Common use of RESUMPTION OF BUSINESS Clause in Contracts

RESUMPTION OF BUSINESS. As soon as possible after the Accident, the Insured shall continue or resume business, in whole or in part, and make up lost business within a reasonable period of time (not to be limited to the period during which the business is interrupted) through the use of every available means, including surplus machinery, duplicate parts, equipment, supplies and surplus or reserve stock, which may be owned or controlled by the Insured or obtainable by the Insured from other sources and through working extra time or overtime at the Location or at such other premises acquired for the purpose of making up lost business, all to the extent that the amount for which the Company would otherwise be liable under this Coverage is reduced. The Company may take such means as will in the opinion of the Company reduce or avert interruption of business at the Location or supply the functions of the Location in some other way.

Appears in 6 contracts

Samples: premiergroup.ca, premiergroup.ca, oceanicunderwriters.com

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RESUMPTION OF BUSINESS. As soon as possible after the Accident, the Insured shall continue or resume business, in whole or in part, and make up lost business within a reasonable period of time (not to be limited to the period during which the business is interrupted) through the use of every available means, including surplus machinery, duplicate parts, equipment, supplies and surplus or reserve stock, stock which may be owned or controlled by the Insured or obtainable by the Insured from other sources and through working extra time or overtime at the Location or at such other premises acquired for the purpose of making up lost business, all to the extent that the amount for which the Company would otherwise be liable under this Coverage is reduced. The Company may take such means as will in the opinion of the Company reduce or avert interruption of business at the Location or supply the functions of the Location in some other way.

Appears in 2 contracts

Samples: premiergroup.ca, premiergroup.ca

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