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 to Indemnitee in respect of any Indemnifiable Losses to the extent Indemnitee has otherwise actually received payment (net of Expenses incurred in connection therewith) under any insurance policy, the Constituent Documents and Other Indemnity Provisions or otherwise (including from any entity or enterprise referred to in clause (i) of the definition of "Indemnifiable Claim" in Section 1(i)) in respect of such Indemnifiable ...Losses otherwise indemnifiable hereunder. Indemnitee shall be obligated to repay to the Company any such duplicate payment if actually made. View More
Found in GORMAN RUPP CO contract
GORMAN RUPP CO Contracts

DIRECTOR INDEMNIFICATION AGREEMENT (Filed With SEC on March 9, 2015)

OFFICER INDEMNIFICATION AGREEMENT (Filed With SEC on March 9, 2015)