Initial Effective Date. The initial effective date of coverage under the Group Insurance Program is the thirty-fifth (35th) day following the employee's first day of employment, re- hire, or reinstatement with the State. The initial effective date of coverage for an employee whose eligibility has changed is the date of the change. An employee must be actively at work on the initial effective date of coverage, except that an employee who is on paid leave on the date State-paid life insurance benefits increase is also entitled to the increased life insurance coverage. In no event shall an employee's dependent's coverage become effective before the employee's coverage. If an employee is not actively at work due to employee or dependent health status or medical disability, medical and dental coverage will still take effect. (Life and disability coverage will be delayed until the employee returns to work.)
Initial Effective Date. The initial effective date of coverage under the Group Insurance Program is the first day of the month following the first day of employment. An employee must be actively at work on the initial effective date of coverage or the effective date will be delayed until the first day of the pay period the employee is actively at work. In no event shall an employee's family coverage become effective before the employee's coverage. If an employee is not actively at work due to employee or dependent health status or medical disability, medical and dental coverage will still take effect. (Life and disability coverage will be delayed until the employee returns to work.) If an employee is on paid leave on the date University paid life insurance benefits would otherwise increase, the employee will receive the increased life insurance coverage on that date.
Initial Effective Date. The initial effective date of coverage under the Group Insurance Program is the thirty-fifth (35th) day following the ASF Member's first day of employment, re-employment re-hire, or reinstatement with the State. The initial effective date of coverage for an ASF Member whose eligibility has changed is the date of the change. An ASF Member must be actively at work on the initial effective date of coverage, except that an ASF Member who is on paid leave on the date State-paid life insurance benefits increase is also entitled to the increased life insurance coverage. In no event shall an ASF Member's dependent's coverage become effective before the ASF Member's coverage. If an ASF Member is not actively at work due to ASF Member or dependent health status or medical disability, medical and dental coverage will still take effect. (Life and disability coverage will be delayed until the ASF Member returns to work.)
Initial Effective Date. The initial effective date of coverage under the Group Insurance Program is the thirty-fifty (35th) day following the supervisor's first day of employment, re- hire, or reinstatement with the State. The initial effective date of coverage for a supervisor whose eligibility has changed is the date of the change. A supervisor must be actively at work on the initial effective date of coverage, except that a supervisor who is on paid leave on the date State-paid life insurance benefits increase is also entitled to the increased life insurance coverage. In no event shall a supervisor's dependent's coverage become effective before the supervisor's coverage. If a supervisor is not actively at work due to supervisor or dependent health status or medical disability, medical and dental coverage will still take effect. (Life and disability coverage will be delayed until the supervisor returns to work.)
Initial Effective Date. The initial effective date of coverage under the Group Insurance Program is the thirty-fifth (35th) day following the teacher’s first day of employment, re- hire, or reinstatement with the State. The initial effective date of coverage for a teacher whose eligibility has changed is the date of the change. A teacher must be actively at work on the initial effective date of coverage, except that a teacher who is on paid leave on the date State-paid life insurance benefits increase is also entitled to the increased life insurance coverage. In no event shall a teacher’s dependent's coverage become effective before the teacher’s coverage. If a teacher is not actively at work due to teacher or dependent health status or medical disability, medical and dental coverage will still take effect. (Life and disability coverage will be delayed until the teacher returns to work.)
Initial Effective Date. The initial effective date of coverage under the Group Insurance Program is the first day of the first payroll period beginning on or after the twenty-eighth (28th) calendar day following the employee's first day of employment, re-employment, re-hire, or reinstatement with the University. An employee must be actively at work on the initial effective date of coverage, except that an employee who is on paid leave on the date University-paid life insurance benefits increase is also entitled to the increased life insurance coverage. In no event shall an employee's dependent coverage become effective before the employee's coverage. If an employee is not actively at work due to employee or dependent health status or medical disability, medical and dental coverage will still take effect. (Life and disability coverage will be delayed until the employee returns to work.)
Initial Effective Date. The initial effective date of coverage under the Group Insurance Program is the thirty-fifth (35th) day following the nurse's first day of employment, re-hire, or reinstatement with the State. The initial effective date of coverage for an employee whose eligibility has changed is the date of the change. A nurse must be actively at work on the initial effective date of coverage, except that a nurse who is on paid leave on the date State-paid life insurance benefits increase is also entitled to the increased life insurance coverage. In no event shall a nurse's dependent's coverage become effective before the nurse's coverage. If a nurse is not actively at work due to nurse or dependent health status or medical disability, medical and dental coverage will still take effect. (Life and disability coverage will be delayed until the nurse returns to work.)
Initial Effective Date. This Agreement shall become effective on the date that each of the following conditions shall have been satisfied (or waived in accordance with Section 9.05(a)):
(a) receipt by the Administrative Agent of counterparts hereof signed by each of the parties hereto (or, in the case of any party as to which an executed counterpart shall not have been received, receipt by the Administrative Agent in form satisfactory to it of facsimile or other written confirmation from such party of execution of a counterpart hereof by such party);
(b) receipt by the Administrative Agent of (i) an opinion of internal counsel of each Borrower, substantially in the form of Exhibit B hereto and (ii) an opinion of Xxxxxxxx, Xxxxxxxx & Xxxxxx, P.A., special counsel for the Borrowers, substantially in the form of Exhibit C hereto, and, in each case, covering such additional matters relating to the transactions contemplated hereby as the Required Lenders may reasonably request;
(c) receipt by the Administrative Agent of a certificate signed by a Vice President, the Treasurer, an Assistant Treasurer or the Controller of the Company, dated the Initial Effective Date, to the effect set forth in clauses (c) and (d) of Section 3.03 (without giving effect to the parenthetical in such clause (d));
(d) receipt by the Administrative Agent of all documents it may have reasonably requested prior to the date hereof relating to the existence of the Borrowers, the corporate authority for and the validity of this Agreement and the Notes, and any other matters relevant hereto, all in form and substance satisfactory to the Administrative Agent;
(e) receipt by the Administrative Agent of evidence satisfactory to it that the upfront fees, arrangement fees, administrative agency fees and expenses payable by the Company and the Borrowers on the Initial Effective Date have been paid; and
(f) receipt by the Administrative Agent of evidence reasonably satisfactory to it that all principal of any loans outstanding under, and all accrued interest and fees under, the Existing Credit Agreement shall have been paid in full; provided that the Commitments shall not become effective unless all of the foregoing conditions are satisfied not later than December 31, 2011. The Administrative Agent shall promptly notify the Company and the Lenders of the Initial Effective Date, and such notice shall be conclusive and binding on all parties hereto.
Initial Effective Date. The initial effective date of coverage under the Group Insurance Program is the thirty-fifth (35th) day following the faculty member's first day of employment, re-hire, or reinstatement with the State. The initial effective date of coverage for a faculty member whose eligibility has changed is the date of the change. A faculty member must be actively at work on the initial effective date of coverage, except that a faculty member who is on paid leave on the date State-paid life insurance benefits increase is also entitled to the increased life insurance coverage. In no event shall a faculty member's dependent's coverage become effective before the faculty member's coverage. If a faculty member is not actively at work due to faculty member or dependent health status or medical disability, medical and dental coverage will still take effect. (Life and disability coverage will be delayed until the faculty member returns to work.)
Initial Effective Date. The term “Initial Effective Date” shall mean the date on which the Court enters the Approval Order.
