Restoration Expenses definition

Restoration Expenses means reasonable costs incurred by the Insured or an Investment Adviser, with the Company’s prior written consent, to restore, replace or reproduce damaged or destroyed computer programs, software or other electronic data stored within a Computer System, or that the Insured owns, holds or is responsible for, to the condition that existed immediately preceding a Computer Violation; provided that if it is determined by the Insured or Investment Adviser that such computer programs, software or other electronic data cannot reasonably be restored, replaced or reproduced, then Restoration Expenses means only the reasonable costs incurred by the Insured or an Investment Adviser, with the Company’s prior written consent, to reach such determination.Restoration Expenses do not include:
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Restoration Expenses in relation to a Mortgage Loan means the aggregate amount of any costs or expenses actually paid or incurred by the Servicer, the Relevant Seller or the Trustee in connection with the restoration of the corresponding Mortgaged Property including, without limitation, any costs or expenses:
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Restoration Expenses means reasonable costs incurred by the Insured, with the Company’s prior written consent, to restore, replace or reproduce damaged, or destroyed computer programs, software, or other electronic data stored within a Computer System, or which the Insured owns, holds or is responsible for, to the condition that existed immediately preceding a Computer Violation; provided that if it is determined by the Insured that such computer programs, software, or other electronic data cannot reasonably be restored, replaced, or reproduced, then Restoration Expenses means only the reasonable costs incurred by the Insured, with the Company’s prior written consent, to reach such determination. Restoration Expenses do not include expenses incurred:
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Examples of Restoration Expenses in a sentence

  • The Underwriter shall pay the Insured for reasonable Computer Data Restoration Expenses incurred by the Insured and resulting directly from a loss covered under Insuring Agreement E.1 of the Coverage Section, but only if such covered loss is in excess of the Deductible applicable to such covered loss.

  • The exclusive purpose and function of the ERRT is to fund Environmental Remediation Expenses and Environmental Restoration Expenses and, thereby, to facilitate appropriate remediation and restoration solely with respect to Operable Units 2 and 4 (or, in accordance with Section 3.05 of this Agreement, Operable Unit 3) of the Diamond Alkali Site, as required by applicable administrative orders or consent decrees for the Diamond Alkali Site and Law, in accordance with the terms of the Plan.

  • The Insurer will reimburse the Organization amounts which the Organization incurs as Network Restoration Expenses as a direct result of a Network Intrusion of an Organization’s Computer System first discovered by an Executive Officer during the Policy Period and reported to the Insurer pursuant to Section IV(G).

  • Coverage M.4. Restoration Expenses Restoration Expenses incurred by the Insured and resulting from a Computer Violation by someone other than an Employee.

  • The Insurer will pay the Insured Organization for Restoration Expenses incurred by the Insured Organization which are directly caused by a Computer Violation taking place prior to the expiration of the Policy Period and Discovered during the Policy Period or the Automatic Extended Period to Discover Loss.

  • The ERRT Trustee shall approve, in whole or in part, any Invoice for Environmental Remediation Expenses or Environmental Restoration Expenses.

  • Each PRP or NRD Trustee that has paid Environmental Restoration Expenses attributable to Operable Units 2 or 4 (or, in accordance with Section 3.05 of this Agreement, Operable Unit 3) of the Diamond Alkali Site may submit Invoices for the amounts it has paid to the ERRT Trustee for reimbursement from those funds in the Restoration Distribution Account available for such expenses pursuant to Article IX.B of the Plan.

  • Within (10) days of the conclusion of the Event, Operator shall invoice User for the Restoration Expenses and User shall be obligated to pay such expenses in full within ten (10) business days of receipt of applicable invoice.

  • The Insured Entity must submit a written proof of Network Restoration Expenses providing details relating to the particulars and composition of the amounts claimed in the event of a Network Impairment.

  • The Company will pay the Insured Organization for Restoration Expenses incurred by the Insured Organization which are directly caused by a Computer Violation taking place prior to the expiration of the Policy Period and Discovered during the Policy Period or the Automatic Extended Period to Discover Loss.


More Definitions of Restoration Expenses

Restoration Expenses means reasonable costs incurred by an Insured to Restore its Computer System. Reimbursement of Restoration Expenses applies only:
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Restoration Expenses means reasonable costs incurred by an Insured to Restore its Computer System.
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Restoration Expenses means the expenses incurred related to the Restoration.
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Restoration Expenses means such additional expenses paid as are necessary to place the structure in the same condition existing at the time such "concrete products" were determined to be defective; but in no event shall they include the cost of the "concrete products" themselves or labor incidental to their replacement.
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Restoration Expenses means such additional expenses paid as are necessary to place the structure in the same condition existing at the time such "concrete products" were determined to be defective including the cost of the "concrete products" themselves or labor incidental to their replacement.
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Related to Restoration Expenses

  • Election expenses means expenses incurred, whether before, during or after the election, on account of, or in respect of, the conduct or management of the election.

  • Transition Expenses The reasonable costs (including reasonable attorneys’ fees) of the Backup Servicer incurred in connection with the transferring the servicing obligations under this Agreement and amending this Agreement to reflect such transfer in an amount not to exceed $100,000.

  • Litigation Expenses means costs and expenses incurred in connection with commencing, prosecuting and settling the Action (which may include the costs and expenses of Plaintiffs directly related to their representation of the Settlement Class), for which Lead Counsel intends to apply to the Court for reimbursement from the Settlement Fund.

  • Common Expenses means expenditures made by or financial liabilities of the association, together with any allocations to reserves.

  • Distribution Expenses means the reasonable costs, excluding overhead, incurred by ZIOPHARM that are directly and reasonably allocable to the distribution of a ZIOPHARM Product with respect to a particular country where such ZIOPHARM Product has been launched, excluding any costs included as a deduction in calculating Net Sales.

  • Liquidation Expenses With respect to a Mortgage Loan in liquidation, unreimbursed expenses paid or incurred by or for the account of the Master Servicer or the related Servicers, such expenses including (a) property protection expenses, (b) property sales expenses, (c) foreclosure and sale costs, including court costs and reasonable attorneys’ fees, and (d) similar expenses reasonably paid or incurred in connection with liquidation.

  • Litigation Expense means any expenses reasonably incurred in connection with investigating, defending or asserting any claim, action, suit or proceeding incident to any matter indemnified against under this Agreement, including, without limitation, court filing fees, court costs, arbitration fees or costs, witness fees, and fees and disbursements of legal counsel, investigators, expert witnesses, accountants and other professionals.

  • Disposition Expenses means reasonable out-of-pocket expenses incurred by the Servicer in connection with the sale at auction or other disposition of a Leased Vehicle by the Servicer.

  • Administration Expenses means all fees, disbursements, expenses, costs, taxes and any other amounts incurred or payable by the Plaintiffs, Class Counsel or otherwise for the approval, implementation and operation of this Settlement Agreement, including the costs of notices, but excluding Class Counsel Fees and Class Counsel Disbursements.

  • Indemnification Expenses shall have the meaning set forth in Section 6.11(a).

  • Acquisition Expenses means any and all expenses, exclusive of Acquisition Fees, incurred by the Company, the Operating Partnership, the Advisor or any of their Affiliates in connection with the selection, evaluation, acquisition, origination, making or development of any Investments, whether or not acquired, including, without limitation, legal fees and expenses, travel and communications expenses, brokerage fees, costs of appraisals, nonrefundable option payments on property not acquired, accounting fees and expenses, title insurance premiums and the costs of performing due diligence.

  • Administration Expenses Payment means the amount the Administrator will be paid from the Gross Settlement Amount to reimburse its reasonable fees and expenses in accordance with the Administrator’s “not to exceed” bid submitted to the Court in connection with Preliminary Approval of the Settlement.

  • Program Expenses means all UHC’s expenses of administering the Program under the Indenture and the Act and shall include without limiting the generality of the foregoing; salaries, supplies, utilities, labor, materials, office rent, maintenance, furnishings, equipment, machinery and apparatus, including information processing equipment; software, insurance premiums, credit enhancement fees, legal, accounting, management, consulting and banking services and expenses; Fiduciary Expenses; remarketing fees; Costs of Issuance not paid from proceeds of Bonds; and payments to pension, retirement, health and hospitalization funds; and any other expenses required or permitted to be paid by UHC.

  • Non-Cash Compensation Expense means any non-cash expenses and costs that result from the issuance of stock-based awards, partnership interest-based awards and similar incentive based compensation awards or arrangements.

  • 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.

  • Exploration Expenditures means the sum of:

  • Common expense means costs incurred by the association to exercise any of the powers provided for in the association's governing documents.

  • Operational Expenses means expenses of the clerk of court used to maintain the clerk’s office and includes, but is not limited to, (i) computer support, maintenance, enhancements, upgrades, and replace- ments and office automation and information technol- ogy equipment, including software and conversion services; (ii) preserving, maintaining, and enhancing court records, including, but not limited to, the costs of repairs, maintenance, consulting services, service contracts, redaction of social security numbers from certain records, and system replacements or upgrades; and (iii) improving public access to records maintained by the clerk, including locating technology in an offsite facility for such purposes or for implementation of a disaster recovery plan.

  • Insurance Expenses means any Insurance Proceeds (i) applied to the repair of the related Leased Vehicle, (ii) released to the related Lessee in accordance with applicable law or the Customary Servicing Practices or (iii) representing other related expenses incurred by the Servicer that are not otherwise included in Liquidation Expenses or Disposition Expenses and recoverable by the Servicer under any applicable Servicer Basic Documents.

  • Insured Expenses Expenses covered by an Insurance Policy or any other insurance policy with respect to the Mortgage Loans.

  • Transportation Expense means the cost of Medically Necessary conveyance, personnel, and services or supplies.

  • Reimbursable Costs means expenses incurred by the employee in the course of engaging in the planned learning activity and include registration, tuition and examination fees as well as textbooks/discs and applicable taxes. They may also include reasonable, incremental meal, accommodation and travel expenses.

  • Company Expenses has the meaning provided in Section 8.3.

  • Reimbursable Expenses means all assignment-related costs [such as travel, translation, report printing, secretarial expenses, subject to specified maximum limits in the Contract].