Extortion Expenses definition

Extortion Expenses means the reasonable and necessary expenses incurred by the “Insured”, with the prior consent of the Company, that are directly attributable to a “Cyber Extortion Threat”.
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Extortion Expenses means reasonable and necessary expenses, including virtual, digital, and electronic currency, incurred by the Company, with the Company’s prior consent, which result directly from a Security Threat or Privacy Threat, for the purposes of resolving the Security Threat or Privacy Threat.
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Extortion Expenses means reasonable and necessary expenses incurred by the Insured, with the Insurer's prior consent, resulting directly from a Security Threat or Privacy Threat and that are expended solely for the purposes of resolving the Security Threat or Privacy Threat.
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Examples of Extortion Expenses in a sentence

  • The Insurer shall reimburse, or pay on behalf of the Insured Organisation, Cyber Extortion Expenses, resulting from a Cyber Extortion Threat, Discovered during the Period of Insurance.

  • All Damages, Claims Expenses, Data Breach Expenses, and Extortion Expenses resulting from a single Claim shall be deemed, respectively, a single Damage, Claims Expense, Data Breach Expense, or Extortion Expense.

  • If within the Operative Time an Insured Person is kidnapped or allegedly kidnapped during an Insured Journey outside of their Country of Permanent Residence the Company shall indemnify the Insured for the benefit of the Insured Person for any Kidnap or Extortion Expenses up to the Sum Insured per Insured Journey shown in the Business Travel Specification subject to the Limit for Kidnap or Extortion Consultants’ Costs shown in the Insuring Agreement.

  • The Insurer shall pay, on behalf of the Insureds, Extortion Expenses resulting from any Security Threat or Privacy Threat which is first made against the Insureds during the Policy Period and reported to the Insurer in the time and manner required by this Policy.

  • Cyber Extortion Expenses – Vendor or Vendor Insurer to pay all necessary costs and ransom fees for any cyber extortion.b. Legal Expenses - if our clients suffer a loss after a data breach, they may have grounds or legal action against the vendor.c. Notifying Clients – notify each client whose information may have been compromised.d. Credit monitoring services - offer clients credit monitoring services for a term of (1) one year thru a leading credit monitoring service.

  • The most we will pay under Computer Attack for Loss of Business, Public Relations and Cyber Extortion Expenses coverages for “loss” arising from any one “computer attack” is the applicable sublimit for each of those coverages shown in the Cyber Suite Supplemental Declarations.

  • The Insurer shall pay, on behalf of the Insureds, Extortion Expenses resulting from an Extortion Event taking place prior to the end of the Policy Period or the Discovery Period (if applicable) and which is reported to the Insurer in the time and manner required by this Policy.

  • If the applicable Limit of Liability is exhausted by payment of Damages, Claims Expenses, Data Breach Expenses, or Extortion Expenses, the obligations of the Insurer under this Policy shall be completely fulfilled and extinguished.

  • The Insurer is entitled to pay Damages, Claims Expenses, Data Breach Expenses, and Extortion Expenses as they become due and payable by the Insureds, without consideration of other future payment obligations.

  • Coverage The Insurer agrees to pay Cyber Threat and Extortion Expenses actually paid by the Law Firm as a direct result of a Cyber Threat that occurs during the Policy Period and is reported to the Insurer in accordance with Condition 4.3, and to which the Insurer consents in writing to the offering of such reward.


More Definitions of Extortion Expenses

Extortion Expenses means reasonable and necessary expenses incurred by the Insured, with the Insurer’s written consent, that directly result from a Network Extortion Threat, including monies paid by the Insured to a person or persons reasonably believed to be responsible for a Network Extortion Threat for the purpose of terminating that Network Extortion Threat.
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Extortion Expenses means the reasonable and necessary expenses incurred by the Insured, with the prior consent of the Insurer, that are directly attributable to a Cyber Extortion Threat, other than Extortion Payments.
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Extortion Expenses means:the reasonable and necessary expenses incurred by the Company, with Harel‟s prior consent, that are directly attributable to a cyber extortion threat.
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Extortion Expenses means reasonable costs necessarily incurred by the Insured following anyCyber Extortion Threat where such costs are insurable at law.
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Extortion Expenses means reasonable and necessary expenses or costs incurred by the insurer or by the insured with the insurer’s written consent, other than extortion monies paid directly as a result of an extortion claim.
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Extortion Expenses means reasonable and necessary expenses incurred by an Insured resulting directly from a Network Extortion Threat, including money, cryptocurrencies (including Bitcoin), or other consideration surrendered as payment by an Insured to a natural person or group believed to be responsible for a Network Extortion Threat. Extortion Expenses shall also include reasonable and necessary expenses incurred to mitigate or reduce any of the forgoing expenses.
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Related to Extortion Expenses

  • Transition Expenses The reasonable costs (including reasonable attorneys’ fees) of the Backup Servicer incurred in connection with the transferring the servicing obligations under this Agreement and amending this Agreement to reflect such transfer in an amount not to exceed $100,000.

  • Disposition Expenses means reasonable out-of-pocket expenses incurred by the Servicer in connection with the sale at auction or other disposition of a Leased Vehicle by the Servicer.

  • Litigation Expenses means costs and expenses incurred in connection with commencing, prosecuting, and settling the Action (which may include the costs and expenses of Plaintiffs directly related to their representation of the Settlement Class), for which Lead Counsel intends to apply to the Court for reimbursement from the Settlement Fund.

  • Acquisition Expenses means any and all expenses, exclusive of Acquisition Fees, incurred by the Company, the Operating Partnership, the Advisor or any of their Affiliates in connection with the selection, evaluation, acquisition, origination, making or development of any Investments, whether or not acquired, including, without limitation, legal fees and expenses, travel and communications expenses, brokerage fees, costs of appraisals, nonrefundable option payments on property not acquired, accounting fees and expenses, title insurance premiums and the costs of performing due diligence.

  • Transaction Expenses means any fees or expenses incurred or paid by Holdings or any of its Subsidiaries in connection with the Transaction, this Agreement and the other Loan Documents and the transactions contemplated hereby and thereby.

  • Liquidation Expenses With respect to a Mortgage Loan in liquidation, unreimbursed expenses paid or incurred by or for the account of the Master Servicer or the related Servicers, such expenses including (a) property protection expenses, (b) property sales expenses, (c) foreclosure and sale costs, including court costs and reasonable attorneys’ fees, and (d) similar expenses reasonably paid or incurred in connection with liquidation.

  • Estimated Transaction Expenses has the meaning set forth in Section 2.3(a).

  • Distribution Expenses means, with respect to all rights granted to LGF hereunder, one hundred percent (100%) of the aggregate of all actual, direct, out-of-pocket, third xxxxx costs expended or incurred by LGF in direct connection with the distribution and exploitation of the Picture throughout the Territory in all media, including, without limitation, all DLT Creation Costs, and all conversion, manufacturing, duplication, shipping, marketing, advertising, promotion and publicity costs, and all costs to complete Delivery of the Picture (to the extent (i) LGF elects to cure any failure of Grantor to complete Delivery of the Picture in accordance with the Delivery Schedule and/or (ii) LGF is required to take "access" to any Delivery Materials pursuant to the Delivery Schedule; and/or fiii) Grantor is not required to deliver such elements under the Delivery Schedule).

  • Unpaid Transaction Expenses has the meaning specified in Section 2.4(c).

  • Election expenses means expenses incurred, whether before, during or after the election, on account of, or in respect of, the conduct or management of the election.

  • Litigation Expense means any court filing fee, court cost, arbitration fee, and each other fee and cost of investigating or defending an indemnified claim or asserting any claim for indemnification or defense under this Agreement, including Attorney’s Fees, other professionals’ fees, and disbursements. “Attorney’s Fees” include a charge for the service of in-house counsel at the market rate for independent counsel of similar experience.

  • Administration Expenses Payment means the amount the Administrator will be paid from the Gross Settlement Amount to reimburse its reasonable fees and expenses in accordance with the Administrator’s “not to exceed” bid submitted to the Court in connection with Preliminary Approval of the Settlement.

  • Indemnification Expenses shall have the meaning set forth in Section 6.11(a).

  • Final Transaction Expenses has the meaning set forth in Section 3.2(b).

  • Seller Transaction Expenses means all unpaid fees, costs, charges, expenses, obligations, payments and awards that are incurred by the Sellers or their Affiliates in connection with, relating to or arising out of the preparation, negotiation, execution, delivery and performance of this Agreement and the Transaction Documents and the consummation of the transactions contemplated hereby and thereby, including all Taxes.

  • Property Protection Expenses Any costs and expenses incurred by the Master Servicer, the Special Servicer or the Trustee pursuant to Section 3.04, 3.07, 3.10(f), 3.10(g) or 3.17(b) or indicated herein as being a cost or expense of the Lower-Tier REMIC to be advanced by the Master Servicer or the Trustee, as applicable.

  • Common Expenses means expenditures made by or financial liabilities of the association, together with any allocations to reserves.

  • Administration Expenses means all fees, disbursements, expenses, costs, taxes and any other amounts incurred or payable by the Plaintiffs, Class Counsel or otherwise for the approval, implementation and operation of this Settlement Agreement, including the costs of notices, but excluding Class Counsel Fees and Class Counsel Disbursements.

  • Reimbursable Costs means expenses incurred by the employee in the course of engaging in the planned learning activity and include registration, tuition and examination fees as well as textbooks/discs and applicable taxes. They may also include reasonable, incremental meal, accommodation and travel expenses.

  • Preservation Expenses Expenditures made by the Servicer in connection with a foreclosed Home Equity Loan prior to the liquidation thereof, including, without limitation, expenditures for real estate property taxes, hazard insurance premiums, property restoration or preservation.

  • Company Transaction Expenses means, all fees, commissions, costs and expenses incurred by the Company or any of its Subsidiaries on or prior to the Closing or by any other Person (to the extent the Company or any of its Subsidiaries is obligated to pay such fees, commissions, costs and expenses incurred by such Person) in connection with the negotiation, preparation, execution and performance of this Agreement and the transactions contemplated hereby to the extent not paid in full at or prior to the Closing, including: (a) stay bonuses, sale bonuses or payments, change of control bonuses or payments, retention bonuses or payments, transaction bonuses or payments or similar arrangements, bonuses or payments that become payable by the Company or any Subsidiary in connection with the negotiation, execution and/or delivery of this Agreement, any Transaction Document or the consummation of the transactions contemplated hereby or thereby (a “Change of Control Trigger”), including the employer portion of any payroll Taxes relating thereto, but, for the avoidance of doubt, shall not include any bonuses or payments that only become payable as a result of both (i) the Change of Control Trigger and (ii) the occurrence of a termination of employment after the Closing or any other event or circumstances resulting from actions taken by Purchaser or its subsidiaries (including the Surviving Corporation or any of its subsidiaries) after Closing (for the avoidance of doubt, this clause (a) shall not be deemed to include any of the employment agreements set forth on items 1-3 of Section 4.11(a)(xiv) of the Schedules), (b) all costs, commissions, fees and expenses of the Company or any Subsidiary incurred in connection with the negotiation, preparation, execution and/or delivery of this Agreement or any Transaction Document, any offering or marketing materials or the consummation of the transactions contemplated hereby, including any investment banking, accounting, consulting, broker, finder, advisory, attorney and other professional and other costs, fees and expenses (including all Banker Fees), (c) the employer’s portion of Social Security, Medicare, FUTA, and other payroll Taxes attributable to or associated with the exercise, payout or cancellation of any Options in connection with the transactions contemplated hereby, (d) one-half of the filing fees under the HSR Act or any other filing fees required by any Foreign Antitrust Law, (e) one-half of the D&O Tail Premium, (f) one-half of the Transfer Taxes in accordance with Section 6.11(c) and (g) one-half of the fees payable to the Escrow Agent and the Paying Agent. For the avoidance of doubt, notwithstanding the foregoing, Company Transaction Expenses shall not be deemed or construed to include any amounts payable with respect to Options as described in Section 2.04 hereof, other than with respect to Taxes described in the foregoing clause (c).

  • Closing Transaction Expenses means the Transaction Expenses as set forth on the Closing Statement.

  • Program Expenses means all UHC’s expenses of administering the Program under the Indenture and the Act and shall include without limiting the generality of the foregoing; salaries, supplies, utilities, labor, materials, office rent, maintenance, furnishings, equipment, machinery and apparatus, including information processing equipment; software, insurance premiums, credit enhancement fees, legal, accounting, management, consulting and banking services and expenses; Fiduciary Expenses; remarketing fees; Costs of Issuance not paid from proceeds of Bonds; and payments to pension, retirement, health and hospitalization funds; and any other expenses required or permitted to be paid by UHC.

  • Transportation Expense means the cost of Medically Necessary conveyance, personnel, and services or supplies.

  • Company Reimbursable Costs means the actual costs and expenses incurred by Company and/or its Affiliates in connection with performance of the Company Work or otherwise incurred by Company and/or its Affiliates in connection with this Agreement, and including, without limitation, any such costs that may have been incurred by Company and/or its Affiliates in connection with the Company Work or this Agreement prior to the Effective Date. These Company Reimbursable Costs shall include, without limitation, the actual expenses for labor (including, without limitation, internal labor), services, materials, subcontracts, equipment or other expenses incurred in the execution of the Company Work, all applicable overhead, overtime costs, all federal, state and local taxes incurred (including, without limitation, all taxes arising from amounts paid to Company that are deemed to be contributions in aid of construction), all costs of outside experts, consultants, counsel and contractors, all other third-party fees and costs, and all costs of obtaining any required permits, rights, consents, releases, approvals, or authorizations acquired by or on behalf of Company, including, without limitation, the Required Approvals.

  • Excluded Expenses means an amount a claimant pays for insurance offered under a health benefit plan for a taxable year if: