Renewal Notice. (a) If Lessee has given a Preliminary Notice, as specified in Section 17.1, and subject to the terms and conditions of this Section 17.2, Lessee may exercise its option to extend the leasing of the Aircraft hereunder until the next Scheduled Renewal Term Expiration Date, on the same terms, provisions and conditions (except as contemplated by this Section 17) set forth herein and in the other Lessee Operative Agreements with respect to the Base Lease Term, by delivery of a notice (a "Renewal Notice") to Lessor not less than 90 days prior to (i) if the Base Lease Term is then in effect, the Scheduled Expiration Date, or (ii) if a Renewal Lease Term is then in effect, the Scheduled Renewal Term Expiration Date for such Renewal Lease Term.
(b) Notwithstanding anything to the contrary in this Agreement or any other Operative Agreement:
(i) No Preliminary Notice or Renewal Notice shall be binding on Lessor or oblige Lessor to extend the leasing of the Aircraft hereunder for a Renewal Lease Term if any Lease Event of Default shall have occurred and be continuing on and as of the date that such Renewal Lease Term would otherwise commence.
(ii) Any Renewal Notice shall be revocable by Lessee until 10 Business Days after the Renewal Rent is determined in accordance with Sections 17.2.2 and unless revoked by written notice by Lessee to Lessor shall thereafter become irrevocable and shall constitute an unconditional obligation of Lessee to extend the leasing of the Aircraft hereunder for the Renewal Lease Term to which such Renewal Notice relates.
(iii) Lessee shall not be entitled to give any Renewal Notice if it has (x) not delivered a Preliminary Notice or (y) delivered a Purchase Notice to Lessor.
Renewal Notice. The company shall not be bound to accept any renewal premium nor give notice that such is due. Every renewal premium (which shall be paid and accepted in respect of this policy) shall be so paid and accepted upon the distinct understanding that no alteration has taken place in the facts contained in the proposal or declaration herein before mentioned and that nothing is known to the insured that may result to enhance the risk of the company under the guarantee hereby given. No renewal receipt shall be valid unless it is on the printed form of the company and signed by an authorized official of the company.
Renewal Notice. The Company shall not be bound to accept any renewal premium nor give notice that such is due. The product / plan may be withdrawn at any time, by giving a notice before 3 months from the next renewals to the Insured by Courier / Registered Post / Acknowledgement due post at the address recorded / updated in the policy. When the policy is withdrawn, the product / plan shall not be available for renewal at the due date. However, the cover under such policy shall continue till the expiry date shown in the schedule of the policy. In the event of withdrawal of a product, Company shall offer similar alternative product from its currently marketed product suites.
Renewal Notice a. The Coverage will automatically terminate on the Cover End Date. All renewal applications and requisite premium shall be given to the company on or before the Cover End Date provided the policy is in force and in any event before the expiry of the Grace Period. The Policyholder shall give the company written notice along with the renewal application of any material changes to the risk insured under the Policy. If no such written notice is received by the company along with the renewal application, it shall be deemed that there is no material change to the risk. For the purpose of this provision, Grace Period means a period of 30 days immediately following the Cover End Date during which a payment can be made to renew this Policy without loss of continuity benefits. Coverage is not available for the period for which premium is not received by the Company and the Company shall not be liable for any Claims incurred during such period. This Clause is applicable at member level.
b. The company will ordinarily not refuse to renew the Policy except on grounds of fraud, moral hazard or misrepresentation or non-co-operation by the Insured. This policy can be renewed subject to Master Policy renewability based on agreed terms
c. The Company may revise the renewal premium payable under the Policy provided that revisions to the renewal premium are in accordance with the IRDAI rules and regulations as applicable from time to time. Change in rates will be applicable only post approval by the Authority and be effective from the date of launch of the revised Product and shall be applied only prospectively thereafter for new policies and at the date of renewal for renewals.
d. Renewal shall be offered lifelong. The Insured Member shall be given an option to port this Policy into any other health insurance product of the Company and credit shall be given for number of years of continuous coverage under this Policy for the standard wait periods.
e. This product may be withdrawn / modified by the company after due approval from the IRDAI. In case this product is withdrawn / modified by the company, this Policy can be renewed under the then prevailing Health Insurance Product or its nearest substitute approved by IRDAI subject to Underwriting. The company shall duly intimate Policyholder atleast three months prior to the date of such withdrawal / modification of this product and the options available to Insured Member at the time of renewal of this policy.
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Renewal Notice. (a) The Operator shall have the option to renew this Agreement twice. Not less than one (1) year before expiration of the Term or the initial Renewal Term, the Operator may deliver to the Owner a notice (the "Renewal Notice") of the Operator's election to renew this Agreement in respect of all, but not less than all, Allocated Assets for a renewal period of five (5) years (or, if there has already been a renewal period, an additional renewal period of five (5) years), or such other period of time as the Owner and the Operator shall mutually agree (each such period, a "Renewal Term").
(b) All terms of this Agreement shall continue in full force and effect during each such Renewal Term.
(c) In the event the Operator elects to renew this Agreement, the Renewal Term will commence on the day immediately following the expiration of the Term or initial Renewal Term and continue until the end of such Renewal Term.
(d) The Renewal Notice, once given, shall be irrevocable and the option to renew this Agreement shall expire if the Operator does not deliver the Renewal Notice by the times provided in Section 17.1(a) hereof.
(e) Notwithstanding the foregoing, the Operator shall have no right to renew this Agreement if any Event of Default exists on the date of delivery of the Renewal Notice or the commencement of the Renewal Term.
Renewal Notice. For electricity Service, if you have a fixed duration contract that will be ending, or whenever Company wants to change the contract, you will receive two separate notices before the contract ends or the changes happen. You will receive the first notice 45- 60 days before, and the second notice 30 days before the expiration date or the date the change becomes effective. These notices will explain your options. For gas Service, if you have a fixed duration contract approaching the expiration date, or whenever we propose to change the terms of service, you will receive two separate written notifications, the first approximately 60-75 days in advance and the second 45 days in advance of their the expiration date or the effective date of the proposed changes. These notifications will explain your options going forward. Your second renewal notice will indicate whether you will be automatically enrolled: (i) on the Fixed Rate plan provided in the notice, or (ii) on the Company’s Variable Rate plan available at such time. Each new renewal period after your initial Term will be deemed a “Renewal Term”. For any Renewal Term that you did not affirmatively select, you may cancel at any time without any termination Fees. For any Variable Rate or Index Rate plan, you may not receive a renewal notice as you have chosen the Company’s variable rate plan that is a month-to-month plan that you may cancel, or the Company may cancel by providing you notice as required by law. If we are billing you directly for our services, then we will provide the notices as a bill message, a bill insert, or in a separate corresponding mailing. If the EDC and/or NGDC is billing our charges for us, then we will provide the notices in separate corresponding mailings.
Renewal Notice. A renewal notice sent to Members approximately thirty (30) days prior to their annual renewal date in electronic and/or paper form in accordance with the Member’s election or as determined by Membersy.
Renewal Notice. Each new renewal period after your initial Term will be deemed a “Renewal Term”. For any Variable Rate or Index Rate plan, you will not receive a renewal notice unless your Enrollment Documentation states otherwise. For any Fixed Rate plan, you will receive notice from Company (between thirty and sixty days prior to the end of your Term) that you will be enrolled: (i) on the Fixed Rate plan provided in the notice (unless you choose, pursuant to Section 4, to cancel within three (3) business days after receiving the first billing statement at which time no termination fee will apply), or (ii) on the Company’s Variable Rate plan available at such time.
Renewal Notice. LANDLORD may refuse to renew a LEASE. Renewals may be subject to rent increases and changes in terms and conditions as determined by LANDLORD.
Renewal Notice. Tenant may exercise Tenant’s Renewal Option by giving written notice of the exercise to Landlord not more than three hundred sixty (360) or less than ninety (90) calendar days before the expiration of the then existing Term (“Option Notice Period”).
