Date of Discontinuance definition

Date of Discontinuance means the date on which the Policy is converted to a Discontinued Life Policy at the expiry of the Grace Period in a Policy where the due Regular Premium has not been paid. The details are as given in Section 7 below.
Date of Discontinuance means the
Date of Discontinuance means the date on which We receive a written intimation from You about the Discontinuance of this Policy or surrender of the Policy or on the expiry of the 30 (Thirty) day notice period specified in Clause 5.7 and Clause 5.8, whichever is earlier;

Examples of Date of Discontinuance in a sentence

  • This amendment shall be effective with regard to Participants with a Date of Discontinuance of Employment on or after March 2, 2006, but will not apply to any Participant whose Separation Agreement became final prior to January 1, 2006.

  • The resulting amount shall be paid within seven (7) days following the Date of Discontinuance except as the Company may be permitted to defer payment under applicable law.

  • EFFECT OF CONTRACT DISCONTINUANCE - On and after the Date of Discontinuance as defined in the Contract Discontinuance Provisions of this Rider, no Contributions will be payable to, or accepted by, the Company.


More Definitions of Date of Discontinuance

Date of Discontinuance means the date on which the Company receives the intimation from you about the Discontinuance of the policy or Complete Withdrawal (surrender) of the policy or expiry of grace period, whichever is earlier.
Date of Discontinuance means the date on which We receive a written intimation from You about the Discontinuance of the Policy or You opting to choose to revive the Policy or complete withdrawal (i.e. surrender) of the Policy or expiry of the Notice Period specified in Part C, whichever is earlier;
Date of Discontinuance means the date on which We receive a written intimation from You about the surrender of the Policy or on expiry of the Grace Period, whichever is earlier;
Date of Discontinuance means the date on which we receive a communication from you requesting for surrender of the policy or discontinuance of the policy or on the date of expiry of notice period within which you are supposed to exercise an option as per the options given in the notice of discontinuance, whichever is earliest.
Date of Discontinuance means the date on which any of the events described in clauses 8.1.1 to 8.1.4 (inclusive) occurs, or the date advised in writing by the Employer or Capital Alliance to the other, that the Policy will be terminated.
Date of Discontinuance means the date on which the policy is converted to a Discontinued Life Policy wherein Policyholder has surrendered the policy during the first five (5) policy years. The details are given in Section 5c) below.
Date of Discontinuance means the date at the expiry of Grace Period when the Policy enters the Discontinuance state on account of non-payment of the Regular Premium due before the expiry of the Grace Period or Date of Surrender of the Policy during the first five (5) Policy Years.