Direct Financial Loss definition

Direct Financial Loss means the loss of moneys and / or stock at prime cost belonging to the Insured proved to have been criminally misappropriated and disposed of by the Employed excluding any consequential loss of any kind.

Direct Financial Loss means the Theft of Property belonging to an Insured Organisation or to a Client which is in the care, custody and control of the Insured Organisation.Direct Financial Loss does not include:

Direct Financial Loss means direct financial loss caused by the loss of Money or Securitiesowned by the Policyholder or any Subsidiary.

Examples of Direct Financial Loss in a sentence

• Any further Direct Financial Loss caused by the same Employee after the date of Discovery will not be covered by this policy.Insured’s Consent The Insurer may make any settlement of any Claim it deems expedientwith respect to any Insured, subject to such Insured’s written consent.

• No school is required to take part in any tournament, but when once entered under the plan outlined, schools shall carry out their part of the program in fairness to all other schools represented.

• The Insurer’s consent shall not be unreasonably withheld, provided that the Insurer shall be entitled to exercise all of its rights under the policy.Loss Mitigation As soon as the Insured Discovers a Direct Financial Loss involving anidentified Employee, the Insured must immediately take all necessary steps to prevent any additional Direct Financial Loss being caused by the same identified Employee.

• Under Insuring Clause 1.2 (d) Crime and subject to Clause 10.6 Notification of Direct Financial Loss we will pay the reasonable and necessary fees, costs and expenses of a fraud investigator nominated by the company and approved in writing by us to establish the amount of any direct financial loss notified to us and covered by the policy, in excess of the deductible applicable for Insuring Clause1.2 (d) Crime.

• The overall redevelopment potential was based on a generalized assessment of all the criteria to provide an understanding of what was the most prospective property when all considerations were weighed and measured.Respondents were asked to rate these on a scale of 1 to 5 with 1 being the property with the most redevelopment potential and 5 being property with the least.

More Definitions of Direct Financial Loss

Direct Financial Loss means financial loss sustained by the Named Insured caused by the loss of:

Direct Financial Loss means pecuniary loss sustained by the Company. Direct Financial Loss shall not include:

Direct Financial Loss means only toll charges that the Insured is liable for because of unauthorized access and use of their “Telephone Systems”.

Direct Financial Loss means "Your” monetary or other financial asset loss as a result of a “Funds Transfer Fraud” under Coverage I. The most “We” will pay for any “Direct Financial Loss” arising from

Direct Financial Loss means loss of any property,money or securities sustained by the Company as a direct result of a single act or series of related, continuous or repeated acts of Employee Dishonesty;

Direct Financial Loss means any:

Direct Financial Loss means the physical loss of currency belonging to You or in Your care, custody or control, sustained by You directly as a result of dishonest, fraudulent or malicious act.It does not mean: