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.

Examples of Policy Costs in a sentence

  • The key costs and benefits associated with option 1 are set out below: Option 1 Policy Costs (excluding OIOO)Fee rises may deter potential overseas applicants, reducing the income of UKBA.

  • Tay, 2007, “How (and Why) Do Climate Policy Costs Differ Among Countries?” in Human-Induced Climate Change: An Interdisciplinary Assessment, M.

  • In connection with the Closing, Buyers shall take all action reasonably necessary to cause the conditions to the issuance of the R&W Insurance Policy to be satisfied (and Seller shall cooperate with and assist Buyers in connection therewith as reasonably requested by Buyers) and Buyers shall pay to the provider of the R&W Insurance Policy, by wire transfer of immediately available funds, the R&W Insurance Policy Costs.

  • Policy Costs A Producer must disclose all material charges related to an insurance policy issued by the Company and respond to all inquiries concerning the same by providing complete and accurate information.

  • Except as otherwise stated, this Agreement shall not grant or be construed as granting any rights by license or otherwise to the other Parties in or to another Party’s Background IP.


More Definitions of Policy Costs

Policy Costs has the meaning set forth in Section 5.2(c), Subparagraph A hereof.
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 the sum of (i) repayment of draws on the Series 2017 Senior Reserve Fund Surety; (ii) repayment of draws on the Series 2017 Liquidity Reserve Policy; and (iii) expenses and accrued interest thereon at the Late Payment Rate.
Policy Costs under the Policy means (i) a sum equal to the total of all amounts paid by the Insurer under the Policy resulting from the Guarantor's failure to pay its Pro Rata Share, as may be recalculated pursuant to Section 2 below, to replenish the Series 2022A Debt Service Reserve Account; and (ii) interest on such Policy payments from the date paid by the Insurer until payment thereof in full by the County payable to the Insurer at the Late Payment Rate.