Defense expense definition

Defense expense means payments allocated to a specific "claim" for its investigation, settlement, or defense, including:
Sample 1Sample 2Sample 3
Defense expense means payments allocated to the investigation or settlement of a specific claim or the defense of the insured against a specific suit, including:
Sample 1Sample 2Sample 3
Defense expense. The expense thus incurred by the Reinsurer shall be chargeable, subject to court approval, against the insolvent Company as part of the expense of liquidation to the extent of a proportionate share of the benefit which may accrue to the Company solely as a result of the defense undertaken by the Reinsurer.
Sample 1

Examples of Defense expense in a sentence

  • Limits of Liability: (inclusive of DEFENSE EXPENSE): $1,000,000 each WRONGFUL ACT or series of continuous, -------------- repeated or interrelated WRONGFUL ACTS $3,000,000 aggregate -------------- Item 4.


More Definitions of Defense expense

Defense expense means all of the following:
Sample 1
Defense expense means fees charged by (an) attorney so designated, in writing, by us and all other fees, costs and expenses resulting from the investigation, adjustment, defense and appeal of a claim, “suit’ or proceeding arising in connection therewith, if incurred by us or by an Insured with our written consent.
Sample 1
Defense expense means fees charged by (an) attorney(s) designated or approved in writing by us and all other fees, costs, and expenses resulting from the investigation, ad-
Sample 1
Defense expense means necessary and reasonable legal fees, costs and expens- es incurred by you as a result of an inves- tigation, defense and appeal of a "civil suit". "Defense expenses" shall not in- clude your remuneration or overhead ex- penses.
Sample 1
Defense expense means reasonable and necessary legal fees and expenses incurred by us or by any attorney chosen by us to defend you and all other fees, costs, costs of attachment or similar bonds resulting from the investigation, adjustment, defense and appeal of a Claim. We have no obligation to apply for or furnish such bonds. Defense Expense does not include your salaries, wages, overhead or benefit expenses.
Sample 1
Defense expense means reasonable and necessary legal fees and expenses incurred in the defense of any “claim” or in association with the request for the payment of “corrective action costs” to which this insurance applies, including:
Sample 1

Related to Defense expense

  • Defense Costs has the meaning set forth in Section 13.

  • Extra Expense means expense or cost incurred (1) to continue the conduct of the Assured’s business,

  • Legal defense costs means any expenses that an insurer incurs in defending against claims of third parties brought under the terms and conditions of an insurance policy.

  • Defence Costs means the fees and expenses incurred by the Insured with Our prior written consent in defending, settling or investigating a claim covered by the Policy.

  • Allowable Expense means a necessary, reasonable and customary item of expense for health care, which is: • covered at least in part under one or more plans covering the person for whom the claim is made; and • incurred while this plan is in force. When a plan provides healthcare coverage in the form of services, the reasonable cash value of each service is considered as both an allowable expense and a benefit paid. Vision care services covered under other plans are not considered an allowable expense under this plan. PLAN means any of the following that provides benefits or services for medical, pharmacy, or dental care treatment. If separate contracts are used to provide coordinated coverage for members of a group, the separate contracts are considered parts of the same plan and there is no COB among those separate contracts.

  • Public expense means that the LEA either pays for the full cost of the evaluation or ensures that the evaluation is otherwise provided at no cost to you, consistent with the provisions of Part B of the IDEA, which allow each State to use whatever State, local, Federal and private sources of support are available in the State to meet the requirements of Part B of the Act.

  • Cure Costs means any and all amounts, costs or expenses that must be paid or actions that must be performed pursuant to Sections 365(b) and (f) of the Bankruptcy Code in connection with assignment and assumption of any Service Contract, as ultimately determined by the Bankruptcy Court.

  • Medical Expense means an expense incurred at the time a past member or his or her health reimbursement account dependent is furnished the medical care or service. To be considered a medical expense under this act, the expense shall meet all of the following conditions:

  • Common expense liability means the liability for common

  • Litigation Expense means any expenses reasonably incurred in connection with investigating, defending or asserting any claim, action, suit or proceeding incident to any matter indemnified against under this Agreement, including, without limitation, court filing fees, court costs, arbitration fees or costs, witness fees, and fees and disbursements of legal counsel, investigators, expert witnesses, accountants and other professionals.

  • Developed exclusively at private expense means development was accomplished entirely with costs charged to indirect cost pools, costs not allocated to a government contract, or any combination thereof.

  • Non-Recourse Parties has the meaning provided in Section 12.16.

  • Covered Expense means expense incurred only for the following:

  • Common expense means costs incurred by the association to exercise any of the powers provided for in the association's governing documents.

  • Defense shall include investigations of any threatened, pending or completed action, suit or proceeding as well as appeals thereof and shall also include any defensive assertion of a cross-claim or counterclaim;

  • Net After-Tax Benefit means the Present Value of a Payment net of all federal state and local income, employment and excise taxes imposed on Executive with respect thereto, determined by applying the highest marginal rate(s) applicable to an individual for Executive’s taxable year in which the Change in Control occurs.

  • Allowable Expenses means any Medically Necessary, Usual and Customary item of expense, at least a portion of which is covered under this Plan. When some Other Plan provides benefits in the form of services rather than cash payments, the reasonable cash value of each service rendered in the amount that would be payable in accordance with the terms of the Plan shall be deemed to be the benefit.