Nonrenewal definition

Nonrenewal means the termination of a term contract at the end of the contract period.
Nonrenewal means termination of a policy at its expiration date. [PL 1985, c. 671, §1 (NEW).]
Nonrenewal means the insurer’s decision not to renew a policy at its expiration date.

Examples of Nonrenewal in a sentence

  • If rescinded or cancelled by Blue Shield, the Employer shall promptly send a copy of Blue Shield's Notice of Cancellation, Rescission or Nonrenewal to each Subscriber and provide Blue Shield proof of such mailing and the date thereof.

  • Failure to obtain Commission’s approval shall be considered a material breach of this Charter Contract and subject to Non-renewal or Revocation proceedings pursuant to Article XVIII below.

  • Non-renewal of the said permits and licenses would adversely affect our Company’s operations, thereby having a material adverse effect on our business, results of operations and financial condition.

  • However, if a written agreement for a different renewal term duration occurs after the Non-renewal Notice Date, the new renewal term duration may only be greater than the renewal term duration that would have been applicable had the Services Order automatically renewed as described in this Section.

  • Blue Shield will send the Notice of Cancellation, Rescission or Nonrenewal to your Employer prior to any rescission.


More Definitions of Nonrenewal

Nonrenewal means termination of a policy at its expiration date.
Nonrenewal or "refusal to renew" means termination of a policy at its expiration date.
Nonrenewal. This Agreement shall terminate with respect to a Fund at the end of the Initial Term if either the Custodian or such Fund provides notice that it does not want to renew or extend this Agreement at the end of the Initial Term;
Nonrenewal means the termination of a term contract at
Nonrenewal means the decision of the program to not offer a contract to the resident for the next academic year or training period. Nonrenewal results in dismissal from employment at St.Vincent Hospital.
Nonrenewal means that an expired license will not be renewed. Nonrenewal may be permanent or temporary. There is no reinstatement of a license after permanent nonrenewal. Nonrenewal will apply when an educator’s license expires after the occurrence of the alleged ethics violation.
Nonrenewal means the insurer's decision not to renew a policy at its expiration date.¶