Common use of Direct Pay Terminations Clause in Contracts

Direct Pay Terminations. The CONTRACTOR must provide One thousand ($1,000) dollars per BUSINESS DAY for which the standard is not met written notification to the DEPARTMENT within five (5) BUSINESS DAYS of receiving notice of cancellation from the SUBSCRIBER or within one (1) month of the effective date of termination due to non- payment of premium, whichever occurs first. (See Section 250.)

Appears in 1 contract

Samples: etf.wi.gov

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Direct Pay Terminations. The CONTRACTOR must provide written One thousand ($1,000) dollars per BUSINESS DAY for which the standard is not met written notification to the DEPARTMENT within five (5) BUSINESS DAYS of receiving dollars per BUSINESS notice of cancellation from the SUBSCRIBER or within one (1) month of the DAY for which the effective date of termination due to non- non-payment of premium, whichever occurs standard is not met first. (See Section 250III.B.2. PREMIUM Payments from the DEPARTMENT.)

Appears in 1 contract

Samples: etf.wi.gov

Direct Pay Terminations. The CONTRACTOR must provide written notification One thousand ($1,000) dollars per BUSINESS DAY for which the standard is not met written notification to the DEPARTMENT within five (5) BUSINESS DAYS of receiving notice of dollars per BUSINESS cancellation from the SUBSCRIBER or within one (1) month of the effective date DAY for which the of termination due to non- non-payment of premium, whichever occurs first. (See standard is not met Section 250III.B.2.)

Appears in 1 contract

Samples: etf.wi.gov

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Direct Pay Terminations. The CONTRACTOR must provide One thousand ($1,000) dollars per BUSINESS DAY for which the standard is not met written notification to the DEPARTMENT within five (5) BUSINESS DAYS of receiving notice of cancellation from the SUBSCRIBER or within one (1) month of the effective date of termination due to non- payment of premium, whichever occurs first. (See Section 250255.)) One thousand ($1,000) dollars per DAY for which the standard is not met 315E Other‌ Performance Standards Penalties

Appears in 1 contract

Samples: etf.wi.gov

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