Runoff Period definition

Runoff Period. A period not to exceed ten (10) consecutive months, commencing on the Calendar Day immediately following the Termination Date.
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Runoff Period shall have the meaning set forth in Section 8.05(c).
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Runoff Period means the run−off period specified in the Administrative Services Agreement, unless otherwise specified on the Exhibit.
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Examples of Runoff Period in a sentence

  • AuthorizationBy acceptance of this Policy, the Parent Company agrees to act on behalf of the Insureds with respect to the giving and receiving of any notice provided for in this Policy (except the giving of notice to apply for any Extended Reporting or Runoff Period), the payment of premiums and the receipt of any return premiums that may become due under this Policy, and the agreement to and acceptance of endorsements, and the Insureds agree that the Parent Company shall act on their behalf.

  • Run-off Period: shall mean the period starting as from the exceeding or shortfall of the GIS until the end date as defined under the Run-off rules in attachment D1 of the ACS.

  • You shall agree, (a) to pay during the Run-off Period any additional premium required by us, (b) that any premium paid or to be paid under this Policy is deemed fully earned upon the inception of such coverage extension, and(c) to accept any additional terms and conditions required by us.

  • For municipalities: Flow 100 gpd/cap, including infiltration BOD 0.17 lb/day/cap (0.22 lb/day/cap may be used when garbage grinders are prevalent) Suspended Solids 0.20 lb/day/cap (0.25 lb/day/cap may be used when garbage grinders are prevalent) Runoff Period 24 hours Note: Add appropriate allowance for industrial, commercial, institutional and recreational contributions.

  • Enhancing Operational Feasibility of the U.S. Resolution Strategy Access to reports and key data would be critical during the Runoff Period, over Resolution Weekend and in the weeks and months following Resolution Weekend.

  • For the avoidance of doubt, the Storage Operator shall not interrupt the Customer’s Withdrawal Nomination in respect of the withdrawals by the Customer for any Gas Flow Day in a Run-off Period.

  • Run-off Period: A period of seven (7) Days commencing at the end of each Active Year.

  • U.S. Material Service Companies: DBSA and DBSNJ The two U.S. material service entities, DBSA and DBSNJ, are also expected to continue to operate in the ordinary course and not enter Chapter 11 proceedings after the Runoff Period.

  • For the avoidance of doubt, the Service Provider shall not interrupt the Customer’s Withdrawal Nomination in respect of the withdrawals by the Customer for any Day in a Run-off Period.

  • If the Named Insured elects to purchase a Run-off Period, they shall submit to the Underwriter: (i) a written request to purchase the Run-Off Period, and (ii) payment of the additional premium for such Run-Off Period, no later than sixty (60) days following the effective date of such Change in Control.


More Definitions of Runoff Period

Runoff Period means the earlier of (i) the period stated in Schedule 1, or
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Runoff Period. The period of time as explained in Section 35.1.5. Rural Health Clinic or Center (“RHC”): A clinic that is located in an area that has a Provider shortage. An RHC provides primary Care and related diagnostic services and may provide optometric, podiatry, chiropractic, and Behavioral Health Services. An RHC employs, contracts, or obtains volunteer services from Providers to provide services. Serious Emotional Disturbance (“SED”): Children and youth who currently or at any time during the past year have had a diagnosable mental, behavioral, or emotional disorder to meet diagnostic criteria in the following ICD-10 codes: F-20 Schizophrenia, F-31 Bipolar Disorder, F-33 Major Depressive Disorder, F-41 Other Anxiety Disorders, and F-50 Eating Disorders.
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Related to Runoff Period

  • Tariff period means the period for which tariff is to be determined by the Commission on the basis of norms specified under these Regulations;

  • Off-Peak Period means the period during which the demand on an electric utility system is not at or near its maximum. For the purpose of this section, the off-peak period includes all hours that are not in the peak period.

  • Payoff Period For the first Distribution Date, the period from the Cut-Off Date through November 14, 2005, inclusive; and for any Distribution Date thereafter, the period from the 15th day of the Prior Period through the 14th day of the month of such Distribution Date, inclusive.

  • Cooling Off Period means the duration of time counted from the date when the direct seller and the direct selling entity enter into an agreement and ending with the date on which the contract is to be performed and within which direct seller may repudiate the agreement without being subject to penalty for breach of contract.

  • Shelf Period has the meaning set forth in Section 2.02(b).

  • Payback Period means the reasonably estimated period of time that it takes for the cost savings resulting from a capital improvement to equal the total cost of the capital improvement. Landlord, by itself or through an affiliate, shall have the right to directly perform, provide and be compensated for any services under this Lease. If Landlord incurs Expenses for the Building or Property together with one or more other buildings or properties, whether pursuant to a reciprocal easement agreement, common area agreement or otherwise, the shared costs and expenses shall be equitably prorated and apportioned between the Building and Property and the other buildings or properties.

  • Peak Period means the time between 6 a.m. and 10 p.m. (April through September) or between 7 a.m. and 11 p.m. (October through March) on all days except Saturdays and Sundays, which daily time period will be subject to change from time to time at the Company's option. This change would occur after no less than ten (10) days notice has been given to all Customers who would be affected, and to the Commission.

  • Ramp Period The Ramp Period shall begin on the Effective Date and continue for a period of 3 months following the Effective Date. Commencing with the Effective Date and at all times during the Ramp Period thereafter, Customer will receive the rates, discounts, charges and credits set forth herein and will not be subject to the AVC. Annual Volume Commitment (“AVC”): $360,000 in Total Service Charges (“AVC”) during each contract year of the Term (following the expiration of the Ramp Period).

  • Pre-Deconsolidation Period means any taxable period beginning on or prior to the applicable Deconsolidation Date.

  • Overlap Period means any taxable year or other taxable period beginning on or before and ending after the Closing Date.

  • Lock-up Period means the period beginning on the date hereof and continuing through the close of trading on the date that is 90 days after the date of the Prospectus (as defined in the Underwriting Agreement).

  • Ramp-Up Period means the period from and including the Effective Date to, but excluding, September 23, 2016.

  • Look-back Period means, with respect to any Employment Violation by Grantee, the period beginning on the date which is 12 months prior to the date of such Employment Violation by Grantee and ending on the date of computation of the Recapture Amount with respect to such Employment Violation.

  • Elimination Period means the period of 6 months beginning on the date You become Disabled.

  • Restructuring Period means, whether or not there are Rated Securities at the time a Restructuring Event occurs, the period of 45 days starting from and including the day on which that Restructuring Event occurs.

  • Acquisition Period means any period commencing on the date that a Material Acquisition is consummated through and including the last day of the second full fiscal quarter following the date on which such acquisition is consummated; provided that there shall be at least one full fiscal quarter between any two Acquisition Periods.

  • Closing Period means the period between the close of business on the date of this Agreement and the Closing.

  • Initial Period means the period from (and including) the Issue Date to (but excluding) the First Call Date;

  • Holdback Period has the meaning set forth in Section 3(a).

  • PEA Period means the period commencing at 9:30 a.m., Eastern time, on the fifth (5th) Business Day immediately prior to the filing of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement), and ending at 9:30 a.m., Eastern time, on the Business Day immediately following, the effective date of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement).

  • Use Period means the period commencing on the date that the ABL Agent or an agent acting on its behalf (or an ABL Credit Party acting with the consent of the ABL Agent) commences the liquidation and sale of the ABL Priority Collateral in a manner as provided in Section 3.6 hereof (having theretofore furnished the Controlling Term Agent with an Enforcement Notice) and ending 180 days thereafter. If any stay or other order that prohibits any of the ABL Agent, the other ABL Secured Parties or any ABL Credit Party (with the consent of the ABL Agent) from commencing and continuing to Exercise Any Secured Creditor Remedies or from liquidating and selling the ABL Priority Collateral has been entered by a court of competent jurisdiction, such 180-day period shall be tolled during the pendency of any such stay or other order and the Use Period shall be so extended.

  • Post-Deconsolidation Period means any taxable period beginning after the date of a Deconsolidation Event.

  • Wind-Down Period is defined in Section 12.5 of this Agreement.

  • Implementation Period means the period from the date of signing of the Agreement and up to the issuance of Final Acceptance Certificate for the project.

  • Application Period means the months beginning with the month in which the application is considered to be filed, through and including the month in which an eligibility determination is made.

  • PAGA Period means the period from May 10, 2022, through May 21, 2023.