Sunset Clause definition

Sunset Clause means any provision in a Bilateral Investment Treaty which extends the protection of investments made prior to the date of termination of that Treaty for a further period of time.

Sunset Clause. If at the renewal falling due any time between 1st July 2002 and 30th June 2003, both days inclusive, (after completion of the full Policy period of 12 months) an Insured becomes entitled to an NCB of 55% or 65% in Terms of the Tariff prevailing prior to 1st July 2002, the entitlement of such higher percent-age of NCB will remain protected for all subsequent renewals till a claim arises under the Policy, in which case the NCB will revert to ‘Nil’ at the next renewal. Thereafter, NCB if any earned, will be in Terms of the above table. ENDORSEMENTS (Only the Endorsements mentioned in the Schedule shall form part of the Policy)

Sunset Clause. The provisions of this Section (Six) expire automatically upon termination of the Agreement. Either party may renegotiate for the inclusion of this provision or any modification thereof in any successor agreement.

Examples of Sunset Clause in a sentence

• For further details about completing this document see the Sunset Clause Guide.

• Thus, TDU Intervenors believe that “unless the market participant is already a transmission customer or transmission owner” should be inserted at the end of section 1.2.1 of Attachment AE.

• In the event of a Sunset Clause or a Denial of a Re-Authorization directive, the Chapter containing the Sunset Clause or Re-Authorization directive is automatically amended by repealing the Chapter pursuant to CSUN Bylaw 001.03.a.

• Sunset Clause: If at the renewal falling due any time between 1st July 2002 and 30th June 2003, both days inclusive, (after completion of the full policy period of 12 months) an insured becomes entitled to an NCB of 55% or 65% in terms of the Tariff prevailing prior to 1st July 2002, the entitlement of such higher percentage of NCB will remain protected for all subsequent renewals till a claim arises under the policy, in which case the NCB will revert to “Nil” at the next renewal.

• In line with the Retail Distribution Review (RDR) and the RDR Sunset Clause Maitland no longer offers initial and trail commission on funds it manages.

More Definitions of Sunset Clause

Sunset Clause within the 2012 Act however means that MUP will expire after 6 years unless the Scottish Parliament passes an order to extend it. To inform this decision there is a review clause which requires Ministers to present a review report to Parliament on the impact of MUP after 5 years of operation.

Sunset Clause there is a suspension of required overtime, to expire at the conclusion of this Agreement.

Sunset Clause a clause contained in all the Policies (and as defined in the Policies) which provides for a ten (10) year limitation period from the date the policy was written in which to report a claim;

Sunset Clause means that when a condition is satisfied the Agreement will come to an end.

Sunset Clause means a provision of a residential off-the-plan contract that provides for the contract to be rescinded if—

Sunset Clause means a provision of an off the plan contract that provides for

Sunset Clause. If at the renewal falling due any time between 1st July 2002 and 30th June 2003, both days inclusive, (after completion of the full Policy period of 12 months) an Insured becomes entitled to an NCB of 55% or 65% in terms of the Tariff prevailing prior to 1st July 2002, the entitlement of such higher percentage of NCB will remain protected for all subsequent renewals till a claim arises under the Policy, in which case the NCB will revert to ‘Nil’ at the next renewal. Thereafter, NCB if any earned, will be in terms of the above table. No Claim Bonus will only be allowed provided the policy is renewed within 90 days of the expiry date of the previous policy. If a claim is made under Section I Loss or Damage to the Vehicle Insured the No Claim Bonus will not get affected during the course of the long term. The NCB will be offered as per Your eligibility. Three Year Policy: For a New vehicle, the NCB will normally begin at 0% and will remain so for the duration of the policy. If there is no accident during the currency of the policy, we will offer 35% NCB on renewal of the policy for the next slab of 3 years. You will be given a choice to opt for either a 2 year or 3 year policy at the time of renewal. If one claim is reported during any of the three years, the NCB on next renewal will drop by one slab to 25%. If 2 claims are reported during the current term of the policy, You will not be eligible for any NCB on renewal.