Compliance with Statutory Requirements. To the extent Chapter 127, Texas Civil Practice and Remedies Code applies in any instance, the Parties agree to support the mutual indemnification by liability insurance coverage furnished by the parties in equal amounts, and such indemnity obligations will be limited to the amount of equal insurance maintained by the parties.
Appears in 3 contracts
Sources: Turnkey Platform Decommissioning and Well Plugging and Abandonment Contract (Dynamic Offshore Resources, Inc.), Turnkey Platform Decommissioning and Well Plugging and Abandonment Contract (Dynamic Offshore Resources, Inc.), Turnkey Platform Decommissioning and Well Plugging and Abandonment Contract (Dynamic Offshore Resources, Inc.)