Net Amount. In the event that an Indemnifying Party is obligated to indemnify and hold any Indemnified Party harmless under this Section, the amount owing to the Indemnified Party shall be the amount of such indemnified Party's actual out-of-pocket loss, net of any insurance or other recovery.
Appears in 4 contracts
Samples: Operation and Maintenance Agreement, Operation and Maintenance Agreement (Ormat Funding Corp.), Operation and Maintenance Agreement (Ormat Funding Corp.)
Net Amount. In the event that an Indemnifying Party is obligated to indemnify and hold any Indemnified Party harmless under this SectionArticle VIII, the amount owing to the Indemnified Party shall be the amount of such indemnified Indemnified Party's ’s actual out-of-pocket losscost incurred in connection with the indemnified Losses or Third-Party Losses, net of any insurance or other recoveryrecovery actually received by the Indemnified Party.
Appears in 2 contracts
Samples: Operation and Maintenance Services Agreement, Services Agreement (Otter Tail Corp)
Net Amount. In the event that an Indemnifying indemnifying Party is obligated to indemnify and hold any Indemnified indemnified Party harmless under this SectionArticle, the amount owing to the Indemnified indemnified Party shall be the amount of such indemnified Party's ’s actual out-of-pocket loss, net of any insurance or other recovery.
Appears in 1 contract
Samples: Solar Lease and Easement Agreement
Net Amount. In the event that an Indemnifying Party is obligated to indemnify and hold any Indemnified Party harmless under this SectionArticle 13, the amount owing to the Indemnified Party shall be the amount of such indemnified Indemnified Party's actual out-of-pocket loss, net of any insurance proceeds or other recoveryamount recovered from any other Person.
Appears in 1 contract
Samples: System Operating Agreement
