Increase in cost of working. In addition to ‘Insured Item A2’, you are insured for necessary and reasonable additional expenditure you incur solely to avoid or diminish the reduction in turnover. Provided that this additional expenditure does not exceed the amount that would have been payable under ‘Insured Item E, Parts 1.1 and 1.2’ above had such expenditure not been incurred.
Appears in 6 contracts
Samples: Introduction Insurance Agreement, Insurance Agreement, Introduction Insurance Agreement
Increase in cost of working. In addition to ‘Insured Item A2’, you are insured for necessary and reasonable additional expenditure you incur solely to avoid or diminish the reduction in turnover. Provided that this additional expenditure does not exceed the amount that would have been payable under ‘Insured Item EF, Parts 1.1 and 1.2’ above had such expenditure not been incurred.
Appears in 6 contracts
Samples: Introduction Insurance Agreement, Introduction Insurance Agreement, Introduction Insurance Agreement
Increase in cost of working. In addition to ‘Insured Item A2’, you are insured for necessary and reasonable additional expenditure you incur solely to avoid or diminish the reduction in turnover. Provided that this additional expenditure does not exceed the amount that would have been payable under ‘Insured Item E, Parts 1.1 and 1.2’ above had such expenditure not been incurred.. Vero - Steadfast Business Interruption Wording – (6.2016)
Appears in 1 contract
Samples: Introduction Insurance Agreement
