Common use of Novation to State Health Plan Clause in Contracts

Novation to State Health Plan. You agree that we shall have the unqualified right, which may be exercised in our sole and absolute discretion, to novate this Agreement, along with all of our rights and obligations hereunder, to the State Health Plan on or after January 1, 2022. We will give you no fewer than ninety (90) days’ prior Written Notice of any such novation that specifies the effective date of the novation and, with such notice, we will provide you with a revised form of this Agreement that (a) replaces all references to Blue Cross and Blue Shield of North Carolina with references to the State Health Plan and/or its Third Party Administrator, (b) otherwise eliminates any and all reference to the “Blue Cross” and/or “Blue Shield” marks, and (c) removes and/or modifies any provisions that are not applicable to the State Health Plan. You agree that this Agreement will be deemed amended – without the need for any further action by any party – as of the effective date of the novation to encompass such changes to this Agreement and that such amendment shall be a condition precedent to the effectiveness of such novation.

Novation to State Health Plan. You agree that we shall have the unqualified right, which may be exercised in our sole and absolute discretion, to novate this Agreement, along with all of our rights and obligations hereunder, to the State Health Plan on or after January 1, 2022. We will give you no fewer than ninety (90) days’ prior Written Notice of any such novation that specifies the effective date of the novation and, with such notice, we will provide you with a revised form of this Agreement that that (a) replaces all references to Blue Cross and Blue Shield of North Carolina with references to the State Health Plan and/or its Third Party Administrator, (b) otherwise eliminates any and all reference to the “Blue Cross” and/or “Blue Shield” marks, and (c) removes and/or modifies any provisions that are not applicable to the State Health Plan. You agree that this Agreement will be deemed amended – without the need for any further action by any party – as of the effective date of the novation to encompass such changes to this Agreement and that such amendment shall be a condition precedent to the effectiveness of such novation.