Termination for Nonpayment definition
Examples of Termination for Nonpayment in a sentence
Termination for Nonpayment When Group fails to pay Premium on or before the Premium Due Date, Group shall have a period of at least 31 days to pay all Premiums owed (“Grace Period”).
Termination for Nonpayment Company will allow a grace period until the end of the month for which Premium is due.
In the case of "Termination for Nonpayment", "Termination for Fraud or Intentionally Furnishing Incorrect or Incomplete Information", and "Termination for Discontinuance of a Product or all Products within a Market," Health Plan will provide both advance notice of the termination in addition to a final notice of termination.
Failure to pay your Cost Shares may result in termination of your Membership (refer to Section 6, Termination for Nonpayment).
If Account fails to make premium payments in full when due, Wellmark may terminate this Agreement as provided in Section 7.4, Termination for Nonpayment of Premium, and shall impose an interest charge on the past due premium from the due date until payment is made in full at the then current prime rate as published periodically in the Midwest edition of The Wall Street Journal plus two percent (2%) per annum.
All Members of a Group become ineligible for coverage under this Plan at the same time if the Group Service Agreement (between the Group and Health Net) is terminated, including for termination due to nonpayment of subscription charges by the Group, as described below in the "Termination for Nonpayment of Subscrip- tion Charges" provision.
Termination for Nonpayment Health Plan will allow a grace period until the end of the month for which Premiums are due.
This Lease may be terminated by the PHA at any time by giving written notice as set forth in this Section not less than thirty (30) days prior to termination, except that for Termination for Nonpayment of Rent, the length of notice required shall be fourteen (14) days and then a five (5)- day demand notice.
In the event either Party to this Agreement shall be in material breach of this Agreement (other than for nonpayment which is governed by the Termination for Non-payment clause below) and the breaching Party fails to substantially cure such breach within thirty (30) days after its receipt of a written notice specifying the details of the breach, the Party not in breach of this Agreement may terminate this Agreement by giving prompt written notice of termination.
Nonpayment notices under Section 2.6 (Renewal of Certificate and Termination for Nonpayment of Renewal Premium) and notices required under Section 4.5 (Non-Approved Servicer) shall be sent to both the Insured and the Owner whenever the Company has been notified that the Insured is a Person other than the Owner.