grace period

(redirected from Grace Periods)
Also found in: Dictionary, Legal, Financial.

grace period,

n a specified time, after a plan's premium payment is due, in which the protection of the plan continues subject to actual receipt of the premium within that time.
References in periodicals archive ?
00 minimum bid price requirement, two 180-day grace periods to regain compliance, the second grace period conditioned upon an issuer's meeting all other initial listing requirements.
Recent college graduates who consolidate their student loans in the next few weeks -- during their grace period -- can lock in fixed interest rates as low as 2.
If during these SmallCap grace periods, the closing bid price of Next Level's common stock is $1.
United believes that taking advantage of these grace periods is a fiscally prudent step in light of its current financial situation.
00 per share; that we will be afforded extended grace periods in which to satisfy the minimum bid price requirement; our expectation that we will continue to meet all of the Nasdaq National Market listing requirements other than the minimum $1.
If the company has not met the minimum bid price requirement at the expiration of all grace periods, or otherwise fails to satisfy the applicable Nasdaq listing requirements, the common stock may be subject to delisting from the SmallCap Market, in which event the company's securities may be quoted in the over-the-counter market.
Provided the Company continued to meet the listing requirements for the SmallCap Market, it would also be eligible for an additional 180-day grace period beyond December 3, 2002 in order to comply with the $1 per share minimum bid price requirement.
If Evolving Systems has not met the minimum bid price requirement at the expiration of all grace periods, its common stock may be subject to delisting from the SmallCap Market, in which case the Company may trade on the OTC Bulletin Board.
If the company has not met the minimum bid price requirement at the expiration of all grace periods, the common stock may be subject to delisting from the SmallCap Market, in which event the company's securities may be quoted in the over-the-counter market.
The first major upstream oil and gas bankruptcy filing of the year could occur this week as SandRidge Energy, Venoco and Energy XXI Ltd reach the end of grace periods following millions in missed interest payments.
Good Energy welcomes the practical changes Government have announced today to grace periods for solar energy projects.
Most banks charge interest on cash advances, which are not covered by grace periods.