Defence Costs definition

Defence Costs means any and all legal costs and expenses which are reasonably and necessarily incurred with the prior written consent of the Insurer (not to be unreasonably withheld) in the investigation or defence of any Claim which is covered under this Policy.

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Defence Costs means the expenses incurred by or on behalf of the Insured or the Company in the investigation or settlement or defence of a Claim and shall include legal costs and disbursements.

Defence Costs means reasonable fees, costs and expenses incurred by or on behalf of the Insured in the investigation, defence, adjustment, settlement or appeal of any Claim. “Defence Costs” shall not mean any internal or overhead expenses of any Insured or the cost of any Insured’s time.

Examples of Defence Costs in a sentence

• Notwithstanding part (d) of Exclusion 4.5 (Contractual Liability), the Underwriters will pay on behalf of the Insured for the Damages and Defence Costs resulting from any Claim arising from the delay in the provision of Professional Business Services, but only if such delay or failure arises directly from an act, error or omission committed or omitted by the Insured in providing the Professional Business Services.

• The Underwriters will pay on behalf of the Insured for the Damages and Defence Costs resulting from any Claim made against the Insured for libel, slander or defamation by the Insured committed in the conduct of the Professional Business Services.

• The Underwriters will indemnify the Insured for the Damages and Defence Costs resulting from any Claim under the terms of the Consumer Protection (Fair Trading) Act 2009 (Singapore) or any similar fair trading legislation.

• The Underwriters will pay on behalf of the Insured for the Damages and Defence Costs resulting from any Claim made against the Insured arising from any act, error or omission committed or alleged to have been committed by any consultant, sub-contractor, agent or person acting on behalf of the Insured in accordance with a written contract in respect of the Professional Business Services.

• In addition to the applicable Sublimit of Liability, Defence Costs are payable under this Automatic Extension 2.7 in an amount up to SGD100,000.

More Definitions of Defence Costs

Defence Costs mean legal costs and disbursements and investigative and related expenses reasonably and necessarily incurred with the consent of the Insurer in relation to a Claim including without limitation the costs of:—

Defence Costs means reasonable costs and expenses incurred by the Insured with Underwriters’ prior consent in the investigation, negotiation, meditation or defence or settlement of any Claim made against the Insured or the investigation of any circumstances of which the Insured shall become aware which might reasonably be expected to give rise to a Claim being made against the Insured, providing such Claims are indemnifiable under this Policy.

Defence Costs means reasonable costs and expenses incurred by the Insured with Underwriters’ prior consent in the investigation, defence or settlement of any claim made or which might be made against the Insured, including

Defence Costs means reasonable costs, charges, fees and expenses (including but not limited to lawyers’ fees, investigators’ fees and experts’ fees) incurred with the prior written consent of Lumley.

Defence Costs means costs incurred by the Insurer or the Named Insured in defending or settling a Claim, including legal fees and disbursements of counsel appointed by the Insurer; the fees and disbursements of experts, appraisers and witnesses; costs of alternative dispute resolution; and adjuster’s fees incurred on the instructions of counsel in defending or settling a Claim.

Defence Costs means the necessary and reasonable costs of investigating, defending, adjusting, settling or appealing any Claim made against You and incurred by You or on Your behalf.

Defence Costs means the costs incurred by the Insurer, or the reasonable costs incurred by the Insured with the Insurer’s prior written consent, in the investigation, defence, reporting or negotiation for settlement of any Claim indemnified by the Policy.