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By the gross

    0.01 sec.
by the quantity; at wholesale.

See also: Gross



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It says the insurer won't be liable for a greater proportion of any loss than the limit of liability (amount of insurance) bears to the amount produced by multiplying the contribution clause percentage (50%, 60%, 70% or 80%) by the gross earnings that would have been earned, had no loss occurred, during the 12 months immediately following the date of damage or destruction to the property.
Common pitfalls in business interruption insurance by Sprohge, Hans-Dieter / Journal of Accountancy
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