On-Exchange definition
Examples of On-Exchange in a sentence
During these periods, application may be made to Company (for Off-Exchange coverage) or to SHOP (for On-Exchange coverage) to enroll or drop coverage or to enroll or disenroll Dependents.
If Your coverage was purchased On-Exchange: You will need to make all policy changes directly through the Exchange.
If Your coverage was purchased On-Exchange: You will need to make all Contract changes directly through the Exchange.
On-Exchange coverage: The SHOP will establish the Effective Date of coverage.
On-Exchange: A Subscriber is a person who has applied, either personally or through a legal representative, for individual health insurance coverage to the Exchange, and has been determined by the Exchange as eligible for this Contract.
Subject to clause 5.4, in consideration for your use of the Exchange and its related services and other valuable consideration, you grant the Company and/or its Affiliates (as applicable) all rights and title to all On-Exchange Assets (including all ownership rights), subject to limited rights de- scribed in clause 5.2.
Please refer to the Schedule of Benefits to determine if your coverage is On-Exchange or Off-Exchange coverage so you will know which Contract language applies to you.
Provided, for the On-Exchange sale, the last day of purchase shall be the seventh (7th) business day if the Parties cannot agree on a specific date.
Insurer may terminate this Agreement for On-Exchange Business pursuant to the rules issued by the Exchange for cause and no Broker/Agent Fee or Bonus shall accrue on or following the effective date of such termination subject to the rules of the Exchange.
Subject to sub-paragraph (ii) below, if the Optional Early Termination is exercised in respect of some or all of the Underlying Shares pursuant to the provisions of paragraph 8 (Optional Early Termination) below, Party A shall use reasonable endeavours to Dispose of such Underlying Shares by way of On-Exchange Disposal or Block Sale by the Post-IPO Termination Date, subject to any lock-up restrictions under the SPAC Documents.