Common use of Notice of Cancellation or Non-Renewal Clause in Contracts

Notice of Cancellation or Non-Renewal. Policies shall be written so as to include the requirements for notice of cancellation or non-renewal in accordance with the New York State Insurance Law. Within five (5) business days of receipt of any notice of cancellation or non-renewal of insurance, the Licensor shall provide the Licensee with a copy of any such notice received from an insurer together with proof of replacement coverage that complies with the requirements of this section.

Notice of Cancellation or Non-Renewal. Policies shall be written so as to include the requirements for notice of cancellation or non-renewal in accordance with the New York State Insurance Law. Within five (5) business days of receipt of any notice of cancellation or non-renewal of insurance, the Licensor Contractor shall provide the Licensee ITS with a copy of any such notice received from an insurer together with proof of replacement coverage that complies with the insurance requirements of this sectionContract.