Final Settlement Period definition
Examples of Final Settlement Period in a sentence
In the event of termination of this Policy on the last day of the Policy Period, the Terminal Period will be combined with the Policy Period and this shall be termed a Final Settlement Period.
If Buyer does not respond with objections and the reasonable support therefor to the Final Settlement Statement in writing within the Final Settlement Period, such Final Settlement Statement shall be deemed approved by Buyer.
In the event of termination of this Policy on the last day of the Policy Period, the Run-Off Period immediately following termination will be combined with the Final Policy Period and this shall be termed a Final Settlement Period.
In the event that Buyer does respond, object and provide reasonable support for the same within the Final Settlement Period, the Parties shall meet within five (5) days following the receipt of Buyer’s response, objections and reasonable support and attempt to resolve the disputed items.