Examples of Derivative Demand Investigation Costs in a sentence
The Insurer will pay all covered Defence Costs, Investigation Costs, Regulatory Crisis Event Costs, Extradition Costs, Prosecution Costs, Assets and Liberty Defence Costs, Assets and Liberty Expenses, and Derivative Demand Investigation Costs, Tax Liability, within fifteen (15) days of the Insurer receiving sufficiently detailed invoices and supporting documents for those costs.
It is important to highlight to stakeholders that projects have common aims for all involved.
Coverage D: Derivative Demand Investigation Costs Coverage The Insurer shall pay Investigation Costs up to the amount of the Derivative Demand Investigation Sub-Limit of Liability set forth in Item 3(b) of the Directors & Officers and Corporate Securities Liability Coverage Section Declarations incurred by a Company solely in response to a Derivative Demand first made and reported to the Insurer during the Policy Period.
The amount shown in Item 5.c of the Declarations shall be the maximum aggregate Sublimit of Liability under the Policy for all Derivative Demand Investigation Costs arising from all Shareholder Derivative Demands under Coverage IE.
No Retention applies to Non-Indemnifiable Loss, Crisis Costs, Derivative Demand Investigation Costs or Compliance Program Costs.
The Company will pay on behalf of the Insured Entity any Securityholder Derivative Demand Investigation Costs the Insured Entity becomes legally obligated to pay as a result of a Securi- tyholder Derivative Demand first received by the Insured Entity during the Policy Pe-riod or Discovery Period, if applicable, for a Wrongful Act, subject to a $250,000 aggregate sublimit of liability.
Proposal packages will be opened by Randall Stapp and the names of all Firms who submitted Proposals will be released upon request.
Regardless, the Court finds Company Coverage and Company Reimbursement Coverage are not implicated because no claim was made during the policy period, and the Adverse Mediate Event Coverage and Derivative Demand Investigation Costs Coverage are not applicable because the Enslein Lawsuit does not involve an adverse media event or derivative demand.
The Insurer shall pay on behalf of the Insured Organization, Derivative Demand Investigation Costs on account of a Shareholder Derivative Demand, first made during the Policy Period or the Extended Reporting Period (if applicable) and reported to the Insurer pursuant to the terms of this Policy.
No Retention amount shall apply to (i) Non-Indemnifiable Loss; or (ii) Derivative Demand Investigation Costs.