Common use of MEASURE OF RECOVERY Clause in Contracts

MEASURE OF RECOVERY. This insurance, subject to the limit of the amounts of insurance as stated in the Declarations Page(s), is limited to loss of Gross Profit due to (a) Reduction in Turnover and (b) Increase in Cost of Working and the amount payable shall be:

Appears in 4 contracts

Sources: Business Interruption Insurance Profits Endorsement, Business Interruption Insurance Profits Endorsement, Business Interruption Insurance Profits Endorsement

MEASURE OF RECOVERY. This insurance, subject to the limit of the amounts of insurance as stated in the Declarations Page(s)Declarations, is limited to loss of Gross Profit “gross profit" due to (a) Reduction in Turnover and (b) Increase in Cost of Working and the amount payable shall be:

Appears in 2 contracts

Sources: Indemnity Agreement, Indemnity Agreement