Examples of Allocated Loss Adjustment Expenses in a sentence
The policy must also provide that Defense costs, including the Allocated Loss Adjustment Expenses, will satisfy the SIR or deductible.
The Purchaser shall reimburse the Administrator for such reasonable Allocated Loss Adjustment Expenses.
The Administrator shall not have recourse to the Liquidator or the Estate for such Allocated Loss Adjustment Expenses.
Section 10.1 The Purchaser shall maintain legal reserves in accordance with SAP in connection with Disputed Claims and Allocated Loss Adjustment Expenses and otherwise comply with the covenants in Articles VIII, IX and X of the Purchase Agreement.
Payments of Allocated Loss Adjustment Expenses by the Administrator shall be subject to audit by the Liquidator from time to time in the discretion of the Liquidator as provided by the Claim Service Agreements.