TERMINATION OF INSURANCE BENEFITS Sample Clauses

TERMINATION OF INSURANCE BENEFITS. Terminated employees shall have their benefits discontinued on the first day of the month following end of their employment.
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TERMINATION OF INSURANCE BENEFITS. Should you obtain employment during either the COBRA Payment Period or the Extended COBRA Payment Period, the Company's obligation under this paragraph shall forever cease upon the expiration of the waiting period (if any) for entitlement to insurance coverage through your new employer. You agree to notify the Company in writing in the event that you obtain employment. In any event, and notwithstanding any provision to the contrary on this paragraph, the Company's obligations under this paragraph shall forever cease no later than by the end of the Extended COBRA Payment Period.
TERMINATION OF INSURANCE BENEFITS. All of the provisions of § 207.253a of this chapter apply to subpart F of this part, except that the following shall also constitute grounds for termi- nating the contract of insurance:
TERMINATION OF INSURANCE BENEFITS. When a covered employee is discharged, laid off, resigns, retires or dies, the City shall discontinue payment of all insurance premiums. Insurance benefits for dependents terminate when the dependent ceases to be eligible as a dependent or when the employee withdraws the authorization for dependent insurance coverage. In compliance with applicable Federal and State laws, employees and their eligible dependents are entitled to continue their health insurance coverage after termination of employment at their expense. Requests for continuation of health insurance benefits must be made in writing to the Personnel Office.
TERMINATION OF INSURANCE BENEFITS. For an Employee who separates employment upon or after the completion of the school year, the Employer’s contribution to insurance benefits shall continue for premiums covering up to and including August 31. For an Employee who separates employment prior to completion of the school year, the Employer’s contribution to insurance benefits shall continue for premiums covering up to and including the final day of the month following the month of separation.

Related to TERMINATION OF INSURANCE BENEFITS

  • Insurance Benefits Borrower shall cooperate with Lender in obtaining for Lender the benefits of any Insurance Proceeds lawfully or equitably payable in connection with the Property, and Lender shall be reimbursed for any expenses incurred in connection therewith (including reasonable attorneys' fees and disbursements, and the payment by Borrower of the expense of an appraisal on behalf of Lender in case of a fire or other casualty affecting the Property or any part thereof) out of such Insurance Proceeds.

  • Application of Insurance Proceeds Grantor shall promptly notify Lender of any loss or damage to the Collateral. Lender may make proof of loss if Grantor fails to do so within fifteen (15) days of the casualty. All proceeds of any insurance on the Collateral, including accrued proceeds thereon, shall be held by Lender as part of the Collateral. If Lender consents to repair or replacement of the damaged or destroyed Collateral, Lender shall, upon satisfactory proof of expenditure, pay or reimburse Grantor from the proceeds for the reasonable cost of repair or restoration. If Lender does not consent to repair or replacement of the Collateral, Lender shall retain a sufficient amount of the proceeds to pay all of the Indebtedness, and shall pay the balance to Grantor. Any proceeds which have not been disbursed within six (6) months after their receipt and which Grantor has not committed to the repair or restoration of the Collateral shall be used to prepay the Indebtedness.

  • Maintenance of Insurance Coverage Each party agrees to maintain throughout the term of this Agreement professional liability insurance coverage of the type and amount reasonably customary in its industry. Upon request, a party shall furnish the other party with pertinent information concerning the professional liability insurance coverage that it maintains. Such information shall include the identity of the insurance carrier(s), coverage levels, and deductible amounts.

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