Rescission definition

Rescission has the meaning specified therefor in Section 7(k).

Rescission or “to rescind” means a cancellation or discontinuance of coverage that has a retroactive effect. “Rescission” does not include a cancellation or discontinuance of coverage that has only a prospective effect or a cancellation or discontinuance of 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.

Rescission means a cancellation or discontinuance of coverage under a health benefit plan that has

Examples of Rescission in a sentence

• The term of this Agreement activates upon your enrollment completion with the Utility, designating Eastern PNG as your natural gas supplier, mindful of your rescission rights outlined in the “Customer’s Rescission Right” section.

• Blue Shield will send the Notice of Cancellation, Rescission or Nonrenewal to your Employer prior to any rescission.

• Your Employer must provide you with a copy of the Notice of Cancellation, Rescission or Nonrenewal.

• If rescinded or cancelled by Blue Shield, the Employer shall promptly send a copy of Blue Shield's Notice of Cancellation, Rescission or Nonrenewal to each Subscriber and provide Blue Shield proof of such mailing and the date thereof.

• Cancellation is effective on the date specified in the Notice of Cancellation, Rescission or Nonrenewal and the Notice of End of Coverage.

More Definitions of Rescission

Rescission means the right of a Mortgagor to rescind the related Note and related documents pursuant to applicable law.

Rescission means annulling the loan contract and, with

Rescission or “to rescind” means a cancellation or discontinuance of coverage that has a retroactive effect.

Rescission means the Mortgagor’s exercise of any right to rescind the related Mortgage Note and related documents pursuant to applicable law.

Rescission means a written order of the Youth Parole Authority that rescinds a parole date.

Rescission. , in relation to a contract, means avoidance of the contract as from its beginning;

Rescission means a cancellation or discontinuance of coverage under the Plan that has a retroactive effect. In accordance with Section 2712 of the PHSA, rescission does not include a cancellation or discontinuance of coverage under the Plan if: (a) the cancellation or discontinuance of coverage has only a prospective effect; or (b) the cancellation or discontinuance of coverage is effective retroactively to the extent it is attributable to a failure to timely pay required premiums or contributions towards the cost of coverage; or (c) fraud.