Renewal definition

Renewal means the process by which a permit is reissued at the end of its term.
Renewal means the terms on which the contract of insurance can be renewed on mutual consent with a provision of grace period for treating the renewal continuous for the purpose of gaining credit for pre-existing diseases, time-bound exclusions and for all waiting periods.
Renewal means to validate a license certificate so that it expires at a later

Examples of Renewal in a sentence

  • If the decision of the outside non-employee members of the Board is not to renew this Agreement, then the Board shall provide Executive with a written notice of non-renewal (the “Non-Renewal Notice”) at least sixty (60) days prior to any Renewal Date, such that this Agreement shall terminate at the end of twenty-four (24) months following such Renewal Date.

  • The failure of the outside non-employee members of the Board to take the actions set forth herein before any Renewal Date will result in the automatic non-renewal of this Agreement, even if the Board fails to affirmatively issue the Non-Renewal Notice to Executive.

  • The term of the Agreement shall commence on the Effective Date and continue for the Subscription Term, unless either Party provides written notice of non-renewal at the expiration of the Initial Term or, as applicable, the then-current Renewal Term to the other Party at least sixty (60) days prior to such expiration, in which case the Agreement shall expire without renewing upon the expiration of the Initial Term or the then-current Renewal Term.

  • The Initial Term and each Renewal Term are collectively referred to as the Term.

  • The Parties agree that SG may increase Fees by up to the greater of: (a) five percent (5%); or (b) the change in the U.S. Consumer Price Index (all urban consumers) on the last day of the Initial Term or any subsequent Renewal Term.


More Definitions of Renewal

Renewal or "to renew" means (i) the issuance and delivery by an insurer of a policy superseding at
Renewal means the terms on which the contract of insurance can be renewed on mutual consent with a provision of grace period for treating the renewal continuous for the purpose of all waiting periods.
Renewal means continuing the effectiveness of a license for another period of time.
Renewal. If You pay through Your utility xxxx, by credit/debit card or by direct debit this Service Agreement will automatically renew for a further term of 12 months. If You paid by check, or if You pay by credit/debit card and requested that We not automatically renew this Service Agreement, You must renew this Service Agreement prior to the end of the Term to ensure continuous coverage. We reserve the right to not offer this Service Agreement upon renewal. Cancellation/Refund: You may cancel this Service Agreement at any time by calling HomeServe. If You cancel within thirty Key Terms:
Renewal or "to renew" means (i) the issuance and delivery by an insurer of a policy superseding at the end of the policy period a policy previously issued and delivered by the same insurer, providing types and limits of coverage at least equal to those contained in the policy being superseded, or (ii) the issuance and delivery of a certificate or notice extending the term of a policy beyond its policy period or term with types and limits of coverage at least equal to those contained in the policy. Each renewal shall conform with the requirements of the manual rules and rating program currently filed by the insurer with the Commission. Except as provided in subsection K, any policy with a policy period or term of less than 12 months or any policy with no fixed expiration date shall for the purpose of this section be considered as if written for successive policy periods or terms of six months from the original effective date.
Renewal or "to renew" means the issuance of, or the offer to issue by an insurer or an affiliate of an insurer, a policy succeeding a policy previously issued and delivered by the same insurer or an affiliated insurer or the issuance of a certificate or notice extending the terms of an existing policy for a specified period beyond its expiration date. For purposes of this section, the transfer of a policy from an insurer to an affiliate is considered a policy renewal. [PL 2005, c. 114, §3 (AMD).]
Renewal or “renew” means the issuance of a policy succeeding a previously issued policy or the issuance of a certificate or notice extending the terms of an existing policy for a specified period beyond its expiration date.