Business Interruption Insurance definition

Business Interruption Insurance means insurance coverage against “Business Interruption and Extra Expense” (as that phrase is used within the United States insurance industry for application to transient lodging facilities).

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Business Interruption Insurance means rental and/or business income insurance required pursuant to Section 8.05(a)(iii) or otherwise maintained in accordance with this Agreement.

Business Interruption Insurance as defined in Section 2.1(d).

Examples of Business Interruption Insurance in a sentence

Business Interruption Insurance with limits not less than an amount equal to two (2) years rent hereunder.
All Centralized Service Charges and Reimbursable Expenses actually incurred during the period of the Business Interruption Event shall continue to be payable in accordance with the provisions this Agreement, regardless of whether there are sufficient Business Interruption Insurance proceeds to cover such amounts.
Notwithstanding the foregoing, Tenant may elect not to carry Business Interruption Insurance; provided, however, that in such event Tenant shall release Landlord from any and all liability arising during the Lease Term that would have been covered by such Business Interruption Insurance had Tenant elected to carry such coverage.
At all times during the Term, Manager shall assist Tenant in procuring, at Tenant’s expense, and Tenant shall maintain Business Interruption Insurance for the Managed Facility in accordance with the Lease Insurance Requirements.
From the Initial Funding Date, evidence shall be provided that is reasonably acceptable to the Class B Members that adequate property insurances are in place sufficient to cover the value of (a) the largest transit shipment and offsite storage; and (b) aggregate assets at the Project site prior to the All Risk Property and Business Interruption Insurance being in full force and effect.

More Definitions of Business Interruption Insurance

Business Interruption Insurance means insurance under any insurance policy that replaces income or earnings lost as a result of any event that interrupts the operations of the policyholder’s business or is otherwise designed to insure the policyholder against interruptions in the operations of the policyholder’s business.

Business Interruption Insurance means an insurance contract that provides coverage to an insured for lost revenues, rents, profits and/or expenses incurred due to certain risks/perils that interrupt the insured's regular business, over a defined period;

Business Interruption Insurance shall have the meaning provided in Exhibit F. “Capital Improvement” shall have the meaning provided in Section 11.1. “Casualty” shall have the meaning provided in Section 6.1.

Business Interruption Insurance. Business interruption insurance written on a gross earnings form to cover the actual loss sustained, including loss of earnings, fixed costs and debt service, resulting from interruption of business operations due to physical loss of, damage to or impairment of any material improvements, machinery and equipment.

Business Interruption Insurance means insurance that covers the loss of income, continuing fixed expenses or extra expenses a business suffers after a disaster while its facility is either closed because of the disaster or in the process of being rebuilt after the disaster.

Business Interruption Insurance insurance against loss of operating income for a period of at least six months, occasioned by reason of any peril affecting the operations of the Mortgagor; and

Business Interruption Insurance. Business interruption insurance to indemnify the Licensee in respect of the Licensee’s revenues for a period of not less than 6 (six) months if any of the property insured under sub-paragraph (a) is lost or destroyed or damaged by any of the risks insured under sub-paragraph (a) which causes interruption to or interference with the operation of the Car Park Facilities and Services at the Locations.