Discontinuance definition
Discontinuance means the state of a policy that could arise on account of surrender of the policy or non-payment of the contractual premium due before the expiry of the grace period.
Discontinuance means the action of terminating by discontinuing, suspending, or revoking any license for good and sufficient cause.
Discontinuance. : means the state of a policy that could arise on account of non- payment of the contracted premium due before the expiry of the grace period or upon receipt of information by the insurer from the insured about the discontinuance of the policy. Provided that no policy shall be treated as discontinued if, within the grace period, the premium has not been paid due to the death of the policyholder or the insured or both or upon the happening of any other contingency covered under the policy.
Examples of Discontinuance in a sentence
Since September 30, 2025, except in connection with the Discontinuance, no change has occurred in any of the assets, business, financial condition or results of operations of the Company which, individually or in the aggregate, has had, will have or could reasonably be expected to result in a Material Adverse Change.
Prior to the Effective Time, the Company shall exercise, consistent with the terms of this Agreement, control and supervision over the Discontinuance.
More Definitions of Discontinuance
Discontinuance means the state of the Policy that could arise on account of non- payment of the Regular Premium due before the expiry of the notice period provided in Section 7a)ii) below or surrender of the Policy during the first five (5) Policy Years.
Discontinuance means the state of a policy that could arise on account of non-payment of the contracted premium due before the expiry of 30 days from the date of your receipt of premium discontinuance notice from the Company.
Discontinuance means the state of the Policy arising out of the surrender of the Policy or on non-payment of the Premium due before the expiry of the 30 (Thirty) day notice period specified in Clause 5.7 and Clause 5.8, whichever is earlier;
Discontinuance means termination of a city.
Discontinuance means the termination of the contract between the group contract holder and a health maintenance organization due to the insolvency of the health maintenance organization, and does not refer to the termination of any agreement between any individual enrollee and the health maintenance organization.
Discontinuance means the termination of a person's entitlement to aid.
Discontinuance and "discontinuation" shall mean the termination of a probationary appointment or an appointment with tenure by the University without the consent of the appointee in accordance with the procedures prescribed in Article 28.