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
Rescission of the employment contract on the grounds that said elected official has infringed administrative rules shall not be possible unless said employee has also repeatedly and substantially failed to comply despite being cautioned for so doing.
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 means the Mortgagor’s exercise of any right to rescind the related Mortgage Note and related documents pursuant to applicable law.
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 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.