Notice of Start of Grace Period definition

Notice of Start of Grace Period means the notice sent by Plan to Employer Group that this Agreement will be terminated unless the Premium amount due is received by Plan no later than the last day of the Grace Period.
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Examples of Notice of Start of Grace Period in a sentence

  • Receipt by SHOP of all Premium payments due and owing by the due date indicated in the Notice of Start of Grace Period will continue the Agreement, as modified by this Supplement, with no interruption in coverage.

  • If full payment of all delinquent Premiums is not received by SHOP by the due date indicated in the Notice of Start of Grace Period, the Agreement will be terminated.

  • This Group Subscriber Agreement will be terminated for Group’s failure to remit the Prepayment Fees, or provide eligibility list as required, in which case the Group will be sent a Notice of Start of Grace Period saying that the premium is overdue.

  • Plan shall issue to Employer Group a 30-day advance written notice of prospective cancellation (i.e., a Notice of Start of Grace Period) if payment is not received by the due date set forth in Section 5.1. If full payment for the unpaid, invoiced Premiums is not received by 11:59 p.m. on the last day of the Grace Period, then Plan shall issue a Notice of End of Coverage to Employer Group and to all individual Members of Employer Group.

  • Employer Group shall promptly disseminate a copy of the Notice of Start of Grace Period to each Enrolled Employee.

  • Upon determining that Employer Group has failed to pay all applicable Premiums by the due date, Plan will send a Notice of Start of Grace Period, notifying Employer Group that a payment delinquency has triggered a Grace Period.

  • If the Premium payment is not received by the cancellation effective date, the Agreement will be terminated for non-payment effective 30 days from the date the Notice of Start of Grace Period was sent.

  • Employer Group will be given a Grace Period of at least 30 consecutive days, beginning with the day the Notice of Start of Grace Period is dated or on the day after the last date of paid coverage, whichever is later, during which Employer Group shall pay the Premiums owed for the month of coverage.

  • If payment is not received by March 25, Plan will send Employer Group a Notice of Start of Grace Period.

  • If the Premium payment is not received by cancellation effective date, the Agreement will be terminated for non-payment effective 30 days from the date the Notice of Start of Grace Period was sent.

Related to Notice of Start of Grace Period

  • OJEU Notice means the contract notice published in the Official Journal of the European Union.

  • Commencement Notice means a written notice, given by any Secured Party to the other Secured Parties in accordance with the notice provisions set forth in the Securities Purchase Agreement, pursuant to which such Secured Party notifies the other Secured Parties of the existence of one or more Events of Default and of such Secured Party’s intent to commence the exercise of one or more of the remedies provided for under this Agreement with respect to all or any portion of the Collateral as a consequence thereof, which notice shall incorporate a reasonably detailed description of each Event of Default then existing and of the remedial action proposed to be taken.

  • Notice of Revocation means, in connection with the revocation by a Beneficial Owner or its Agent Member of its Notice of Tender, a notice, substantially in the form attached to the Tender and Paying Agent Agreement, delivered by a Beneficial Owner or its Agent Member to the Tender and Paying Agent indicating an intention to revoke the tender of some or all of the VRDP Shares for sale on a Purchase Date pursuant to Section 1 of Part II of this Statement.

  • Delivery Term has the meaning set forth in Section 1.1(b).

  • CAFA Notice refers to the notice requirements imposed by 28 U.S.C. § 1715(b).

  • Notice of Renewal has the meaning specified in Section 2.01(b).

  • Option Term means a period, if any, through which this Agreement may be or has been extended by the JBE.

  • Notice of Extension has the meaning specified in Section 2.20.

  • Required Notice Period means the number of days required notice set forth below applicable to the Aggregate Reduction indicated below: Aggregate Reduction Required Notice Period £$100,000,000 two Business Days >$100,000,000 to $250,000,000 five Business Days ³$250,000,000 ten Business Days

  • Discontinuance Notice means the written Notice sent by the Billing Party to the other Party that notifies the Non- Paying Party that in order to avoid disruption or disconnection of the Interconnection Services, furnished under this Agreement, the Non-Paying Party must remit all Unpaid Charges to the Billing Party within fifteen (15) calendar days following receipt of the Billing Party’s Notice of Unpaid Charges.

  • Repudiation/Moratorium Extension Notice means a notice from the Calculation Agent to the Issuer (which the Calculation Agent has the right but not the obligation to deliver) that describes a Potential Repudiation/Moratorium that occurred on or prior to the Scheduled Maturity Date. A Repudiation/Moratorium Extension Notice must contain a description in reasonable detail of the facts relevant to the determination that a Potential Repudiation/Moratorium has occurred and indicate the date of the occurrence. The Potential Repudiation/Moratorium that is the subject of the Repudiation/Moratorium Extension Notice need not be continuing on the date the Repudiation/Moratorium Extension Notice is effective.

  • Renewal Notice As defined in Section 1.4(a).

  • Renewal Option has the meaning set forth in §12.1.

  • Ready-to-eat food means food that is in a form that is edible without washing, cooking, or additional preparation by the food establishment or the consumer and that is reasonably expected to be consumed in that form. Ready-to-eat food includes:

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

  • Warrant Exercise Period shall commence (subject to Section 6(d) below), on the later of:

  • Delivery Year means the Planning Period for which a Capacity Resource is committed pursuant to the auction procedures specified in Tariff, Attachment DD, or pursuant to an FRR Capacity Plan under Reliability Assurance Agreement, Schedule 8.1. Demand Bid:

  • FOIA notice means a decision notice, enforcement notice and/or an information notice;

  • Option Period means the period during which an Option may be exercised.

  • Service Commencement Date in respect of a Service or a particular instance of a Service means the date on which that particular Service or particular instance of a Service is first provided to the Customer, or as otherwise explicitly set out in this Agreement;

  • 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).

  • Notice to Proceed (NTP) means the authorization issued by the CO to start performance on this Contract.

  • Notice Period has the meaning set forth in Section 5.09(e).

  • Blackout Notice has the meaning set forth in Section 2.01(d).

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