Termination for Failure to Maintain Valid Clause Samples

Termination for Failure to Maintain Valid. State Licensure. ▇▇▇ acknowledges and agrees that valid State licensure in each State in which ▇▇▇ assists Consumers, Applicants, Qualified Individuals, or Enrollees, or enrolls Qualified Individuals in QHPs through an FFE or SBE-FP is a precondition to ABE’s authority under this Agreement. Accordingly, CMS may terminate this Agreement if ABE fails to maintain valid licensure in at least one FFE or SBE-FP State and in each State that ABE facilitates enrollment in a QHP through an FFE or SBE-FP. Any such termination shall be governed by the termination and reconsideration standards adopted by the FFEs or SBE-FPs under 45 CFR 155.220(g)(3)(ii) and (h). In addition: 1. ▇▇▇ acknowledges and agrees that CMS is entitled to, and must be able to, confirm that the ABE has and maintains valid state licensure in at least one FFE or SBE-FP state and in each state that ABE assists with enrollment in a QHP through an FFE or SBE-FP. 2. To facilitate CMS’ confirmation of ▇▇▇’s state licensure status, the ABE covenants and further agrees to maintain a correct and up-to-date MLMS1 profile and a correct and up-to-date profile in the National Insurance Producer Registry (▇▇▇▇▇://▇▇▇.▇▇▇▇.▇▇▇). These profiles shall include a correct and up-to-date National Producer Number (NPN), email address, phone number, and business street address.