Business Loss definition

Business Loss means the below costs sustained by the Insured during the Period of Restoration, but only after the Waiting Period has expired:
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Business Loss means the loss of net profits of business due to the relocation of
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Business Loss means the accumulated losses available to M/s. Narbada Gems and Jewellery Limited to be set off against its future profits;
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Examples of Business Loss in a sentence

  • Loss will apply after the Waiting Period has elapsed and the Underwriters will then indemnify the Named Insured for all Business Interruption Loss and Dependent Business Loss sustained during the Period of Restoration in excess of the Retention.

  • Dependent Business Loss that the Insured Organisation sustains as a result of a Dependent Security Breach or a Dependent System Failure that the Insured first discovers during the Policy Period.

  • With respect to Data Recovery Costs, Business Interruption Loss and Dependent Business Loss the Named Insured must notify the Underwriters through the contacts for Notice of Claim, Loss or Circumstance in the Declarations as soon as practicable after discovery of the circumstance, incident or event giving rise to such loss.

  • All Dependent Business Loss payable under this Policy is part of and not in addition to the The Underwriters will not be obligated to pay any Loss, or to defend any Claim, after the Policy Aggregate Limit of Liability has been exhausted, or after deposit of the Policy Aggregate Limit of Liability in a court of competent jurisdiction.

  • All Dependent Business Loss payable under this Policy is part of and not in addition to the The Underwriters will not be obligated to pay any Damages, Penalties, PCI Fines, Expenses and Costs or Claims Expenses, or to defend any Claim, after the Policy Aggregate Limit of Liability has been exhausted, or after deposit of the Policy Aggregate Limit of Liability in a court of competent jurisdiction.

  • The Named Insured will provide the Underwriters a proof of Data Recovery Costs, Business Interruption Loss and Dependent Business Loss, and this Policy will cover the reasonable and necessary costs, not to exceed GBP 50,000, that the Named Insured incurs to contract with a third party to prepare such proof.

  • All Dependent Business Loss payable under this Policy is part of and not in addition to the Business Interruption Loss limit listed in the Schedule.

  • Business Loss Payments require proof of an actual net business financial loss between February 3, 2023 and the Settlement Date arising from or relating to the Incident, to be determined by Class Counsel and the Administrator.

  • Coverage for Business Interruption Loss and Dependent Business Loss will apply after the Waiting Period has elapsed and the Underwriters will then indemnify the Named Insured for all Business Interruption Loss and Dependent Business Loss sustained during the Period of Restoration in excess of the Retention.

  • The Named Insured will provide the Underwriters a proof of Data Recovery Costs, Business Interruption Loss and Dependent Business Loss, and this Policy will cover the reasonable and necessary costs, not to exceed USD 50,000, that the Named Insured incurs to contract with a third party to prepare such proof.


More Definitions of Business Loss

Business Loss shall also include any Loss arising out of or resulting, directly or indirectly, from the Protected Parties’, or, at the Protected Parties’ request, the Purchaser’s, reversal of, or attempt to reverse, the Network Transition or any effect of any other action carried out, or attempted to be carried out, by the Protected Parties in order to put the Protected Parties and their systems and facilities in the same condition in which such persons, systems and facilities would have been had no aspect of the Network Transition occurred (the “Reversal of Network Transition”).
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Business Loss for any Fiscal Period means the income or loss, as the case may be, of the Partnership for such Fiscal Period from carrying on business for the purposes of the ITA.
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Business Loss has the meaning set forth in Section 2.5(c).
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Related to Business Loss

  • Excess Loss The amount of any (i) Fraud Loss realized after the Fraud Loss Coverage Termination Date, (ii) Special Hazard Loss realized after the Special Hazard Coverage Termination Date or (iii) Bankruptcy Loss realized after the Bankruptcy Coverage Termination Date.

  • Economic loss means any economic detriment suffered by a victim as a direct and proximate result of the commission of an offense and includes any loss of income due to lost time at work because of any injury caused to the victim, and any property loss, medical cost, or funeral expense incurred as a result of the commission of the offense. "Economic loss" does not include

  • SF1-4 Intrinsic Loss Estimate means total losses under this Single Family Shared-Loss Agreement in the amount of eighteen million dollars ($18,000,000.00).

  • Data Loss Event any event that results, or may result, in unauthorised access to Personal Data held by the Processor under this Contract, and/or actual or potential loss and/or destruction of Personal Data in breach of this Contract, including any Personal Data Breach;

  • Cram Down Loss means, with respect to any Receivable (other than a Defaulted Receivable) as to which any court in any bankruptcy, insolvency or other similar Proceeding issues an order reducing the principal amount to be paid on such Receivable or otherwise modifies any payment terms with respect thereto, an amount equal to the amount of the principal reduction ordered by such court. A “Cram Down Loss” will be deemed to have occurred on the date of issuance of such court’s order.