R&W Costs definition

R&W Costs has the meaning ascribed thereto in Section 4.8.2;
R&W Costs has the meaning set forth in Section 6.12.
R&W Costs means documented, out-of-pocket fees, costs and expenses paid to Third Parties and paid to the counterparties to the R&W Insurance Policy or any related pollution legal liability policy to bind the R&W Insurance Policy or any related pollution legal liability policy, including premiums, underwriting cost, taxes and brokerage commissions, but excluding any legal expenses incurred by Buyer or its Affiliates.

Examples of R&W Costs in a sentence

  • Buyer shall timely pay, or cause to be paid, costs and expenses related to the R&W Policy, including the total premium, underwriting costs, brokerage commission and other fees and expenses (including Taxes) and retention for such policy and any claims made thereunder (collectively, the “R&W Costs”), as such R&W Costs are due.


More Definitions of R&W Costs

R&W Costs means any and all fees, costs and expenses of the insurance broker, underwriter or insurer actually incurred by Buyer in connection with obtaining the R&W Insurance Policy, including all premiums, underwriting costs, taxes, brokerage commission, and other fees and expenses of the R&W Insurance Policy.
R&W Costs has the meaning set out in Section 9.9(b);
R&W Costs means all required fees and expenses charged by the R&W Insurer to bind coverage under the R&W Insurance Policy (including brokers’ commissions).