Measurement of Loss. The recoverable Extra Expense loss will be the reasonable and necessary extra costs incurred by the Named Member of the following during the Period of Liability:
Measurement of Loss a) The recoverable Commissions, Profits And Royalties loss is the Actual Loss Sustained by the Insured of the following during the Period of Liability:
Measurement of Loss. 3.8.1 In the event of any loss or damage, the basis of loss settlement under this section shall be as follows:
Measurement of Loss. The recoverable LOSS OF RENTS loss is the Actual Loss Sustained by the Named Member of the following during the Period of Liability:
Measurement of Loss. In the event of such direct physical loss or physical damage, Insurers shall be liable for the actual loss sustained by the Insured resulting directly from such necessary interruption of business, but not exceeding the Sum Insured stated in the Risk Details due to:
Measurement of Loss. In the event of such insured direct physical loss or damage to a Insured Location, Insurers in the event of such direct physical loss or damage, shall be liable for the actual loss sustained by the Insured resulting directly from such necessary interruption of business, but not exceeding the reduction in Gross Earnings, as defined hereafter, less charges and expenses which are not necessary during the interruption of business, for a period not to exceed the Indemnity Period. Due consideration shall be given to the continuation of Normal charges and expenses, including payroll expenses, to the extent necessary to resume operations of the Insured with the same operational capability as existed immediately before the loss.
Measurement of Loss. In the event of such direct physical loss or physical damage, Insurers shall be liable for the actual loss sustained by the Insured resulting directly from such necessary interruption of business, but not exceeding the reduction in Gross Revenue, as defined hereafter, less charges and expenses which are not necessary during the interruption of business, for a period not to exceed Indemnity Period. Due consideration shall be given to the continuation of Normal charges and expenses, including payroll expenses, to the extent necessary to resume operations of the Insured with the same operational capability as existed immediately before the loss.
Measurement of Loss. In the event of such direct physical loss or damage, Insurers shall be liable for the actual loss sustained by the Insured resulting directly from such necessary untenantability, but not exceeding the reduction in Rental Income, as defined hereafter, less charges and expenses which are not necessary during the period of untenantability, for a period not to exceed the Indemnity Period.
Measurement of Loss. The recoverable Leasehold Interest incurred by the Insured of the following:
Measurement of Loss. The additional expenditure beyond that recoverable under the TIME ELEMENT, GROSS PROFITS COVERAGE necessarily and reasonably incurred to continue the operation of the Insured’s business as nearly as reasonably practicable during the Indemnity Period over and above the cost that would normally have been incurred to conduct the business during the same period had no loss or damage occurred.
