Examples of Premium Percentage in a sentence
ITEM 6 DISCOVERY PERIOD: Additional Premium Percentage: 100% of the annualized premium Additional Months: 12 months(If exercised in accordance with section VI.
The Applicable Premium Percentage shall be applied to calculate the Insurance Brokerage Fees during the period commencing on the Chilean Effective Time and ending on the last day of the calendar year (the “First Applicable Premium Percentage Year”) subsequent to the year on which the Chilean Effective Time occurs.
The Declarations are amended by the addition of the following item: Discovery Period: Additional Premium Percentage: 125% of the annualized premium for this bond Additional Months: 12 months(If exercised in accordance with the DISCOVERY PERIOD condition of the bond.) II.
If the difference between the Insurance Fees Market Average determined pursuant to such procedure is lower than ten percent (10%), the simple average between the Insurance Fees Market Averages as determined by both Benchmarking Experts, and the calculation of whether a Trigger Event has occurred based on such determination, shall be final and binding until a new Applicable Premium Percentage with respect to the next Calculation Date is determined pursuant to this Section 4.20.
If the Parties are unable to agree on a revised Applicable Premium Percentage within fifteen (15) days of the final determination of the Insurance Fees Market Average, the Applicable Premium Percentage shall be immediately revised to equal the Insurance Fees Market Average.