Rescind definition

Rescind means the cancellation of a contract with an RES and/or pending customer enrollment to an RES, without the incurrence of an early termination fee.
Rescind. , in relation to a contract, means to avoid the contract as from its beginning;
Rescind when used with respect to the consent, waiver or rescission of or by the Holders of a specified percentage in aggregate principal amount of Securities of any series, shall mean any of (i) a favorable vote with respect to such consent, waiver or rescission, at any meeting of Holders of Securities of such series duly called and held in accordance with the provisions of Article 13, by the Holders of the applicable percentage in aggregate principal amount of such Securities specified in the second paragraph of Section 13.4; (ii) written consents, waivers or rescissions of or by the Holders of such specified percentage in aggregate principal amount of such Securities; and (iii) a combination of the favorable vote with respect to such consent, waiver or rescission, at any meeting of Holders of Securities of such series duly called and held in accordance with the provisions of Article 13, by the Holders of less than the applicable percentage in aggregate principal amount of such Securities specified in the second paragraph of Section 13.4 and written consents, waivers or rescissions of other Holders of such Securities, where the sum of the percentage of such Holders so voting in favor and the percentage of such Holders signing such written consents, waivers or rescissions is equal to at least such specified percentage.

Examples of Rescind in a sentence

  • Right to Rescind: You have the “Right to Rescind” this contract for three business days, which means you can cancel your request to switch your service and never start service with us.

  • An Adverse Benefit Determination can also be a decision to deny Health Benefit Plan coverage or to Rescind coverage.

  • If The Plan makes a decision to rescind the Member’s coverage due to a fraud or an intentional misrepresentation of a material fact, The Plan will provide the Member with a Notice of Intent to Rescind at least thirty (30) days prior to rescinding coverage.

  • Right to Rescind: You have the “Right to Rescind” this contract for three business days, which means you can cancel your request to switch your electricity service and never start service with us.

  • A one-year price history of Nordic’s variable rates may be found at: https://www.nordicenergy- us.com/illinois-average-rates/Contract RenewalContract Renewal:This Agreement will automatically renew on a month-to-month basisfollowing the initial 1-month term.Right to Rescind and TerminateRescissionYou have the right to rescind (stop) your enrollment within 10 calendar days after the date on your Gas Utility’s written notice confirming the switch of your supplier.


More Definitions of Rescind

Rescind or “Rescinded” means to bring forward to a later meeting a previously successful motion with the intent of revoking the original motion.
Rescind has a retroactive effect and means the coverage was never in effect. We will provide the member forty-five (45) days advance written notice before coverage is rescinded.
Rescind means an administrative action by a County or the Department to revoke the approval of a Resource Family.
Rescind means, with respect to a Revocation of a KSV, to distribute to Content Participants a new System Renewability Message that does not contain such KSV (generally, “Rescission”).
Rescind means a cancellation of coverage for fraud or intentional misrepresentation of material fact that has a retroactive effect.
Rescind means to retroactively cancel or discontinue coverage. "Rescind" does not include canceling or discontinuing coverage that only has a prospective effect or canceling or discontinuing coverage that is effective retroactively to the extent it is attributable to a failure to timely pay required premiums or contributions towards the cost of coverage.
Rescind means the cancellation of a pending customer enrollment to a RES.