Contract premium definition
Examples of Contract premium in a sentence
Dealer further agrees to cancel the Service Contract upon Customer's written request, or where applicable, Westlake's written request, and to remit or cause the administrator or underwriter to remit and refund the unearned portion of the Service Contract premium to Westlake, as required by Westlake.
For purposes of this Contract, premium for an extended reporting period shall be considered fully earned on the last day of the final period of the Policy to which the extended reporting period applies.
In the event of cancellation for non- payment of Contract premium, such cancellation will be made in writing to You and the Lienholder (if applicable), not less than ten (10) days notice.
For non-payment of Contract premium, written notice shall be 10 days and if cancelled for any other reason written notice shall be 30 days.
LMG’s marketing fees are based on the Contract premium and the Account Value of the Contract.
No compensation will be earned or payable until the Issuing Company receives and applies, in its sole discretion, the Contract premium, all delivery requirements are met and the Contract is placed and in force; except as may be provided for in any Annualization Agreement.
Non-payment of Contract premium SAMPLE In the event of cancellation for Fraud or Material Misrepresentation, such cancellation will be made in writing You and the Lienholder (if applicable).
Dealer further agrees to cancel the Service Contract upon Customer's written request, or where applicable, SEAF 's written request, and to remit or cause the administrator or underwriter to remit and refund the unearned portion of the Service Contract premium to SEAF, as required by SEAF.
For Contract Work performed outside of regularly schedule working hours as defined by the Contract, premium time costs will be paid, only if expressly directed in writing by the Commissioner before you begin the Work.
Non-payment of Contract premium In the event of cancellation for Fraud or Material Misrepresentation, such cancellation will be made in writing You and the Lienholder (if applicable).