Common use of Mitigation of Losses Clause in Contracts

Mitigation of Losses. A Party must take such action as is reasonably required to mitigate any loss or damage to it for which indemnity may be claimed under this Agreement or otherwise.

Appears in 5 contracts

Sources: Reference Service Agreement, Reference Service Agreement, Reference Service Agreement

Mitigation of Losses. A Party and the Indemnifier must take such action as is reasonably required to mitigate any loss or damage to it for which indemnity may be claimed under this Agreement Contract or otherwise.

Appears in 4 contracts

Sources: Electricity Transfer Access Contract, Electricity Transfer Access Contract, Electricity Transfer Access Contract

Mitigation of Losses. A Party Party* and the Indemnifier* must take such action as is reasonably required to mitigate any loss or damage to it for which indemnity may be claimed under this Agreement Contract* or otherwise.

Appears in 4 contracts

Sources: Electricity Transfer Access Contract, Electricity Transfer Access Contract, Electricity Transfer Access Contract

Mitigation of Losses. A Party must take such action as is reasonably required to mitigate any loss or damage to it for which indemnity may be claimed under this Agreement Contract or otherwise.

Appears in 2 contracts

Sources: Access Contract, Access Contract