Common use of Retention Multiple Clause in Contracts

Retention Multiple. (a) The Retention Multiple is applied to the Company's Reimbursement Premium to determine the Company's Retention. The Retention Multiple for the Contract Year shall be equal to $3 billion, adjusted to reflect the percentage growth in FHCF exposure for covered policies since 1998, divided by the estimated total industry Reimbursement Premium at the 90% Reimbursement Percentage level for the Contract Year as determined by the SBA.

Retention Multiple. (a) The Retention Multiple is applied to the Company's ’s Reimbursement Premium to determine the Company's ’s Retention. The Retention Multiple for the 2015/2016 Contract Year shall be equal to $3 4.5 billion, adjusted based upon the reported exposure for the 2013/2014 Contract Year to reflect the percentage growth in exposure to the FHCF exposure for covered policies since 19982004, divided by the estimated total industry Reimbursement Premium at the 90% Reimbursement Percentage reimbursement percentage level for the Contract Year as determined by the SBA.