Legal Representation Expenses definition

Legal Representation Expenses means reasonable and necessary fees, costs and expenses incurred to obtain legal advice or representation to protect the Insured’s interests in connection with a Data Liability Event or Network Security Event. Legal Representation Expenses shall include the costs associated with the investigation, adjustment and defence of regulatory proceedings.

Legal Representation Expenses means that part of Loss consisting of costs, charges, fees and expenses (other than regular or overtime wages, salaries or fees of the directors, officers or employees of the Insured Organisation) incurred with the prior written consent of the Company (which shall not be unreasonably withheld) and arising out of the attendance by an Insured Person at any formal administrative or investigative inquiry by a government body or other institution or professional body that is empowered by statute to investigate the affairs of an Insured Person or the Insured Organisation.

Legal Representation Expenses means reasonable Defence Costs which an Insured Person incurs on account of the attendance and/or the provision of documents or information by such Insured Person in an Insured Capacity at or to any Investigation or on account of the preparation for such attendance or provision, which attendance and/or provision is required by the body instituting the Investigation.

Examples of Legal Representation Expenses in a sentence

• The Senior Counsel or a lawyer of equivalent status must have regard to the damages and costs that are likely to be recovered, the Defence Costs or Legal Representation Expenses that will be incurred in contesting the Claim or Inquiry and the prospects of the Claim or Inquiry being successfully defended.

• If it is not possible for the Insured Person to obtain the Insurer’s prior written consent to the incurring of Defence Costs, Legal Representation Expenses, Bail Bond Costs, Public Relations Expenses, Crisis Costs and Pre- Investigation Costs the Insurer will waive the requirement for prior written consent, as long as the Insurer’s consent is sought within fourteen days of the first of such costs being incurred.

• The Company shall not otherwise be liable for any Defence Costs, Legal Representation Expenses, any other element of Loss incurred, any obligation assumed or any admission made by any Insured without the Company’s prior written consent.

• Provided, however, the Insurer shall not assert that the portion of any amount representing an award, settlement, judgment, Legal Representation Expenses or Defence Costs in a Claim alleging violations of Sections 11, 12 or 15(a) of the US Securities Act 1933, is uninsurable under applicable laws;iii.

• The insurance policy contains the following separate insurance contracts: Directors’ and Officers’ Liability Contract; Company Reimbursement Contract; and Legal Representation Expenses Contract.

More Definitions of Legal Representation Expenses

Legal Representation Expenses means the reasonable costs for which an Insured is legally liable and which are incurred with the consent of the Insurer for Legal Representation Expenses in relation to an Investigation; provided that such costs are not available from any other source of insurance or indemnification other than as advancement or indemnity under applicable trusts, indemnity laws, or agreements. Legal Representation Expenses do not include wages, salaries, or other remuneration of any Trustee or Employee.

Legal Representation Expenses means the reasonable legal costs or related professional fees incurred by or on behalf of an Insured Person (but not including any remuneration, cost of their time or costs or overheads of any Company) with the prior written consent of the Insurer, not to be unreasonably withheld or delayed, directly in connection with such Insured Person co-operating with an Investigation.

Legal Representation Expenses means all reasonable and necessary legal fees, costs and expenses incurred with Our prior written consent solely in an Insured Person’s representation at a formal, regulatory or professional Investigation or inquiry into the affairs of the Association that is instituted during the Period of Insurance by the service of a written request on an Insured for an Insured Person to attend a meeting, hearing or interview because of their role within the Association. It excludes wages, salaries or other remuneration or internal costs or overhead of any Insured.

Legal Representation Expenses means the reasonable legal fees or costs and expenses incurred by the Insured with the consent of the Insurer (which shall not be unreasonably delayed or withheld) for legal representation in relation to an Investigation (but not including wages, salaries or other remuneration of any Insured). The only cover under the policy for Legal Representation Expenses is under Extension Error! Reference source not found..

Legal Representation Expenses means reasonable legal costs and fees incurred by or on behalf of an Insured (including the costs for retaining other professional person to testify or provide supportive opinion for an Insured but not including any wages, salaries, time costs and expenses or other remuneration of any Insured) with the prior written consent of the Insurer, not to be unreasonably withheld or delayed, directly in connection with an Insured co-operating (including the provision of information or documents) with an Investigation up to the limit shown in Item 10 of the Schedule.

Legal Representation Expenses means reasonable legal and other professional fees, costs and expenses incurred by or on behalf of an Insured Person (but not including any remuneration of any Insured Person, cost of their time or any other costs or overheads of any Company) with the prior written consent of the Insurer, directly in connection with such Insured Person co-operating with an Investigation.

Legal Representation Expenses means the reasonable legal costs or related professional fees incurred by or on behalf of an Insured (but not including any remuneration of any Principal or Employee) with the prior written consent of Chubb, whose consent is not to be unreasonably withheld or delayed, directly in connection with an Insured co-operating with an Investigation.