Common use of Termination for Failure to Maintain Valid State Licensure Clause in Contracts

Termination for Failure to Maintain Valid State Licensure. ABE acknowledges and agrees that valid state licensure in each state in which ABE assists Consumers, Applicants, Qualified Individuals, or Enrollees in applying for or obtaining coverage under a QHP through an FFE or SBE-FP is a condition to ABE’s authority under this Agreement. Accordingly, CMS may terminate this Agreement upon thirty (30) Days’ prior written notice 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 under 45 CFR 155.220(g).

Termination for Failure to Maintain Valid State Licensure. ABE XXX acknowledges and agrees that valid state licensure in each state in which ABE assists Consumers, Applicants, Qualified Individuals, or Enrollees in applying for or obtaining coverage under a QHP through an FFE or SBE-FP is a condition to ABE’s authority under this Agreement. Accordingly, CMS may terminate this Agreement upon thirty (30) Days’ prior written notice if ABE XXX 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 under 45 CFR 155.220(g).