Benefit Effective Date definition

Benefit Effective Date means, with respect to any addition or upgrade of benefits on or after the Policy Effective Date, the commencement date of such benefit, subject to the respective waiting period (if any). The respective Benefit Effective Date is specified in the Schedule of Insured(s).
Benefit Effective Date means the date on which an Employee’s Election becomes effective. In general, the Benefit Effective Date will be the July 1 following the Open Enrollment Period each year. For newly eligible Employees and Dependents, the Benefit Effective Date will be as described in Sections 6.2 and 6.3 of this Plan.
Benefit Effective Date means the commencement date of benefit under this Policy, subject to the respective waiting period (if any). The respective Benefit Effective Date is specified in the Schedule of Insured(s).

Examples of Benefit Effective Date in a sentence

  • Original Specific Benefit Effective Date: This is the date (as shown in the above Schedule(s) of Benefits under the Benefits Specifications for Specific Benefit) when Specific Benefit coverage first became effective between You and Us for that consecutive period.

  • This benefit is not payable during a waiting period of 90 days from the Policy Effective Date, Insured Effective Date or Benefit Effective Date (whichever is the latest).

  • The Accelerated Death Benefit Payment is equal to the Unadjusted Payment minus the following charges and adjustments as of the Benefit Effective Date: 1.

  • Effect of Accelerated Death Benefit Rider on Death Benefit, Policy Values and Premium The base Policy will be subject to reductions that reflect the Unadjusted Payment as of the Benefit Effective Date.

  • Once this benefit is payable, the Insured shall not be entitled to any other benefit under this Policy in respect of the Confinement, surgical procedure or consultation received by the Insured.This benefit is not payable during a waiting period of 1 year from the Policy Effective Date, Insured Effective Date or Benefit Effective Date (whichever is the latest).

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  • From and after the Benefit Effective Date, termination of this ADB Rider shall not prevent payment of the Accelerated Death Benefit Payment for a Terminal Illness that occurred while this ADB Rider was in force, provided that the requirements of the Eligibility and Conditions for Payment section are satisfied.

  • It includes the Cost of Insurance and other Policy charges that would have been due during the twelve (12) month period following the Benefit Effective Date for coverage corresponding to the Accelerated Death Benefit Payment.

  • The benefit effective date displays on the Eligibility Details page, in the Certification section in the Benefit Effective Date field in ACES 3G.

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More Definitions of Benefit Effective Date

Benefit Effective Date means the date on which an Eligible Employee's coverage under the Plan is effective. Refer to section 2.1 for specific enrollment requirements.
Benefit Effective Date means July 1, 2021, which is the date when NDPERS will begin receiving services for its Plan Beneficiaries from PBM. Benefit Plan Design(s) or Plan Design(s) - The term “Benefit Plan Design(s)” or “Plan Design(s)” shall mean all matters described in Exhibit D to the Agreement and/or in a Benefit Specification Form or Benefit Change Form. Benefit Specification Form or BSF - The term “Benefit Specification Form” or “BSF” shall mean the form that is completed by NDPERS that specifies the terms and provisions of NDPERS’ Benefit Plan Design(s) and the configuration of system edits, including but not limited to which prescription and OTC medications are covered by NDPERS (and/or are not covered); Copayments and Coinsurance requirements; the Formulary selected; the Benefit Plan Design tier structure; any limitations on coverage such as deductibles; a description of the HDHP and HSA Plan; and any Programs selected for any Plan, together with the relevant protocols and services that must be rendered in connection with each Program. Each Benefit Specification Form must be executed by PBM and NDPERS. PBM and NDPERS will each retain a copy of all Benefit Specification Forms, but PBM will provide NDPERS with said Forms upon request for Audits.
Benefit Effective Date. – means the date a benefit becomes effective following any waiting periods that may apply.

Related to Benefit Effective Date

  • Target Effective Date has the meaning specified in Section 2.01(a).

  • Plan Effective Date means the occurrence of the effective date of the Plan according to its terms.

  • Transition Effective Date has the meaning set forth in Section II.D.3.

  • Contract Effective Date means the date agreed upon by the parties for beginning the period of performance under the contract. In no case shall the effective date precede the date on which the contracting officer or designated higher approval authority signs the document.

  • Transfer Effective Date shall have the meaning set forth in each Commitment Transfer Supplement.

  • Restatement Effective Date means the date on which the conditions specified in Section 4.01 are satisfied (or waived in accordance with Section 9.02).

  • Disability Effective Date means the date on which termination of employment becomes effective due to Disability.

  • Initial Effective Date means the date that the Initial Registration Statement has been declared effective by the SEC.

  • Policy Effective Date means the commencement date of these Terms and Benefits which is specified as "Policy Effective Date" in the Policy Schedule.

  • Settlement Effective Date means the date on which the Final Order is Final, provided that by such date the Settlement has not been terminated in accordance with Article 11.

  • Resignation Effective Date has the meaning specified in Section 9.06(a).

  • Agreement Effective Date means the date on which the conditions set forth in Section 2 have been satisfied or waived by the appropriate Party or Parties in accordance with this Agreement.

  • Merger Effective Date means the date on which the Merger is consummated.

  • Early Termination Effective Date is defined in Section 4.2 of this Agreement.

  • Extension Effective Date has the meaning assigned to such term in Section 2.22(a).

  • PAL effective date generally means the date of issuance of the PAL permit. However, the PAL effective date for an increased PAL is the date any emissions unit that is part of the PAL major modification becomes operational and begins to emit the PAL pollutant.

  • SEC Effective Date means the date the Registration Statement is declared effective by the Commission.

  • Effective Termination Date has the meaning set forth in Section 10(b) hereof.

  • the Effective Date means each date that the Registration Statement and any post-effective amendment or amendments thereto became or become effective. "Execution Time" shall mean the date and time that this Agreement is executed and delivered by the parties hereto. "Basic Prospectus" shall mean the form of basic prospectus relating to the Securities contained in the Registration Statement at the Effective Date. "Prospectus" shall mean the Basic Prospectus as supplemented by the Prospectus Supplement. "Registration Statement" shall mean the Registration Statement referred to in paragraph (a) above, including incorporated documents, exhibits and financial statements, as amended at the Execution Time. "Rule 415" and "Rule 424" refer to such rules under the Act. Any reference herein to the Registration Statement, the Basic Prospectus, the Prospectus Supplement or the Prospectus shall be deemed to refer to and include the documents incorporated by reference therein pursuant to Item 12 of Form S-3 which were filed under the Exchange Act on or before the Effective Date or the issue date of the Basic Prospectus, the Prospectus Supplement or the Prospectus, as the case may be; and any reference herein to the terms "amend", "amendment" or "supplement" with respect to the Registration Statement, the Basic Prospectus, the Prospectus Supplement or the Prospectus shall be deemed to refer to and include the filing of any document under the Exchange Act after the Effective Date or the issue date of the Basic Prospectus, the Prospectus Supplement or the Prospectus, as the case may be, deemed to be incorporated therein by reference.

  • Amendment Effective Date has the meaning set forth in the Amendment Agreement.

  • IPO Effective Date means the date upon which the Securities and Exchange Commission declares the initial public offering of the Company's common stock as effective.

  • Additional Effective Date means the date the Additional Registration Statement is declared effective by the SEC.

  • Change of Control Effective Date means the first date during the Change of Control Period (as defined in Section 7.2) on which a Change of Control occurs. Notwithstanding anything in this Agreement to the contrary, if a Change of Control occurs and if the Executive’s employment with the Company (or applicable affiliated company) is terminated prior to the date on which the Change of Control occurs, and if it is reasonably demonstrated by the Executive that such termination of employment (i) was at the request of a third party who has taken steps reasonably calculated to effect a Change of Control or (ii) otherwise arose in connection with or anticipation of a Change of Control, then for all purposes of this Agreement the “Change of Control Effective Date” shall mean the date immediately prior to the date of such termination of employment.

  • First Restatement Effective Date means the “Restatement Effective Date” as defined in the First Amendment Agreement.

  • Original Effective Date means the Effective Date under, and as defined in, the Original Credit Agreement.

  • €STR Index Cessation Effective Date means, in respect of an €STR Index Cessation Event, the first date on which €STR is no longer provided by the European Central Bank (or any successor administrator of €STR), as determined by the Issuer and notified by the Issuer to the Calculation Agent;