Extortion Expenses definition

Extortion Expenses means the reasonable and necessary expenses incurred by the “Insured”, with the prior consent of the Company, that are directly attributable to a “Cyber Extortion Threat”.
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Extortion Expenses means reasonable and necessary expenses, including virtual, digital, and electronic currency, incurred by the Company, with the Company’s prior consent, which result directly from a Security Threat or Privacy Threat, for the purposes of resolving the Security Threat or Privacy Threat.
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Extortion Expenses means reasonable and necessary expenses incurred by the Insured, with the Insurer's prior consent, resulting directly from a Security Threat or Privacy Threat and that are expended solely for the purposes of resolving the Security Threat or Privacy Threat.
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Examples of Extortion Expenses in a sentence

  • The Insurer shall reimburse, or pay on behalf of the Insured Organisation, Cyber Extortion Expenses, resulting from a Cyber Extortion Threat, Discovered during the Period of Insurance.

  • For any Extortion Expenses, give the Insurer written notice of any Technology Threat as soon as practicable, but in no event later than sixty (60) days after such Technology Threat has been first made.

  • The Insurer shall pay, on behalf of the Insureds, Extortion Expenses resulting from any Security Threat or Privacy Threat which is first made against the Insureds during the Policy Period and reported to the Insurer in the time and manner required by this Policy.

  • Notify the police or other appropriate law enforcement authority(ies) if the Insured has reason to believe that the Private Information Breach involves a violation of law.DUTIES IN THE EVENT OF AN EXTORTION LOSSAfter the Insured receives a Technology Threat or becomes aware of a Technology Threat that may lead to an Extortion Expenses covered under this Coverage Section, the Insured must:1.

  • Network Extortion Expenses shall not include the repeated payment of money or securities demanded by any single extortionist or group of extortionists acting in collusion, or in response to multiple extortion demands connected by common facts or circumstances.

  • Therefore, to prevent nest abandonment and harm to the golden eagle fledglings, no heavy machinery or helicopters will be operated between towers 21/4 and 23/1 as well as between towers 9/2 and 10/4 of the Little Goose-Lower Granite transmission lines until either it is visually confirmed by a BPA biologist that the fledglings have vacated the nest or until July 15.

  • Cyber Extortion Expenses – Vendor or Vendor Insurer to pay all necessary costs and ransom fees for any cyber extortion.b. Legal Expenses - if our clients suffer a loss after a data breach, they may have grounds or legal action against the vendor.c. Notifying Clients – notify each client whose information may have been compromised.d. Credit monitoring services - offer clients credit monitoring services for a term of (1) one year thru a leading credit monitoring service.

  • All premiums, limits, retentions, Damages, Claims Expenses, Data Breach Expenses, Extortion Expenses and other amounts under this Policy are expressed and payable in the currency of the United States of America.

  • The most we will pay under Computer Attack for Loss of Business, Public Relations and Cyber Extortion Expenses coverages for “loss” arising from any one “computer attack” is the applicable sublimit for each of those coverages shown in the Cyber Suite Supplemental Declarations.

  • Extortion Expenses are payable under INSURING AGREEMENT (D) only.


More Definitions of Extortion Expenses

Extortion Expenses means reasonable and necessary expenses incurred by the Insured, with the Insurer’s written consent, that directly result from a Network Extortion Threat, including monies paid by the Insured to a person or persons reasonably believed to be responsible for a Network Extortion Threat for the purpose of terminating that Network Extortion Threat.
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Extortion Expenses means the reasonable and necessary expenses incurred by the Insured, with the prior consent of the Insurer, that are directly attributable to a Cyber Extortion Threat, other than Extortion Payments.
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Extortion Expenses means reasonable costs necessarily incurred by the Insured following anyCyber Extortion Threat where such costs are insurable at law.
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Extortion Expenses means reasonable and necessary expenses or costs incurred by the insurer or by the insured with the insurer’s written consent, other than extortion monies paid directly as a result of an extortion claim.
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Extortion Expenses means reasonable and necessary expenses incurred by an Insured resulting directly from a Network Extortion Threat, including money, cryptocurrencies (including Bitcoin), or other consideration surrendered as payment by an Insured to a natural person or group believed to be responsible for a Network Extortion Threat. Extortion Expenses shall also include reasonable and necessary expenses incurred to mitigate or reduce any of the forgoing expenses.
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Extortion Expenses means:the reasonable and necessary expenses incurred by the Company, with Harel‟s prior consent, that are directly attributable to a cyber extortion threat.
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Related to Extortion Expenses

  • Transition Expenses The reasonable costs (including reasonable attorneys’ fees) of the Backup Servicer incurred in connection with the transferring the servicing obligations under this Agreement and amending this Agreement to reflect such transfer in an amount not to exceed $100,000.

  • Disposition Expenses means reasonable out-of-pocket expenses incurred by the Servicer in connection with the sale at auction or other disposition of a Leased Vehicle by the Servicer.

  • Litigation Expenses means costs and expenses incurred in connection with commencing, prosecuting and settling the Action (which may include the costs and expenses of Plaintiffs directly related to their representation of the Settlement Class), for which Lead Counsel intends to apply to the Court for reimbursement from the Settlement Fund.

  • Acquisition Expenses means any and all expenses, exclusive of Acquisition Fees, incurred by the Company, the Operating Partnership, the Advisor or any of their Affiliates in connection with the selection, evaluation, acquisition, origination, making or development of any Investments, whether or not acquired, including, without limitation, legal fees and expenses, travel and communications expenses, brokerage fees, costs of appraisals, nonrefundable option payments on property not acquired, accounting fees and expenses, title insurance premiums and the costs of performing due diligence.

  • Transaction Expenses means any fees, costs, or expenses incurred or paid by Holdings, the Borrower, or any of their respective Affiliates in connection with the Transactions, this Agreement, and the other Credit Documents, and the transactions contemplated hereby and thereby.

  • Liquidation Expenses With respect to a Mortgage Loan in liquidation, unreimbursed expenses paid or incurred by or for the account of the Master Servicer or the related Servicers, such expenses including (a) property protection expenses, (b) property sales expenses, (c) foreclosure and sale costs, including court costs and reasonable attorneys’ fees, and (d) similar expenses reasonably paid or incurred in connection with liquidation.

  • Estimated Transaction Expenses has the meaning set forth in Section 2.3(a).

  • Distribution Expenses means the reasonable costs, excluding overhead, incurred by ZIOPHARM that are directly and reasonably allocable to the distribution of a ZIOPHARM Product with respect to a particular country where such ZIOPHARM Product has been launched, excluding any costs included as a deduction in calculating Net Sales.

  • Unpaid Transaction Expenses has the meaning specified in Section 2.4(c).

  • Election expenses means expenses incurred, whether before, during or after the election, on account of, or in respect of, the conduct or management of the election.

  • Litigation Expense means any expenses reasonably incurred in connection with investigating, defending or asserting any claim, action, suit or proceeding incident to any matter indemnified against under this Agreement, including, without limitation, court filing fees, court costs, arbitration fees or costs, witness fees, and fees and disbursements of legal counsel, investigators, expert witnesses, accountants and other professionals.

  • Administration Expenses Payment means the amount the Administrator will be paid from the Gross Settlement Amount to reimburse its reasonable fees and expenses in accordance with the Administrator’s “not to exceed” bid submitted to the Court in connection with Preliminary Approval of the Settlement.

  • Indemnification Expenses shall have the meaning set forth in Section 6.11(a).

  • Final Transaction Expenses has the meaning set forth in Section 3.2(b).

  • Seller Transaction Expenses means all unpaid fees, costs, charges, expenses, obligations, payments and awards that are incurred by the Sellers or their Affiliates in connection with, relating to or arising out of the preparation, negotiation, execution, delivery and performance of this Agreement and the Transaction Documents and the consummation of the transactions contemplated hereby and thereby, including all Taxes.

  • Common Expenses means expenditures made by or financial liabilities of the association, together with any allocations to reserves.

  • Administration Expenses means all fees, disbursements, expenses, costs, taxes and any other amounts incurred or payable by the Plaintiffs, Class Counsel or otherwise for the approval, implementation and operation of this Settlement Agreement, including the costs of notices, but excluding Class Counsel Fees and Class Counsel Disbursements.

  • Reimbursable Costs means expenses incurred by the employee in the course of engaging in the planned learning activity and include registration, tuition and examination fees as well as textbooks/discs and applicable taxes. They may also include reasonable, incremental meal, accommodation and travel expenses.

  • Company Transaction Expenses means all costs, fees and expenses payable by the Company or any of its Subsidiaries to any Person incurred by or on behalf of the Company, any of its Affiliates or any of the Sellers on or before the Closing in connection with the preparation, negotiation, execution and consummation of this Agreement and the transactions contemplated hereby to the extent, if any, unpaid as of immediately prior to Closing (but calculated assuming consummation of the transactions contemplated hereby such that all Company Transaction Expenses that become payable as a consequence of, or upon, the Closing are included), including: (a) any brokerage, finders’ or other advisory fees, costs, expenses, commissions or similar payments; (b) any fees, costs, disbursements or expenses of counsel, accountants or other advisors or service providers; (c) other than the aggregate Option Cancellation Payments, any fees, costs, expenses of, or payments to be made by, the Company or any of its Subsidiaries related to any transaction or retention bonus, incentive bonus, stay bonus, long-term incentive awards, termination or change-of-control payment, severance or other compensatory payments to be made to any current or former employee, director or other current or former individual service provider of the Company or any of its Subsidiaries, in whole or in part, as a result of or in connection with the execution of this Agreement or the consummation of the transactions contemplated hereby (but excluding, for the avoidance of doubt, any such arrangements that are implemented by Buyer), including Tax “gross up” payments payable with respect to any of the foregoing; (d) the required employer portion of payroll or similar Taxes payable in connection with the Option Cancellation Payments or any Company Transaction Expenses (or an item that would have been a Company Transaction Expense if it had not been paid prior to the Closing); (e) any termination, exit or similar fees and expenses payable to any Seller or any of their respective Affiliates as a result of or in connection with the execution of this Agreement or the consummation of the transactions contemplated hereby pursuant to any advisory, management or other similar Contract with the Company or any of its Subsidiaries; and (f) all other fees and expenses payable by the Company or any of its Subsidiaries in connection any transactions contemplated with other potential acquirors of (or investors in) the Company or any of its Subsidiaries (including in connection with any auction process) or other strategic alternatives pursued by the Company or any of its Subsidiaries (including any public or private offering of securities).

  • Closing Transaction Expenses means the Transaction Expenses as set forth on the Closing Statement.

  • Program Expenses means all UHC’s expenses of administering the Program under the Indenture and the Act and shall include without limiting the generality of the foregoing; salaries, supplies, utilities, labor, materials, office rent, maintenance, furnishings, equipment, machinery and apparatus, including information processing equipment; software, insurance premiums, credit enhancement fees, legal, accounting, management, consulting and banking services and expenses; Fiduciary Expenses; remarketing fees; Costs of Issuance not paid from proceeds of Bonds; and payments to pension, retirement, health and hospitalization funds; and any other expenses required or permitted to be paid by UHC.

  • Transportation Expense means the cost of Medically Necessary conveyance, personnel, and services or supplies.

  • Company Reimbursable Costs means the actual costs and expenses incurred by Company and/or its Affiliates in connection with performance of the Company Work or otherwise incurred by Company and/or its Affiliates in connection with this Agreement, and including, without limitation, any such costs that may have been incurred by Company and/or its Affiliates in connection with the Company Work or this Agreement prior to the Effective Date. These Company Reimbursable Costs shall include, without limitation, the actual expenses for labor (including, without limitation, internal labor), services, materials, subcontracts, equipment or other expenses incurred in the execution of the Company Work, all applicable overhead, overtime costs, all federal, state and local taxes incurred (including, without limitation, all taxes arising from amounts paid to Company that are deemed to be contributions in aid of construction), all costs of outside experts, consultants, counsel and contractors, all other third-party fees and costs, and all costs of obtaining any required permits, rights, consents, releases, approvals, or authorizations acquired by or on behalf of Company, including, without limitation, the Required Approvals.

  • Excluded Expenses means an amount a claimant pays for insurance offered under a health benefit plan for a taxable year if: