Common use of Retroactive Termination Clause in Contracts

Retroactive Termination. Retroactive adjustments in coverage will only be made for up to a 60-day period from the date of notification. In the event of retroactive termination due to the Subscribing Group's nonpayment of Premiums, or failure of the Subscribing Group or Members to timely notify AvMed of Member ineligibility, AvMed will not be responsible for Claims we incur in arranging for the provision of benefits to Members under the terms of this Contract after the effective date of such retroactive termination.

Retroactive Termination. Retroactive adjustments in coverage will only be made for up to a 60-day period from the date of notification. In the event of retroactive termination due to the Subscribing Group's nonpayment of Premiums, or failure of the Subscribing Group or Members to timely notify AvMed of Member ineligibility, AvMed will not be responsible for Claims claims we incur in arranging for the provision of benefits to Members under the terms of this Contract after the effective date of such retroactive termination.