Insured Costs definition
Insured Costs means all necessary and reasonable costs and expenses incurred by the Insurer, or by the Insured with the Insurer’s prior written consent, in defending, investigating or settling any Claim (not being claimant’s costs and expenses).
Insured Costs means all necessary and reasonable costs and expenses incurred by the Insurer, or by an Insured with the Insurer's prior written consent, in defending, investigating or settling any Claim or Claims (not being Inquiry Costs or claimant’s costs and expenses).
Examples of Insured Costs in a sentence
The foregoing shall not diminish or impair (i) the County’s obligation pursuant to Section 15.22(D), if applicable to pay Developer for PLL Policy Insured Costs, or (ii) Developer’s rights as an additional insured under the PLL Policy.