No Duplication of Payments Clause Example from Business Contracts
This example No Duplication of Payments clause appears in 2 contracts from 2 companies
No Duplication of Payments. Except as provided in Section 14, 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.
Found in
Krystal Biotech, Inc. contract
Elevate Credit, Inc. Contracts
DIRECTOR INDEMNIFICATION AGREEMENT (Filed With SEC on March 10, 2017)