Renewal definition

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 the process by which a permit is reissued at the end of its term.
Renewal means to validate a license certificate so that it expires at a later

Examples of Renewal in a sentence

  • The notice must be delivered at least ninety (90) days prior to the end of the Original Term or any Renewal Term.

  • In the event of termination of this Agreement pursuant to Customer’s exercise of its right under this Section, Customer shall be entitled to receive from Palantir, a refund of a pro-rated portion of the fees paid hereunder that reflects the remaining portion of the Term (or, Initial Term or Renewal Term, if and as applicable) active at the time of termination.

  • Renewal is subject to the CMSD’s reasonable determination that the Governing Authority has complied with applicable law and terms of the contract and that the school’s progress in meeting the academic, organizational, and financial goals prescribed in the Contract have been satisfactory.

  • Unless otherwise agreed by the parties in writing, the subscription fee for each Renewal Subscription Term will be priced at JCI's then-applicable list price for that Software offering.

  • We will also make individual client administration charges per policy: New Business £50 Renewal/ Replacement £50 Mid-term Adjustment - per occurrence £25 Cancellation (including during the 14-day Cooling Off period) £25 Our commission and fee(s) are earned on placement of your insurance.


More Definitions of Renewal

Renewal or "to renew" means (i) the issuance and delivery by an insurer of a policy superseding at
Renewal means continuing the effectiveness of a license for another period of time.
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 or "to renew" means the issuance of, or the offer to issue by an insurer, a policy succeeding a policy previously issued and delivered by the same insurer or an affiliate of the 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 the purposes of this section, the transfer of a policy from an insurer to an affiliate is considered a policy renewal. [PL 2007, c. 188, Pt. C, §1 (AMD).]
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 “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.
Renewal or "to renew" means the issuance or offer of issuance by an insurer of a policy succeeding a policy previously issued and delivered by the same insurer or an insurer within the same group of insurers, or the issuance of a certificate or notice extending the term of an existing policy for a specified period beyond its expiration date;