Common use of MEASURE OF RECOVERY Clause in Contracts

MEASURE OF RECOVERY. The measure of recovery in the event of loss hereunder shall be the reduction in Gross Earnings directly resulting from such interruption of business less charges and expenses which do not necessarily continue during the interruption of business, for not exceeding such length of time as would be required with the exercise of due diligence and dispatch to rebuild, repair or replace such part of the Premises insured as specified in the Declarations Page(s) as has been destroyed or damaged, commencing with the date of such destruction or damage and not limited by the expiration date of this policy, but not exceeding the actual loss sustained by the Insured resulting from such interruption of business. Due consideration shall be given to the continuation of Normal charges and expenses, including payroll, to the extent necessary to resume operations of the Insured with the same quality of service which existed immediately preceding the destruction or damage by a peril insured against.

MEASURE OF RECOVERY. The measure of recovery in the event of loss hereunder shall be the reduction in Gross Earnings "gross earnings" directly resulting from such interruption of business less charges and expenses which do not necessarily continue during the interruption of business, for not exceeding such length of time as would be required with the exercise of due diligence and dispatch to rebuild, repair or replace such part of the Premises insured as specified in the Declarations Page(s) described property as has been destroyed or damaged, damaged commencing with the date of such destruction or damage and not limited by the expiration date of expiration of this policyPolicy, but not exceeding the actual loss sustained by the Insured resulting from such interruption of business. Due consideration shall be given to the continuation of Normal "normal" charges and expenses, including payroll, payroll to the extent necessary to resume operations of the Insured with the same quality of service which existed immediately preceding the destruction or damage by a peril the perils insured against.

MEASURE OF RECOVERY. The measure of recovery in the event of loss hereunder shall be the reduction in Gross Earnings "gross earnings" directly resulting from such interruption of business less charges and expenses which do not necessarily continue during the interruption of business, for not exceeding such length of time as would be required with the exercise of due diligence and dispatch to rebuild, repair or replace such part of the Premises insured as specified in the Declarations Page(s) described property as has been destroyed or damaged, commencing with the date of such destruction or damage and not limited by the expiration date of expiration of this policyPolicy, but not exceeding the actual loss sustained by the Insured resulting from such interruption of business. Due consideration shall be given to the continuation of Normal "normal" charges and expenses, including payroll, to the extent necessary to resume operations of the Insured with the same quality of service which existed immediately preceding the destruction or damage by a peril the perils insured against.