Common use of PCI Fines, Expenses and Costs Clause in Contracts

PCI Fines, Expenses and Costs. To indemnify the Insured for PCI Fines, Expenses and Costs, in excess of the Retention, which the Insured shall become legally obligated to pay because of a Claim first made against any Insured during the Policy Period or Optional Extension Period (if applicable) and reported in writing to the Underwriters during the Policy Period or as otherwise provided in Clause X. of this Policy. Coverage under this Insuring Agreement is sublimited to the amount set forth Item 3.A.3. of the Declarations, and the Underwriters shall have no duty to defend any Claim or pay Claims Expenses with respect to any Claim under this Insuring Agreement.

Appears in 3 contracts

Samples: Insurance Policy, Insurance Policy, Insurance Policy

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PCI Fines, Expenses and Costs. To indemnify the Insured for PCI Fines, Expenses and Costs, in excess of the Retention, which the Insured shall become legally obligated to pay because of a Claim first made against any Insured during the Policy Period or Optional Extension Period (if applicable) and reported in writing to the Underwriters during the Policy Period or as otherwise provided in Clause X. of this Policy. Coverage under this Insuring Agreement is sublimited to the amount set forth Item 3.A.3. 4.D. of the Declarations, and the Underwriters shall have no duty to defend any Claim or pay Claims Expenses with respect to any Claim under this Insuring Agreement.

Appears in 1 contract

Samples: Insurance Policy

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PCI Fines, Expenses and Costs. To indemnify the Insured for PCI Fines, Expenses and Costs, in excess of the Retention, which the Insured shall become legally obligated to pay because of a Claim first made against any Insured during the Policy Period or Optional Extension Period (if applicable) and reported in writing to the Underwriters during the Policy Period or as otherwise provided in Clause X. of this Policy. Coverage under this Insuring Agreement is sublimited to the amount set forth Item 3.A.3. 3.E. of the Declarations, and the Underwriters shall have no duty to defend any Claim or pay Claims Expenses with respect to any Claim under this Insuring Agreement.

Appears in 1 contract

Samples: Contract for Services

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