Policy in good standing definition

Policy in good standing means the employer is current on all payments due to the bureau and is in compliance with bureau laws, rules, and regulations at the time of enrollment or reenrollment.
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Examples of Policy in good standing in a sentence

  • Policy in good standing" means the employer is current on all payments due to the bureau and is in compliance with bureau laws, rules, and regulations at the time of enrollment or reenrollment.

  • Buyer shall maintain the R&W Policy in good standing at all times subsequent to Closing for a minimum of six years following Closing.

  • When a licensed Owner of a Vehicle ceases to have a current and valid Ontario Standard Automobile Insurance Policy in good standing and properly endorsed in accordance with the provisions of this by-law, the Licence shall be deemed to be suspended as of the date of the expiry of the insurance policy, and the Licence shall only be reinstated upon delivery to the Licence Issuer written proof of insurance in accordance with the provisions of this by-law.

  • From and after the Closing, the Buyer shall maintain the Representation and Warranty Insurance Policy in good standing and in accordance with its terms through the term of the Representation and Warranty Insurance Policy.

  • London Life has informed the Plaintiff that it will be required to pay premiums for a period of several years beyond the period represented at the time of contracting in order to maintain the Policy in good standing.

  • When a licensed Owner ceases to have a current and valid Ontario Standard Automobile Insurance Policy in good standing and properly endorsed in accordance with the provisions of subsection 7.5(ii) of this By-law, the License shall be deemed to be suspended as of the date of the cessation of the insurance, and the License shall only be reinstated on there being delivered to the Licensing Officer, written proof of insurance in accordance with the provisions of this By-law.

Related to Policy in good standing

  • In good standing means a person who has not resigned or been suspended from membership or registration or had membership or registration revoked;

  • Good Standing means only that as of the date of this opinion the Company is up-to-date with the filing of its annual returns and payment of annual fees with the Registrar of Companies. We have made no enquiries into the Company’s good standing with respect to any filings or payment of fees, or both, that it may be required to make under the laws of the Cayman Islands other than the Companies Act.

  • Member in Good Standing means a member in service who is not subject to removal by the employing city of the member pursuant to section 400.18 or 400.19, or other comparable process, and who is not the subject of an investigation that could lead to such removal. Except as specifically provided pursuant to section 411.9, a person who is restored to active service for purposes of applying for a pension under this chapter is not a member in good standing.

  • Foreign limited liability company means an unincorporated entity formed under the law of a jurisdiction other than this state and denominated by that law as a limited liability company.

  • Professional limited liability company means a limited

  • Foreign entity means an entity other than a domestic entity.

  • Domestic limited liability company means an entity that is an unincorporated association having one or more members and that is organized under ORS chapter 63.

  • Limited liability company means a limited liability company formed under Chapter 1705 of the Ohio Revised Code or under the laws of another state.

  • Foreign limited liability partnership means a partnership that:

  • Limited Liability Company Interests means the entire limited liability company membership interest at any time owned by any Pledgor in any limited liability company.

  • Qualified Foreign Entity means a corporation, trust, association or partnership organized outside the

  • Foreign limited liability limited partnership means a foreign limited partnership whose general partners have limited liability for the obligations of the foreign limited partnership under a provision similar to section 488.404, subsection 3.

  • Certification of Incorporation means the restated certificate of incorporation of the Corporation, as it may be amended from time to time, and shall include this Certificate of Designations.

  • Limited liability means that the liability of each shareholder is limited to the amount unpaid by the shareholder on the shares of the company (except in exceptional circumstances, such as involving fraud, the establishment of an agency relationship or an illegal or improper purpose or other circumstances in which a court may be prepared to pierce or lift the corporate veil).

  • Certificate of accreditation means a certificate issued by an accrediting body to a licensed testing laboratory, entity, or site to be registered in the state.

  • Manager-managed limited liability company means a limited liability company that is managed by

  • Limited Liability Company Assets means all assets, whether tangible or intangible and whether real, personal or mixed (including, without limitation, all limited liability company capital and interest in other limited liability companies), at any time owned or represented by any Limited Liability Company Interest.

  • Foreign organization means an organization created under laws other than the laws of this state for a purpose for which an organization may be created under the laws of this state.

  • Formation means an assemblage of earth materials grouped together into a unit that is convenient for description or mapping.

  • Limited lines insurance means any of the following:

  • Organization means a person other than an individual.

  • Blanket insurance policy means a group policy covering a defined class of

  • Retail food store means that term as defined in 7 USC 2012.

  • Business organization means an individual, partnership, association, joint stock company, trust, corporation or other legal business entity or successor thereof.

  • Employee organization means any organization, union, or

  • Member-managed limited liability company means a limited liability company that is not a manager-managed limited liability company.