Common use of ---NOTICE OF CANCELLATION OR REDUCTION OF COVERAGE Clause in Contracts

---NOTICE OF CANCELLATION OR REDUCTION OF COVERAGE. The insurance policies, performance bond and letter of credit required herein shall each contain an explicit endorsement stating that such insurance policies, performance bond and letter of credit are intended to cover the liability assumed by the Licensee under the terms of the Final License and shall contain the following endorsement: It is hereby understood and agreed that this policy (or bond or letter of credit) shall not be cancelled, materially changed or the amount of coverage thereof reduced until thirty (30) days after receipt by the Issuing Authority by certified mail of one (1) copy of a written notice of such intent to cancel, materially change or reduce the coverage required herein.

---NOTICE OF CANCELLATION OR REDUCTION OF COVERAGE. The insurance policies, performance bond and letter of credit required herein shall each contain an explicit endorsement stating that such insurance policies, performance bond ▇▇▇▇ and letter of credit are intended to cover the liability assumed by the Licensee under the terms of the Final License and shall contain the following endorsement: It is hereby understood and agreed that this policy (or bond or letter of credit) shall not be cancelled, materially changed or the amount of coverage thereof reduced until thirty (30) days after receipt by the Issuing Authority by certified mail of one (1) copy of a written notice of such intent to cancel, materially change or reduce the coverage required herein.

---NOTICE OF CANCELLATION OR REDUCTION OF COVERAGE. The insurance policies, performance bond and letter of credit required herein shall each contain an explicit endorsement stating that such insurance policies, performance bond and letter of credit are intended to cover the liability assumed by the Licensee under the terms of the Final this Renewal License and shall contain the following thefollowing endorsement: It is hereby understood and agreed that this the policy (or bond or letter of credit) shall not be cancelled, materially changed or the amount of coverage thereof reduced until thirty sixty (3060) days after receipt by the Issuing Authority by certified mail of one one (1) copy of a written notice of such intent to cancel, materially change or reduce the coverage required herein.

---NOTICE OF CANCELLATION OR REDUCTION OF COVERAGE. The insurance policies, performance bond and letter of credit required herein shall each contain an explicit endorsement stating that such insurance policies, performance bond and letter of credit are intended to cover the liability assumed by the Licensee under the terms of the Final Renewal License and shall contain the following endorsement: It is hereby understood and agreed that this policy (or bond or letter of credit) shall not be cancelledcanceled, materially changed or the amount of coverage thereof reduced until thirty sixty (3060) days after receipt by the Issuing Authority by certified mail of one (1) copy of a written notice of such intent to cancel, materially change or reduce the coverage required herein.