Indemnity Period definition

Indemnity Period means the period during which the results of the business are affected resulting from the occurrence beginning with the date of the accident causing injury but not exceeding the maximum indemnity period
Indemnity Period means the period beginning with the occurrence of the Insured Damage and ending no later than the number of months specified in the Schedule during which the results of the Business shall be affected in consequence of the Insured Damage.
Indemnity Period means the period during which the results of the business shall be affected in consequence of the occurrence discovery or accident beginning with the date from which the restrictions on the premises are applied (or in the case of (f) above with the date of occurrence) and ending not later than three months thereafter

Examples of Indemnity Period in a sentence

  • DEFINITIONS Indemnity Period: The period beginning with the occurrence of the Damage and ending not later than number of months specified inthe Schedule thereafter during which the results of the business is affected in consequence of Damage to the Premises caused by Fire & Allied Perils.

  • The maximum Indemnity Period provided under this extension is 4 weeks.

  • We will deduct, from any amount payable, any savings during the Indemnity Period in respect of Charges and expenses payable out of Weekly Income as may cease, or be reduced, in consequence of the Damage.

  • 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.

  • If Turnover is being derived from goods sold or services rendered elsewhere than at the Premises, then this turnover must be included in calculating the Turnover during the Indemnity Period.


More Definitions of Indemnity Period

Indemnity Period has the meaning specified in Section 10.1.
Indemnity Period has the meaning set forth in Section 7.1.
Indemnity Period means the period beginning with the occurrence of the Damage during which the results of the Business are affected by the Damage and ending at the expiration of the maximum period specified in the current Schedule or, in the case of Weekly Revenue, ending at the earliest of either the expiration of the maximum period specified in the Schedule or when Weekly Revenue during that period equals or exceeds 95% of Standard Weekly Revenue.
Indemnity Period the period beginning with the occurrence of a peril insured against and ending no later than 12 months thereafter during which the results of the business shall be affected in consequence of the destruction or damage by a peril insured against, except that if media for, or programming records pertaining to; electronic data processing or electronically controlled equipment including data thereon be destroyed or damaged by a peril insured against then the “indemnity period" in respect thereof shall not extend beyond:
Indemnity Period means the applicable period with respect to which a representation, warranty, covenant or agreement survives the Closing as provided in this Section. No claim for indemnification, other than with respect to fraud or intentional and willful breach or misrepresentation, may be asserted after the expiration of the Indemnity Period. Notwithstanding anything herein to the contrary, any representation, warranty, covenant and agreement which arises and is the subject of a Claim which is asserted in writing prior to the expiration of the applicable Indemnity Period shall survive with respect to such Claim or any dispute with respect thereto until the final resolution thereof.
Indemnity Period means the period beginning with occurrence of the Damage and ending not later than 12(twelve) months thereafter during which the results of Your business shall be affected in consequence of the Damage.
Indemnity Period means any period of one (1) year starting on 1 December in each year;