Examples of Defense Expenses in a sentence
However, the Underwriter shall not seek repayment from an Insured Person of advanced Defense Expenses unless there has been a final, non-appealable adjudication against such Insured Person.
The Underwriter’s maximum liability under this Section II.A for all covered Voluntary Settlements and Defense Expenses, combined, shall be the Voluntary Settlement Program Costs Sublimit of Liability set forth in ITEM 8 of the Declarations.
The Underwriter shall pay on behalf of the Insureds any Voluntary Settlement and Defense Expenses which the Insureds become legally obligated to pay resulting from a Voluntary Settlement Program Notice first given to the Underwriter during the Policy Period, provided such Voluntary Settlement and Defense Expenses are incurred after such Voluntary Settlement Program Notice is first given to the Underwriter.
The Insureds agree not to admit any liability for any Claim, offer to settle or settle any Claim, incur any Defense Expenses or otherwise assume any contractual obligation, without the Underwriter’s prior written consent, such consent shall not be unreasonably withheld.
The Insureds severally, according to their respective interests, agree to repay to the Underwriter any Defense Expenses advanced by the Underwriter in the event and to the extent that it is established such Insureds are not entitled under the terms of this Policy to payment of such Defense Expenses.