Compensatory Damages definition

Compensatory Damages are those amounts awarded to compensate for the actual damages sustained, and are not awarded as a penalty, nor fixed in amount by statute.

Compensatory Damages means damages due or awarded in payment for actual injury or economic loss. "Compensatory damages" does not include punitive or exemplary damages or the multiple portion of any multiplied damage award.

Compensatory Damages means damages due or awarded in payment for actual injury or economic loss. “Compensatory damages” does not include punitive or exemplary damages.

Examples of Compensatory Damages in a sentence

• The Insurer will have the right and duty to defend the Insured against any Action seeking those Compensatory Damages.

• This exclusion does not apply to liability for Compensatory Damages that the Insured would have in the absence of the contract or agreement.

• The Products-Completed Operations Aggregate Limit, as shown in the Declarations, is the most the Insurer will pay under COVERAGE A for Compensatory Damages because of Bodily Injury and Property Damage included in the Products-Completed Operations Hazard.

• Compensatory Damages because of "bodily injury" include compensatory damages claimed by any person or organization for care, loss of services or death resulting at any time from the "bodily injury".

• Bodily Injury or Property Damage for which the Insured is obligated to pay Compensatory Damages by reason of the assumption of liability in a contract or agreement.

More Definitions of Compensatory Damages

Compensatory Damages. ’ means objectively

Compensatory Damages means all damages for which an owner or operator may be liable including, without limitation, bodily injury or property damage. This term does not include punitive damages or the costs of litigation, which shall not be limited to attorney or expert witness fees. This definition shall apply to any pending third-party claim which has not been reduced to judgment as of April 7, 2003.

Compensatory Damages are those amounts awarded to compensate for the actual damages sustained and are not awarded as a penalty, nor fixed in amount by statute If the REINSURER declines to be party to the contest, compromise, or litigation of a claim, it will pay its full share of the amount reinsured, as if there had been no contest, compromise, or litigation, and its proportionate share of covered expenses incurred to the date it notifies the CEDING COMPANY it declines to be a party.

Compensatory Damages. ’ means damages awarded

Compensatory Damages means that we will:

Compensatory Damages means economic and noneconomic damages. The term does not include exemplary damages.

Compensatory Damages means any tort-based damages to compensate an individual for the loss, harm, or injury he or she has suffered. Compensatory Damages do not include damages for medical monitoring for undiagnosed injuries, or any damages that were increased because of the absence of medical monitoring for any injuries. Compensatory Damages further do not include punitive, exemplary, vindictive, punitory, presumptive, added, aggravated, speculative, or imaginary damages.