Legal defense costs definition

Legal defense costs means any expenses that an insurer incurs in defending against claims of third parties brought under the terms and conditions of an insurance policy.
Legal defense costs means expenses a Participant has incurred for Legal Services and Reimbursable Costs, not to exceed the applicable limits of the Plan’s liability;
Legal defense costs means any expenses that an insurer incurs in defending against claims of third parties brought under

Examples of Legal defense costs in a sentence

  • Legal defense costs are accounted for in the period the costs are incurred.We are defending against certain pending claims, have resolved a number of claims through negotiated settlements and have prevailed in various other lawsuits.

  • Legal defense costs associated with loss contingencies are expensed in the period incurred.

  • Legal defense costs are expensed as incurred.Cautionary Statement About Engle Progeny Cases.

  • Legal defense costs are being expensed as they are incurred.The entities comprising Gables are subject to various legal proceedings and claims that arise in the ordinary course of business.

  • Legal defense costs expected to be incurred in connection with a loss contingency are accrued when probable and reasonably estimable.


More Definitions of Legal defense costs

Legal defense costs means expenses a Participant has incurred for Legal Services, not to exceed the applicable limits of the LDT Retiree CCW Plan’s liability;
Legal defense costs means expenses that an operator or a provider of financial assurance incurs in defending claims brought:
Legal defense costs means any expense that an owner or operator or the trust fund incurs in defending against claims or actions brought by the federal environmental protection agency or a state agency to require corrective action or to recover the costs of corrective action; or by or on behalf of a third party for bodily injury or property damage caused by a release.
Legal defense costs. Iroquois filed petitions for review in the United States Court of Appeals for the District of Columbia Circuit of: (1) the Commission's orders in Docket Nos. RP94-72, et al., denying recovery of certain Legal Defense Costs; and (2) the orders in Docket No. RP97-126-000 summarily removing certain Legal Defense Costs from Iroquois's rates. Those petitions were consolidated in D.C. Cir. Nos. 97-1276 and 97-1533. On July 21, 1998, the Court issued a decision remanding those orders. Iroquois Gas Transmission System, L.P. v. FERC, 145 F.3d 398 (D.C. Cir. 1998) ("Iroquois v. FERC").
Legal defense costs means any expenses that an owner or operator or provider of financial assurance incurs in defending against claims or actions brought:
Legal defense costs means expenses a Participant has incurred for Legal Services and
Legal defense costs means expenses a Participant has incurred for Legal Services, not to exceed the applicable limits of the LEOSA Plan’s liability;