Cancellation of Coverage Sample Clauses
The "Cancellation of Coverage" clause defines the conditions and procedures under which an insurance policy or coverage can be terminated before its scheduled expiration. This clause typically outlines who may initiate cancellation—such as the insurer or the policyholder—the required notice period, and any applicable penalties or refunds. For example, it may specify that the insurer must provide written notice a certain number of days in advance or that the policyholder may cancel at any time with a prorated refund. Its core practical function is to provide a clear framework for ending coverage, thereby protecting both parties from uncertainty and ensuring that rights and obligations are understood in the event of early termination.
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Cancellation of Coverage. A Member’s coverage will end under this Contract on the earliest of the following dates when:
Cancellation of Coverage. In the event PSA is notified that a required insurance coverage will cancel or non-renew during the contract period, the Contractor shall agree to furnish prior to the expiration of such insurance, a new or revised certificate(s) as proof that equal and like coverage is in effect. PSA reserves the right, but not the obligation, to withhold payment to Contractor until coverage is reinstated. If the Contractor fails to maintain the required insurance, PSA shall have the right, but not the obligation, to purchase the required insurance at Contractor’s expense. Insurance coverage shall be in effect for the length of any contract made pursuant to this RFP, and for any extensions thereof, plus the number of days/months required to deliver any outstanding order after the close of the contract period.
Cancellation of Coverage. Coverage is not to cease and is to remain in force (subject to cancellation notice) until all performance required of Concessionaire is completed. All policies must be endorsed to provide Authority with at least thirty
Cancellation of Coverage. Upon advance written notice to the Corporation, the Shareholder may cancel his or her insurance coverage. In such event, and subject to Section E of this Article II, the Corporation shall have the right to redeem the Shares of Common Stock held by the Shareholder.
Cancellation of Coverage. Coverage is not to cease and is to remain in force (subject to cancellation notice) until all performance required of Concessionaire is completed. All policies must be endorsed or Concessionaire shall provide its policy's terms and conditions, which will provide County with at least thirty (30) calendar days notice of cancellation and/or restriction. If the any of the insurance coverages will expire prior to the termination of this Agreement, copies of renewal policies shall be furnished at least thirty (30) calendar days prior to the date of their expiration. If insurance certificates are scheduled to expire during the Agreement period, Concessionaire shall be responsible for submitting new or renewed insurance certificates for its and its Subconcessionaires' operations to the Aviation Department at a minimum of thirty (30) calendar days before such expiration. Should Concessionaire or its Sub-Concessionaires fail to provide the Aviation Department with a new or renewed insurance certificate, the terms and conditions of Article XIII entitled "Default by Concessionaire; Termination" may apply. Certificates will show that no modification or change in insurance shall be made without thirty (30) calendar days written advance notice and approval of the certificate holder.
Cancellation of Coverage. Each of the insurance policies and certificates required herein, except for workers' compensation, shall show the Lessor, the “City of Lakeland”, as an additional insured; and shall bear the following provision: This policy cannot be canceled, reduced in amount, or coverage limited by the insurer in less than thirty (30) days after mailing written notice to the insured, Lessor, City of Lakeland, of such alteration or cancellation, except for cancellation of the policy for non-payment of premium in which case at least ten (10) days advance written notice shall be given to the insured, Lessor and City of Lakeland.
Cancellation of Coverage. The retiree shall be responsible for paying the prevailing insurance premiums by the due date, and failure to make payments in a timely manner shall be cause for cancellation of participation in the group insurance plan. Coverage may not be reinstated once it is cancelled for any reason.
Cancellation of Coverage. The coverage required by this Agreement may not be canceled, nonrenewed, or materially changed without the insured Party giving at least thirty
Cancellation of Coverage. Workers compensation provided under this Contract must provide for thirty calendar days prior written notice of any cancellation in coverage to be given to the County by the provider selected by the Contractor under Section 12
Cancellation of Coverage. Coverage is not to cease and is to remain in force (subject to cancellation notice) until all performance required of Concessionaire is completed. All policies must be endorsed to provide Authority with at least thirty (30) calendar days' notice of cancellation and/or restriction. If the any of the insurance coverages will expire prior to the termination of this Agreement, copies of renewal policies shall be furnished at least thirty (30} calendar days' prior to the date of their expiration.