PERIOD OF RESTORATION Sample Clauses

PERIOD OF RESTORATION. The period during which business interruption and or rental interruption applies will begin on the date direct physical loss occurs and interrupts normal business operations and ends on the date that the damaged property should have been repaired, rebuilt or replaced with due diligence and dispatch, but not limited by the expiration of this “Memorandum”.
AutoNDA by SimpleDocs
PERIOD OF RESTORATION. That period of time that begins at the end of the waiting period and which continues until the earlier of: 1. the date the Insured Company’s operations are restored to the condition that existed immediately prior to the cyber security breach; or 2. one hundred-twenty (120) days after the date of the cyber security breach.
PERIOD OF RESTORATION. The period beginning after the expiration of the Waiting Period and continues until 90 days after the date and time that the Insured Company’s business operations are restored, or could have been restored had the Insured acted with due diligence and dispatch, to the condition that existed immediately prior to the Cyber Breach Event, System Failure, Dependent Business Interruption or Dependent System Failure. In no event will the Period of Restoration exceed 365 days following a Cyber Breach Event, System Failure, Dependent Business Interruption or Dependent System Failure.
PERIOD OF RESTORATION. The Period of Restoration is the period that begins at the time of the Accident and continues to the earlier of: a) the date, with the exercise of due diligence and dispatch, the physical damage to the Object is repaired or replaced; b) acceptance of the Project by the Principal or Project Owner; c) the interest of the Insured in the Project ceasing; d) the expiration or cancellation of the policy.

Related to PERIOD OF RESTORATION

  • Period of Retention All books, records, reports, and statements relevant to this Contract must be retained a minimum three years and for five years if any federal funds are used under this Contract. The retention period runs from the date of payment for the relevant goods or services by the City, or from the date of termination of this Contract, whichever is later. Retention time shall be extended when an audit is scheduled or in progress for a period reasonably necessary to complete an audit and/or to complete any administrative and judicial litigation which may ensue.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!