No Duplication of Payments Clause Example with 4 Variations from Business Contracts

This page contains No Duplication of Payments clauses in business contracts and legal agreements. An example clause is provided at the top of the page, followed by clauses with minor variations. You can view the text differences by selecting the "Show Differences" option.
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 (whether under any statute, insurance policy, any provision of the Bylaws, any provision of the Certificate of Incorporation, vote, or otherwise) of the amounts otherwise indemnifiable hereunder. The Company's obligation of indemnification or Expense Advance hereunder to the Indemnitee who is or was serving at the request ...of the Company as a director, officer, trustee, partner, managing member, fiduciary, board of directors' committee member, employee or agent of any other Person shall be reduced by any amount the Indemnitee has actually received as indemnification or advancement of Expenses from such Person. View More

Variations of a "No Duplication of Payments" Clause from Business Contracts

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 (whether under any statute, insurance policy, any provision of the Bylaws, any provision of the Certificate Certificate, vote of Incorporation, vote, stockholders or directors (or a committee of directors), determination of Independent Counsel, other agreement or otherwise) of the amounts otherwise indemnifiable hereunder.... The Company's obligation of indemnification or Expense Advance hereunder to the Indemnitee who is or was serving at the request of of, for the convenience of, or to represent the interests of, the Company as a director, officer, trustee, partner, managing member, fiduciary, board Board of directors' Directors' committee member, employee employee, agent or agent other representative of any other Person shall be reduced by any amount the Indemnitee has actually received as indemnification or advancement of Expenses from such Person. View More
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 (whether under any statute, insurance policy, any provision of the Bylaws, By-laws, any provision of the Certificate Articles, vote of Incorporation, vote, shareholders or directors (or a committee of directors), determination of Independent Counsel, other agreement or otherwise) of the specific amounts otherwise indemnifi...able hereunder. The Company's obligation of indemnification or Expense Advance hereunder to the Indemnitee who is or was serving at the request of the Company as a director, officer, trustee, partner, managing member, fiduciary, board Board of directors' Directors' committee member, employee employee, agent or agent other representative of any other Person shall be reduced by any amount the Indemnitee has actually received as indemnification or advancement of Expenses from such Person. View More
No Duplication of Payments. The Company shall not be liable under this Agreement to make any payment in connection with any Proceeding Claim to the extent the Indemnitee has otherwise actually received payment (whether under (under any statute, insurance policy, any provision of the Bylaws, any provision of the Certificate of Incorporation, Constituent Documents, vote, or otherwise) of the amounts otherwise indemnifiable hereunder. The Company's obligation of indemnification or Expense Advance Advances hereunder to the Ind...emnitee who is or was serving at the request of the Company as a director, officer, trustee, partner, managing member, fiduciary, board of directors' committee member, employee or agent of any other Person shall be reduced by any amount the Indemnitee has actually received as indemnification or advancement of Expenses Expense Advance from such Person. View More
No Duplication of Payments. The Company shall not be liable under this Agreement to make any payment in connection with any Proceeding Claim to the extent the Indemnitee has otherwise actually received payment (whether under (under any statute, insurance policy, any provision of the Bylaws, any provision of the Certificate of Incorporation, vote, or otherwise) of the amounts otherwise indemnifiable hereunder. The Company's obligation of indemnification or Expense Advance hereunder to the Indemnitee who is or was serving at... the request of the Company as a director, officer, trustee, partner, managing member, fiduciary, board of directors' committee member, employee or agent of any other Person shall be reduced by any amount the Indemnitee has actually received as indemnification or advancement of Expenses from such Person. View More