Rescission has the meaning specified therefor in Section 7(k).
Rescission or “to rescind” means a cancellation or discontinuance of coverage that has a retroactive effect. “Rescission” does not include a cancellation or discontinuance of coverage that has only a prospective effect or a cancellation or discontinuance of 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.
Rescission means a cancellation or discontinuance of coverage under a health benefit plan that has
Examples of Rescission in a sentence
Acceleration of Maturity; Rescission and Annulment 98 Section 603.
More Definitions of Rescission
Rescission means the right of a Mortgagor to rescind the related Note and related documents pursuant to applicable law.
Rescission means annulling the loan contract and, with
Rescission or “to rescind” means a cancellation or discontinuance of coverage that has a retroactive effect.
Rescission means a written order of the Youth Parole Authority that rescinds a parole date.
Rescission means the Mortgagor’s exercise of any right to rescind the related Mortgage Note and related documents pursuant to applicable law.
Rescission means a cancellation or discontinuance of coverage under the Plan that has a retroactive effect. In accordance with Section 2712 of the PHSA, rescission does not include a cancellation or discontinuance of coverage under the Plan if: (a) the cancellation or discontinuance of coverage has only a prospective effect; or (b) the cancellation or discontinuance of coverage is effective retroactively to the extent it is attributable to a failure to timely pay required premiums or contributions towards the cost of coverage; or (c) fraud.