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Common use of Proportionate liability for Defence Costs Clause in Contracts

Proportionate liability for Defence Costs. The Insurance may provide that liability for Defence Costs in relation to a Claim that exceeds the Amount Insured is limited to the proportion of such Defence Costs that the Amount Insured bears to the total amount paid or payable to dispose of that Claim.

Appears in 11 contracts

Samples: Participating Insurers Agreement, Participating Insurers Agreement, Participating Insurers Agreement