Betterment Costs definition

Betterment Costs. Means the reasonable costs incurred and paid by the Insured, with the Insurer’s written consent, for hardware or software to improve a Computer System after a Security Breach, if:
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Examples of Betterment Costs in a sentence

  • The Insurer will reimburse the Insured for Betterment Costs, following a Security Breach that is Discovered during the Policy Period.

  • The relative contributions of the State, the Landlord and the prior tenant to the Initial Acquisition and Betterment Costs and the relative contributions of the Landlord and the prior tenant to the Initial Acquisition and Betterment Costs are set forth in Exhibit B and Exhibit C of the Ground Lease, respectively.

  • If Tenant makes capital contributions to Subsequent Betterment Costs of the Premises, such contributions will be taken into account as provided in Section 4.02 of the Grant Agreement.

  • In the event that those Betterment Costs exceed STATE Costs for said design engineering and construction, STATE will pay those Costs, after offset of STATE incurred Costs, to AUTHORITY, as provided in Article 9 herein below by separate invoiced payment.