Business Interruption Costs definition

Business Interruption Costs means the total sum of the following:
Business Interruption Costs means where there is a loss of access to or use of an affected production unit or facility for a period in excess of five (5) days, the costs
Business Interruption Costs do not include:

Examples of Business Interruption Costs in a sentence

  • The Underwriters shall reimburse the Named Insured the actual Business Interruption Costs incurred by the Named Insured during the Period of Restoration due to a Network Attack commencing during the Policy Period and reported to the Underwriters in accordance with the terms of this Policy.

  • For purposes of this provision, Claims includes Business Interruption Costs incurred by Seller as a result of the revocation or suspension of any permit held by Seller, or the denial of any permit or permit renewal to Seller, where Buyer's violation is the substantial and proximate cause of such permit revocation, suspension or denial.

  • Not having to consider her sister’s feelings nor opinions anymore, Charlotte found herself having a unique opportunity to stand more independently, similarly to the future George Eliot.

  • The Underwriters shall pay on behalf of the Insured, the Business Interruption Costs incurred by the Insured during the Period of Restoration due to a Network Attack, which first occurs during the Policy Period and is reported to the Underwriters in accordance with the terms of this Policy.This coverage is subject to a Sublimit of Liability as specified in Item 5 of the Schedule.

  • The Insurer shall reimburse an Insured for Business Interruption Costs incurred during the Period of Restoration due to a System Failure commencing during the Policy Period and reported to the Insurer in accordance with the terms of this Policy.

  • The Insurer shall reimburse an Insured for Business Interruption Costs incurred during the Period of Restoration due to a Third Party System Disruption commencing during the Policy Period and reported to the Insurer in accordance with the terms of this Policy.

  • The Insurer shall reimburse an Insured for Business Interruption Costs incurred during the Period of Restoration due to a System Disruption commencing during the Policy Period and reported to the Insurer in accordance with the terms of this Policy.

  • Business Interruption Costs & Expenses means those individual items listed in Insuring Clause 2.5 Business Interruption Costs & Expenses i.

  • Business Interruption Loss and Business Interruption Costs & Expenses (…) and any amounts payable under Extensions that arise from, are attributable to or are in connection with a single occurrence, except in respect of Cyber Events, Earthquakes, Floods, Storms and riots, civil commotion and acts of malicious persons; ii.

  • For purposes of this provision, Claims includes Business Interruption Costs incurred by Buyer as a result of the revocation or suspension of any permit held by Buyer, or the denial of any permit or permit renewal to Buyer, where Seller's violation is the substantial and proximate cause of such permit revocation, suspension or denial.


More Definitions of Business Interruption Costs

Business Interruption Costs means the total sum of the following: (a) Extra Expense; and (b) loss of Business Income.
Business Interruption Costs means the total sum of Extra Expense and Business Income Loss. Business Interruption Costs does not include:

Related to Business Interruption Costs

  • Service Interruption means the cessation of electricity supply to an ICP for a period of 1 minute or longer, other than by reason of De-energisation of that ICP:

  • Planned Service Interruption means a Service Interruption that has been scheduled to occur in accordance with Schedule 5;

  • Unplanned Service Interruption means any Service Interruption where events or circumstances prevent the timely communication of prior warning or notice to the Trader or any affected Customer;

  • Indirect Costs has the same meaning as in 44 Ill. Admin. Code 7000.

  • Interruption means a reduction in non-firm transmission service due to economic reasons pursuant to Tariff, Part II, section 14.7.

  • Environmental Damages means all claims, demands, liabilities (including strict liability), losses, damages (including consequential damages), causes of action, judgments, penalties, fines, costs and expenses (including reasonable fees, costs and expenses of attorneys, consultants, contractors, experts and laboratories), of any and every kind or character, contingent or otherwise, matured or unmatured, known or unknown, direct or indirect, foreseeable or unforeseeable, made, incurred, suffered or brought at any time and from time to time and arising in whole or in part from:

  • Basic generation service transition costs means the amount by

  • Operating Costs means the reasonable incremental expenses incurred by the Recipient on account of Project implementation, including costs related to audits, office equipment and supplies, vehicle operation and maintenance, shipping costs, office rentals, communication and insurance costs, office administration costs, bank charges, utilities, transport costs, travel, per diem and supervision costs, and salaries of contracted employees, but excluding salaries of officials of the Recipient’s civil service.

  • Services Interruption Event means any interruption to a Works caused by; a Force Majeure Event, the Customer’s failure to carry out or perform any obligation required of it under this agreement which in the sole opinion of the Company does or may cause a delay in the Works and any other matter which in the reasonable opinion of the Company will cause an interruption or delay in the performance of the Works;

  • Overhead costs means the actual costs incurred or the estimated costs to be

  • Electrical Losses means all electrical losses associated with the transmission of Product to the Delivery Point, including if applicable, but not limited to, any transmission or transformation losses between the CAISO revenue meter and the Delivery Point.

  • Infrastructure costs means such costs as are reasonably incurred for the acquisition and construction of infrastructure.

  • Environmental Costs and Liabilities means any and all losses, liabilities, obligations, damages, fines, penalties, judgments, actions, claims, costs and expenses (including, without limitation, fees, disbursements and expenses of legal counsel, experts, engineers and consultants and the costs of investigation and feasibility studies and remedial activities) arising from or under any Environmental Law or order or contract with any Governmental Authority or any other Person.

  • Production Costs means the cost of the following:

  • Direct Costs means the sum of the following:

  • Direct Damage has the meaning given in clause 24.2; "Dispute" has the meaning given in clause 23.1;

  • Loss or Damage means any loss or damage to the Vehicle, including that caused by theft of the Vehicle or by adverse weather events, that requires repair or replacement including the loss of use of the Vehicle (demurrage), legal expenses, assessment fees, towing and recovery costs, storage, service charges and any appraisal fees of the Vehicle;

  • Special Damages has the meaning set forth in Section 12.

  • Consequential Loss means indirect or consequential loss or damage such as, but not limited to, loss of contract, bargain, expectation, opportunity, profit, production, revenue, anticipated cost reduction or interest payable howsoever caused, arising out of or in connection with this Contract.

  • Environmental Damage means any injury or damage to persons, living organisms or property (including offence to man’s senses) or any pollution or impairment of the environment resulting from the discharge, emission, escape or migration of any substance, energy, noise or vibration;

  • Damage to Property means physical injury to or destruction of tangible property, including the loss of its use. Tangible property includes the cost of recreating or replacing stocks, bonds, deeds, mortgages, bank deposits and similar instruments, but does not include the value represented by such instruments.

  • Cleanup costs means expenses (including but not limited to legal and professional fees) incurred in testing for, monitoring, cleaning up, removing, containing, treating, neutralizing, detoxifying or assessing the effects of Pollutants.

  • CAISO Revenues means the credits, fees, payments, revenues, interest or similar benefits, including imbalance energy payments, that are directly assigned by the CAISO to the CAISO Global Resource ID for the Generating Facility for, or attributable to, Scheduling or deliveries from the Generating Facility under this Agreement.

  • Utility Costs means utility and home energy costs related to the occupancy of rental property (e.g. electricity, gas, water and sewer, trash removal, and energy costs (such as fuel oil)) that are separately-stated charges. Utility Costs do not include telecommunication services (e.g. telephone, cable, and internet services).

  • Transition Costs means the reasonable costs and expenses (including reasonable attorneys’ fees but excluding overhead) incurred or payable by the Successor Servicer in connection with the transfer of servicing (whether due to termination, resignation or otherwise), including allowable compensation of employees and overhead costs incurred or payable in connection with the transfer of the Receivable Files or any amendment to the Sale and Servicing Agreement required in connection with the transfer of servicing.

  • Operating Profits means, as applied to any Person for any period, the operating income of such Person for such period, as determined in accordance with GAAP.