Investigation Costs means the reasonable and necessary costs, charges, fees and expenses consented to by the Insurer (including, but not limited to, attorney’s fees and expert’s fees but not including any settlement, judgment or damages and not including any compensation or fees of any Individual Insured) incurred by the Company or its board of directors (or any equivalent management body), or any committee of the board of directors(or any equivalent management body), solely in connection with the investigation or evaluation of a Derivative Demand. J. Loss means
Investigation Costs means reasonable and necessary expenses incurred in the investigation and evaluation of a Derivative Demand, provided that Investigation Costs shall not include compensation, benefit expenses, or overhead of any Insureds.
Investigation Costs means the reasonable fees, costs and expenses (including but not limited to legal counsel’s fees and experts’ fee), incurred for the principal purpose of representing an Insured Person, with the Insurer’s prior written consent, of any legal advisor retained in connection with an Investigation by or on behalf of an Insured Person.Investigation Costs do not include the remuneration of any Insured Person, the cost of their time or overhead of or any other costs of any Company.
Examples of Investigation Costs in a sentence
If the amount that has to be paid to dispose of, settle or finalise a Claim exceeds the Policy Limit, then We only pay for the same proportion of the Claim Investigation Costs as the Policy Limit bears to the amount to be paid to dispose of, settle or finalise the Claim.
The cost of Senior Counsel’s opinion will form part of the Claim Investigation Costs.
There is no Excess for Claim Investigation Costs when We Cover an Insured for this Covered Claim if the Schedule states ‘Costs exclusive’.
The Insured must also pay this Excess when We provide Cover for the Claim Investigation Costs of this Covered Claim if the Schedule states ‘Costs inclusive’.
The aggregate amount We pay in total for Claim Investigation Costs for or in respect of all Claims Covered by this Policy does not exceed an amount equal to twice the Policy Limit.
More Definitions of Investigation Costs
Investigation Costs means reasonable and necessary expenses incurred by an Insured with the Insurer’s prior written consent to establish the existence and amount of a covered Loss. Investigation Costs shall not include any compensation, benefit expenses, or overhead of any Insureds or any expenses incurred by any Customer.
Investigation Costs means reasonable and necessary expenses incurred in the investigation and evaluation of a Derivative Demand by an Insured Entity, including its board of directors, board of managers, or any committee thereof, provided that Investigation Costs shall not include salaries, wages, remuneration, overhead or benefit expenses associated with any Insureds.
Investigation Costs means reasonable legal fees, costs and expenses incurred by the Company (including its board of directors or any committee of its board of directors) in connection with the investigation or evaluation on behalf of the Company of any Securityholder Derivative Demand, but shall not include any salaries, wages, overhead, benefits or benefit expenses associated with any Insured.
Investigation Costs means reasonable fees and expenses incurred by a REIT, or on its behalf by its board of directors or other governing board or any committee thereof, to investigate and evaluate of any Derivative Demand, Derivative Suit, Regulation FD Demand, or Books and Records Request. Investigation Costs exclude any: (i) compensation, benefits expenses or overhead of any Insureds; or (ii) Defense Costs.
Investigation Costs means any reasonable and necessary fees, costs and expenses (other than salary, wages, benefits or overhead expenses) incurred by an Insured Person with the Insurer’s prior written consent (not to be unreasonably withheld or delayed), at such time when there is no allegation of a Securities Violation against the Insured Person, in attending or participating in an Investigation. (J) Limit of Liability means the amount stated in ITEM 3 of the SCHEDULE. (K) Loss means:
Investigation Costs means reasonable costs, charges, fees and expenses (other than overhead, or regular or overtime wages or salaries for employees, of the Company) incurred by the Company, including its board of directors or any committee of the board of directors, solely in connection with the Company’s investigation of and/or response to an IRCA Violation Notice.
Investigation Costs means all reasonable legal and other professional fees, costs and expenses (other than salaries, wages, benefits, overhead expenses or internal costs) incurred by or on behalf of an InsuredPerson with the prior written consent of the Insurer (not to be unreasonably withheld or delayed) in preparing for, attending or participating in, or co-operating with, an Investigation.