Payment of the Policy Charge. The Policy Charge is payable to us in advance by the Enrolling Group as described under "Payment of the Policy Charge" in Exhibit 1. The first Policy Charge is due and payable on or before the effective date of this Policy. Subsequent Policy Charges are due and payable no later than the first day of each payment period specified in item 6 of Exhibit 1, while this Policy is in force. All payments shall be made in United States dollars, in immediately available funds, and shall be remitted to us at the address set forth in the Enrolling Group's application, or at such other address as we may from time to time designate in writing. The Enrolling Group agrees not to send us payments marked "paid in full", "without recourse", or similar language. In the event that the Enrolling Group sends such a payment, we may accept it without losing any of our rights under this Policy and the Enrolling Group will remain obligated to pay any and all amounts owed to us. A late payment charge will be assessed for any Policy Charge not received by the due date. A service charge will be assessed for any non-sufficient-fund check received in payment of the Policy Charge. All Policy Charge payments must be accompanied by supporting documentation that states the names of the Covered Persons for whom payment is being made. The Enrolling Group must reimburse us for attorney's fees and any other costs related to collecting delinquent Policy Charges.
Appears in 1 contract
Samples: Group Policy
Payment of the Policy Charge. The Policy Charge is payable to us in advance by the Enrolling Group as described under "Payment of the Policy Charge" in Exhibit 1. The first Policy Charge is due and payable on or before the effective date of this Policy. Subsequent Policy Charges are due and payable no later than the first day of each payment period specified in item 6 of Exhibit 1, while this Policy is in force. All payments shall be made in United States dollars, in immediately available funds, and shall be remitted to us at the address set forth in the Enrolling Group's application, or at such other address as we may from time to time designate in writing. The Enrolling Group agrees not to send us payments marked "paid in full", "without recourse", or similar language. In the event that the Enrolling Group sends such a payment, we may accept it without losing any of our rights under this Policy and the Enrolling Group will remain obligated to pay any and all amounts owed to us. A late payment charge will be assessed for any Policy Charge not received by within 10 calendar days following the due date. A service charge will be assessed for any non-sufficient-fund check received in payment of the Policy Charge. All Policy Charge payments must be accompanied by supporting documentation that states the names of the Covered Persons for whom payment is being made. The Enrolling Group must reimburse us for attorney's fees and any other costs related to collecting delinquent Policy Charges.
Appears in 1 contract
Samples: Group Policy
Payment of the Policy Charge. The Policy Charge is payable to us in advance by the Enrolling Group as described under "Payment of the Policy Charge" in Exhibit 1. The first Policy Charge is due and payable on or before the effective date of this Policy. Subsequent Policy Charges are due and payable no later than the first day of each payment period specified in item 6 of Exhibit 1, while this Policy is in force. All payments shall be made in United States dollars, in immediately available funds, and shall be remitted to us at the address set forth in the Enrolling Group's application, or at such other address as we may from time to time designate in writing. The Enrolling Group agrees not to send us payments marked "paid in full", "without recourse", or similar language. In the event that the Enrolling Group sends such a payment, we may accept it without losing any of our rights under this Policy and the Enrolling Group will remain obligated to pay any and all amounts owed to us. A late payment charge will be assessed for any Policy Charge not received by the due date. A service charge will be assessed for any non-sufficient-fund check received in payment of the Policy Charge. All Policy Charge payments must be accompanied by supporting documentation that states the names of the Covered Persons for whom payment is being made. The Enrolling Group must reimburse us for attorney's fees and any other costs related to collecting delinquent Policy Charges.
Appears in 1 contract
Samples: Group Policy
Payment of the Policy Charge. [1Applies to SHOP Plans. 2Applies to plans offered OFF the Exchange.] The Policy Charge is payable to us in advance by the [1SHOP Exchange from funds obtained by the] Enrolling Group as described under "Payment of the Policy Charge" in Exhibit 1. The first Policy Charge is due and payable on or before the effective date of this Policy. Subsequent Policy Charges are due and payable no later than the first day of each payment period, subject to the grace period described below and specified in item 6 of Exhibit 1, while this Policy is in force. All payments shall be made in United States dollars, in immediately available funds, and shall be remitted to us at the address set forth in the [2the Enrolling Group's application] [1Exhibit 1], or at such other address as we may from time to time designate in writing. The [2The Enrolling Group agrees not to send us us][1We will not accept] payments marked "“paid in full"”, "“without recourse"”, or similar language. In the event that the [2the Enrolling Group sends sends][1we receive] such a payment, we may accept it without losing any of our rights under this Policy and the Enrolling Group will remain obligated to pay any and all amounts owed to us. A late payment charge will be assessed for any Policy Charge not received by the due date. A service charge will be assessed for any non-sufficient-fund check received in payment of the Policy Charge. All Policy Charge payments must be accompanied by supporting documentation that states the names of the Covered Persons for whom payment is being made. The Enrolling Group must reimburse us for attorney's fees and any other costs related to collecting delinquent Policy Charges.
Appears in 1 contract
Samples: Group Policy