Common use of SUPPLEMENTARY PAYMENTS Clause in Contracts

SUPPLEMENTARY PAYMENTS. We will pay, with respect to any "claim" we adjust or "suit" we defend: a. All expenses we incur, up to $250,000. b. All costs taxed against you by the court in a "suit" except: (1) Governmental, civil or criminal fines or penalties, or (2) “Punitive damages” of any kind or nature. (3) Loss of income, loss of use, stigma, dimunition of property value or consequential damages. c. Pre-judgment interest awarded against the insured on that part of the judgment we pay the applicable limit of insurance, we will not pay any pre-judgment interest based on the period of time after the offer. d. All interest on the full amount of any judgment that accrues after entry of the judgment and before we have paid, offered to pay or deposited in court the part of the judgment that is within the applicable limit of insurance. e. Expenses incurred by the insured for first aid to others at the time of any “pollution incident" for "bodily injury" to which this insurance applies. These payments will not reduce the limits of insurance.

Appears in 4 contracts

Samples: Pollution Liability Insurance Policy, Pollution Liability Insurance Policy, Pollution Liability Insurance Policy

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SUPPLEMENTARY PAYMENTS. We will pay, with respect to any "claim" we adjust or "suit" we defend: a. All expenses we incur, up to $250,000. b. All costs taxed against you by the court in a "suit" except: (1) Governmental, civil or criminal fines fines, or penalties, or; (2) “Punitive damages” of any kind or nature.; or (3) Loss of income, loss of use, stigma, dimunition of property value value, or consequential damages. c. Pre-judgment interest awarded against the insured on that part of the judgment we pay the applicable limit of insurance, we will not pay any pre-judgment interest based on the period of time after the offer. d. All interest on the full amount of any judgment that accrues after entry of the judgment and before we have paid, offered to pay pay, or deposited in court the part of the judgment that is within the applicable limit of insurance. e. Expenses incurred by the insured for first aid to others at the time of any “pollution incidentrelease" for "bodily injury" to which this insurance applies. These payments will not reduce the limits of insurance.

Appears in 1 contract

Samples: Pollution Liability Insurance Policy

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