Examples of Material Interruption in a sentence
Network Loss includes continuing normal operating expenses incurred (including payroll) and additional expenditure incurred for the purpose of minimizing the Material Interruption.
In the event of the Insurer being entitled to avoid this policy from the inception date or from the time of any variation in cover, the Insurer may at its discretion maintain this policy in full force, but exclude the consequences of any Claim, circumstance, Qualifying Breach of Data Security, breach of Data Protection Law, Newsworthy Event, Extortion Threat or Material Interruption relating to any matter which ought to have been disclosed before the inception date or before any variation in cover.
Adverse Publicity Any negative reporting of an Insured Event in local, regional or national media (including but not limited to radio, television, newspaper and/or magazines) which has potential to cause a Material Interruption.
Outsource Service Provider means an entity not owned, operated or controlled by an Insured that such Insured depends on to conduct its business Waiting Hours Period Means the number of hours set forth in item 7 of the Schedule that must elapse once a Material Interruption has begun before a Network Loss can begin to be incurred.
Any Claim, circumstance, Qualifying Breach of Data Security, breach of Data Protection Law, Newsworthy Event, Extortion Threat or Material Interruption arising out of, based upon or attributable to:(i).