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i <br /> copy all of these records in the custody or control of a third party that reasonably pertain to the loss or damage <br />. <br /> All information designated as confidential by the Insured Claimant provided to the Company pursuant . to <br /> this <br /> Section shall not be disclosed to others unless , in the reasonable judgment of the Company , it is necessary in the <br /> administration of the claim . Failure of the Insured Claimant to submit for examination under oath , produce any <br /> reasonably requested information , or grant permission to secure reasonably necessary information from third <br /> parties as required in this subsection , unless prohibited by law or governmental regulation , shall terminate any <br /> liability of the Company under this policy as to that claim . <br /> 7. OPTIONS TO PAY OR OTHERWISE SETTLE CLAIMS , TERMINATION OF LIABILITY <br /> In case of a claim under this policy, the Company shall have the following additional options : <br /> ( a ) To Pay or Tender Payment of the Amount of Insurance . To pay or tender payment of the Amount of Insurance <br /> under this policy together with any costs , attorneys' fees , and expenses incurred by the Insured Claimant that <br /> were authorized by the Company up to the time of payment or tender of payment and that the <br /> Company is <br /> obligated to pay. <br /> Upon the exercise by the Company of this option , all liability and obligations of the Company to the Insured under <br /> this policy, other than to make the payment required in this subsection , shall terminate, including any <br /> liability or <br /> obligation to defend , prosecute , or continue any litigation. <br /> ( b) To Pay or Otherwise Settle With Parties Other Than the Insured or With the Insured Claimant . <br /> ( i) to pay or otherwise settle with other parties for or in the name of an Insured Claimant <br /> any claim insured <br /> against under this policy . In addition , the Company will pay any costs , attorneys ' fees , and expenses incurred <br /> by <br /> the Insured Claimant that were authorized by the Company up to the time of payment and that the Company is <br /> obligated to pay ; or <br /> ( ii) to pay or otherwise settle with the Insured Claimant the loss or damage provided for <br /> under this policy , <br /> together with any costs , attorneys' fees , and expenses incurred by the Insured Claimant that were authorized by <br /> the Company up to the time of payment and that the Company is obligated to pay . <br /> Upon the exercise by the Company of either of the options provided for in subsections <br /> (b) ( i ) or ( ii) , the <br /> Company's obligations to the Insured under this policy for the claimed loss or damage , other than the payments <br /> required to be made , shall terminate , including any liability or obligation to defend , prosecute , or continue <br /> any <br /> litigation . <br /> 8. DETERMINATION AND EXTENT OF LIABILITY <br /> This policy is a contract of indemnity against actual monetary loss or damage sustained or incurred by the Insured Claimant <br /> who has suffered loss or damage by reason of matters insured against by this policy . <br /> j <br /> (a) The extent of liability of the Company for loss or damage under this . policy shall not exceed the lesser of <br /> ( i ) the Amount of Insurance ; or <br /> ( ii ) the difference between the value of the Title as insured and the value of the Title subject <br /> to the risk insured against by this policy . <br /> (b) If the Company pursues its rights under Section 5 of these Conditions and is unsuccessful in establishing the Title <br />, <br /> as insured , <br /> ( 'i) the Amount of Insurance shall be increased by 10% , and <br /> ( ii) the Insured Claimant shall have the right to have the loss or damage determined either <br /> as of the date the claim was made by the Insured Claimant or as of the date it is settled and paid . . <br /> (c) In addition to . the extent of liability under (a) and (b) , the Company will also pay those costs , attorneys' <br /> fees , and <br /> expenses incurred in accordance with Sections 5 and 7 of these Conditions . <br /> 9. LIMITATION OF LIABILITY <br /> ALTA Owner's Policy (6/17/06) <br /> 8130609 6 of 8 (with Florida Modifications) <br /> Copyright American Land Title Association. All rights reserved. The use of this Form is restricted to ALTA licensees and ALTA , <br /> members in good standing as of the date of use. All other uses are prohibited. Reprinted under license from the American Land Title moo, <br /> Association <br />