Posts Tagged ‘Turnover/Output Clause’

It is agreed that in the event of a claim arising under this section, adjustment may be based on “turnover or output” or whatever other index of business activity affords the insured the most equitable result and except in the definition of turnover, the world “ wherever used in this policy shall read as “turnover” or output. Output shall mean sale ... Full story

It is agreed that in the event of a claim arising under this section, adjustment may be based on ‘turnover or output’ or whatever other index of business activity affords the most equitable result and except in the definition of turnover the word ‘turnover’ wherever used in this policy shall mean sale value of goods manufactured by, or sold by, the ... Full story