Breach Costs definition
Examples of Breach Costs in a sentence
Affirm shall be responsible for all Security Breach Costs associated with its Security Breach.
MISCELLANEOUS regarding Interpretation, Determination of Breach, Costs Related to Breach, and Subpoenas.
The liability of the Insurer for all Claim Expenses, Damages and Privacy Breach Costs for each Claim first made against the Insured or each Privacy Event which happens during the Policy Period and is reported in writing to the Insurer during the Policy Period or under any applicable Extended Reporting Period shall not exceed the amount stated in Item 4.
If (i) TIAA/SP and/or CPPIB is responsible for the GS Covenant Breach Costs and (ii) the applicable Purchasing Party fund(s) the GS Covenant Breach Costs, then POPLP shall (A) notify TIAA/SP and CPPIB that applicable party or parties made such payment(s) and (B) pay the applicable GS Covenant Breach Costs to GS within five (5) Business Days after receipt of such payment(s).
At the Closing, the Buyer may reserve from the Purchase Price the aggregate amount of all Breach Costs (such aggregate Breach Costs, the "Aggregate Breach Cost") and, at the Closing, the Buyer shall deliver such Aggregate Breach Cost to the Bankruptcy Court or such other escrow agent acceptable to the Seller and the Buyer; provided, however that such escrow deposit shall not become a portion of the bankruptcy estate of the Seller.
Breach Costs Coverage – Notification, Credit Monitoring, Forensics, Public Relations e.
Within five (5) Business Days after receipt by TIAA/SP and/or CPPIB of a GS Covenant Breach Costs Notice specifying that TIAA/SP and/or CPPIB is responsible for the GS Covenant Breach Costs, the applicable Purchasing Party shall fund the GS Covenant Breach Costs allocated to it as set forth in the GS Covenant Breach Costs Notice.
Notwithstanding any other term or limitation of liability in any agreement between the parties, Supplier’s liability for Breach Costs shall be limited to $10 million.
If different parts of a single Claim or Privacy Event are subject to different self-insured retentions, the applicable self-insured retention shall be applied separately to each part of the Damages, Claim Expenses and Privacy Breach Costs, but the sum of such self insured retentions shall not exceed the largest applicable self-insured retention.
However, the Insurer shall, at its sole and absolute discretion and in good faith, reimburse the Insured only for such Privacy Breach Costs that the Insurer deems to be reasonable and necessary.