Extortion payment definition

Extortion payment means cash, marketable goods or services demanded to prevent or terminate an "extortion threat".
Extortion payment means any monies (including crypto or virtual currencies) or property paid by you, to a third party, who you reasonably believe to be responsible for a cyber extortion threat, with the purpose of resolving or terminating such threat.
Extortion payment means cash, “digital currency”, marketable goods or services demanded to prevent or terminate an “extortion threat”. If an “extortion payment” is made by or on behalf of the “insured organization” in “digital currency”, payment by us shall be made in United States Dollars equal to the US Dollar-value of the “digital currency” at the time the “extortion payment” is made. For purposes of this paragraph, an “extortion payment” using “digital currency” shall be considered “made” at the time that such “digital currency” is first recorded in a public ledger of transactions for such “digital currency”.

Examples of Extortion payment in a sentence

  • Extortion payment to external party, on the other hand, is not categorised as an illegal activity by legal means, as the health, safety and liberty of one is paramount.

  • Extortion payment to any party shall not be made unless the employee(s) and or their families health, safety and or liberty are threatened.

  • Recommendation 8: Extortion payment should be recorded as another change in the volume of assets account.

  • Extortion payment to external party is not categorised as an illegal activity by legal means.

  • Extortion payment to any party shall not be made unless the employee(s) health, safety and or liberty are threatened.

  • Extortion payment to any party shall not be made unless the employee(s) and/ or their families’ health, safety and or liberty are threatened.

  • Extortion payment should be recorded as an other change in the volume of assets account.

  • To this effect, DoSE also has an online portal https://eduportal.cg.nic.in/RTE/Grievance/registration.aspx# for necessary public information as well as registering grievances and also has a national help line number (011- 411-32689) for seeking any support.

  • Extortion payment to an external party, on the other hand, is not categorised as an illegal activity by legal means, as the health, safety and liberty of one are paramount.

  • Extortion payment - payments made by members of staff who are forced to provide money through violence or a threat to health, safety, security or freedom.


More Definitions of Extortion payment

Extortion payment means any monies or property paid by You or by an authorised external expert, to a Third Party, who You reasonably believe to be responsible for a Cyber Extortion Threat, with the purpose of resolving or terminating the Cyber Extortion Threat.
Extortion payment means monies, digital currencies, or other consideration paid, including the costs associated to obtain such monies, digital currencies, or other consideration, based on instructions from a third party whom you reasonably believe to be responsible for a Cyber Extortion; provided that:

Related to Extortion payment

  • Termination Payment has the meaning set forth in Section 6.03.

  • Down payment means all partial payments, whether made in cash or otherwise, received by or for the benefit of the seller before or substantially contemporaneous with either the execution of the installment sale contract or the delivery of the motor vehicle sold under that contract, whichever occurs later.

  • PAGA Payment means the penalties pursuant to PAGA that the Parties have agreed is a

  • Termination Payments has the meaning specified in Section 10(a).

  • Estimated Swap Termination Payment means, with respect to an Early Termination Date, an amount determined by Party A in good faith and in a commercially reasonable manner as the maximum payment that could be owed by Party B to Party A in respect of such Early Termination Date pursuant to Section 6(e) of the ISDA Master Agreement, taking into account then current market conditions.

  • Separation Payment means any lump sum cash payment in excess of Earned Salary and Accrued Obligations payable to Employee under this Agreement.

  • Compensation Payment means a payment, whether in monetary form or in the form of a benefit or service, by or on behalf of an insurer to a complainant to compensate the complainant for a proven or estimated financial loss incurred as a result of the insurer’s contravention, non-compliance, action, failure to act, or unfair treatment forming the basis of the complaint, where the insurer accepts liability for having caused the loss concerned, but excludes any –

  • Rental Payments means the rental payments paid by the occupant of a unit, excluding any supplemental rental assistance to the occupant from the State, the federal government, or any other public agency, but including any mandatory fees or charges imposed on the occupant by the Owner as a condition of occupancy of the unit.

  • Settlement Payment means the transfer, or contractual undertaking (including by automated clearing house transaction) to effect a transfer, of cash or other property to effect a Settlement.

  • Closing Payment has the meaning set forth in Section 2.2(a).

  • LWDA PAGA Payment means the 75% of the PAGA Penalties paid to the LWDA under Labor Code section 2699, subd. (i).

  • Improper Payment means: (a) any payment, offer, gift or promise to pay or authorization of the payment or transfer of other things of value, including without limitation any portion of the compensation, fees or reimbursements received hereunder or the provision of any service, gift or entertainment, directly or indirectly to (i) a Government Official; (ii) any director, officer, employee or commercial partner of a Party or its Affiliates; or, (iii) any other person at the suggestion, request or direction or for the benefit of any of the above-described persons and entities, for purposes of obtaining or influencing official actions or decisions or securing any improper advantage in order to obtain, retain or direct business; (b) payments made and expenses incurred in connection with performance of obligations under this Agreement that are not made and recorded with sufficient accuracy, detail, and control to meet the standards in applicable Anti-Corruption Laws; or, (c) any other transaction in violation of applicable Anti- Corruption Laws.