Regulatory Damages definition

Regulatory Damages has the meaning set forth in Section 5.7.
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Regulatory Damages means any consumer redress amount and privacy regulatory fine.
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Regulatory Damages means any civil monetary penalty imposed by a federal, state or local governmental entity in such entity’s regulatory or official capacity pursuant to an order in connection with a Regulatory Action. Regulatory Damages do not include any civil monetary fines or penalties that are not insurable by law, criminal fines, the return, reduction, loss, disgorgement, restitution or offset of money, assets, fees, charges, royalties, profits, future profits or commissions or any funds allegedly wrongfully or unjustly held or obtained, or the multiple portion of any multiplied, punitive, treble or exemplary damages. Regulatory Damages are subject to the Sublimit of Liability stated at Item 6.A4 on the Declarations of the Policy and such Sublimit of Liability is part of, and not in addition to, the Aggregate Limit of Liability stated on the Declarations page.
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Examples of Regulatory Damages in a sentence

  • If any covered Loss, Defense Costs, Regulatory Damages, Breach Expenses and Extortion Expenses, including judgments or settlements, is expressed in, calculated on or otherwise based upon any other currency, payment of such amount, whether in such other currency or U.S. dollars, shall be made at the rate of exchange published in The Wall Street Journal on the date the Insurer’s obligation to pay such Loss is established (or, if not published on that date, on the date of next publication).

  • The Insurer shall not be liable under this policy for Loss or Regulatory Damages incurred as a result of any such admission, offer or agreement to which the Insurer did not so consent.

Related to Regulatory Damages

  • Compensatory Damages are those amounts awarded to compensate for the actual damages sustained, and are not awarded as a penalty, nor fixed in amount by statute.

  • Punitive Damages are those damages awarded as a penalty, the amount of which is neither governed nor fixed by statute.

  • Delay Damages means the damages assessed pursuant to Section 3.2(a) hereof.

  • Economic damages means objectively verifiable monetary losses, including medical expenses, loss of earnings, burial costs, loss of use of property, cost of replacement or repair, cost of obtaining substitute domestic services, loss of employment, and loss of business or employment opportunities.

  • Consequential Damages means Losses claimed to have resulted from any indirect, incidental, reliance, special, consequential, punitive, exemplary, multiple or any other Loss, including damages claimed to have resulted from harm to business, loss of anticipated revenues, savings, or profits, or other economic Loss claimed to have been suffered not measured by the prevailing Party’s actual damages, and any other damages typically considered consequential damages under Applicable Law, regardless of whether the Parties knew or had been advised of the possibility that such damages could result in connection with or arising from anything said, omitted, or done hereunder or related hereto, including willful acts or omissions.

  • Loss or Damage means any loss or damage to the Vehicle, including that caused by theft of the Vehicle or by adverse weather events, that requires repair or replacement including the loss of use of the Vehicle (demurrage), legal expenses, assessment fees, towing and recovery costs, storage, service charges and any appraisal fees of the Vehicle;

  • Environmental Damages means all claims, judgments, damages, losses, penalties, fines, liabilities, encumbrances, liens, costs and expenses of investigation and defense of any claim, including, without limitation, attorney’s fees, that are incurred at any time as a result of the existence of Environmental Conditions upon, about or beneath the Project Site or migrating or threatening to migrate to or from the Site, and including, without limitation:

  • Product Infringement has the meaning set forth in Section 9.4(a).

  • Third Party Claims has the meaning set forth in Section 11.1.

  • Products Liability means:Your legal liability in respect of Personal Injury and/or Property Damage caused by or arising out of any Products or the reliance upon a representation or warranty made at any time with respect to such products; but only where such Personal Injury and/or Property Damage occurs away from premises owned or leased by or rented to You and after physical possession of such products has been relinquished to others.

  • Licensed Subject Matter means Patent Rights and/or Technology Rights.

  • Direct Damage has the meaning given to it in clause 26.2;

  • Special Damages shall have the meaning as set forth in Section 5.07.

  • Actual Damages has the meaning set forth in Section 12.4(C).

  • Joint Patents means all Patents claiming Joint Inventions.

  • Third Party Data has the meaning set forth in Section 9.3(a).

  • Joint Patent Rights means all Patent Rights claiming a Joint Invention.

  • Daily Delay Damages means with respect to a Guaranteed Project Milestone, an amount equal to (a) the Project Development Security Amount posted as of the first date that Daily Delay Damages are payable under this Agreement with respect to such Guaranteed Project Milestone, divided by (b) 120.

  • Third Party Infringement has the meaning set forth in Section 5.1.

  • Cover Damages means, with respect to any Delivery Shortfall, an amount equal to (a) the positive net amount, if, any, by which the Replacement Price exceeds the applicable Price that would have been paid pursuant to Section 5.1 and the Cover Sheet, multiplied by the quantity of that Delivery Shortfall, plus (b) any applicable penalties and other costs assessed by ISO-NE or any other Person against Buyer as a result of Seller’s failure to deliver such Products in accordance with the terms of this Agreement. Buyer shall provide a statement for the applicable period explaining in reasonable detail the calculation of any Cover Damages.

  • Product Liability means any liability, claim or expense, including but not limited to attorneys’ fees and medical expenses, arising in whole or in part out of a breach of any express or implied product warranty by the Company, strict liability in tort, negligent manufacture of product, negligent provision of services, product recall, or any other allegation of liability arising from the design, testing, manufacture, packaging, labeling (including instructions for use), or sale of products.

  • Damages means any loss, claim, damage, liability, costs and expenses (including, without limitation, reasonable attorney's fees and disbursements and costs and expenses of expert witnesses and investigation).

  • Catastrophic Damage as used hereunder is major change or damage to In- cluded Timber on Sale Area, to Sale Area, to access to Sale Area, or a combination thereof:

  • Third Party Liability has the meaning ascribed thereto in Section 8.3.2;

  • BRRD Liability means a liability in respect of which the relevant Write Down and Conversion Powers in the applicable Bail-in Legislation may be exercised.

  • Environmental Damage means any injury or damage to persons, living organisms or property (including offence to man’s senses) or any pollution or impairment of the environment resulting from the discharge, emission, escape or migration of any substance, energy, noise or vibration;