Payment of Insurance Premium Sample Clauses

Payment of Insurance Premium. Unless otherwise designated in writing by the President or a Managing Director of MBIA to the Trustee, the Insurance Premium to be paid pursuant to Section 4.02(a) shall be paid by the Trustee to MBIA by wire transfer with the following details specifically stated in the wire transfer: Bank: Chase Manhattan Bank, N.A. ABA Number: 021 000 021 For the account of: MBIA Insurance Corporation Account Number: 910 2 721728 Policy Number: 37714 118
AutoNDA by SimpleDocs
Payment of Insurance Premium. Unless otherwise designated in writing by the President or a Managing Director of the Certificate Insurer to the Trustee, the Insurance Premium to be paid pursuant to Section 4.02(a) shall be paid by the Trustee to the Certificate Insurer by wire transfer with the following details specifically stated in the wire transfer:
Payment of Insurance Premium. Unless otherwise designated in writing by the President or a Managing Director of the Certificate Insurer to the Trustee, the Certificate Insurer Premium to be paid pursuant to Section 4.02(c) shall be paid by the Trustee or a Paying Agent on its behalf to the Certificate Insurer by wire transfer with the following details specifically stated in the wire transfer: Bank: Citibank, N.A. ABA Number: 021-000089 For the account of: Ambac Assurance Corporation Account Number: 40609486 Re: Xxxxxx 2002-RS2 Atxxxxxxx: Xxxxxx Xxxxxx (212) 208-3308
Payment of Insurance Premium. 6.1 The policyholder shall pay insurance premiums to Seesam by the due date and in the amount specified in the policy or invoices.
Payment of Insurance Premium. The Proposer shall pay to the Insurer a total amount of Rs. 40,00,00,000/- (Rupees Forty Crores only) inclusive of Service Tax in two installments. i.e., 50% on or before inception of policy & balance 50% on or before completion of 4 months from date of inception of policy
Payment of Insurance Premium. Unless otherwise designated in writing by the President or a Managing Director of FSA to the Trustee, the Insurance Premium to be paid pursuant to Section 4.2 shall be paid by the Trustee to FSA by wire transfer with the following details specifically stated in the wire transfer: Bank: The Bank of New York ABA Number: 021 000 018 For the account of: Financial Security Assurance Inc. Account Number: 8900297263 Policy Number: 50965-N
Payment of Insurance Premium. In addition to the insurance benefits described in subparagraph 3(f) below, during the Employment Period the Company agrees to pay the annual premium on an insurance policy or policies on the life of the Executive, which policy or policies will provide an annual cash benefit to the Executive of at least $100,000 per annum as appropriately adjusted to reflect increases in the applicable Consumer Price Index, for a period of fifteen years beginning in the year in which the Executive attains age sixty-five (65) (any one ore more of such policies to be referred to herein as the "POLICY"). The Policy shall be owned by and entered into in the name of the Executive, and the Company shall have no right to any proceeds from or any other ownership interest in the Policy. The Company further agrees that in the event of a termination of the Executive's employment for any reason other than Cause or the Executive's voluntary termination of employment without Good Reason, it shall continue to pay the annual premium on the Policy until the earlier of (i) the Executive's death or (ii) the date the Executive attains age sixty-five (65).
AutoNDA by SimpleDocs
Payment of Insurance Premium. No Website user shall pay insurance premium or any other financial consideration for the agreed insurance to the Operator. User shall pay insurance premium always directly to the insurer, the product of which the User agrees to use.
Payment of Insurance Premium. (a) The Lender shall be entitled to retain from any part of the Loan to be made to the Borrower, the sum of any insurance premium payable in respect of an Insurance Policy, where cover under that Insurance Policy is contingent upon the insurance premium or part of the insurance premium being paid prior to inception of that policy.
Payment of Insurance Premium. Article 16: The insured shall pay a fixed insurance premium in accordance with the insurance policy issued by the insurer. The payment methodology of insurance premium shall be determined by the insurance company.
Time is Money Join Law Insider Premium to draft better contracts faster.