Money Damages definition
Examples of Money Damages in a sentence
To any claim seeking relief or redress, in any other form other than Money Damages, and for fees or expenses relating to claims, demands or actions seeking relief in any form other than Money Damages.
The term “Claim” wherever used herein means any demand or Suit for Money Damages as the result of a Wrongful Act.
The term “ Covered Contract” means that part of any contract or agreement that is usual and customary to the Member’s operations under which the Member assumes the tort liability of another party to pay Money Damages because of Bodily Injury or Property Damage to a third party, provided such contract or agreement is executed prior to the Bodily Injury or Property Damage and only to the extent allowed by law.
Coverage is hereby extended to provide coverage for any Member as to claims or Suits seeking Money Damages, including defense of same, arising out of any alleged act of sexual harassment of any person, provided that coverage applies only to the extent the claim is premised on a vicarious liability theory or a “custom and policy” allegation, and only to the extent that the Member is not alleged to have personally committed the act of sexual harassment.