Company Initiated Cancellation definition

Company Initiated Cancellation means our notification to you, prior to our receipt of a Claim, that we have cancelled coverage of a Loan as of a specified date due to the
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Company Initiated Cancellation means written notification by the Company to the Insured that it has cancelled coverage in connection with a specified Covered Loan as of a specified date due to breach of one or more specified provisions of this Policy.
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Company Initiated Cancellation means notification by the Company to the Insured, prior to the Company’s receipt of a Claim, that it has cancelled coverage in connection with a Loan as of a specified date due to the application of an exclusion listed Section 6, or the breach of one or more provisions of this Policy. In the event of a Company Initiated Cancellation, the Company shall return to the Insured all Premium received with respect to the affected Loan after the date of the event which triggered the Company Initiated Cancellation. A Rescission under Section 3 shall not be considered a Company Initiated Cancellation.
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Examples of Company Initiated Cancellation in a sentence

  • A Rescission under Section 2 shall not be considered a Company Initiated Cancellation.

  • If at any time after we accept a Single Premium or an Initial Premium after its due date we discover that at the time we received the Premium the Borrower had not made all payments when due or within the Loan’s grace period, we may effect a Company Initiated Cancellation.

  • We may only terminate coverage on a Loan by way of a Company Initiated Cancellation, a Claim Denial, or a Rescission.

  • In the event of a Company Initiated Cancellation, we shall return to you all Premium received with respect to the affected Loan after the date of the event which triggered the Company Initiated Cancellation.

  • BCS takes the view that intimate sexual relations between coaches and adult athletes, while not against the law, can have harmful effects on the individual athlete involved, on other athletes and coaches and on BCS’s public image.BCS therefore takes the position that such relationships are unacceptable for coaches coaching or assisting in any way with a BCS National or Development Team.

  • If, after review of your request, we determine that you have provided Credible Evidence establishing that we did not have a reasonable basis for the Company Initiated Cancellation, Claim Denial, or Claim curtailment, we will reinstate the coverage on the Loan as of the Certificate Effective Date, or re-adjust the Claim payment as applicable.

  • We shall have ninety(90) days following our receipt of a Written request for reconsideration, to determine whether to reverse the Company Initiated Cancellation, Claim Denial, or Claim curtailment.

  • Failure to submit a Claim within one-hundred-eighty (180) days of the earlier of either of enumerated events (i) or (ii) shall be deemed a waiver of the right to an Insurance Benefit and shall permit us to effect a Company Initiated Cancellation.

  • You may submit to us a request for reconsideration within ninety (90) days of the date you received a Written notice of any decision by us to effect a Company Initiated Cancellation, Claim Denial, or Claim curtailment.

  • If we do not receive a request for reconsideration under this Section within ninety (90) days of the date you receive our Written notice of a decision to effect a Company Initiated Cancellation, Claim Denial, or Claim curtailment, you shall be deemed to have accepted our action and we shall have no further obligation with respect to that Loan to you or any other Person.

Related to Company Initiated Cancellation

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  • Volunteer firefighter means a firefighter whose position normally requires less than 600

  • Reduction in Force means abolition of positions in an agency or part of an agency and the corresponding nondisciplinary removal of affected employees from such positions through separation from employment or through displacement to other positions.

  • Small Diversity business concern means a small business concern that is at least fifty-one (51) percent unconditionally owned by one or more individuals who are both socially and economically diverse, or a publicly owned business that has at least fifty-one (51) percent of its stock unconditionally owned by one or more socially and economically diverse individuals and that has its management and daily business controlled by one or more such individuals. This term also means a small business concern that is at least fifty-one (51) percent unconditionally owned by an economically diverse Indian tribe or Native Hawaiian Organization, or a publicly owned business that has at least fifty-one (51) percent of its stock unconditionally owned by one of these entities, that has its management and daily business controlled by members of an economically diverse Indian tribe or Native Hawaiian organization.

  • Permanent Works means the permanent works to be executed (including Plant) in accordance with the Contract.

  • converted employment and support allowance means an employment and support allowance which is not income-related and to which a person is entitled as a result of a conversion decision within the meaning of the Employment and Support Allowance (Existing Awards) Regulations 2008;

  • Permanent Work means the permanent works including equipment to be supplied, executed, erected and maintained in accordance with the Contract.

  • permanent establishment means a fixed place of business through which the business of an enterprise is wholly or partly carried on.

  • Massive Multiauthor Collaboration Site (or “MMC Site”) means any World Wide Web server that publishes copyrightable works and also provides prominent facilities for anybody to edit those works. A public wiki that anybody can edit is an example of such a server. A “Massive Multiauthor Collaboration” (or “MMC”) contained in the site means any set of copyrightable works thus published on the MMC site.

  • Mist spray adhesive means any aerosol which is not a special purpose spray adhesive and which delivers a particle or mist spray, resulting in the formation of fine, discrete particles that yield a generally uniform and smooth application of adhesive to the substrate.

  • Recall means any measure aimed at achieving the return of a device that has already been made available to the end user;

  • Statewide popular election means a general election in which

  • Stage-Four Advanced, Metastatic Cancer means a cancer that has spread from the primary or original site of the cancer to nearby tissues, lymph nodes, or other areas or parts of the body.

  • Company Customer means a person or entity for whom the Company or any of its Subsidiaries was providing services either at the time of, or at any time within the twelve (12) months preceding the Termination Date, and for whom the Participant had direct contact with and/or carried out or oversaw a material business responsibility during said twelve (12) month period or about whom the Participant had exposure to or received Confidential Information as a result of the Participant’s employment with the Company or any of its Subsidiaries.

  • Pivotal Clinical Trial means a pivotal human clinical trial of a Licensed Product with a defined dose or a set of defined doses of such Licensed Product designed to ascertain efficacy and safety of such Licensed Product for the purpose of enabling the preparation and submission of an MAA to the competent Regulatory Authorities in a country of the Territory, as further defined in 21 C.F.R. § 312.21(c) for the U.S., as amended from time to time, or the corresponding foreign regulations.

  • Potential Material Event means any of the following: (i) the possession by the Company of material information not ripe for disclosure in a Registration Statement, which shall be evidenced by determinations in good faith by the Board of Directors of the Company that disclosure of such information in the Registration Statement would be detrimental to the business and affairs of the Company, or (ii) any material engagement or activity by the Company which would, in the good faith determination of the Board of Directors of the Company, be adversely affected by disclosure in a Registration Statement at such time, which determination shall be accompanied by a good faith determination by the Board of Directors of the Company that the Registration Statement would be materially misleading absent the inclusion of such information.

  • Recall campaign means the period of time beginning on the

  • Harvested Material means the grain or fodder from crops of the Licensed Varieties grown from Seed or Retained Seed.

  • Motor-driven cycle means every motorcycle that has a gasoline engine that (i) displaces less than

  • Company 401(k) Plan has the meaning set forth in Section 6.4(e).

  • Large Workplace means a place at which on an average, 500 or more workers are employed.

  • Distribution Compliance Period means the period that ends 40 days after the completion of the distribution of each Tranche of Notes, as certified by the relevant Dealer (in the case of a non-syndicated issue) or the relevant Lead Manager (in the case of a syndicated issue);

  • Clinical Trial means a Phase I Clinical Trial, Phase II Clinical Trial or Phase III Clinical Trial, or any post-approval human clinical trial, as applicable.

  • Clinical Trials means a controlled study in humans of the safety or efficacy of a Product, and includes, without limitation, such clinical trials as are designed to support expanded labeling or to satisfy the requirements of an Agency in connection with any Product Approval and any other human study used in research and Development of a Product.

  • Major life activities means functions such as caring for one's self, performing manual tasks, walking, seeing, hearing, speaking, breathing, learning and working.

  • Web spray adhesive means any aerosol adhesive that is not a mist spray or special purpose spray adhesive.