Fraud Costs definition

Fraud Costs means the amount fraudulently taken from the “insured”. This is the direct financial loss only. “Fraud costs” does not include any of the following:
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Fraud Costs means all costs caused to Company due to fraud attempts made by IB clients. All payments are subject to risk analysis considerations and AntiMoney Laundering procedures. The Company reserves the right to demand and receive information about any Lead and to assess the competency of such Lead for payments. The Company reserves the right to modify the Fee structure and/or the payment terms at any time upon reasonable advance notice to IB.
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Fraud Costs means all costs caused to Company due to fraud attempts made by IB clients. All payments are subject to risk analysis considerations and AntiMoney Laundering procedures. The Company reserves the right to demand and receive information about any Lead and to assess the competency of such Lead for payments. The Company reserves the right to modify the Fee structure and/or the payment terms at any time upon reasonable advance notice to IB. to any extent of such Party's right to assert or rely upon any such provision or right in that or any other instance; rather, the same shall be and remain in full force and effect. Each waiver shall be set forth in a written instrument signed by the waiving Party.
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Examples of Fraud Costs in a sentence

  • Cramming Fraud Costs Consumers Millions of Dollars Annually Anecdotal evidence suggests that wireless cramming fraud is extremely lucrative for its perpetrators.

  • He is also Visiting Professor at the University of Portsmouth and Chair of the Centre for Counter Fraud Studies, Europe’s leading centre for research into fraud and related issues and Chair of theU.K. Fraud Costs Measurement Committee.

  • Domestic relations are traditionally matters reserved for state courts,26 but once a debtor files a petition for bankruptcy relief, federal law comes into play.27 The balance between state and federal law in bankruptcy is clear from the plain language of the Code.

  • In addition, because of the widespread operations undertaken by the Manager, the Investment Manager, the US Investment Manager, the Administrator and the Custodian and their respective holding companies, subsidiaries and affiliates (each an “Interested Party”) conflicts of interest may arise.

  • These Fraud Costs shall be deducted from any payment owed to you.

  • Fraud Costs Some Investors Their Life SavingsHere are two examples of how investors lost their money:Business Risk.At least 100 investors nationwide invested more than$4 million in promissory notes that promised to pay an interest rate of 13 percent over nine months.

  • Where a party has failed to appear at a hearing, the chair shall ascertain whether the party in question has been summoned properly.

  • This report is the second undertaken by the UK Fraud Costs Measurement Committee and involved Crowe UK, Experian and the Centre for Counter Fraud Studies, University of Portsmouth (Crowe and the University of Portsmouth also produce the ‘Financial Cost of Fraud’ reports).

  • In assessing the recoverability of receivables, inventories, loans and other financial assets, the Company has considered internal and external information up to the date of approval of the financial statements.

  • Social Engineering Theft of Personal Funds CoverageWe shall reimburse an Executive Officer for the Social Engineering Fraud Costs incurred for a Social Engineering Fraud Event as a direct result of any Fraudulent Third Party causing your aqent, servant, or employee to access Your Computer System that results in theft of Money or Securities from a personal bank account of an Executive Officer, provided such Social Engineering Fraud Event first occurs during the Policy Period.


More Definitions of Fraud Costs

Fraud Costs shall include all costs caused to Company due to fraud attempts made by Affiliate clients.
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Fraud Costs means any costs arising from an act of Fraud or attempted Fraud, which may include a charge-back and fines that arise due to a charge-back, or the return of End Users funds to the End User for reasons other than Cashouts which may include, a preventive refund of a Deposit in order to prevent a charge-back or Fraud occurring (including, voiding or refunding transactions), the return of stolen monies that may have been used by an End User to the rightful owner thereof and the like. Gaming Licence(s): means the licence(s) required under Applicable Legislation for the operation of the gaming and gambling services by Markor as such may be amended, supplemented or updated from time to time by a Regulator, including a licence from the Gibraltar Licensing Authority (Gambling Division) of HM Government of Gibraltar, in order to operate the gaming platform and/ or Software and authorise Markor to manufacture/ distribute and / or offer the Markor Games to the End Users from time to time.
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Fraud Costs means all costs caused to Company due to fraud attempts made by IB clients. All payments are subject to risk analysis considerations and Anti- Money Laundering procedures. The Company reserves the right to demand and receive information about any Lead and to assess the competency of such Lead for payments. The Company reserves the right to modify the Fee structure and/or the payment terms at any time upon reasonable advance notice to IB. with written verification of receipt; or after five (5) business days after deposit in certified or registered mail, return receipt requested, postage and charges prepaid, to the respective addresses of the Parties as set forth on the Registration Page.
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Related to Fraud Costs

  • Recovered Costs means any amounts referred to in clauses (d) and/or (e) of the definition of “Defaulted Mortgage Loan Purchase Price” that, at the time of determination, had been previously paid or reimbursed to any Servicer from sources other than collections on or in respect of the Mortgage Loan or the Mortgaged Property (including, without limitation, from collections on or in respect of loans other than the Mortgage Loan).

  • Overhead costs means the actual costs incurred or the estimated costs to be

  • Attorneys’ Fees and Costs means: (i) fees and out of pocket costs of Lender’s and Loan Servicer’s attorneys, as applicable, including costs of Lender’s and Loan Servicer’s in-house counsel, support staff costs, costs of preparing for litigation, computerized research, telephone and facsimile transmission expenses, mileage, deposition costs, postage, duplicating, process service, videotaping and similar costs and expenses; (ii) costs and fees of expert witnesses, including appraisers; (iii) investigatory fees; and (iv) costs for any opinion required by Lender pursuant to the terms of the Loan Documents.

  • Cleanup costs means expenses (including but not limited to legal and professional fees) incurred in testing for, monitoring, cleaning up, removing, containing, treating, neutralizing, detoxifying or assessing the effects of Pollutants.

  • Estimated Costs means costs estimated by the Authority as likely to be:

  • Related Costs means lodging and, if necessary, physical protection for the Covered Person during or while waiting for Transport to the Nearest Place of Safety. Related Costs will include temporary lodging, if necessary, while a Covered Person is waiting to be transported back to the Host Country, Home Country or other country where the Policyholder that sponsored the Covered Person’s Trip is located. Benefits will not be payable for Related Costs unless We (or Our authorized assistance provider) authorize in writing, or by an authorized electronic or telephonic means, all expenses in advance, and services are rendered by Our assistance provider.

  • Labor costs means total compensation of all employees, not to include compensation paid

  • Avoided costs means the incremental costs to an electric utility of electric energy or capacity or both which, but for the purchase from the qualifying facility or qualifying facilities, such utility would generate itself or purchase from another source.

  • Attorneys’ Fees means the full and actual cost of any legal services actually performed in connection with the matter involved calculated on the basis of the usual fee charged by the attorney performing such services and shall not be limited to "reasonable attorneys' fees" as defined in any statute or rule of court.

  • Direct Costs means the sum of the following:

  • Disallowed costs means those charges determined to be unallowable, in accordance with the applicable Federal statutes, regulations, or the terms and conditions of the Federal award. (2 CFR 200.31 and 45 CFR 75.2)

  • Routine Patient Costs means all health care services that are otherwise covered under the Group Contract for the treatment of cancer or other Life-threatening Condition that is typically covered for a patient who is not enrolled in an Approved Clinical Trial.

  • Indemnified Costs has the meaning specified in Section 8.05(a).

  • Fraud Losses Realized Losses on Mortgage Loans as to which a loss is sustained by reason of a default arising from fraud, dishonesty or misrepresentation in connection with the related Mortgage Loan, including a loss by reason of the denial of coverage under any related Primary Insurance Policy because of such fraud, dishonesty or misrepresentation.

  • Routine patient care costs means Covered Medical Expenses which are typically provided absent a clinical trial and not otherwise excluded under the Policy. Routine patient care costs do not include:

  • Liabilities and Costs means all claims, judgments, liabilities, obligations, responsibilities, losses, damages (including lost profits), punitive or treble damages, costs, disbursements and expenses (including, without limitation, reasonable attorneys’, experts’ and consulting fees and costs of investigation and feasibility studies), fines, penalties and monetary sanctions, interest, direct or indirect, known or unknown, absolute or contingent, past, present or future.

  • Government costs, as used in this clause, means those agency costs that result directly from developing and implementing the VECP, such as any net increases in the cost of testing, operations, maintenance, and logistics support. The term does not include the normal administrative costs of processing the VECP or any increase in this contract's cost or price resulting from negative instant contract savings.

  • Remediation Costs means the cost of any action taken to reduce the concentration of contaminants on, in or under the Eligible Property to permit a record of site condition to be filed in the Environmental Site Registry under section 168.4 of the Environmental Protection Act and the cost of complying with any certificate of property use issued under section 168.6 of the Environmental Protection Act, as further specified in the CIP.

  • Claim Expenses means reasonable documented attorneys’ fees and all other reasonable documented out-of-pocket costs, expenses and obligations (including experts’ fees, travel expenses, court costs, retainers, transcript fees, duplicating, printing and binding costs, as well as telecommunications, postage and courier charges) paid or incurred in connection with investigating, defending, being a witness in or participating in (including on appeal), or preparing to investigate, defend, be a witness in or participate in, any Claim, including any Action relating to a claim for indemnification or advancement brought by an Indemnified Party as contemplated in Section 7.5.

  • Soft Costs means the costs of professional work and fees, interim costs, financing fees and expenses, syndication costs, soft costs and Developer’s fees as shown in the Applicant’s properly completed UniApp, Section C - Uses of Funds. Soft Costs do not include operating or replacement reserves.

  • Excess Costs means, in any Computation Period, the excess of Chargeable Costs associated with Assignee Minerals for that Computation Period over the amount determined by multiplying Assignor’s Net Share of Minerals produced during the Computation Period by the Sales Price for that Computation Period. Excess Costs shall bear interest at the Prime Interest Rate from the end of the Computation Period in which such costs were incurred to the date that Assignor recovers such amounts from Assignee Proceeds.

  • Litigation Costs means all reasonable costs, charges, expenses, including attorneys', accountants' and expert witnesses' fees, and obligations paid or incurred in connection with investigating, defending (including affirmative defenses and counterclaims), obtaining or attempting to obtain a settlement, being a witness in, or participating in or preparing to defend, be a witness in, or participate in, any Proceeding and any appeal therefrom and the cost of appeal, attachment and similar bonds.

  • Unallowable Costs has the same meaning as in 44 Ill. Admin. Code Part 7000.

  • Indirect Costs has the same meaning as in 44 Ill. Admin. Code Part 7000.

  • Hard Costs means all costs and expenses payable for supplies, materials, labor and profit with respect to the Improvements under any Construction Contract.

  • Allowable Costs means the costs defined as allowable in 42 CFR, Chapter IV, Part 413, as amended to October 1, 2007, except for the purposes of calculating direct medical education costs, where only the reported costs of the interns and residents are allowed. Further, costs are allowable only to the extent that they relate to patient care; are reasonable, ordinary, and necessary; and are not in excess of what a prudent and cost-conscious buyer would pay for the given service or item.