Punitive or exemplary damages definition

Punitive or exemplary damages means all damages that may be awarded, other than compensatory damages, to:

Punitive or exemplary damages means sums awarded by a court of competent jurisdiction against the named insured as a punishment or deterrent.

Punitive or exemplary damages means damages assessed to punish a person or to deter the person and others from committing willful acts, wanton acts, intentional acts, or conduct that one knows will create a substantial risk of significant harm to others.

Examples of Punitive or exemplary damages in a sentence

• Punitive or exemplary damages are not recoverable from a defendant in question in a tort action.

• Punitive or exemplary damages in an amount not to exceed $50,000.

• Punitive or exemplary damages are recoverable from a defendant in question in a tort action irrespective of whether the plaintiff in question has adduced proof of actual damages.

• Punitive or exemplary damages awarded or paid in connection with the Federal cause of action specified in section 107(a)(1) of the Act.

• Punitive or exemplary damages awarded in tort actions are similar in nature to fines and additional court costs imposed in criminal actions, because punitive or exemplary damages, fines, and additional court costs are designed to punish a tortfeasor for certain wrongful actions or omissions.

More Definitions of Punitive or exemplary damages

Punitive or exemplary damages means damages which are awarded to punish or deter wrongful conduct, to set an example, to fine, penalize or impose a statutory penalty, and damages which are awarded for any purpose other than as compensatory damages for bodily injury or property damage.

Punitive or exemplary damages means any extra or additional sum of money that a court may award as a means of punishing a person for conduct that has been determined to be oppressive, fraudulent, malicious, and /or awarded for the sake of making an example of a person, or any conduct that results in such an award based on any state statute or ordinance.

Punitive or exemplary damages means monies ordered to be paid as punitive or exemplary damages pursuant to a judgment of a New Zealand court in respect of a common law action brought by an Employee against the Insured in relation to Personal Injury.

Punitive or exemplary damages means awards that may be imposed to punish a wrongdoer of wanton, reckless, malicious, or oppressive actions, and such other damages that are intended to deter or discourage other similar conduct or behavior.

Punitive or exemplary damages means damages that punish the person they are awarded against, as well as compensate the person they are awarded to.

Punitive or exemplary damages means all damages (other than compensatory damages) awarded to:

Punitive or exemplary damages means punitive or exemplary damages, but does not include such damages imposed on account of intentional, willful or wanton conduct or egregious disregard for the life or health of persons, civil or criminal fines or penalties imposed by any federal, state or local governmental body or authority. However, if such damages are imposed on account of intentional, willful or wanton conduct or egregious disregard for the life or health of persons, then such dam- ages shall be covered by the Policy but only such damages as are assessed directly against the “Named Insured” resulting from the acts of employees acting on their own without the knowledge of or direction from the “Named Insured”.