Rescind definition
Rescind means the cancellation of a contract with an RES and/or pending customer enrollment to an RES, without the incurrence of an early termination fee.
Rescind. , in relation to a contract, means to avoid the contract as from its beginning;
Rescind when used with respect to the consent, waiver or rescission of or by the Holders of a specified percentage in aggregate principal amount of Securities of any series, shall mean any of (i) a favorable vote with respect to such consent, waiver or rescission, at any meeting of Holders of Securities of such series duly called and held in accordance with the provisions of Article 13, by the Holders of the applicable percentage in aggregate principal amount of such Securities specified in the second paragraph of Section 13.4; (ii) written consents, waivers or rescissions of or by the Holders of such specified percentage in aggregate principal amount of such Securities; and (iii) a combination of the favorable vote with respect to such consent, waiver or rescission, at any meeting of Holders of Securities of such series duly called and held in accordance with the provisions of Article 13, by the Holders of less than the applicable percentage in aggregate principal amount of such Securities specified in the second paragraph of Section 13.4 and written consents, waivers or rescissions of other Holders of such Securities, where the sum of the percentage of such Holders so voting in favor and the percentage of such Holders signing such written consents, waivers or rescissions is equal to at least such specified percentage.
Examples of Rescind in a sentence
If the results raise a question of environmental quality: Buyer may request further study and delay closing as necessary; Accept the property as is; or Rescind the agreement.
More Definitions of Rescind
Rescind or “Rescinded” means to bring forward to a later meeting a previously successful motion with the intent of revoking the original motion.
Rescind has a retroactive effect and means the coverage was never in effect. We will provide the member forty-five (45) days advance written notice before coverage is rescinded.
Rescind means an administrative action by a County or the Department to revoke the approval of a Resource Family.
Rescind means, with respect to a Revocation of a KSV, to distribute to Content Participants a new System Renewability Message that does not contain such KSV (generally, “Rescission”).
Rescind means a cancellation of coverage for fraud or intentional misrepresentation of material fact that has a retroactive effect.
Rescind means an administrative action by a County to revoke a criminal record exemption or approval of a Resource Family.
Rescind means to retroactively cancel or discontinue coverage. "Rescind" does not include canceling or discontinuing coverage that only has a prospective effect or canceling or discontinuing coverage that is effective retroactively to the extent it is attributable to a failure to timely pay required premiums or contributions towards the cost of coverage.