ATE Insurance definition

ATE Insurance means the contract of after-the-event insurance between you and the ATE Insurer to cover certain liabilities of yours in respect of the Claim, including Adverse Costs and certain Expenses;

ATE Insurance means an after-the-event insurance policy in relation to the Action, the Action Costs and/or the Adverse Costs, which in the Funder’s absolute discretion is on terms satisfactory to the Funder.

ATE Insurance means a contract of insurance taken out on the Client's behalf to cover certain liabilities of the Client in respect of the Claim, including the Adverse Costs and certain Disbursements.

Examples of ATE Insurance in a sentence

• In the event that you do not have ATE Insurance or Legal Expenses Insurance cover to protect you against this risk then we will discuss with you whether the potential outcomes of your matter justify the expense or risk involved including the risk of having to pay the costs of another party.

• The premium for ATE Insurance (before GST and stamp duty) is customarily between 25% and 45% of the likely quantum of Adverse Costs.

• The Funder may procure ATE Insurance for the benefit of, and at a cost to, the Scheme.

• If the Funder ceases to be a party to the Scheme and is personally liable to pay the premium of ATE Insurance not yet paid to the insurer, the Funder would endeavour to convey the policy and responsibility for that payment to a nominee of the Lawyers, and failing that the Funder may cancel the policy.

• The Group employs in total 20,719 people of which 520 people, refer to discontinued operations (ATE Insurance S.A., ATE Insurance Romania S.A. and Piraeus Bank Cyprus LTD group of companies).

• Moreover, even if a Conditional Fee Agreement (CFA) / After the Event (ATE) Insurance could be found, neither would cover the cost of interpreting and other essential disbursements.

• The ATE Insurance provides cover for you in respect of Adverse Costs.

• The Firm will provide an indemnity to the Client in respect of such Adverse Costs, which will be backed by an ATE Insurance which will provide cover to the Firm in respect of the Adverse Costs.

• A lien may be applied after this CF Agreement ends.9. ATE insurance 9.1. The Client hereby grants authority to the Firm to enter into an ATE Insurance policy with the ATE Insurer on the Client's behalf for the purposes of meeting the Client's liability for certain amounts the Client may be liable to pay in connection with the Claim, including any Adverse Costs where the Client Loses the Claim.

• The Firm shall have no interest in the ATE Insurance policy.9.2. The Firm will pay for any insurance premium for which the Client is immediately liable.

More Definitions of ATE Insurance

ATE Insurance means any contract of insurance between you and

ATE Insurance means a contract of insurance between you and the ATE Insurer to cover certain liabilities of yours in respect of the Claim, including Adverse Costs and certai n Expenses;

ATE Insurance means the contract of After the Event insurance between You and the ATE Insurer to cover costs You may become liable for in respect of the Claim, including Adverse Costs and certain Expenses.

ATE Insurance means the contract of after-the-event insurance between you and the ATE Insurer to cover certain liabilities of yours in respect of the Claim, including Adverse Costs and certain Expenses "ATE Insurer" means such provider of after-the-event insurance approved by us and the Investor "Claim" means your claim against the Defendant

ATE Insurance means After The Event legal expenses insurance which covers the potential liability for other side’s costs if a case is discontinued or lost;