Consumer Redress Funds definition

Consumer Redress Funds means any sums of money “You” are legally required to deposit in a fund for the payment of consumers due to a settlement of, or an adverse judgment in, a “Regulatory Claim”.
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Consumer Redress Funds means money which an Insured is legally obligated to deposit into a fund for the payment of consumer claims due to an adverse judgment or settlement of a Regulatory Claim.
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Consumer Redress Funds means the amounts the Company is legally obligated to deposit into a fund, due to an adverse judgment or settlement of a Regulatory Proceeding, and constituting equitable relief for payment of consumer claims.
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Examples of Consumer Redress Funds in a sentence

  • The Insurer shall pay, on behalf of the Insureds, Defense Expenses, Consumer Redress Funds, and Penalties resulting from any Regulatory Proceeding for any actual or alleged violation of any Privacy Violation Law taking place after the applicable Retroactive Date listed in the Declarations, and which is first made against the Insureds during the Policy Period or the Discovery Period (if applicable) and reported to the Insurer in the time and manner required by this Policy.

  • Consumer Redress Funds are not subject to the Regulatory Sublimit, but are subject to the Policy Limit of Liability as well as any Sublimit applicable to INSURING AGREEMENT (A) or (B).

  • The applicable Retentions for Regulatory Action Defense Costs, Consumer Redress Funds and Regulatory Fines and the Each Regulatory Action Retention are also set forth below and such Retentions shall be borne by the Insured uninsured and at its own risk.

  • Consumer Redress Funds means any sums of money You are legally required to deposit in a fund for the payment of consumer claims due to a settlement of, or an adverse judgment in, a Regulatory Claim.

Related to Consumer Redress Funds

  • Consumer account means an account established primarily for personal, family, or household use.

  • Consumer report means any written, oral or other communication of any information by a consumer reporting agency bearing on your credit worthiness, credit standing, credit capacity, character, general reputation, personal characteristics, or mode of living which is used or expected to be used or collected in whole or in part for the purpose of serving as a factor in establishing your eligibility for employment purposes.

  • Consumer fireworks means fireworks devices that are designed to produce visible effects by combustion, that are required to comply with the construction, chemical composition, and labeling regulations promulgated by the United States consumer product safety commission under 16 CFR parts 1500 and 1507, and that are listed in APA standard 87-1, 3.1.2, 3.1.3, or 3.5. Consumer fireworks does not include low-impact fireworks.

  • Consumer customer means anyone acting outside their trade or profession in respect of the insurance cover requested or arranged.

  • COPPA means the Children’s Online Privacy Protection Act, 15 U.S.C. § 6501- 6505.

  • Consumer advocate means the consumer advocate referred to in Iowa Code chapter 475A.

  • Consumer loan means a loan to one or more individuals for household, family, or other personal expenditures. A consumer loan does not include a home mortgage, small business, or small farm loan. Consumer loans include the following categories of loans:

  • Post-consumer recovered material means any product used by a consumer, including a business that purchases the material, that has served its intended end use, and that has been separated or diverted from the solid waste stream for the purpose of use, reuse, or recycling.

  • Investigative consumer report means a consumer report or portion thereof in which information about a natural person's character, general reputation, personal characteristics, or mode of living is obtained through personal interviews with the person's neighbors, friends, associates, acquaintances, or others who may have knowledge concerning such items of information.

  • Detroit consumer price index means the most comprehensive index of consumer prices available for the Detroit area from the United States department of labor, bureau of labor statistics.

  • consumer dispute means a dispute where the person against whom a complaint has been made, denies or disputes the allegations contained in the complaint;

  • Public Finance Management Act ’ means the Public Finance Management Act, 1999 (Act No. 1 of 1999);

  • Consumer Loans means Loans to individuals for household, family and other personal expenditures (including United States and/or State-guaranteed student loans and extensions of credit pursuant to a credit card plan or debit card plan).

  • Consumer product means a chemically formulated product used by household and institutional consumers including, but not limited to, detergents; cleaning compounds; polishes; floor finishes; cosmetics; personal care products; home, lawn, and garden products; disinfectants; sanitizers; aerosol paints; and automotive specialty products; but does not include other paint products, furniture coatings, or architectural coatings. As used in this article, the term “consumer product” shall also refer to aerosol adhesives, including aerosol adhesives used for consumer, industrial, and commercial uses.

  • Post-Consumer Waste means any product generated by a business or consumer which has served its intended end use, and which has been separated or diverted from solid waste for the purpose of recycling into a usable commodity or product, and which does not include post-industrial waste.

  • Consumer reporting agency means any person that, for monetary fees, dues, or on a cooperative nonprofit basis, regularly engages in whole or in part in the practice of assembling or evaluating consumer credit information or other information concerning consumers for the purpose of furnishing consumer credit reports to third parties.

  • Post-consumer material means a material or finished product that has served its intended use and has been discarded for disposal or recovery, having completed its life as a consumer item. Post consumer material is a part of the broader category of "recycled content."

  • Consumer credit means credit offered or extended to a consumer primarily for personal, family, or household purposes.

  • Consumer transaction means a transaction in which (i) an individual incurs an obligation primarily for personal, family, or household purposes, (ii) a security interest secures the obligation, and (iii) the collateral is held or acquired primarily for personal, family, or household purposes. The term includes consumer-goods transactions.

  • Related Consumer Action means a private action by or on behalf of one or more consumers or an enforcement action by another governmental agency brought against Respondent based on substantially the same facts as described in Section IV of this Consent Order.

  • Consumer Contract means an agreement between the Retailer and the Consumer that includes the supply of electricity and distribution services;

  • Postconsumer waste means a finished material that would normally be

  • the We Love Manchester Emergency Fund means the registered charity of that name (number 1173260) established on 30th May 2017;

  • Plain Old Telephone Service (POTS) means telephone service for the transmission of human speech.

  • Consumer credit transaction means a consumer credit sale or consumer loan, or a refinancing or consolidation thereof, or a consumer lease, or a consumer rental purchase agreement.

  • Consumer Price Index means the Consumer Price Index for