Common use of Cancellation by the Program for Failure to Provide Information Clause in Contracts

Cancellation by the Program for Failure to Provide Information. The Program may cancel a Contract immediately and charge a Termination Fee, if: a. The Purchaser fails to provide within 90 days of a written request from the Board any reasonable information relating to a Contract. b. The Purchaser fails to provide a valid Social Security Number or Taxpayer Identification Number for the Beneficiary within six months after the date a Contract is accepted. c. The initial payment in either a Lump Sum or Monthly Purchase option is dishonored. d. The Purchaser fails to comply with the terms of the Contract (other than failure to make a Monthly Purchase Amount payment by the monthly due date) and does not correct such failure within the time period provided in this Master Agreement.

Cancellation by the Program for Failure to Provide Information. The Program may cancel a Contract immediately and charge a Termination Fee, if: a. The Purchaser fails to provide within 90 days of a written request from the Board any reasonable information relating to a Contract. b. The Purchaser fails to provide a valid Social Security Number or Taxpayer Identification Number number for the Beneficiary within six months after the date a Contract is accepted. c. The initial payment in either a Lump Sum or Monthly Purchase option is dishonored. d. The Purchaser fails to comply with the terms of the Contract (other than failure to make a Monthly Purchase Amount payment by the monthly due date) and does not correct such failure within the time period provided in this Master Agreement.

Cancellation by the Program for Failure to Provide Information. The Program may cancel a Contract immediately and charge a Termination Fee, if: a. The Purchaser fails to provide within 90 days of a written request from the Board any reasonable information relating to a Contract. b. The Purchaser fails to provide a valid Social Security Number or Taxpayer Identification Number number for the Beneficiary within six months after the date a Contract is accepted. c. The initial payment in either a Lump Sum or Monthly Purchase option is dishonored. d. The Purchaser fails to comply with the terms of the Contract (other than failure to make a Monthly Purchase Amount payment by the monthly due date) and does not correct such failure within the time period provided in this Master Agreement.