In Grace Period definition

In Grace Period means that the borrower is in the nine month grace period.
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Related to In Grace Period

  • Grace Period means the 30-day period following expiration of a license when the license is still considered to be active. In order to renew a license during the grace period, a licensee is required to pay a late fee.

  • Allowable Grace Period shall have the meaning assigned to such term in Section 3(p).

  • Shelf Suspension Period See Section 3(a) hereof.

  • Blackout Period shall have the meaning set forth in Section 3(n).

  • Suspension Period shall have the meaning assigned thereto in Section 2(b).