Punitive Damages are those damages awarded as a penalty, the amount of which is neither governed nor fixed by statute.
Punitive Damages means damages that may be imposed to:
Punitive Damages means and includes exemplary damages and
Examples of Punitive Damages in a sentence
Mitchell Polinsky & Steven Shavell, Punitive Damages: An Economic Analysis, 111 HARV.
There will be no coverage afforded for Punitive Damages for any Claim brought in the State of Utah.
Lott, Jr., Punitive Damages: Their Determinants, Effects on Firm Value, and the Impact of Supreme Court and Congressional Attempts to Limit Awards (July 1998).
Any coverage for Punitive Damages will only apply if a Claim is filed in a state which allows punitive or exemplary damages to be insurable.
Sunstein, Daniel Kahneman, and David Schkade, Assessing Punitive Damages (with Notes on Cognition and Valuation in Law) (December 1997).
More Definitions of Punitive Damages
Punitive Damages. We do not cover: Any fine, penalty or punitive or exemplary damages that may be imposed, meaning that part of any award which is in excess of any compensatory damages and is stated or intended to punish you. COVERAGE “F” – VOLUNTARY MEDICAL PAYMENTS We will pay reasonable medical expenses, incurred within one year of the date of the accident, if you unintentionally injure another person or if they are accidentally injured on your premises. This coverage is available although you are not legally liable. Medical expenses include surgical, dental, hospital, nursing, ambulance services and funeral expenses. Medical expenses for residence employees are insured. The amount of insurance shown on the Declarations Page is the maximum we will pay for each person in respect of one accident, or occurrence. We will not pay expenses covered by any medical, dental, surgical or hospitalization plan or law or under any other insurance contract. We will not pay medical expenses of any person covered by any Workers’ Compensation Statute. You are not insured for claims arising out of the ownership, use or operation of any motorized vehicle, watercraft or trailer, except those for which coverage is shown in this policy. You shall arrange for the injured person, if requested, to:
Punitive Damages means any form of damages which are other than compensatory in nature, or are damages which are designed to punish the action or actions which caused the “claim" or "suit”.
Punitive Damages means special, indirect, consequential or punitive damages (as opposed to direct or actual damages) on any theory of liability (whether or not the claim therefor is based on contract, tort or duty imposed by any applicable legal requirement) arising out of, in connection with, as a result of, or in any way related to, this Agreement or any other Loan Document or any agreement or instrument contemplated hereby or thereby or referred to therein, the transactions contemplated thereby, any Loan or the use of the proceeds thereof or any act or omission or event occurring in connection therewith.
Punitive Damages means the portion of a Claim for punitive or exemplary damages.
Punitive Damages means damages awarded by a court to an injured party to punish the defendant for a serious wrong. This award only is in addition to actual damages awarded for bodily injury or property damage.
Punitive Damages means monetary compensation awarded to an injured party that goes beyond that which is necessary to compensate the individual for losses and that is intended to punish the wrongdoer.
Punitive Damages means a monetary award imposed to punish a wrongdoer and to deter others from similar conduct. It includes exemplary damages. It also includes any damages, or penalties, based upon any legal theory that requires proof of the same standard of conduct necessary to support an award of punitive damages or exemplary damages, under the law of the state in which they are awarded.