Month Coverage Sample Clauses

Month Coverage. The Board provided insurance shall be for twelve (12) consecutive months, except that Teachers who terminate their employment or who are released, dismissed or non-renewed from District employment shall remain insured to August 31 of the last year of teaching only, at which time they shall have the option of exercising their COBRA rights. The dismissal of a Teacher for cause under 105 ILCS 5/24-12 shall result in termination of coverage on the last day of the month in which the notice of dismissal is issued, at which time such a Teacher shall have the option of exercising his or her COBRA rights.

Related to Month Coverage

  • Premiums The premiums for insurance policies required pursuant to this Article must be paid as a common expense by the Owners' Association.

  • Insurance Coverage The Company and each Subsidiary maintains in full force and effect insurance coverage that is customary for comparably situated companies for the business being conducted and properties owned or leased by the Company and each Subsidiary, and the Company reasonably believes such insurance coverage to be adequate against all liabilities, claims and risks against which it is customary for comparably situated companies to insure.

Time is Money Join Law Insider Premium to draft better contracts faster.