Conversion Right definition

Conversion Right has the meaning set forth in Section 4.05(a) hereof.

Conversion Right shall have the meaning set forth in Section 8.7.A.

Conversion Right has the meaning set forth in Section 8.7(a).

Examples of Conversion Right in a sentence

• If notice of Your Conversion Right is not received by You on the date Your or Your Dependent’s coverage terminates, You have 15 days from the date You receive the notice.

• When this extension period is exhausted, You may be eligible to exercise the Conversion Right for You and Your Dependent’s coverage.

• The Amount of Life Insurance that may be converted will be subject to the terms and conditions of the Conversion Right.

• However, if:1) You elect to continue only a portion of terminated coverage under this Portability Benefit; or2) the Amount of Life Insurance exceeds the maximum Portability amount; then the Conversion Right may be available for the remaining amount.

• Coverage will continue until the first to occur of:1) the date You are covered under another group policy; or2) the last day of the 18th month following the date of termination or layoff.At the end of such 18 month period, You may exercise the Conversion Right if You do so within the time limits described in such provision.

More Definitions of Conversion Right

Conversion Right has the meaning set forth in Section 16.9.A hereof.

Conversion Right has the meaning set forth in Section 2.2(a) of this Warrant.

Conversion Right shall have the meaning set forth in Section 4.07(a).

Conversion Right means the right of a Holder of any Note to convert such Note into Conversion Shares.

Conversion Right has the meaning set forth in Section 6(a)(i).

Conversion Right has the meaning set forth in Section 2.2 hereof.

Conversion Right has the meaning provided in Condition 6(a).