Lapse Notice definition

Lapse Notice has the meaning given in Section 6;
Sample 1Sample 2Sample 3
Lapse Notice means a notice sent by Defendants to Policyowners or Designated Policyowners after the expiration of the Grace Period, as defined in each Covered Policy that alerts Policyowners that the Covered Policy has lapsed.
Sample 1Sample 2
Lapse Notice has the meaning given to it in Section 5(f).
Sample 1

Examples of Lapse Notice in a sentence

  • The Lapse Notice shall be of no further effect once the Company has notified the Optionee that the Lapse Notice has terminated.

  • BAP dilaksanakan secara mandiri, tanpa bekerjasama dengan mitra kerja yang lain.

  • This notice advises that the policy is lapsed and extends the Grace Period The billing schedule for the Lapse Notice is 61 days after the due date; this bill also includes a reinstatement application. Policyholders may elect to pay premiums either quarterly, semi-annually or annually, by either electronic funds transfer or by check. The Company makes a maximum of two attempts to draft premiums paid by Pre-Authorized Checking.

  • Administrator shall send a "Lapse Notice", in a form approved by Carrier in writing to each Policy owner (with copies to Producer and Carrier) on the twenty-sixth day of each grace period under such Policy, unless otherwise instructed by Carrier.

  • On March 29, 2018, Pitney Bowes mailed the Lapse Notice to Mr. Wetty.Mr. Wetty did not make the required premium payment by the end of the grace period on May 26, 2018.

  • The Policyrequired AXA to send the Lapse Notice to “you” and “any assignee” at “last known addresses.” (ECF No. 19-3 at 8.) The sentence at issue includes a verb, “send,” and prepositional phrases that modify the verb: a phrase beginning with “to” and a phrase beginning with “at.” Those phrases modify the word “send” but do not alter it.

  • That same day,Broadridge transferred the Lapse Notice to Pitney Bowes for mailing.

  • The Holder may elect, by written notice to the Owner delivered not more than ten Business Days following receipt of the Lapse Notice to require the Owner to transfer such ownership interest to the Holder for $1, in which case the Owner will transfer the Owner’s interest in the applicable Property to the Holder as soon as practicable and, in connection therewith, will obtain any required consents to such transfer.

  • To appoint a different Lapse Notice Recipient for other policies, use a copy of this form.

  • This notice advises that the policy will lapse and indicates the grace period.• Lapse Notice is sent 31 days after the due date and recites that reinstatement applications are considered within six months after the premium due date.


More Definitions of Lapse Notice

Lapse Notice means a notice from the Issuer of a Policy indicating that coverage thereunder is terminated or may be about to terminate.
Sample 1

Related to Lapse Notice

  • Exercise Notice Deadline In respect of any exercise of Options hereunder on any Conversion Date, the “Scheduled Trading Day” prior to the scheduled first “VWAP Trading Day” of the “Observation Period” (each as defined in the Indenture, but, in the case of any such Observation Period, as modified by the provision set forth opposite the caption “Convertible Security Settlement Method”) relating to the Convertible Securities converted on the Conversion Date occurring on the relevant Exercise Date; provided that in the case of any exercise of Options hereunder in connection with the conversion of any Relevant Convertible Securities on any Conversion Date occurring during the period starting on and including June 4, 2020 and ending on and including the second “Scheduled Trading Day” immediately preceding the “Maturity Date” (each as defined in the Indenture) (the “Final Conversion Period”), the Exercise Notice Deadline shall be noon, New York City time, on the “Scheduled Trading Day” (as defined in the Indenture) immediately preceding the “Maturity Date” (as defined in the Indenture).

  • Repurchase Response Notice means a notice delivered by the Indenture Trustee at the direction of the Administrator to a Noteholder or Note Owner indicating that a Repurchase Request is unresolved.

  • Repurchase Notice has the meaning set forth in Section 8.6(a).

  • Release Notice has the meaning specified in Section 11.19(b).

  • Call Option Notice means a written notice from the holder of the Call Option or the Administrator, as applicable, stating its desire to exercise the Call Option on the related Reset Date, delivered to each Clearing Agency, the Indenture Trustee, the Remarketing Agents, the Rating Agencies and, if the related class of Reset Rate Notes is then listed on the Luxembourg Stock Exchange, the Administrator will forward a copy to the Luxembourg Listing Agent (the contents of which are to be published in a leading newspaper having general circulation in Luxembourg).

  • Mandatory Purchase Notice means, in connection with the Mandatory Purchase of VRDP Shares, a notice substantially in the form attached to the VRDP Shares Purchase Agreement as Exhibit B, delivered by the Fund or the Tender and Paying Agent on behalf of the Fund to the Holders and the Liquidity Provider in accordance with the VRDP Shares Purchase Agreement specifying a Mandatory Purchase Date.

  • Put Option Notice means a notice which must be delivered to a Paying Agent by any Noteholder wanting to exercise a right to redeem a Note at the option of the Noteholder;

  • Purchase Notice has the meaning set forth in Section 1.2.

  • Response Notice is defined in Section 14.3(b)(ii).

  • Regular Purchase Notice means, with respect to any Regular Purchase pursuant to Section 2(a) hereof, an irrevocable written notice from the Company to the Investor directing the Investor to buy such applicable amount of Purchase Shares at the applicable Purchase Price as specified by the Company therein on the Purchase Date.

  • Election Notice has the meaning set forth in Section 11.01(b).

  • Termination Notice means the communication issued in accordance with this Agreement by one Party to the other Party terminating this Agreement;

  • Pre-Notice shall have the meaning ascribed to such term in Section 4.13.

  • VWAP Purchase Notice means an irrevocable written notice from the Company to the Buyer directing the Buyer to buy Purchase Shares on the VWAP Purchase Date pursuant to Section 1(c) hereof as specified by the Company therein at the applicable VWAP Purchase Price with the applicable VWAP Purchase Share Percentage specified therein.

  • Tender Notice means the Tender Notice set out in Part 1 of this TenderDocument;

  • Required Notice Period means the number of days required notice set forth below applicable to the Aggregate Reduction indicated below: ≤$100,000,000 two Business Days >$100,000,000 to $250,000,000 five Business Days ≥$250,000,000 ten Business Days

  • Demand Exercise Notice has the meaning set forth in Section 2.1(a).

  • Restriction Notice has the meaning set forth in Section 8.04(f) hereof.

  • Timely Notice means a stockholder’s notice to the Secretary of the Corporation which must be delivered to or mailed and received at the principal executive offices of the Corporation not less than ninety (90) days nor more than one hundred twenty (120) days prior to the first anniversary of the preceding year’s annual meeting of stockholders; provided, however, that in the event that the date of the annual meeting is more than thirty (30) days before, or more than sixty (60) days after, such anniversary date, notice by the stockholder to be timely must be so delivered not earlier than the one hundred twentieth (120th) day prior to such annual meeting and not later than the ninetieth (90th) day prior to such annual meeting or, if later, the tenth (10th) day following the day on which the date that such annual meeting was Publicly Disclosed (as defined above).

  • Exercise Notice has the meaning set forth in Section 3.2(1);

  • Option Exercise Notice has the meaning set forth in Section 2.4(c).

  • Termination Warning Notice means a notice sent by the Secretary of State to the Academy Trust, stating his intention to terminate this Agreement.

  • Option Notice has the meaning set forth in Section 5.2(a).

  • Call Notice shall have the meaning specified in Section 1.1 of the Warrant Agent Agreement.

  • Penalty Notice means a written no- tification from the Director informing a respondent that the Director has made a finding of violation and, absent a request for a hearing, will impose a civil monetary penalty.

  • Xxxxx Notice means the Notice of Grant of Stock Option accompanying the Agreement, pursuant to which Optionee has been informed of the basic terms of the option evidenced hereby.