No Duplication of Payments Clause Example from Business Contracts

This example No Duplication of Payments clause appears in 2 contracts from 1 company

No Duplication of Payments. The Company shall not be liable under this Agreement to make any payment in connection with any Proceeding to the extent the Indemnitee has otherwise actually received payment (under any insurance policy, the Charter, Company by-laws or otherwise) of the amounts otherwise indemnifiable hereunder.