Common use of Termination for Non-Payment Clause in Contracts

Termination for Non-Payment. In the event GROUP shall materially fail to comply with Section IV (3.1) titled “Financial Terms of GROUP” with respect to either the medical, dental, or vision coverage, BCBSRI shall have the right to cancel this Agreement upon thirty-one (31) days written notice. GROUP shall have the right to cure such noncompliance within said thirty-one days (“grace period’), as defined in Section 3.1 of this Agreement.

Appears in 5 contracts

Samples: Sales Agreement Small Group, Sales Agreement Small Group, Sales Agreement Small Group

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Termination for Non-Payment. In the event GROUP shall materially fail to comply with Section IV (3.1) titled “Financial Terms of GROUP” with respect to either the medical, dental, or vision coverage, BCBSRI shall have the right to cancel this Agreement upon thirty-one (31) days written notice. GROUP shall have the right to cure such noncompliance within said thirty-one (31) days (“grace period’), as defined in Section 3.1 of this Agreement.

Appears in 5 contracts

Samples: Sales Agreement Large Group, Sales Agreement Large Group, Sales Agreement Large Group

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Termination for Non-Payment. In the event GROUP shall materially fail to comply with Section IV (3.1) titled “Financial Terms of GROUP” with respect to either the medical, dental, or vision coverage, BCBSRI shall have the right to cancel this Agreement upon thirty-one (31) days written notice. GROUP shall have the right to cure such noncompliance non- compliance within said thirty-one (31) days (“grace period’), as defined in Section 3.1 of this Agreement.

Appears in 1 contract

Samples: Sales Agreement Large Group

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