Return of Premiums Sample Clauses

Return of Premiums. Such Commuting Policy Beneficiary shall have received from AAC the premiums and/or other payments contemplated to be returned to it by Section 3(b) of the Forbearance Agreement; and
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Return of Premiums. Buyer will, and will cause its Affiliates (including the Acquired Companies) to, forward promptly by check to Seller any and all return premiums received by Buyer or any of its Affiliates (including the Acquired Companies) after the Effective Time relating to (i) the Seller Policies or (ii) with respect to periods prior to the Effective Time, the Acquired Company Policies (it being understood that such return premium amounts will not be reflected as an asset of the Acquired Companies on the Closing Statement).
Return of Premiums. Broker acknowledges that, subject to the terms of the Variable Contract, Company has the right in its sole discretion to reject any Premiums received by it and to return or refund any Premiums.
Return of Premiums. If death occurs after the 10th policy year, all premiums paid will be refunded without interest.
Return of Premiums. Upon notice from the Company of the postponement or rejection of any application, an offer of insurance/contract not accepted by an applicant, or the cancellation or refusal to renew a Policy, the Producer will immediately return to the applicant or policy owner any money in the possession of the Producer as advanced payment of premium, and the Producer will immediately furnish the Company with evidence that such return has been made.
Return of Premiums. The Producer will not earn any commission upon applications rejected by the Company or its principal(s), or attributable to premium returned by the Company or its principal(s) upon any Policy canceled in accordance with the terms and conditions of such Policy, whether or not such commission has been paid. If the Company or its principal(s) for any reason whatsoever or not such commission has been paid. If the Company or its principal(s) for any reason whatsoever refunds any premium, or any part thereof, on any Policy or Policies (without limitation as to the number of Policies or amount of premiums refunded), then the Producer will reimburse the Company the commissions paid or advanced on the portion of the premium which was refunded only, whether or not earned, on such Policies. This Section does not apply to any Return of Premium benefit provision included in any Policy/Contract.
Return of Premiums. If the death of the Life Insured occurs before completion of the Survival Period following diagnosis, or from any other condition not covered by this Health Security Plus policy, only the Return of Premi um benefit will be paid, without interest. The Return of Premi um benefit consists of all the premiums paid from the Issue Date of the policy, not including any premiums waived. No Return of Premi um benefit is payable if the Health Security Plus benefit amount is paid. The Return of Premi um benefit is payable only once, and will represent full and final discharge of all claims under the policy, at which time the policy then terminates. The Return of Premi um Benefit will be paid to the Beneficiary in accordance with the Beneficiary provision of this contract.
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Return of Premiums. At such time as Mxxxxx Capital obtains separate insurance arrangements and all Participants cease to be a part of Cxxxxxx Cable’s self insurance arrangement, Cxxxxxx Cable shall return to Mxxxxx Capital any amounts by which premiums paid to Cxxxxxx Cable exceeded liabilities, costs, claims paid and administrative fees.

Related to Return of Premiums

  • Allocation of Premiums No premium shall be paid under the Bond unless the Board of Trustees of the Trust, including a majority of those Trustees who are not “interested persons” of the Trust as defined by Section 2(a)(19) of the 1940 Act, shall approve the portion of the premium to be paid by the Trust, on behalf of each Fund. The premium payable on the Bond shall be allocated between the Trust and the Manager as determined by the Board of Trustees of the Trust.

  • Return of Premises Tenants shall return the Premises at the expiration of the term (or earlier termination) in as good a condition as when received, reasonable wear and tear excepted. Early surrender of the Premises, including surrender accepted in writing, does not extinguish any of Tenants’ obligations to perform under this lease, including payment of all rent required hereunder.

  • Payment of Premiums Each Borrower shall punctually pay all premiums or other sums payable in respect of the obligatory insurances effected by it and produce all relevant receipts when so required by the Security Trustee.

  • Waiver of Premium In the event an employee becomes totally disabled before age seventy (70), there shall be a waiver of premium for all life insurance coverage that the employee had at the time of disability.

  • Payment of Premium Unless otherwise agreed in writing by the Parties, the Buyer shall be obligated to pay the Premium related to an Option no later than its Premium Payment Date.

  • Insurance Premiums Tenant shall pay or cause to be paid all premiums for the insurance coverage required to be maintained pursuant to Article 9.

  • Reinsurance Premiums A. Computation Reinsurance Premiums under this Agreement shall be calculated as described in Exhibit I.

  • Prepayment Premiums As of the applicable date of origination of each such Mortgage Loan, any prepayment premiums and yield maintenance charges payable under the terms of the Mortgage Loans, in respect of voluntary prepayments, constituted customary prepayment premiums and yield maintenance charges for commercial mortgage loans.

  • Payment of Taxes, Insurance and Other Charges With respect to each Mortgage Loan, the Master Servicer shall maintain accurate records reflecting the status of ground rents, taxes, assessments, water rates and other charges which are or may become a lien upon the Mortgaged Property and the status of fire and hazard insurance coverage and, as to those Mortgage Loans subject to a voluntary escrow agreement, shall obtain, from time to time, all bills for the payment of such charges (including renewal premiums) and shall effect payment thereof prior to the applicable penalty or termination date and at a time appropriate for securing maximum discounts allowable, employing for such purpose deposits of the Mortgagor in the Escrow Account which shall have been estimated and accumulated by the Master Servicer in amounts sufficient for such purposes, as allowed under the terms of the Mortgage or Applicable Regulations. The Master Servicer assumes full responsibility for the timely payment of all such bills and shall effect timely payments of all such bills irrespective of the Mortgagor's faithful performance in the payment of same or the making of the Escrow Payments and shall make Servicing Advances from its own funds to effect such payments. To the extent that the Mortgage does not provide for Escrow Payments, the Master Servicer shall use reasonable efforts consistent with the Servicing Standard to determine that any such payments are made by the Mortgagor at the time they first become due and shall ensure that the Mortgaged Property is not lost to a tax lien as a result of nonpayment and that such Mortgaged Property is not left uninsured.

  • Shift Premiums (a) Evening/Night Premium Employees working an evening or night shift where the major portion of hours worked fall within the hours of 1500 and 0800 hours, shall be paid at their regular hourly rate plus a shift premium of $2.10 ($2.75 effective July 1, 2015) per hour for all hours worked.

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