termination provision

termination provision

A clause in a contract governing insured health care services that specifies those situations under which the contract may be terminated, considered null and void.
References in periodicals archive ?
The judge found that the 2010 Bond's termination provision applied to deny coverage and, accordingly, ruled in favor of Cumis.
For example, a target termination provision can be used to secure deals with favored bidders and deter hostile, but potentially higher value bidders.
Port Capital SEA seems to have protected itself on the HCPTI 'ownership problem' by inserting in the HCPTI leaseback agreement an ingenious termination provision that states that 'the lease may be terminated by the buyer, as lessor, by giving at least 30 days prior written notice in the event the current controlling shareholder of the lessee (seller) represented by Reghis M.
This case demonstrates the excessively narrow reading of the "good cause" termination provision in franchise law states.
copyright termination provision, was designed to remedy.
The Compensation on Termination provision of CCL, common to most of the GCC, is considered as a restrictive practice by the World Trade Organization (WTO) and therefore, pursuant to Oman's accession to the World Trade Organization and towards fulfilling its international obligations and commitments, the new amendments were passed.
Although a tenant will not know whether any of these events might occur, the time to negotiate an early termination provision is during the discussions held with the landlord prior to the lease being signed.
In 2002 under a new corporate President, Wronko received a new contract that reduced the termination provision to 30 weeks of salary.
Under another termination provision of the Copyright Act, Section 304, authors and artists have been giving notice to publishers for years, and the headaches they have to go through to reclaim rights seems to be directly proportional to its perceived value in the present day.
The complaint added that Shaw, Black and Griswold violated his rights under [section] 1985(2) by participating in a conspiracy with the Bureau and Bankers Life to deprive him of his rights to challenge the termination provision in the consent agreement.
Eliminates the existing provision for terminating a PPOV notice under [section] 104.4, and replaces it with a POV termination provision that only removes an operator from POV status upon completion of a mine-wide inspection with zero S&S violations of a mandatory health or safety standard issued from that inspection.
The MOD notified Signature on April 10, 2012 that it would exercise the termination provision of their contract for failure to complete certain milestones for product approvals by the deadline.