Run-out Period definition
Examples of Run-out Period in a sentence
Claims Runout Period shall be for the 12 months following the date of termination of this Agreement.
Any unused Collateral will be returned to Employer at the end of the Runout Period.
Monthly payments for Runout Claims and the Runout Services Fee are due and payable by Employer for each month during the Runout Period within 31 calendar days following delivery to Employer by BCBSKC of the Monthly Settlement Report.
Employer shall maintain such letter of credit until the end of the Runout Period.
This terms and conditions set forth in this Attachment I will continue throughout the term of the Contract, the Run-out Period (as defined herein), and for an additional twelve (12) months following the end of the Run-out Period, at which time this Attachment will automatically terminate.