Common use of Indemnifying Party to be reimbursed Clause in Contracts

Indemnifying Party to be reimbursed. If the Indemnified Party recovers from any third party any amount to which a payment made by the Indemnifying Party to the Indemnified Party under this Agreement relates, the Indemnified Party must procure that the amount so recovered by the Indemnified Party (net of the cost of recovery, but not exceeding the amount paid by the Indemnifying Party) will be reimbursed without delay to the Indemnifying Party.

Appears in 67 contracts

Sources: Distributor Agreement, Distributor Agreement, Distributor Agreement

Indemnifying Party to be reimbursed. If the Indemnified Party recovers from any third party any amount to which a payment made by the Indemnifying Party to the Indemnified Party under this Agreement agreement relates, the Indemnified Party must procure that the amount so recovered by the Indemnified Party (net of the cost of recovery, but not exceeding the amount paid by the Indemnifying Party) will be reimbursed without delay to the Indemnifying Party.

Appears in 2 contracts

Sources: Use of System Agreement, Use of System Agreement