Common use of Business Interruption Clause in Contracts

Business Interruption. Business interruption insurance (extra expense/loss of income insurance) in an amount sufficient to cover any loss of income from the Timeshare Project in an amount of not less than actual loss sustained for a period of twelve (12) months.

Appears in 6 contracts

Sources: Loan Agreement (BBX Capital Corp), Loan and Security Agreement (BBX Capital Corp), Loan and Security Agreement (BBX Capital Corp)

Business Interruption. Business interruption insurance (extra expense/loss of income insurance) in an amount sufficient to cover any loss of income from the Timeshare Project Property in an amount of not less than actual loss sustained for a period of twelve (12) months.

Appears in 2 contracts

Sources: Acquisition Loan and Security Agreement (BBX Capital Corp), Acquisition Loan and Security Agreement (Bluegreen Vacations Corp)

Business Interruption. Business interruption insurance (extra expense/loss of income insurance) in an amount sufficient to cover any loss of income from the Timeshare Project in an amount of not less than actual income loss sustained for a period of twelve (12) months. This coverage shall be in effect from the date of Substantial Completion of the Project.

Appears in 1 contract

Sources: Construction Loan Agreement (Owens Realty Mortgage, Inc.)

Business Interruption. Business interruption insurance (extra expense/loss of income insurance) in an amount sufficient to cover any loss of income from the Timeshare Project Property in an amount of not less than actual loss sustained for a period of twelve (12) months.. BN 72497947v7

Appears in 1 contract

Sources: Loan and Security Agreement (Bluegreen Vacations Holding Corp)