First Party Event definition

First Party Event means Network Compromise, Data Breach and Extortion Demand that triggers coverage under any of the insuring clauses 3.3 to 3.8.
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First Party Event means Computer Fraud, Fraudulent Impersonation, Cyber Extortion Threat, IT Provider Breach, Outsource Provider Breach, Privacy Breach, Security Breach, Social Engineering Fraud, System Failure, Telecommunications Fraud or Vendor or Client Payment Fraud.
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First Party Event means any Security Threat or Privacy Threat.
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Examples of First Party Event in a sentence

  • When a man boasts of nothing as his very own, surely all that he has is God’s; and what is God’s cannot be unclean.

  • The Insurer is liable under this Policy only for that part of any Loss arising from each Claim or First Party Event which exceeds the excess specified in the Schedule.

  • The succeeding counsel must file proof of service of the notice on all parties.

  • On Thursday, September 4th from 5:30-8 pm, there will be a Wine and Cheese, meet and greet, registration session.

  • However, the Insurer’s right to subrogation will not apply if the Insured, prior to the date of a Wrongful Act or First Party Event, has waived its rights of recovery.

  • Only with respect to the First Party Insuring Clauses, the Insured must provide the Insurer with a detailed proof of loss statement as soon as practicable and, in any event within 6 months of the First Party Event.

  • Securities are valued at market value as of the close of business on the date the First Party Event was Discovered; and at its discretion, the Insurer will: a.

  • Such Lost Securities Xxxx will have a penalty no more than the value of the Securities at the close of business on the date the First Party Event was Discovered.

  • For the First Party Insuring Agreements, the Insured has an extended period of time to Discover a First Party Loss arising out of a First Party Event that occurred prior to the effective date of cancelation.

  • Such First Party Event will be deemed Discovered on the last day of the Policy Period.


More Definitions of First Party Event

First Party Event means any Security Failure.
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Related to First Party Event

  • Extraordinary Event means a Merger Event, Tender Offer, Nationalisation, Insolvency or Delisting, as the case may be.

  • Flip-in Event means a transaction in or pursuant to which any Person becomes an Acquiring Person;

  • Relief Event has the meaning set forth in Section 3.12.

  • Liquidity Event means a Change of Control or an IPO.