Claim Costs definition

Claim Costs means any and all losses, damages, costs, penalties and expenses arising from or related to a Claim, including actual legal (on a solicitor and his own client basis), accounting and expert costs and expenses incurred in the investigation, defence or settlement of a Claim;

Claim Costs means the amounts paid out by the insurer to or on behalf of a claimant in relation to a claim or the legal costs (including disbursements) of the claimant relating to the claim as the result of the final settlement or verdict in relation to a claim (not the insurers general administration costs).

Claim Costs shall have the meaning set forth in Section 5.1(a)(ii).

Examples of Claim Costs in a sentence

• Unproven Mining Claim Costs Cost of acquisition, exploration, carrying and retaining unproven properties are expensed as incurred.

• Class E Employers pay for the costs of the workers compensation system based on their payroll and Claim Costs Experience.

• If an action is brought or threatened against Buyer claiming that Buyer’s use, as permitted herein, of the Licensed Technology within the Territory infringes any Intellectual Property arising or existing under Applicable Law, Supplier shall defend, indemnify and hold harmless Buyer, its Affiliates, and their Representatives and assigns at Supplier’s expense from and against any and all Infringement Claim Costs of Buyer to the extent arising from such action or claim.

• If an action is brought or threatened against Supplier claiming that any condition or event described in Section 15.2(c) results in an infringement upon any Intellectual Property within the Territory arising or existing under Applicable Law, Buyer shall defend, indemnify and hold harmless the Supplier Indemnified Parties at Buyer’s expense from and against any and all Infringement Claim Costs of Supplier to the extent arising from such action or claim.

• This policy provides a framework for the removal of claim costs from a Class E Employer's Claim Costs Experience and assigning them to a collective cost pool (Cost Relief) and for the transfer of claim costs from a Class E Employer to another employer in Classes A to E (Cost Transfer).

More Definitions of Claim Costs

Claim Costs means any and all losses, damages, costs, penalties and expenses arising from or related to a Claim, including actual legal, accounting and expert costs and expenses incurred in the investigation, defence or settlement of a Claim.

Claim Costs means all benefits, including disability payments, medical services, vocational costs (except self-employment), claim disposition agreements in accordance with ORS 656.236, disputed claim settlements in accordance with ORS 656.289, administrative costs, as well as attorney fees awarded to the worker or the worker's beneficiaries.

Claim Costs means Costs and expenses

Claim Costs means all reasonable and documented out-of-pocket costs and expenses (including but not limited to any benefit payments, allocable administrative costs and reasonable and documented attorneys’ fees and costs of the type customarily incurred by Remainco in the ordinary course of business consistent with its administration of workers compensation claims for Remainco employees) incurred by Remainco or any member of the Remainco Group in connection with the Spinco Employee Pre-Closing WC Claims.

Claim Costs means the amounts paid out by the insurer to or on behalf of an applicant or a claimant in relation to an application and / or claim or the costs (including disbursements and legal expenses) relating to the application and / or claim as the result of defined benefits, common law settlement or verdict (not the insurers general administration costs).

Claim Costs means for purposes of the Deed “costs of an insurer on a claim”. Clauses 5 and 6 of the statutory deed are at the centre of the current dispute; they provide, so far as is relevant:

Claim Costs has the meaning set forth in Section 4.3(a).