Common use of Excess Clause in Contracts

Excess. 3.6.1 If settlement of an insured event investigated or defended by the insurer under insured section A does not exceed the amount of the applicable excess the insured will pay, or reimburse the insurer for, as applicable, any costs and expenses and paid damages including claimant costs recoverable from the insured and incurred in connection with such insured event.

Excess. 3.6.1 4.6.1 If settlement of an insured event investigated or defended by the insurer under insured section A does not exceed the amount of the applicable excess the insured will pay, or reimburse the insurer for, as applicable, any costs and expenses and paid damages including claimant costs recoverable from the insured and incurred in connection with such insured event.