Reinstatement definition

Reinstatement means the process as outlined in 645—11.31(272C) by which a licensee who has had a license suspended or revoked or who has voluntarily surrendered a license may apply to have the license reinstated, with or without conditions. Once the license is reinstated, the licensee may apply for active status.
Reinstatement means that Latrobe may, at its discretion, reinstate a previously cancelled membership at the request of the policy holder or principal member with continuity of entitlements, subject to the payment of all premiums as required under the fund rules.
Reinstatement means that a suspension on a registration has been lifted. Once reinstated, an individual may resume carrying on the activity they are registered for. If a suspended individual joins a new sponsoring firm, they will have to apply for reinstatement under the process set out in NI 33-109. In certain cases, the reinstatement or transfer to the new firm will be automatic.

Examples of Reinstatement in a sentence

  • Clauses 16.2 (Continuing guarantee), 16.3 (Reinstatement), 16.4 (Waiver of defences), 16.5 (Immediate recourse), 16.6 (Appropriations), 16.7 (Deferral of Guarantor's rights) and 16.8 (Additional security) shall apply, with any necessary modifications, to any Security which the Guarantor creates (whether at the time at which it signs this Agreement or at any later time) to secure the Secured Liabilities or any part of them.

  • Reinstatement or such other treatment rendering its Allowed Other Secured Claim Unimpaired in accordance with section 1124 of the Bankruptcy Code.


More Definitions of Reinstatement

Reinstatement means that a suspension on a registration has been lifted. Once reinstated, a firm may resume carrying on the activity it is registered for.
Reinstatement means the process for returning an inactive license to current, active status.
Reinstatement means the granting of a license or registration, with or without limitations or conditions, to a person whose license or registration has been revoked.
Reinstatement means the appointment of a current or former permanent or probationary employee to a class within four (4) years of the employee's separation from the class.
Reinstatement means having a license restored to effectiveness after the expiration date has passed.
Reinstatement means the restoration of an employee to pay and duty status with all benefits of employment.
Reinstatement means, with respect to Claims and Interests, that the Claim or Interest shall be rendered Unimpaired in accordance with section 1124 of the Bankruptcy Code.