Policy Change definition

Policy Change has the meaning set forth in Section 7.01(c).

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Policy Change has the meaning given to that term in clause 12.3(a).

Policy Change means altering an informal or formal 890 agreement between public or private sectors which sets forth 891 values, behaviors, or resource allocation in order to improve 892 health.

Examples of Policy Change in a sentence

• In respect of any Adverse Policy Change the Parties shall, acting reasonably and in good faith, develop, agree and implement a remedial plan with the objective of mitigating any material increase in risk or reduction in operational controls available to the Provider or the Recipient in connection with the provision or receipt of the Services or material increase in the cost or reduction in the benefit to the Recipient or Provider in receiving or providing the Services.

• Within a reasonable period of time prior to effecting any Excluded Policy Change, the Ceding Company shall provide reasonably detailed notice to the Reinsurer describing the nature of such change and the reasons for making such change.

• In the event of any such proceeding, the arbitration panel shall only be authorized to determine whether the disputed change is an Excluded Policy Change.

• If the resolution of the dispute results in a determination that the change was not an Excluded Policy Change, the Parties will use the mechanism set forth in Section 2.3(b) to value the impact of the change.

• Within five (5) Business Days following the Reinsurer’s receipt of notice of any (i) change made due to Exigent Circumstances, or (ii) change required by Applicable Law, a Governmental Authority or any Existing Reinsurance Agreement pursuant to Section 2.3(a)(iii), the Reinsurer shall provide written notice to the Ceding Company of any disagreement that such change was an Excluded Policy Change.

• However, CONTRACTOR is responsible for notifying OC SAN of any pending or actual insurance policy cancellation, as described in Article C.2., Cancellation and Policy Change Notice, above.

• Company shall not agree to, and shall cause Servicer not to, make any Material Collection Policy Change without the prior written consent of the Administrative Agent and the Requisite Lenders, provided, however, if such written consent shall not have been obtained within seven (7) Business Days following request therefor by Company or Servicer, Administrative Agent and the Requisite Lenders shall be deemed to have consented thereto.

• Policy Change Limit – We reserve the right to require Evidence of Insurability for any policy change that would result in an increase in Net Amount at Risk and, if the Evidence of Insurability is inconsistent with our underwriting rules, we may limit or refuse the policy change.

• Policy Change Limit – We reserve the right to require Evidence of Insurability for any Policy change that would result in an increase in Net Amount at Risk and, if the Evidence of Insurability is inconsistent with our underwriting rules, we may limit or refuse the Policy change.

• The initial Servicer will not agree or otherwise permit any Material Credit and Collection Policy Change in the Credit and Collection Policy without the prior written consent of the Agent.

More Definitions of Policy Change

Policy Change means altering an informal or formal 846 agreement between public or private sectors which sets forth 847 values, behaviors, or resource allocation in order to improve 848 health.

Policy Change as defined in Section 14.7. --------------

Policy Change means a change to a Policy or the implementation of a new Policy;

Policy Change shall have the meaning set forth in Section 3.4.7 hereof.

Policy Change means altering an informal or formal 865 agreement between public or private sectors which sets forth 866 values, behaviors, or resource allocation in order to improve 867 health.