Additional Premium definition

Additional Premium a premium, calculated in accordance with the Notice to Bidders, to cover Gorringe’s Expenses relating to the payment of royalties under the Artists Resale Right Regulations 2006 which is payable by the Buyer to Gorringe’s on any Lot marked [AR] which sells for a Hammer Price which together with the Buyer’s Premium (but excluding any VAT) equals or exceeds 1000 euros (converted into the currency of the Sale using the European Central Bank Reference rate prevailing on the date of the Sale).

Additional Premium means an amount equal to (a) 212.1 basis points times (b) the difference between the Equity Offering Cap and the Aggregate Backstop Commitments delivered to the Company on or before December 20, 2019 at 6:00 p.m. Pacific (provided that if the amount of Aggregate Backstop Commitments delivered to the Company on or before December 20, 2019 at 6:00 p.m. Pacific exceeds the Equity Offering Cap, the amount contemplated by this clause (b) shall be deemed to be zero).

Additional Premium has the meaning given to such term in the Policy Fee Letter.

Examples of Additional Premium in a sentence

• It shall be the responsibility of the Policyholder to satisfy himself and ensure that the payment of the Additional Premium does not adversely affect his entitlement or claim for tax benefits, if any, available or admissible under this Policy.

• Accordingly, with respect to losses occurring during the period from the Effective Date until the expiry of the Insurance or until the expiry or agreed termination of the Lease or until the obligations under the Lease are terminated by any action of the Insured or LESSOR and in consideration of the Additional Premium it is confirmed that the Insurance afforded by the Policy is in full force and effect and it is further agreed that the following provisions are specifically endorsed to the Policy.

• ITEM 6 DISCOVERY PERIOD: Additional Premium Percentage: 100% of the annualized premium Additional Months: 12 months(If exercised in accordance with section VI.

• The start date is determined at the time of issue of the settlement option/immediate annuity.PUIO (Paid-Up Insurance Option)/APO (Additional Premium Option) payments will be paid when the premium is paid.

• Coverage of a newly-eligible child shall consist of coverage for injury or sickness, including the necessary care and treatment of medically diagnosed congenital defects and birth abnormalities.When No Additional Premium is RequiredIf no additional Premium is required, then the coverage must continue beyond the thirty-one (31) days automatically, even if the newly-eligible Dependent child is not affirmatively enrolled.

More Definitions of Additional Premium

Additional Premium means any payment, other than the Initial Premium, made by you and accepted by us for this Contract. Allocation means apportioning your Premium among available Strategies and Indexes, if applicable.

Additional Premium means a non-refundable premium, in addition to the premium payable in accordance with Section 3.02 of the Insurance Agreement and in addition to the Premium Supplement, accruing to Financial Security in monthly installments in accordance with the terms set forth in the Premium Letter.”

Additional Premium means any additional or adjustment premium payments related to an increase from the premium estimates at the Valuation Date in the Data Room, net of acquisition costs payable by the Retrocedent; provided that the foregoing shall not include reinstatement premiums, swing premiums, profit commissions, and sliding scale commissions.

Additional Premium has the meaning specified in Section 13.1(b).

Additional Premium means the annualized amount by which the premiums paid for a New England Mutual Affected Policy exceeded the premiums that were charged for an otherwise identical life insurance policy insuring a person of the same age and issued with a standard risk classification.

Additional Premium has the meaning assigned to such term in Section 2.5.4.

Additional Premium means an amount equal to $24,615,000 (i.e., 1.5% of$1,641,000,000) to the Commitment Parties listed as “Debt Backstop Parties” on Schedule 2 to this Agreement.