Rescission definition

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

• If rescinded or cancelled by Blue Shield, the Employer shall promptly send a copy of Blue Shield's Notice of Cancellation, Rescission or Nonrenewal to each Subscriber and provide Blue Shield proof of such mailing and the date thereof.

• You are not required to move in to your residence during the Rescission Period.

• Please provide your name, address phone number and a statement that you are rescinding your Agreement under the three (3) day Right of Rescission.

• Blue Shield will send the Notice of Cancellation, Rescission or Nonrenewal to the Employer prior to any rescission.

• If after the Rescission Period, you pass away before taking occupancy of your residence, or you cannot occupy your residence due to illness, injury or incapacity, this Residency Agreement shall be automatically cancelled upon Ashlar Village receiving written notice by registered or certified mail of your inability to take occupancy of the residence.

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 the Mortgagor’s exercise of any right to rescind the related Mortgage Note and related documents pursuant to applicable law.

Rescission means a written order of the Youth Parole Authority that rescinds a parole date.

Rescission. , in relation to a contract, means avoidance of the contract as from its beginning;

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.