Standard Gross Revenue definition

Standard Gross Revenue means the Gross Revenue during that period in the twelve months immediately before the date of the Damage that corresponds with the Indemnity Period.
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Standard Gross Revenue means the anticipated total amount of Revenue due to the Insured at the commencement of the Period of Insurance which amount shall be adjusted as necessary to take account of any circumstances affecting the Business such that the amount so adjusted represents as nearly as may be reasonably practicable the results that would have been obtained had the Business not been interrupted or interfered with.
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Standard Gross Revenue means the Gross Revenue during that period in the twelve months immediately before the date of the Damage which corresponds with the Indemnity Period, to which such adjustments shall be made as may be necessary to provide for the trend of the Business and for variations in or other circumstances affecting the Business either before or after the damage or which would have affected the Business had the Damage not occurred, so that the figures thus adjusted shall represent as nearly as may be reasonably practicable the results which but for the Damage would have been obtained during the relative period after the Damage.
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Examples of Standard Gross Revenue in a sentence

  • The amount by which the Gross Revenue during the Indemnity Period shall in consequence of the damage fall short of the Standard Gross Revenue.

  • Standard Gross Revenue The Gross Revenue during the period in the 12 months immediately before the date of the Damage which corresponds with the Indemnity Period.

  • Standard gross revenue Standard Gross Revenue means the Gross Revenue during that period in the twelve (12) months immediately before the date of the Breakdown which corresponds with the Indemnity Period.

  • The Standard Gross Revenue may be adjusted to reflect any trends or circumstances which:(a) affect the Business before or after the Damage(b) would have affected the Business had the Damage not occurred.

  • Standard Turnover, Standard Gross Revenue or Standard Gross Fees The Turnover, Gross Revenue or Gross Fees which would have been obtained during the Indemnity Period, if the Damage had not occurred and allowing for trends of the Business or circumstances which would have affected the Business irrespective of the Damage occurring.

  • NOTE: For the purpose of any claim arising from an Event occurring before the completion of the first year’s trading of the Business, the term Standard Gross Revenue shall be defined as follows and not as stated above.

  • The amount by which the Gross Revenue during t he Indemnity Period shall in consequence of the damage fall short of the Standard Gross Revenue.

  • Standard Gross Revenue The Gross Revenue during that period corresponding with the Indemnity Period in the 12 months immediately before the date of an Event, appropriately adjusted where the Indemnity Period exceeds 12 months.

  • Standard Gross Revenue The Gross Revenue realised during the period between the date of the commencement of the Business and the date of an Event, appropriately adjusted where such period is less than the Indemnity Period.

  • Standard Turnover or Standard Gross Revenue means the Turnover or Gross Revenue which would have been obtained during the Indemnity Period, if the Cyber Business Interruption Event had not occurred and allowing for trends of the Business or circumstances which would have affected the Business irrespective of the Cyber Business Interruption Event occurring.


More Definitions of Standard Gross Revenue

Standard Gross Revenue means the gross revenue during that period in twelve months immediately before the date of insured event which corresponds with the indemnity period to which such adjustments shall be made as may be necessary to provide for the trend of the business and for variations in or other circumstances affecting the business either before or after the insured event or which would have affected the business had the insured event not occurred, so that the figures thus adjusted shall represent as nearly as may be reasonably practicable the results which but for the insured event would have been obtained during the relative period after the insured event.
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Standard Gross Revenue means the proportional equivalent for a period equal to the Indemnity Period of the Gross Revenue realised during the period between the commencement of the Business and the date of the Incident
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Related to Standard Gross Revenue

  • Gross Revenue means all of the earnings and revenues received by the RECIPIENT from the maintenance and operation of the Utility and all earnings from the investment of money on deposit in the Loan Fund, except (i) Utility Local Improvement Districts (ULID) Assessments, (ii) government grants, (iii) RECIPIENT taxes, (iv) principal proceeds of bonds and other obligations, or (v) earnings or proceeds (A) from any investments in a trust, Defeasance, or escrow fund created to Defease or refund Utility obligations or (B) in an obligation redemption fund or account other than the Loan Fund until commingled with other earnings and revenues of the Utility or (C) held in a special account for the purpose of paying a rebate to the United States Government under the Internal Revenue Code.

  • Gross Revenues means all amounts actually collected as rents or other charges for the use and occupancy of the Properties, but shall exclude interest and other investment income of Owner and proceeds received by Owner for a sale, exchange, condemnation, eminent domain taking, casualty or other disposition of assets of Owner.

  • Net Revenue means an entity’s total revenue less its operating expenses, interest paid, depreciation, and taxes. “Net Revenue” is synonymous with “Profit.”

  • Operating Costs means the incremental expenses incurred by the Recipient on account of Project implementation, management, and monitoring, including for office space rental, utilities, and supplies, bank charges, communications, vehicle operation, maintenance, and insurance, building and equipment maintenance, advertising expenses, travel and supervision, salaries of contractual and temporary staff, but excluding salaries, fees, honoraria, and bonuses of members of the Recipient’s civil service.

  • Marketing Costs which means such reasonable charge for marketing of ores and concentrates sold or of concentrates tolled as is consistent with generally accepted industry marketing practices;