Common use of TERMINATION PROVISION Clause in Contracts

TERMINATION PROVISION. Any amounts due to Anthem under this funding arrangement are subscription charges under the Group Benefit Agreement to which these Funding Provisions are made a part. Any failure by the group to pay such additional subscription charges when due may result in, at Anthem’ option either: (a) termination of these funding provisions and recalculation of the subscription charges under the Group Benefit Agreement; or (b) in accordance with the Group Benefit Agreement’s Cancellation provisions, termination for failure to pay subscription charges as they become due.