Policy Costs definition

Policy Costs means repayment of draws under the Reserve Fund Insurance Policy, if any, plus all related reasonable expenses incurred by the Surety Provider, plus accrued interest thereon.
Policy Costs has the meaning set forth in Section 5.2(c), Subparagraph A hereof.

Examples of Policy Costs in a sentence

  • The Seller Parties, on the one hand, and Buyer, on the other hand, shall each pay and be responsible for 50% of the R&W Insurance Policy Costs.


More Definitions of Policy Costs

Policy Costs means Costs, Charges and Expenses, Inquiry Costs, Facilitation Costs, Personal Asset Costs, Personal Reputation Costs, Mitigation Costs or Access to Policy Costs, but shall not include salaries, wages, overhead or benefit expenses associated with directors, officers or employees of the Company.
Policy Costs means costs owed to the Reserve Insurer and representing the repayment of draws and Administrative Costs, and accrued interest thereon, at the Late Payment Rate.
Policy Costs means costs owed to the Insurer and representing the repayment of draws on the Reserve Policy and the payment of expenses and accrued interest thereon, at the Late Payment Rate.
Policy Costs has the meaning assigned to that term in Section 4.3 of the Authority Indenture
Policy Costs has the meaning set forth in the Insurance Agreement.
Policy Costs means costs owed to the Insurer in connection with the repayment of draws under the Reserve Policy and payment of expenses and the interest accrued thereon at the Late Payment Rate.