Extended Recovery Period definition

Extended Recovery Period means a fixed period of 180 days immediately following the end of the "period of restoration".
Sample 1Sample 2Sample 3
Extended Recovery Period means the period shown in the Declarations for Extended Recovery Period immediately following the end of the Period of Restoration.
Sample 1

Examples of Extended Recovery Period in a sentence

  • This suggests that uncertainty in the law is desirable insofar as it is a low-cost way to increase deterrence.

  • This outcome is also consistent with our prior determination that “[t]he purpose of the Extended Recovery Period is to provide additional coverage for the likely event that Duane Reade will continue to suffer losses due to its business interruption after it reopens the WTC store.” Duane Reade III, 411 F.3d at 393.

  • The panel found that Duane Reade’s Business Interruption loss for the WTC store for the restoration period was $9,728,052 and that the Extended Recovery Period loss for that store during an additional twelve-month period was $4,300,561.

  • Henry (June 19, 2006) at 1).and to assert contract and declaratory judgment claims based on the Leasehold Interest, Attraction Properties, and Contingent Business Interruption provisions of the Policy.The district court confirmed the appraisers’ award relating to the Business Interruption loss, but denied the portion of the award resulting from Duane Reade’s Extended Recovery Period loss at its WTC store.

  • Keeping in view the recommendation made by NIHFW a new SFC under NOTP has been prepared for continuation of the programme during 2021-2026 amounting to Rs. 426.61 Crore and is under consideration with the Ministry in consultation with NITI Aayog and Department of Expenditure.

  • In other words, ambiguity is present where the contractual language at issue is “reasonably susceptible to more than one reading.” Id. A plain reading of the Extended Recovery Period provision reveals no such ambiguity.

  • Upon declaration of a Disaster, CLIENT will have access to the Shell Facility for a period of up to nine (9) months (the "Extended Recovery Period").

  • We affirm the district court’s adjustment of the appraisal award so that it does not include the $4,300,561 in Extended Recovery Period loss.The appraisal panel’s award of interest The appraisal panel determined that Duane Reade was entitled to $2,395,045 in interest on its Business Interruption loss, as calculated through May 2006.

  • The district court denied this portion of the award because it found that Duane Reade has not “actually replaced” the WTC store and, therefore, “does not qualify for Extended Recovery Period losses at this time.” Id.Duane Reade appeals, arguing that the district court misconstrued this provision of the Policy.

  • CLIENT agrees that trained personnel of CLIENT, with appropriate levels of authority shall be temporarily located at the Shell Facility during the Extended Recovery Period to perform all CLIENT operations functions.

Related to Extended Recovery Period

  • Recovery Period means the three completed fiscal years immediately preceding the date that the Company is required to prepare the accounting restatement described in this Policy, all as determined pursuant to Rule 10D-1, and any transition period of less than nine months that is within or immediately following such three fiscal years.

  • Curtailment Period means the period of time during which Seller reduces generation from the Project, pursuant to a Curtailment Order. The Curtailment Period shall be inclusive of the time required for the Project to ramp down and ramp up; provided that such time periods to ramp down and ramp up shall be consistent with the Ramp Rate designated in the Cover Sheet.

  • Revolving Facility Termination Date means the earlier of (i) August 9, 2018, or (ii) the date that the Commitments have been terminated pursuant to Section 8.02.

  • Delivery Period means that period agreed in writing between the Parties in relation to Delivery of the Product or parts thereof by the Contractor, any delay in which shall be deemed a breach of this Agreement and entitle JOBURG MARKET to exercise its remedies in terms of this Agreement or at law.

  • Rapid Amortization Period means the Amortization Period commencing on the Pay Out Commencement Date and ending on the earlier to occur of (a) the Series 2001-D Termination Date and (b) the termination of the Trust pursuant to Section 12.01 of the Agreement.

  • Initial Period means the period from (and including) the Issue Date to (but excluding) the First Call Date;

  • Amortization Period means, with respect to any Series, or any Class within a Series, a period following the Revolving Period during which principal is distributed to Investor Certificateholders, which shall be the controlled amortization period, the principal amortization period, the rapid amortization period, or other amortization period, in each case as defined with respect to such Series in the related Supplement.