Notification Regarding Lock-In and End of Lock-In Period Sample Clauses

The 'Notification Regarding Lock-In and End of Lock-In Period' clause requires one party to formally inform the other about the commencement and conclusion of a lock-in period, which is a predetermined timeframe during which certain actions, such as contract termination or withdrawal, are restricted. Typically, this clause outlines the method and timing for delivering such notifications, ensuring both parties are aware of when the lock-in period starts and ends. Its core function is to provide clarity and prevent disputes by ensuring both parties have clear, documented awareness of their rights and obligations during and after the lock-in period.
Notification Regarding Lock-In and End of Lock-In Period. LDSS, either directly or through the Enrollment Broker, shall notify Enrollees of their right to change MCOs in the enrollment confirmation notice sent to individuals after they have selected a MCO or been auto-assigned (the latter being applicable to areas where the mandatory program is in effect). LDSS and the Enrollment Broker will be responsible for providing a notice of end of Lock-In and the right to change MCOs at least sixty (60) days prior to the first plan enrollment anniversary date.
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Related to Notification Regarding Lock-In and End of Lock-In Period

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  • Certain Notifications Until Closing From the Signing Date until the Closing, the Company shall promptly notify the Investor of (i) any fact, event or circumstance of which it is aware and which would reasonably be expected to cause any representation or warranty of the Company contained in this Agreement to be untrue or inaccurate in any material respect or to cause any covenant or agreement of the Company contained in this Agreement not to be complied with or satisfied in any material respect and (ii) except as Previously Disclosed, any fact, circumstance, event, change, occurrence, condition or development of which the Company is aware and which, individually or in the aggregate, has had or would reasonably be expected to have a Company Material Adverse Effect; provided, however, that delivery of any notice pursuant to this Section 3.4 shall not limit or affect any rights of or remedies available to the Investor; provided, further, that a failure to comply with this Section 3.4 shall not constitute a breach of this Agreement or the failure of any condition set forth in Section 1.2 to be satisfied unless the underlying Company Material Adverse Effect or material breach would independently result in the failure of a condition set forth in Section 1.2 to be satisfied.

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