Premium Billing and Collection Sample Clauses

Premium Billing and Collection. ADMINISTRATOR will prepare bills for premiums due and will transmit them in accordance with the CLIENT’s rules and receive/post the premiums billed on behalf of CLIENT. Cancellation notices will be sent for non-payment in accordance with CLIENT’s rules. ADMINISTRATOR will disburse funds from the premiums received on behalf of CLIENT for return of premium, overpayments and policy cancellation or changes resulting in a return of premium. ADMINISTRATOR will receive the monies due under the Services enumerated in Exhibit I of this Agreement and will remit to CLIENT on a regular basis the premiums received by ADMINISTRATOR less the disbursements made on behalf of CLIENT and amounts due hereunder to ADMINISTRATOR in any given month. CLIENT will pay all reasonable electronic funds transfer (EFT) charges to accomplish such transfers.
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Premium Billing and Collection. (a) Except to the extent otherwise provided in an Appointment Instrument, on every Policy which Agency places with MGA hereunder; (i) Agency shall be responsible for collection of gross premium, provided that MGA shall be responsible for the notice of additional premium; (ii) Agency shall be liable to MGA for the full amount of such gross premium, less allowable Commission, whether or not such premium is collected by Agency; and (iii) all such gross premium, less allowable Commission, shall be due and payable by Agency and rendered to MGA when the application is required to be submitted and immediately following any notice or billing by MGA to Agency.
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Premium Billing and Collection. (a) Except to the extent otherwise provided in an Appointment Instrument, on every Policy which Agency places with Company hereunder; (i) Agency shall be responsible for collection of gross premium, provided that Company shall be responsible for the notice of additional premium; (ii) Agency shall be liable to Company for the full amount of suchgross premium, less allowable Commission, whether or not such premium is collected by Agency; and (iii) all such gross premium, less allowable Commission, shall be due and payable by Agency and rendered to Company when the application i s required to be submitted and immediately following any notice or billing by Company to Agency.
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Premium Billing and Collection. A. In accordance with Plan specifications, Member and Group enrollment information and premium rates specified by Patient's Choice, TPA shall, in the name of Patient's Choice or such other name in which it elects to do business and so advises TPA, render initial and monthly invoices to the persons, firms and entities constituting Groups identified by Patient's Choice for the payment of Plan premiums and other charges for or on behalf of Members.
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Premium Billing and Collection. (a) The Broker shall have no authority to xxxx and collect premiums for insurance that is written in accordance with this Agreement. All premiums due and payable on such insurance shall be billed and collected by IL Group and/or the insurance company insuring such business.
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Premium Billing and Collection. CLA shall provide premium and billing services utilizing its premium billing and collection system to bill and collect all premiums on CLICA policies in the name of CLICA, and shall disburse amounts so collected to or on behalf of CLICA at the earliest practicable time. CLA shall at all times maintain records which identify CLICA funds separately from all other funds, shall hold such funds in an account in the name of CLICA and within twenty (20) days, or within such lesser period as may be required by law, shall account for such funds to CLICA.
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Premium Billing and Collection 
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Related to Premium Billing and Collection

  • Billing and Collection The Originating party shall xxxx and collect such information service charges and shall remit the amounts collected to the Terminating Party less:

  • Billing and Collection Customers BellSouth currently has in effect numerous billing and collection agreements with various interexchange carriers and billing clearing houses and as such these billing and collection customers (“B&C Customers”) query BellSouth’s LIDB to determine whether to accept various billing options from End Users. Until such time as BellSouth implements in its LIDB and its supporting systems the means to differentiate Local Line’s data from BellSouth’s data, the following shall apply:

  • Data Collection, Processing and Usage The Company collects, processes and uses the International Participant’s personal data, including the International Participant’s name, home address, email address, and telephone number, date of birth, social insurance number or other identification number, salary, citizenship, job title, any shares of Common Stock or directorships held in the Company, and details of all Equity Awards or any other equity compensation awards granted, canceled, exercised, vested, or outstanding in the International Participant’s favor, which the Company receives from the International Participant or the Employer. In granting the Equity Award under the Plan, the Company will collect the International Participant’s personal data for purposes of allocating shares of Common Stock and implementing, administering and managing the Plan. The Company’s legal basis for the collection, processing and usage of the International Participant’s personal data is the International Participant’s consent.

  • Data Collection Some downloaded software included in the Materials may generate and collect information about the software and usage and transmit it to Intel to help improve Intel’s products and services. This collected information may include product name, product version, time of event collection, license type, support type, installation status, hardware and software performance, and use. 9.

  • Income Collection, Transaction Processing, Account Administration 0.25 of a basis point per annum on the average net assets of the Fund.

  • Data Collection and Usage The Company and the Employer collect, process and use certain personal information about the Participant, including, but not limited to, the Participant’s name, home address and telephone number, email address, date of birth, social insurance, passport or other identification number, salary, nationality, job title, any Shares or directorships held in the Company, details of all restricted stock units or any other entitlement to Shares or equivalent benefits awarded, canceled, exercised, vested, unvested or outstanding in the Participant’s favor (“Data”), for the legitimate purpose of implementing, administering and managing the Plan. The legal basis, where required, for the processing of Data is the Participant’s consent.

  • Maintenance of the Primary Insurance Policies; Collections Thereunder (a) The Master Servicer shall not take, or permit any Subservicer to take, any action which would result in non-coverage under any applicable Primary Insurance Policy of any loss which, but for the actions of the Master Servicer or Subservicer, would have been covered thereunder. To the extent coverage is available, the Master Servicer shall keep or cause to be kept in full force and effect each such Primary Insurance Policy until the principal balance of the related Mortgage Loan secured by a Mortgaged Property is reduced to 80% or less of the Appraised Value in the case of such a Mortgage Loan having a Loan-to-Value Ratio at origination in excess of 80%, provided that such Primary Insurance Policy was in place as of the Cut-off Date and the Company had knowledge of such Primary Insurance Policy. The Master Servicer shall be entitled to cancel or permit the discontinuation of any Primary Insurance Policy as to any Mortgage Loan, if the Stated Principal Balance of the Mortgage Loan is reduced below an amount equal to 80% of the appraised value of the related Mortgaged Property as determined in any appraisal thereof after the Closing Date, or if the Loan-to-Value Ratio is reduced below 80% as a result of principal payments on the Mortgage Loan after the Closing Date. In the event that the Company gains knowledge that as of the Closing Date, a Mortgage Loan had a Loan-to-Value Ratio at origination in excess of 80% and is not the subject of a Primary Insurance Policy (and was not included in any exception to the representation in Section 2.03(b)(iv)) and that such Mortgage Loan has a current Loan-to-Value Ratio in excess of 80% then the Master Servicer shall use its reasonable efforts to obtain and maintain a Primary Insurance Policy to the extent that such a policy is obtainable at a reasonable price. The Master Servicer shall not cancel or refuse to renew any such Primary Insurance Policy applicable to a Nonsubserviced Mortgage Loan, or consent to any Subservicer canceling or refusing to renew any such Primary Insurance Policy applicable to a Mortgage Loan subserviced by it, that is in effect at the date of the initial issuance of the Certificates and is required to be kept in force hereunder unless the replacement Primary Insurance Policy for such canceled or non-renewed policy is maintained with an insurer whose claims-paying ability is acceptable to each Rating Agency for mortgage pass-through certificates having a rating equal to or better than the lower of the then-current rating or the rating assigned to the Certificates as of the Closing Date by such Rating Agency.

  • Administration and Collections Section 4.1. Appointment of the Servicer ............................ 11 Section 4.2. Duties of the Servicer ................................. 12 Section 4.3. Lock-Box Arrangements .................................. 13 Section 4.4. Enforcement Rights ..................................... 14 Section 4.5. Responsibilities of the Seller ......................... 14 Section 4.6. Servicing Fee .......................................... 15

  • Administration and Collection SECTION 6.01.

  • PREMIUM TAX The Reinsurer will not reimburse the Ceding Company for premium taxes.

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