Contribution/Premium definition

Contribution/Premium. – means the premium(s) paid by the Policyholder into the Policy.
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Contribution/Premium means the premium(s) paid by the Policyholder into the Policy.
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Contribution/Premium means the total initial contribution/ premium and subsequent contribution/ premium due and payable under the Policy.
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Examples of Contribution/Premium in a sentence

  • The general meeting of the Beneficiary Company convened to decide on the Contribution shall be asked to approve the foregoing provisions relating to the determination of the amount of the Contribution Premium and to decide on the allocation thereof.

  • Premium paid to the Company shall become part of the assets of the Company but no Late Contribution Premium shall be credited toward the Priority Contribution Account of any Member.

  • In such event, the amount of the Contribution Premium would be consequently adjusted by the difference between such amount and the net book value of the membership interests in AREVA Enrichment set forth in Clause 3.1(a) above.

  • Section “N” – Retroactivity of Contribution (Premium) Collections Payroll deductions for employee contributions (premiums) for insurance benefits shall be retroactive to January 1 of each insurance plan year should the Union and Board fail to approve and ratify agreement as to those contributions (premiums) prior to January 1 of each calendar year.


More Definitions of Contribution/Premium

Contribution/Premium means the amount as determined by the Deputy City Manager: Finance which is payable to the insurer by any department of the municipality or on behalf of any other insured, for insurance cover under any section of this policy in respect of each year of insurance;
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