REDUCTION, VARIATION, WITHDRAWAL, CANCELLATION AND EXCLUSION OF COVER Sample Clauses

REDUCTION, VARIATION, WITHDRAWAL, CANCELLATION AND EXCLUSION OF COVER. A. If at any time during the Period of Cover there is a material change in our credit risk perception in respect of any of the insured Buyers or in respect of any Country or in respect of a transaction, we shall be at liberty at our sole discretion to: (i) reduce, cancel, vary the cover or the limit or the terms of payment in respect of the Insured Buyer under the Policy; and/or (ii) exclude that Insured Buyer or the Country from the purview of cover; and/or (iii) modify the classification and/or categorization of the Countries specified in the Schedule, under the Policy. B. Any such reduction, variation, withdrawal, cancellation or exclusion will be notified to you either by communication addressed to you in that regard or through our web-site (xxx.xxxx.xx) and shall apply to all dispatch of goods made after such notification. As regards exclusion of an Insured Buyer, it may be placed on the website of the Insurer the adverse notice of the Insurer Approval List (BSAL) and as regards exclusion of a Country, it may be placed C. If after you have been notified of exclusion from cover as aforesaid, any shipment is dispatched to an Insured Buyer or to a Country so excluded and notified, we shall not be liable to indemnify you in respect of any part of the loss that you may suffer on any such shipment unless you have taken our prior written approval for cover before making such shipment, which we are not obliged to give. D. Similarly, if after you have been notified of inclusion of a Buyer or a Country under the Policy, such inclusion shall apply to all dispatch of goods made after such notification on such terms and conditions which we may stipulate.
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Related to REDUCTION, VARIATION, WITHDRAWAL, CANCELLATION AND EXCLUSION OF COVER

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  • Certification of Funds; Budget and Fiscal Provisions; Termination in the Event of Non-Appropriation This Agreement is subject to the budget and fiscal provisions of the City’s Charter. Charges will accrue only after prior written authorization certified by the Controller, and the amount of City’s obligation hereunder shall not at any time exceed the amount certified for the purpose and period stated in such advance authorization. This Agreement will terminate without penalty, liability or expense of any kind to City at the end of any fiscal year if funds are not appropriated for the next succeeding fiscal year. If funds are appropriated for a portion of the fiscal year, this Agreement will terminate, without penalty, liability or expense of any kind at the end of the term for which funds are appropriated. City has no obligation to make appropriations for this Agreement in lieu of appropriations for new or other agreements. City budget decisions are subject to the discretion of the Mayor and the Board of Supervisors. Contractor’s assumption of risk of possible non-appropriation is part of the consideration for this Agreement. THIS SECTION CONTROLS AGAINST ANY AND ALL OTHER PROVISIONS OF THIS AGREEMENT.

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  • Refund for Withdrawal Due to Non-Delivery of Course The PEI will notify the Student within three (3) working days upon knowledge of any of the following: (i) It does not commence the Course on the Course Commencement Date; (ii) It terminates the Course before the Course Commencement Date; (iii) It does not complete the Course by the Course Completion Date; (iv) It terminates the Course before the Course Completion Date; (v) It has not ensured that the Student meets the course entry or matriculation requirement as set by the organisation stated in Schedule A within any stipulated timeline set by CPE; or (vi) The Student’s Pass application is rejected by Immigration and Checkpoints Authority (ICA). The Student should be informed in writing of alternative study arrangements (if any), and also be entitled to a refund of the entire Course Fees and Miscellaneous Fees already paid should the Student decide to withdraw, within seven (7) working days of the above notice.

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