Data restoration costs definition

Data restoration costs means the costs of an outside professional firm hired by you to replace electronic data that has been lost or corrupted. In order to be considered “data restoration costs”, such replacement must be from one or more electronic sources with the same or similar functionality to the data that has been lost or corrupted.
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Data restoration costs means reasonable fees, costs and expenses for the restoration and/or replacement of data and/or programs that have been lost, erased corrupted or encrypted by a Cyber Event or Data Liability Event and costs to prevent or minimise any further damage and preserve material evidence of civil, criminal or malicious wrongdoings. These costs include the cost of purchasing replacement licenses for programs where necessary.
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Data restoration costs means the reasonable amounts incurred or paid by an Insured Entity, with the
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Examples of Data restoration costs in a sentence

  • Indemnify you for Data restoration costs that exceeds the applicable retention incurred by you as a result of an Operational Error first occurring on or after the retroactive date and first discovered by you and reported to us in writing during the policy period or in according with Section V.10 of this Policy if applicable.


More Definitions of Data restoration costs

Data restoration costs means the costs of an outside professional firm hired by you to replace electronic data that has been lost or corrupted. In order to be considered “data restoration costs”, such
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Data restoration costs. Means the reasonable fees, costs, and expenses incurred by you for the recovery, restoration, input, configuration and/or replacement of your data assets that have been corrupted, erased, encrypted, damaged or destroyed. Data restoration costs do not include:
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Data restoration costs means the costs of an outside professional firm hired by you to replace
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Data restoration costs means the reasonable and necessary expenses incurred by the Named Insured, with the Company’s prior written consent, to restore any Data Assets to their previous condition following a covered Data Assets Breach, including Crisis Management Costs, costs of a third party forensic investigator to determine the scope of the Security System’s failure; fees of a law firm solely to determine the Named Insured’s indemnification rights under a written contract with any independent contractor or third party vendor that may be legally responsible for the Data Assets Breach; and costs to restore electronically formatted Data Assets maintained by or on behalf of the Named Insured from written records or from backups where such Data Assets were harmed or corrupted in a covered Data Assets Breach. If the Named Insured determines that Data Assets cannot be restored, reconstructed or replaced, Data Restoration Costs shall be limited to the reasonable and necessary expenses incurred to reach that determination.Data Restoration Costs shall not include any non-electronically-formatted Security System’s restoration costs; the costs to restore, update, replace or improve Data Assets or electronically-formatted Security Systems to any greater level than that which existed prior to the Data Assets Breach; the economic or market value of any Data Asset, including trade secrets; salaries, wages, fees, compensation, overhead or benefit expenses accruing to any Insured; and any Claim, Claim Expenses or any third party Damages.
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Related to Data restoration costs

  • Construction Costs means land costs, all costs paid to construct and complete the Improvements, as specified on Exhibit "B" attached hereto and made a part hereof.

  • Construction Cost means and includes the cost of the entire construction of the Project, including all supervision, materials, supplies, labor, tools, equipment, transportation and/or other facilities furnished, used or consumed, without deduction on account of penalties, liquidated damages or other amounts withheld from payment to the contractor or contractors, but such cost shall not include the Consulting Engineer/Architect's fee, or other payments to the Consulting Engineer/Architect and shall not include cost of land or Rights-of-Way and Easement acquisition.

  • Soft Costs means the costs of professional work and fees, interim costs, financing fees and expenses, syndication costs, soft costs and Developer’s fees as shown in the Applicant’s properly completed UniApp, Section C - Uses of Funds. Soft Costs do not include operating or replacement reserves.

  • Basic generation service transition costs means the amount by

  • FOR Destination costs means the cost of equipment and material at the consignee’s stores. The cost is exclusive of Excise duty, Sales Tax and other Local Taxes, but is inclusive of packing, forwarding and insurance and freight charges.

  • Formation Cost means preliminary expenses relating to regulatory and registration fees of the Scheme, flotation expenses of the Scheme, expenses relating to authorization of the Scheme, execution and registration of the Constitutive Documents, legal costs, printing, circulation and publication of this Offering Document, announcements describing the Scheme and all other expenses incurred until the end of the Initial Period.

  • Cleanup costs means expenses (including but not limited to legal and professional fees) incurred in testing for, monitoring, cleaning up, removing, containing, treating, neutralizing, detoxifying or assessing the effects of Pollutants.