Business Income Percentage definition

Business Income Percentage means the percentage obtained by dividing the “Business Income” by the “Revenue” during the financial year immediately before the date of the “Damage” to which such adjustments shall be made as may be necessary to provide for the trend of the “Business” and for variations in or other circumstances affecting the “Business” either before or after the “Damage” or which would have affected the “Business” had the “Damage” not occurred so that the figures thus adjusted shall represent as nearly as may be reasonably practicable the results which but for the “Damage” would have been obtained during the relative period after the “Damage”.
Sample 1Sample 2Sample 3
Business Income Percentage means the percentage obtained by dividing the "business income" by the "revenue" generated in the financial year immediately prior to the date of the "damage". Adjustments will be made:
Sample 1Sample 2Sample 3
Business Income Percentage means the percentage obtained by dividing the "Business Income" by the "Revenue" during the financial year immediately before the date of the "Damage" to which such adjustments shall be made as may be necessary to provide for the trend of the "Business" and for variations in or other circumstances affecting the "Business" either before or after the "Damage" or which would have affected the "Business" had the "Damage" not occurred so that the figures thus adjusted shall represent as nearly as may be reasonably practicable the results which but for the "Damage" would have been obtained during the relative period after the "Damage".
Sample 1Sample 2

Examples of Business Income Percentage in a sentence

  • Business Income Percentage – means the percentage obtained by dividing the Business Income by the Revenue during the financial year immediately before the date of the Damage.


More Definitions of Business Income Percentage

Business Income Percentage. : means the percentage obtained by dividing the “Business Income” by the “Revenue” during the financial year immediately before the date of the “Insured Damage”.
Sample 1

Related to Business Income Percentage

  • Monthly Uptime Percentage means total number of minutes in a calendar month minus the number of minutes of Downtime suffered in a calendar month, divided by the total number of minutes in a calendar month.

  • Invested Percentage means, with respect to any Series of Notes, the percentage specified in the applicable Series Supplement.

  • Sharing Percentage means, with respect to any Partner and any Portfolio Investment, a fraction, expressed as a percentage: the numerator of which is the aggregate amount of Capital Contributions made by such Partner and used to fund the cost of such Portfolio Investment; and the denominator of which is the aggregate amount of Capital Contributions made by all Partners and used to fund the cost of such Portfolio Investment.

  • Uptime Percentage means Uptime expressed as a percentage, calculated in accordance with the following formula:

  • Average Contribution Percentage means the average of the Contribution Percentages of the Eligible Participants in a group.

  • Asset Percentage has the meaning specified in Section 2.05(b)(ii).

  • Utilization Percentage means, as of any day, the fraction expressed as a percentage, the numerator of which is the Facility Usage on such day, and the denominator of which is the Borrowing Base in effect on such day.

  • Valuation Percentage means, for any item of Eligible Collateral, the percentage specified in Paragraph 13.