Common use of Adjustments & Discounts Clause in Contracts

Adjustments & Discounts. 2% Continuous Participation Discount Applies after the first insurance year unless the Insured does not have an active Policy or losses for one year then will be zeroed and needs to be earned again 2% Early Payment Discount Applied to Premium payments received by AFSC the later of June 25 or within 15 days of each versions billing date

Appears in 2 contracts

Samples: Initiative Insuring Agreement, afsc.ca

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Adjustments & Discounts. 2% Continuous Participation Discount Applies after the first insurance year unless the Insured does not have an active Policy or losses for one year then will needs to be zeroed and needs to be earned again 2% Early Payment Discount Applied to Premium payments received by AFSC the later of June 25 or within 15 days of each versions billing date

Appears in 2 contracts

Samples: afsc.ca, afsc.ca

Adjustments & Discounts. 2% Continuous Participation Discount 2% Applies after the first insurance year unless the Insured does not have an active Policy or losses for one year then will be zeroed and needs to be earned again 2% Early Payment Discount 2% Applied to Premium payments received by AFSC the later of June 25 or within 15 days of each versions billing date

Appears in 2 contracts

Samples: Initiative Insuring Agreement, afsc.ca

Adjustments & Discounts. 2% Continuous Participation Discount 5% per year to a maximum of 20% Applies after the first insurance year unless the Insured does not have an active Policy or losses for one year then will needs to be zeroed and needs to be earned again 2% Early Payment Discount 2% Applied to Premium payments received by AFSC the later of June 25 or within 15 days of each versions billing date

Appears in 1 contract

Samples: Moisture Deficiency Insuring Agreement

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Adjustments & Discounts. 25% per year to a maximum of 20% Continuous Participation Discount Applies after the first insurance year unless the Insured does not have an active Policy or losses for one year then will needs to be zeroed and needs to be earned again 2% Early Payment Discount Applied to Premium payments received by AFSC the later of June 25 or within 15 days of each versions billing date

Appears in 1 contract

Samples: Satellite Yield Insuring Agreement

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