Common use of Consequence of Lapse Clause in Contracts

Consequence of Lapse. If required insurance lapses during the Term, the Judicial Council is not required to process invoices after such lapse until Title Company provides evidence of reinstatement that is effective as of the lapse date.

Consequence of Lapse. If required insurance lapses during the Term, the Judicial Council is not required to process invoices after such lapse until Title Company Consultant provides evidence of reinstatement that is effective as of the lapse date.