When We May Cancel Sample Clauses

The "When We May Cancel" clause defines the circumstances under which one party, typically the service provider or insurer, has the right to terminate the agreement before its scheduled end date. This clause usually outlines specific conditions such as non-payment, violation of terms, or changes in risk that would justify cancellation. By clearly stating these grounds, the clause helps manage expectations and provides both parties with transparency regarding the situations that could lead to early termination, thereby reducing uncertainty and potential disputes.
When We May Cancel. We may cancel this policy under the following conditions:
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When We May Cancel. We may cancel this policy for the reasons set forth below by notice in writing delivered to or forwarded by registered or first class mail to you at the address shown on the declarations. Proof of delivery or mailing is acceptable proof of notice. This notice must be delivered or mailed the required number of days prior to the effective date of the cancellation. For a description of the number of days of required notice, refer to: a) Cancellation of Policies In Effect For Less Than 60 Days, b) Cancellation of Policies in Effect For 60 Days Or More.
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When We May Cancel. We may cancel this policy under the following conditions: (1) Nonpayment of premium-If the premium has not been paid when due, we may cancel at any time by delivering or mailing to you the required notice at least fifteen days before cancellation is effective. Payment by you to the insurer, or to an agent or broker authorized to receive such payment, shall be considered timely if made within fifteen days after the mailing to you of a notice of cancellation for nonpayment of premium.
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Related to When We May Cancel

  • Automatic cancellation The Commitment of each Lender will be automatically cancelled at the close of business on the last day of the Availability Period.

  • Suspension and Cancellation Section 5.01. The following is specified as an additional event for suspension of the right of the Recipient to make withdrawals from the Grant Account for the purposes of Section 8.01(k) of the Grant Regulations or cancellation of the Grant pursuant to Section 8.02 of the Grant Regulations: the Recipient shall have failed to perform any of its obligations under the ADB Grant Agreement.

  • Longer Delays May Apply We may delay your ability to withdraw funds deposited by check into your account an additional number of days for these reasons: • We believe a check you deposit will not be paid. • You deposit checks totaling more than $5,525 on any one day. • You re-deposit a check that has been returned unpaid. • You have overdrawn your account repeatedly in the last six (6) months. • There is an emergency, such as failure of communications or computer equipment. We will notify you if we delay your ability to withdraw funds for any of these reasons, and we will tell you when the funds will be available. They will generally be available no later than the seventh business day after the day of your deposit.

  • Effective Date; Termination; Cancellation and Suspension Section 4.01. This Agreement shall come into force and effect on the date upon which the Development Credit Agreement becomes effective. Section 4.02. (a) This Agreement and all obligations of the Association and of Republika Srpska thereunder shall terminate on the earlier of the following two dates: (i) the date on which the Development Credit Agreement shall terminate; or (ii) a date twenty (20) years after the date of this Agreement.

  • Termination and Cancellation 9. 1. Licences will expire after the period shown in Clause 3 (above). 9. 2. Licensee reserves the right to terminate the Licence in the event that payment is not received in full or if there has been a breach of this agreement by you. Appendix 1 — Acknowledgements: Reprinted by permission from [the Licensor]: [Journal Publisher (e.g. Nature/Springer/Palgrave)] [JOURNAL NAME] [REFERENCE CITATION (Article name, Author(s) Name), [COPYRIGHT] (year of publication) For Advance Online Publication papers: Reprinted by permission from [the Licensor]: [Journal Publisher (e.g. Nature/Springer/Palgrave)] [JOURNAL NAME] [REFERENCE CITATION (Article name, Author(s) Name), [COPYRIGHT] (year of publication), advance online publication, day month year (doi: 10.1038/sj.[JOURNAL ACRONYM].)