Non-Cancelable definition

Non-Cancelable means renewal cannot be declined nor can rates be revised by the insurance company.
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Examples of Non-Cancelable in a sentence

  • Buyer may cancel up to […***…] of an order provided that items are not covered under a Non-Cancelable, Non-Returnable (NCNR) Agreement.

  • Non-Cancelable and Non-Returnable Items: Products sold as NC/NR (Non-cancelable and Non-Returnable) are identified on the Sales Order and via Order Acknowledgement.

  • If RED does not meet the Non-Cancelable Orders quantity in the First Year, then the total amount owed by RED for the First Year will include Supplemental NRE payments as described in Section 4.6.3. To be clear, RED is under no binding obligation to purchase any units beyond the agreed Non- Cancellable Orders..

  • RED and CloudMinds agree to then finalize the Non-Cancelable order quantity so that the aggregate Gross Margin on such quantity remains equal to the Actual NRE Cost.

  • RED does not owe Supplemental NRE if the aggregate quantity of Non-Cancelable Orders is surpassed in the First Year; otherwise the Supplemental NRE is equal to the Actual NRE Cost minus the Gross Margin on Purchase Orders in the First Year.

  • All non-stocked, special order and custom items are Non-Cancelable and Non-Returnable.

  • In addition, TKL will promptly reimburse Sponsor for any amounts paid by Sponsor pursuant to this Agreement for Services that have not yet been completed (other than Non-Cancelable Costs) as of the effective date of such termination.

  • The Inventory held by WISTRON on behalf of XPLORE to meet the finished Product volumes contained in the Purchase Orders and the six (6) month rolling forecast, that are defined as customer specific or Non-Cancelable or Non-Returnable (NCNR), shall be XPLORE’s responsibility in the event of any variation or termination of the Agreement subject directly to Section 12.0 of this Agreement.

  • Orders accepted and processed by ▇▇▇▇▇▇ are Non-Cancelable and Non-Refundable without exception.

  • The Existing Non-Cancelable Orders may not be changed or canceled.