any insurance proceeds received by the Indemnified Party from Licensee’s insurer with respect to such Losses, and there shall be no obligation under this Agreement for Licensee to indemnify such Indemnified DocuSign Envelope ID: 76B8C7A6-66D1-43C9-84E7-0D151DB61944 Party for the amount of losses so reduced by such payment by Licensee’s insurer to such Indemnified Party.

Appears in 1 contract

Samples: License Agreement

Insurance Recovery. Notwithstanding anything expressed or implied to the contrary in this clause, the amount of any losses subject to indemnification shall be reduced by the amount of any insurance proceeds received by the Indemnified Party from Licensee’s insurer with respect to such Losses, and there shall be no obligation under this Agreement for Licensee to indemnify such Indemnified DocuSign Envelope ID: 174398E9-7BC6-4D69-97DC-01A43A37BFC6 Party for the amount of losses so reduced by such payment by Licensee’s insurer to such Indemnified Party.

Appears in 1 contract

Samples: License Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.