Run-Off Period definition

Run-Off Period has the meaning specified in Section 11.1.
Run-Off Period means one or more successive Run Off Days.
Run-Off Period means the twelve-Month period immediately following the termination of this Agreement.

Examples of Run-Off Period in a sentence

  • A final settlement shall be made within ninety (90) days after the last day of the Run–Off Period.


More Definitions of Run-Off Period

Run-Off Period means the period commencing on the Effective Date and ending on the date on which all potential Policy Claims are expected to have matured based on the then- current Run-Off Projections.
Run-Off Period means one of the periods described in Item 6. of the Declarations, which is elected and purchased pursuant to Section I. below.
Run-Off Period means the period of 6 years immediately following the end of the former insured’s last period of cover as an insured;
Run-Off Period means the time period immediately following termination of the Agreement, indicated in the Fee Schedule specifications of the most current ASO BPA, during which Claim Administrator will accept Run-Off Claims submitted for payment.
Run-Off Period means the period specified as such in Schedule 1; “Schedule” means a schedule to this Agreement;
Run-Off Period means, with respect to each Bond issued and outstanding on the Date of Termination, six (6) years from such Date of Termination or the expiration of such Bond, whichever occurs earlier.
Run-Off Period means the period of 7 years from the end of the licensee’s last period of indemnity during which, or at the end of which, the licensee’s business ceases, and a licensee’s business shall not be deemed to have ceased for the purposes of this definition where there is a succeeding business;