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 for in Section 18, the Company shall not be liable under this Agreement to make any payment of amounts otherwise indemnifiable hereunder (or for which advancement is provided hereunder) if and to the extent that Indemnitee has otherwise actually received payment for such amounts under any insurance policy, contract, agreement or otherwise.