Defense Expenses definition

Defense Expenses means reasonable and necessary fees, costs, charges or expenses resulting from the investigation, defense or appeal of a Claim or a Proceeding. Defense Expenses do not include: (a) amounts incurred prior to the date a Claim is first made, or aProceeding is first brought, and reported to the Insurer; (b) compensation or benefits of any natural person Insured or any overhead expenses of any Insured organization; (c) fines or penalties; or (d) any costs, fees or expenses to comply with a determination or decision made by a regulatory body, licensing board, agency or other organization in a Proceeding.
Defense Expenses means any payment allocated to a specific loss, "claim" or "suit" for its investigation, settlement or defense, including but not limited to:
Defense Expenses means reasonable costs, charges, fees (including but not limited to attorneys’ fees and experts’ fees) and expenses incurred in defending any Claim and the premium for appeal, attachment or similar bonds. Defense Expenses does not include any remuneration, salaries, wages, fees, overhead or benefit expenses of any Insured.

Examples of Defense Expenses in a sentence

  • If any Claim made against an Insured gives rise to coverage both under this Policy and under any other policy(ies) issued by the Insurer, the Insurer’s maximum aggregate liability under this Policy and all such policies, combined, for all Loss, including Defense Expenses, in respect of such Claim shall not exceed the largest single available Limit of Liability under any such policy(ies), including this Policy.

  • Defense Expenses are part of and not in addition to the Aggregate Limit of Liability and any applicable Sublimit, and payment of Defense Expenses by the Insurer will reduce the Aggregate Limit of Liability and any applicable Sublimit.


More Definitions of Defense Expenses

Defense Expenses means:
Defense Expenses means reasonable and necessary fees, costs and expenses, incurred by the Company, or by the Insured with the Company’s written consent, that result directly from the investigation, defense, settlement or appeal of a specific Claim, provided that Defense Expenses do not include any payments made pursuant to section II. SUPPLEMENTARY PAYMENTS of the Professional Liability Coverage.
Defense Expenses means reasonable fees and expenses (including without limitation attorneys’ fees and experts’ fees) incurred in the investigation, defense or appeal of a Claim, or the opposition or revocation of an Extradition or any judicial ruling related thereto, after notice of such Claim is given to the Insurer pursuant to Section IV. NOTICE AND CLAIM REPORTING PROVISIONS, of these General Terms and Conditions, including premiums for any appeal bond, attachment bond or similar bond arising out of a covered judgment, but without any obligation to apply for or furnish any such bond. Defense Expenses shall not include the Entity’s overhead expenses or any salaries, wages, fees or benefits of its directors, officers or Employees.
Defense Expenses means reasonable and necessary fees and expenses (including without limitation attorneys' fees and experts' fees) incurred in the defense or appeal of a Claim after notice of such Claim is given to the Insurer pursuant to subsection 5. of this coverage section. Defense Expenses shall not include the Entity's overhead expenses or any salaries, wages, fees or benefits of its directors, officers or Employees.
Defense Expenses means reasonable and necessary legal fees and expenses incurred by the Company or the Insured, with the Company’s consent, in the investigation, defense, settlement and appeal of a Claim, including but not limited to, cost of expert consultants and witnesses, premiums for appeal, injunction, attachment or supersedeas bonds (without the obligation to furnish such bonds) regarding such Claim; provided, that Defense Expenses will not include the salaries, wages, benefits or overhead of, or paid to, any Insured or any employee of such Insured.
Defense Expenses means reasonable costs, charges, fees (including but not limited to attorneys’ fees and experts’ fees) and expenses incurred in defending any Claim,including the cost of E-Discovery Consultant Services, and the premium for appeal, attachment or similar bonds. Defense Expenses does not include any remuneration, salaries, wages, fees, overhead or benefit expenses of any Insured.
Defense Expenses means reasonable legal fees and expenses incurred by or on behalf of the Insured in the defense or appeal of a Claim; provided, however, that Defense Expenses will not include the Insured’s overhead expenses or any salaries, wages, fees, or benefits of its Employees. Defense Expenses shall include the cost of any bond or appeal bond required in any civil suit, but only for bond amounts within the applicable Limit of Liability shown in ITEM 3 of the Declarations; provided that the Insurer shall not be obligated to apply for or furnish any such bond.