Interruption of business definition

Interruption of business means the period of time that your business is partially or totally suspended and it:
Interruption of business means, among other things, a slowdown or cessation of the insured’s business:
Interruption of business means business interruption caused by

Examples of Interruption of business in a sentence

  • Interruption of business; except to the extent provided by this section.

  • The New Directors are oriented about the Company and its operations through the Company Secretary via the provision of the Company‟s Articles of Association, relevant statutory books and regulations and adequate information on operations.

  • Neither party shall be liable to the other for any loss of profits, loss of use, Interruption of business, or indirect, special, incidental, or consequential damages of any kind in connection with or arising out of the furnishing, performance, or use of the Equipment provided for in this Agreement, whether alleged as a breach of contract or tortuous conduct.

  • Interruption of business activities METRO’s business operations could, for example, be interrupted by a failure of IT systems, natural disasters, pandemics or terrorist attacks.

  • Interruption of business activitiesMETRO faces both significant external cyber-attack threats and internal risks to its data and software systems.

  • Interruption of business caused by an order from a civil authority (“Civil Authority” coverage) (Exhibit A, p.

  • Examples of disasters include, but are not limited to: o Severe damage from a tornado o Extensive damage from fire or flooding to multiple buildings o Interruption of business due to pandemic illness In many cases there is overlap between a crisis, emergency and disaster depending on the timing and duration of the events.

  • Interruption of business processes denotes a situation in which the bank is incapable of fulfilling its business obligations for reasons beyond its control, or in cases when the bank is physically damaged or there is damage in its telecommunications, i.e. its IT systems are inaccessible.

  • Interruption of business carried on by the insured, or reduction of the scope of business so carried on.2. Incurring unforeseen expense.3. Financial loss of the insured involving neither of the above.

  • Interruption of business could result in increased costs and operational inefficiencies, producing a net reduction in profits to for-hire entities despite a potentially unchanged number of total fishing trips and associated revenue.


More Definitions of Interruption of business

Interruption of business means disruption of regular business operations resulting from required or voluntary closure related to COVID-19.

Related to Interruption of business

  • Interruption means a reduction in non-firm transmission service due to economic reasons pursuant to Tariff, Part II, section 14.7.

  • Interruption of irradiation means the stopping of irradiation with the possibility of continuing irradiation without resetting of operating conditions at the control panel.

  • Service Interruption means the cessation of electricity supply to an ICP for a period of 1 minute or longer, other than by reason of De-energisation of that ICP:

  • Interruption Period shall have the meaning set forth in Section 5 hereof.

  • Planned Service Interruption means a Service Interruption that has been scheduled to occur in accordance with schedule 5;

  • Unplanned Service Interruption means any Service Interruption where events or circumstances prevent the timely communication of prior warning or notice to the Trader or any affected Customer;

  • Interruptible means that either party may interrupt its performance at any time for any reason, whether or not caused by an event of Force Majeure, with no liability, except such interrupting party may be responsible for any Imbalance Charges as set forth in Section 4.3 related to its interruption after the nomination is made to the Transporter and until the change in deliveries and/or receipts is confirmed by Transporter.

  • Services Interruption Event means any interruption to a Works caused by; a Force Majeure Event, the Customer’s failure to carry out or perform any obligation required of it under this agreement which in the sole opinion of the Company does or may cause a delay in the Works and any other matter which in the reasonable opinion of the Company will cause an interruption or delay in the performance of the Works;

  • Continuous monitoring means the collection and use of measurement data and other information to record the data inputs required to calculate the 365-day rolling average lifecycle GHG emissions, in accordance with the compliance monitoring plan described in section IV.C.

  • Accident or Accidental means a sudden, unforeseen and involuntary event caused by external, visible and violent means.

  • Continuous monitoring system means the total equipment, required under the emission monitoring section in applicable subsections used to sample and condition (if applicable), to analyze, and to provide a permanent record of emissions or process parameters.

  • Continuous emissions monitoring system or “CEMS” means all of the equipment that may be required to meet the data acquisition and availability requirements of this chapter, to sample, to condition (if applicable), to analyze, and to provide a record of emissions on a continuous basis.

  • Disruption , as used in this part, means the cost effect upon, or the increased cost of performing, the unchanged work due to a change to the contract.

  • Interruptible Service means service from approved contracts under which Company is not expressly obligated to deliver specific volumes within a given time period, and which anticipates and permits interruption on short notice, or service under approved contracts which expressly or impliedly require installation of altemate fuel capability.

  • Substantial business relationship means the extent of a business relationship necessary under applicable state law to make a guarantee contract issued incident to that relationship valid and enforceable. A guarantee contract is issued "incident to that relationship" if it arises from and depends on existing economic transactions between the guarantor and the owner or operator.

  • Continuous parameter monitoring system or "CPMS" means all of the equipment necessary to meet the data acquisition and availability requirements of this article, to monitor process and control device operational parameters (for example, control device secondary voltages and electric currents) and other information (for example, gas flow rate, O2 or CO2 concentrations), and to record average operational parameter value(s) on a continuous basis.

  • Alarm business means the business by any individual, partnership, corporation, or other entity of selling, leasing, maintaining, servicing, repairing, altering, replacing, moving or installing any alarm system or causing to be sold, leased, maintained, serviced, repaired, altered, replaced, moved or installed any alarm system in or on any building, structure or facility.

  • Relevant Force Majeure Event means a Force Majeure Event in relation to which an Affected Party is claiming relief under this Clause 17; and

  • Substantial disruption means without limitation that any one or more of the following occur as a result of the bullying:

  • Auto business means the business or occupation of selling, repairing, servicing, storing or parking "autos".

  • Material Damage and "Materially Damaged" means damage which, in Seller's reasonable estimation, exceeds $200,000.00 to repair or which, in Seller's reasonable estimation, will take longer than ninety (90) days to repair.

  • Continuous emissions monitoring system (CEMS means all of the equipment that may be required to meet the data acquisition and availability requirements of this section, to sample, condition (if applicable), analyze, and provide a record of emissions on a continuous basis.

  • Operations means all the activities conducted by PURCHASER under this contract, including project work, logging, or post harvest activities; or the furnishing of all materials, equipment, labor, and incidentals necessary to successfully complete any individual item or the entire contract.

  • Continuous parameter monitoring system (CPMS means all of the equipment necessary to meet the data acquisition and availability requirements of the Prevention of Significant Deterioration program, to monitor process and control device operational parameters (for example, control device secondary voltages and electric currents) and other information (for example, gas flow rate, O2 or CO2 concentrations), and to record average operational parameter value(s) on a continuous basis.

  • Micro Business means a company which either:

  • Business has the meaning set forth in the Recitals.