Common use of Ex-gratia Payments Clause in Contracts

Ex-gratia Payments. Part B Covered Losses under this Agreement shall exclude any Ex Gratia Payments except to the extent consented to by the Reinsurer. "Ex Gratia Payments" as used herein means a claim payment not required by the terms of the underlying insurance policies covered by this Agreement.

Ex-gratia Payments. Part B Covered Losses and Part C Covered Losses under this Agreement shall exclude any Ex Gratia Payments except to the extent consented to by the Reinsurer. "Ex Gratia Payments" as used herein with respect to Part B Covered Losses means a claim payment not required by the terms of the underlying insurance policies covered by this Agreement.. "Ex Gratia Payments" as used herein with respect to Part C Covered Losses means

Ex-gratia Payments. Part B Covered Losses and Part C Covered Losses under this Agreement shall exclude any Ex Gratia Payments except to the extent consented to by the Reinsurer. "Ex Gratia Payments" as used herein with respect to Part B Covered Losses means a claim payment not required by the terms of the underlying insurance policies covered by this Agreement. "Ex Gratia Payments" as used herein with respect to Part C Covered Losses means a claim payment not required by the terms of the Settlement Order.