Insured Liability definition
Insured Liability means the Insured’s legal obligation to pay any Other Side’s Costs and Own Disbursements, which the Insurer has agreed to indemnify up to the Limit of Cover specified in the Schedule.
Insured Liability means the Insured’s legal obligation to pay any Opponent’s Costs, Own Disbursements and Own Solicitor’s Fees in connection with the Dispute which the Insurer has agreed to indemnify up to the Limit of Indemnity specified in the Schedule.
Insured Liability has the meaning set forth in Section 7.06(a).
Examples of Insured Liability in a sentence
Insured Liability Your legal obligation to pay Third Party Costs, Own Solicitor’s Costs and Own Disbursements which We have agreed to provide cover for up to the Limit of Indemnity.
More Definitions of Insured Liability
Insured Liability means any losses which are recoverable (or which would have been recoverable had Documation complied with its obligations under Clause 17.5) by Documation under a policy of insurance described in Clause 17.5; and
Insured Liability. The Tenant’s legal obligation in respect of bodily injury and/or damage to property which is likely to be caused to the body or property of any person.