Non-Renewal of Coverage Sample Clauses

Non-Renewal of Coverage. The Insurer is under no obligation to renew the Policy upon its expiration. If the Insurer elects to non-renew the Policy, the Insurer will deliver or mail to the Named Insured written notice stating such at least sixty (60) days prior to the Policy’s expiration date, as stated in Item 2. on the Declarations page. The offering of terms and conditions different from the expiring terms and conditions, including limits of liability, retention or premium, will not constitute a refusal to renew or a cancellation of the Policy.
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Non-Renewal of Coverage. The Insurer is under no obligation to renew the policy upon its expiration. If the Insurer elects to non-renew the policy, the Insurer will deliver or mail to the Named Insured written notice stating such at least 90 days prior to the policy’s expiration date, as stated in Item 3. of the Declarations. The offering of terms and conditions different from the expiring terms and conditions, including limits of liability, retention or premium, will not constitute a refusal to renew or a cancellation of the policy. EXTENDED REPORTING PERIOD A. Automatic Extended Reporting Period Effective upon the date of expiration or cancellation of the policy for any reason other than nonpayment of premium, the Named Insured will automatically be provided a period of 60 days in which to give written notice to the Insurer of Claims or First Party Incidents first made against the Insured during the Policy Period or the Automatic Extended Reporting Period for an act, error, omission, incident or event that takes place prior to the end of the Policy Period.
Non-Renewal of Coverage. The Insurer is under no obligation to renew the policy upon its expiration. If the Insurer elects to non-renew the policy, the Insurer will deliver or mail to the Named Insured written notice stating such at least ninety (90) days prior to the policy’s expiration date, as stated in Item 3. of the Declarations. The offering of terms and conditions different from the expiring terms and conditions, including limits of liability, retention or premium, will not constitute a refusal to renew or a cancellation of the policy. CONDITIONS A. Change in Control If, during the Policy Period, the Named Insured consolidates with, merges into, or sells all or substantially all of its assets to another entity, or if any entity acquires the Named Insured, then the policy will remain in full force but only with respect to any Occurrence that takes place prior to the date of the consolidation, merger, sale or acquisition of the Named Insured. The above provision may be waived in writing by the Insurer. B. Action Against the Insurer No action may be brought against the Insurer unless, as a condition precedent thereto, (1) the Insured has fully complied with all of the terms, conditions and other provisions of the policy, and (2) the amount of the Insured’s obligation to pay has been finally determined, either by judgment against the Insured after a trial and appeal or by written agreement by the claimant, Insured and Insurer. No person or entity will have the right under the policy to (1) join the Insurer or its agents and representatives as a defendant, co-defendant or other party in any action against the Insured to determine the Insured’s liability or

Related to Non-Renewal of Coverage

  • Renewal of Contract If a Board representative does not inform the Superintendent in writing on or before the seventh day after the regular December board meeting of the Board’s intention to consider the nonrenewal or amendment of this contract, the contract will automatically renew for a period of one year from and after the expiration date provided in Section 1 of this contract. The Superintendent shall remind the Board in writing of this provision no later than its regular November meeting of each year of this contract and shall make the renewal of his employment contract an agenda item for the regular December board meeting during each year of this contract. At the time of each contract renewal and/or amendment, the Superintendent shall be responsible for taking all necessary steps to insure that the district has complied with the Superintendent Pay Transparency Act.

  • Renewal of Agreement This agreement does not automatically renew, and residence in UCF DHRL residence facilities during one agreement period does not guarantee that residence accommodations will be offered to the Student for any following periods. The Student is solely responsible for the timely completion of housing agreements for future periods. UCF DHRL housing agreements shall not be re-offered to residents who are unwilling to adhere to the basic elements of good housekeeping, and community living. UCF DHRL housing agreements shall not be re-offered to residents who disregard or violate rules, regulations, or policies established for governing UCF DHRL residential facilities. Finally, housing agreements shall not be re-offered to residents who have outstanding charges from UCF DHRL.

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