Premium Payment means $10 000 000 being the amount determined by the Treasurer of the State under section 112A of the Casino Control Act as the amount payable by the Company under this document;

Premium Payment. As to any Distribution Date, (i) the product of (a) 1/12th of 0.060% and (b) the Class A Principal Balance of the Class A-3 Certificates as of the Determination Date immediately preceding such Distribution Date minus (ii) the Premium Percentage of (x) any Non-Supported Interest Shortfall allocated to the Class A Certificates and the Premium Payment with respect to such Distribution Date, (y) the interest portion of any Excess Special Hazard Losses, Excess Fraud Losses and Excess Bankruptcy Losses allocated to the Class A Certificates and the Premium Payment with respect to such Distribution Date pursuant to Section 4.02(e) and (z) the interest portion of any Realized Losses (other than Excess Special Hazard Losses, Excess Fraud Losses and Excess Bankruptcy Losses) allocated to the Class A Certificates and the Premium Payment on or after the Cross-Over Date pursuant to Section 4.02(e). The Premium Payment will be an expense of the REMIC.

Premium Payment. For any Distribution Date, the product of 1/12th of 0.08% and the Class Certificate Balance of the Class 1-A-3 Certificates for such Distribution Date prior to any distributions therein.

Examples of Premium Payment in a sentence

The MINORITYUBE/WOMEN UBE program follows the same regulations as the federal Disadvantaged Business Enterprise (DBE) program in accordance with 49 CFR Part 26.
Premium Payment Premium payment must continue until the later of: 1.
The Health Insurance Premium Payment (HIPP) Program is a MO HealthNet Program that pays for the cost of health insurance premiums for certain MO HealthNet participants.
Such premium shall be payable in respect of each Security on its outstanding nominal amount from the Premium Commencement Date either (i) at the rate per annum (expressed as a percentage) equal to the Rate of Premium or (ii) in an amount equal to a fixed Premium Amount, such premium being payable in arrear on each Premium Payment Date.
Premium Payment Term means the period specified in the Schedule during which Regular Premium is payable.

More Definitions of Premium Payment

Premium Payment means the actual receipt of cash funds by us.

Premium Payment means, in respect of an Option, the Premium multiplied by the Tender Capacity for one Day, multiplied by the number of Permitted Exercise Days, in each case in respect of that Option, such Premium Payment being the sum specified as such in the relevant Tender Acceptance;

Premium Payment has the meaning given to it in Clause 3.2;

Premium Payment shall have the meaning ascribed to it in Section 8.1(a).

Premium Payment means the actual receipt of cash funds by us regardless of the form of payment.

Premium Payment shall have the meaning specified in Section 2.5(a).

Premium Payment. The amount shown on the Contract Data Page paid to the Company for the purchase of this Contract.