UNPAID PREMIUM Sample Clauses

UNPAID PREMIUM. Any due and unpaid premium for this Policy may be deducted from its benefits then payable.
AutoNDA by SimpleDocs
UNPAID PREMIUM. When a claim is paid, any premium due and unpaid may be deducted from the claim payment.
UNPAID PREMIUM. If any Premium is not received on the Premium Payment Date, the Seller may elect: (i) to accept a late payment of such Premium; (ii) to give written notice of such non-payment and, if such payment shall not be received within two (2) Local Business Days of such notice, treat the related Currency Option Transaction as void; or (iii) to give written notice of such non-payment and, if such payment shall not be received within two (2) Local Business Days of such notice, treat such non-payment as an Event of Default under Section 5(a)(i). If the Seller elects to act under either clause (i) or (ii) of the preceding sentence, the Buyer shall pay all out-of-pocket costs and actual damages incurred in connection with such unpaid or late Premium or void Currency Option Transaction, including, without limitation, interest on such Premium in the same currency as such Premium at the then prevailing market rate and any other costs or expenses incurred by the Seller in covering its obligations (including, without limitation, a delta hedge) with respect to such Currency Option Transaction."
UNPAID PREMIUM a. I will be financially liable for any unpaid premium that the defendant does not or is unable to pay. Further, my payment obligation for unpaid premium is valid even if I do not directly sign the unpaid premium agreement form. I understand that this document herein will equally act as such, should the present (Clause C) be violated by late or nonpayment. I am also aware, that any unpaid balance (unpaid premium agreement) associated with this bail bond is owed in its entirely to the Company even if the Defendant noted within this document is sentenced by a judge, incarcerated, released from criminal/motor vehicle liability, passed away, is placed on probation, parole is revoked, and/or moves out of state. Any unpaid balance related to this surety bail bonds is valid regardless of any of the above scenarios and only by full payment fulfillment is such liability ended. I am also aware that any unpaid balance must be paid full no later than 15 months from the date of bond execution and that if there is a consecutive gap of 60 days of non payment, the Company will initiate civil action against me for breach of contract and failure to comply with the unpaid premium agreement herein.
UNPAID PREMIUM a. I am fully liable for any unpaid premium related to my surety bond and I am equally responsible for unpaid premium even if I do not directly sign the unpaid premium agreement form before or post bond execution. I understand that this document herein will equally act as such, should the present (Clause C) be violated by late or nonpayment; balance is due even if I’m convicted or court obligation ends.
UNPAID PREMIUM. On payment of a claim under this Policy, any Premium then due and unpaid or covered by any note or written order may be deducted therefrom. Conformity with State Laws Any provision of this Policy which, on its Effective Date, is in conflict with the laws of the state in which You reside on that date, is changed to conform to the minimum requirements of that state. Annual Meeting SAMPLE You are a member of the Trustmark Mutual Holding Company which holds its annual meeting for the election of director and the transaction of other business for Trustmark Mutual Holding Company each year at its home office, 000 Xxxxx Xxxxx, Xxxx Xxxxxx, XX 00000-0000. This meeting is at 2:30 p.m. on the first Thursday in March. Each member is entitled to vote at such elections and to participate in such meeting. TRUSTMARK INSURANCE COMPANY "We, Us, and Our" 000 Xxxxx Xxxxx Lake Forest, IL 60045-2581 (000) 000-0000 AMENDMENT This Amendment makes the following change to the Policy: The Time Limit on Certain Defenses provision under the General Provisions section is deleted in its entirety and replaced with the following: Time Limit on Certain Defenses After coverage has been in force during a person’s lifetime for 2 years from the Effective Date of coverage, only fraudulent misstatements in the application for this Policy may be used to void it or to deny any claim that is first diagnosed after the 2 year period. This does not affect Our ability to void the Policy or deny any claim during the first 2 years due to misstatement. Any increase in coverage, addition to coverage, or reinstatement of coverage, as requested by application from You, shall begin a new two-year contestable period for the amount of the increase, for the additional coverage, or for the reinstated coverage from the effective date of such increase, addition or reinstatement of coverage. SAMPLE When We contest the validity of the coverage of this Policy, or any portion thereof, based on information given in the application for such coverage, We shall do so by a letter to You. This contest is effective on the date We mail the letter including the refund of any applicable Premium to You. TRUSTMARK INSURANCE COMPANY Xxxx Xxxxxxxx President Xxxxx X. Xxxxxxx Corporate Secretary SAMPLE THIS PAGE INTENTIONALLY BLANK TRUSTMARK INSURANCE COMPANY "We, Us, and Our" 000 Xxxxx Xxxxx Lake Forest, IL 60045-2581 (000) 000-0000 AMENDMENT TO PRESENT INQUIRES OR OBTAIN INFORMATION ABOUT YOUR COVERAGE, OR FOR ASSISTANCE IN RESOLVI...
UNPAID PREMIUM. Any unpaid Premium may be sent to collections for recovery. We may retroactively terminate and refund a maximum of one month’s Premium when You provide proof of overlapping coverage. If You had Claims during that month, We will not provide a Premium refund. You will be responsible for any Claims filed after the retroactive termination. Upon the payment of a claim under this Certificate, any premium then due and unpaid or covered by any note or written order may be deducted therefrom Continuity of Care You are allowed to continue treatment with a Provider whose contract has been terminated by Us for reasons other than for cause, or a Provider who has terminated his/her contract with Us, for a transitional period of up to 90 days from the date of Provider termination when the continuation of care is Medically Necessary and me e t s ce r t a i n co ndi t i ons , as out x x xxx i n Our Geor gi a Co n t i n u i t y o f Ca r e p o l i c y . You will not be liable to the Provider for any amounts owed for medical care other than Deductibles, Coinsurance, or Copayment amounts specified in this Certificate. Continuation Of Coverage Continuation Options in the Event of Termination If health insurance terminates: • It may be continued as described in the "State continuation of health insurance" provision; • It may be continued as described in the "Continuation of coverage for dependents" provision, if applicable; or • It may be continued under the continuation provisions as provided by the Consolidated Omnibus Budget Reconciliation Act (COBRA), if applicable. A complete description of the "State continuation of health insurance" and "Continuation of coverage for dependents" provisions follows.
AutoNDA by SimpleDocs

Related to UNPAID PREMIUM

  • Weekend Premium Effective July 1, 2020, an employee shall be paid a weekend premium of one dollar and ten cents ($1.10) per hour for each hour worked between 2300 hours Friday and 2300 hours Sunday, or such other forty-eight (48) hour period as the local parties may agree upon or as defined in the Collective Agreement. If an employee is receiving premium pay pursuant to a local scheduling regulation with respect to consecutive weekends worked, the employee will not receive weekend premium under this provision.

  • Shift Premium Effective July 1, 2020, an employee shall be paid a shift premium of ninety-five cents (95c/ ) per hour for each hour worked between 1500 hours and 0700 hours provided that such hours exceed two (2) hours if worked in conjunction with the day shift.

  • Reimbursement Premium (1) The Company shall, in a timely manner, pay the SBA its Reimbursement Premium for the Contract Year. The Reimbursement Premium for the Contract Year shall be calculated in accordance with Section 215.555, Florida Statutes, with any rules promulgated thereunder, and with Article X(2).

  • Overtime Premium (a) Employees shall be entitled to payment of time and one-half (1-1/2X) the employee's basic straight time hourly rate for all authorized overtime work in excess of seven and one-half (7-1/2) hours in a tour of duty or in excess of the average full-time hours of work over the period scheduled by the Hospital. Such period for this purpose shall not exceed two (2) weeks. It is understood that no overtime will be paid where the time worked was a result of an exchange at shifts between employees. Overtime shall be distributed as equally as practical among those employees normally performing the type of work to be done on overtime. Notice of overtime work shall be given as soon as practically possible. It is understood and acknowledged that the Hospital has the right to require employees to perform reasonably authorized overtime work. Call-back shall not be considered as hours worked for purposes of this Article. Overtime premium will not be duplicated nor pyramided nor shall other premiums be duplicated nor pyramided nor shall the same hours worked be counted as part of the normal work week and also as hours for which the overtime premium is paid. Where an employee is required to work additional overtime contiguous to an overtime shift within a twenty-four (24) hour period, the employee will be compensated at the rate of double time his or her straight time hourly rate for all additional contiguous overtime hours worked.

  • Prepayment Premium Borrower will be required to pay a prepayment premium in connection with certain prepayments of the Indebtedness, including a payment made after Lender’s exercise of any right of acceleration of the Indebtedness, as provided in the Note.

  • REINSURANCE PREMIUM A. As premium for each excess layer of reinsurance coverage provided by this Contract, the Company shall pay the Reinsurer the greater of the following:

  • Premium Once your contract of insurance has been concluded, we will send you an invoice (also referred to as a debit note). You must pay the premium due in accordance with the amounts and payment dates specified in the invoice. Failure to meet the payment due date may lead insurers to cancel your policy. No payment shall be deemed to have been received until we have received cleared funds. Where insurers have specified that the premium must be received by a certain date, failure to comply can result in automatic termination of your insurance contract.

  • Sunday Premium All hours worked by an Employee on Sunday, shall be paid for on the basis of one and one-half (1½) times the Employee’s Regular Rate of Pay. For the purpose of this Section, Sunday shall be deemed to be the twenty-four (24) hours beginning with the shift change hour nearest to 12:01 a.m.

  • Shift and Weekend Premium (a) Effective July 1, 2019, an employee shall be paid a shift premium of ninety cents (90¢) per hour for each hour worked between the hours of 1500 hours and 0700 hours. Effective July 1, 2020, an employee shall be paid a shift premium of ninety-five cents (95¢) per hour for each hour worked between the hours of hours of 1500 hours and 0700 hours.

  • Night Premium For all time worked by employees, after 7 p.m. and before 7 a.m., by employees hired on or before August 5, 2005, a premium of twenty-five cents (25¢) per hour shall be paid.

Time is Money Join Law Insider Premium to draft better contracts faster.