Extra Expenses definition

Extra Expenses means the reasonable and necessary expenses incurred by the “Insured” during the “Period of Restoration” to minimize, avoid or reduce an “Interruption of Service”, provided that such expenses are over and above the “Insured’s” normal operating and payroll expenses and do not exceed the amount of loss that otherwise would have been payable as “Business Income Loss” or “Dependent Business Income Loss”. “Extra Expenses” does not include:
Extra Expenses means expenses you incur during the period of indemnity, other than
Extra Expenses means reasonable and necessary costs and expenses incurred in order to minimize or mitigate Network Deterioration or a Malicious Attack on the Insured’s Computer Systems, including public relations services to restore the Insured’s reputation following Network Deterioration or a Malicious Attack. This does not include:

Examples of Extra Expenses in a sentence

  • N E W V E H I C L E L I M I T E D W A R R A N T Y Disclaimer of Extra Expenses and Damages The performance of necessary repairs and adjustments is the exclusive remedy under this warranty or any implied warranty.

  • The payment of such Malicious Attack costs and associated Extra Expenses is subject to the Company’s prior written consent.

  • Plaintiff alleges that it suffered a “direct physical loss of or damage to” its beer.If Plaintiff properly alleges the general requirement of “direct physical loss of or damage to Covered Property” (i.e., the beer), then it may also be entitled to payments under the Business Income and Extra Expenses Endorsement and the Accounts Receivable Endorsement.

  • Are Extra Expenses to be insured AND included in your Business Income Limit of Insurance?If YES, ADD Extra Expenses incurred to avoid or minimize suspension of business and continue operations.

  • The Retentions, shown in the Schedule of this endorsement, apply to Cyber Management Expenses, Damages, Credit Monitoring Costs, Claim Expenses, Extortion Payments, Business Income and Extra Expenses or First Party Loss incurred in each Network Security Breach, Privacy Violation, Interrelated Breaches/Violations, Extortion Demand, Exploit or Network Impairment.


More Definitions of Extra Expenses

Extra Expenses means the necessary and reasonable expenses incurred by the Insured Entityduring the Period of Recovery to:
Extra Expenses means reasonable expenses an Insured incurs in an attempt to continue Operations that are over and above the expenses such Insured would have normally incurred. Extra Expenses do not include any costs of updating, upgrading or remediation of an Insured’s System that are not otherwise covered under this policy.
Extra Expenses means the excess (if any) of the total cost during the restoration period for the purpose of continuing the Insured's business over and above the total cost that would normally have been incurred to conduct the business during the same period had no loss occurred. This will include the cost of using the property of others or other similar necessary emergency expenses. Any salvage value of such property remaining after resumption of normal operations shall be taken into consideration in the adjustment of any insured loss.
Extra Expenses means additional and reasonable costs the Insured would otherwise not have incurred, but for the happening of an event insured against under this Policy, in order to complete project/production in substantially the same manner as originally scheduled
Extra Expenses means reasonable and necessary costs and expenses incurred in order to minimize or mitigate Network Deterioration or a Malicious Attack on the Insured’s Computer Systems, including Computer Forensic Costs and public relations services to restore the Insured’s reputation following Network Deterioration or a Malicious Attack. The maximum amount payable by the Company for public relations services to restore the Insured’s reputation for each Policy Period is subject to the Crisis Management Expenses sublimit stated on the Declarations regardless of the number of incidents reported. This does not include:
Extra Expenses means expenses you incur during the period of indemnity, other thanexpenses to reduce loss, that would not have been incurred but for a material interruption.
Extra Expenses means the excess (if any) of the total cost during the period of restoration for the purpose of continuing the Insured’s business over and above the total cost that would normally have been incurred to conduct the business during the same period had no loss occurred. The cost in each case to include expense of using other property or facilities of other concerns or other similar necessary emergency expenses.