Alternative trading Sample Clauses
The Alternative Trading clause allows parties to conduct transactions through trading platforms or mechanisms other than the primary or originally specified venue. In practice, this means that if the main trading platform is unavailable, unsuitable, or otherwise impractical, the parties can agree to use an alternative exchange or method for executing trades. This flexibility ensures that trading can continue smoothly despite disruptions or limitations with the primary venue, thereby reducing operational risk and maintaining continuity in trading activities.
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Alternative trading. If goods shall be sold or services rendered elsewhere than at the Insured Locations for the benefit of the Insured’s business either by the Insured or by others on their behalf, the money paid or payable in respect of such sales or services shall be brought into account in arriving at the: ▪ turnover, if the applicable Basis of Settlement is gross profit; or ▪ gross revenue, if the applicable Basis of Settlement is gross revenue, during the indemnity period.
Alternative trading. If during the Indemnity Period goods shall be sold or services rendered elsewhere than at the Premises for the benefit of the Business, the money paid or payable in respect of such sales or services shall be brought into account in arriving at the Turnover during the Indemnity Period.
Alternative trading. If during the indemnity period goods are sold or services rendered elsewhere than at the premises for the benefit of the business, either by you or by others on your behalf, the amount received by you in respect of such sales or services will be brought into account in calculating the turnover during the indemnity period.
Alternative trading. If during the indemnity period the business shall be conducted elsewhere than at the premises, the money paid or payable to you in respect of such other premises will be brought into account in arriving at the rent receivable during the indemnity period.
Alternative trading. If goods shall be sold or services rendered elsewhere than at the Insured Locations for the benefit of the Insured’s business either by the Insured or by others on their behalf, the money paid or payable in respect of such sales or services shall be brought into account in arriving at the: ▪ turnover, if the applicable Basis of Settlement is gross profit; or ▪ gross revenue, if the applicable Basis of Settlement is gross revenue, during the indemnity period.