Final Premium definition

Final Premium means the total reinsurance premium except for Reinstatement Premium.
Final Premium means the aggregate premium owed by all Members in each Fund Year to the Group after adjust- ments to Manual Premium due to payroll audits.
Final Premium means the premium for the insurance afforded under the policies described in Section 1 of PART II and others as may be added by endorsement thereto, upon its final recalculation according to the terms of the policies and this endorsement. Prior to such final recalculation, the premium for such insurance is only the estimated premium.

Examples of Final Premium in a sentence

  • All Additional Premium for the audit shall be payable fifteen (15) days after the billing date of the Final Premium Notice.

  • Failure to pay the Final Premium demanded will entail automatic cancellation of the Policy immediately on expiry of the said 30 days without giving any further notice.

  • The need to improve efficiency, targeting and have a program to graduate people as they no longer need a safety need is what is reflected in the DPF prior action that focuses on approval of a Plan to improve the coverage of the NAF’s cash transfer program.

  • If the Final Premium is less than the sum of the previously paid three deposit premium installments, the Reinsurer shall remit the difference to the Company.

  • If the Final Premium is less than the Deposit Premium, the Insurer shall refund to the Employer the difference between the Deposit Premium and the Final Premium.

  • Premiums may be paid to the Company at any time on or before the Final Premium Date shown on page 3.

  • If the Final Premium is greater than the Deposit Premium, the Employer shall be liable to the Insurer for the difference between the Final Premium and the Deposit Premium and shall pay such amount to the Insurer on demand.

  • In the event that the Employer, upon the expiry of the Assessment Period, fails to furnish the Insurer with the detail of the Employees’ actual Earnings for the Assessment Period, the Final Premium may, at the Insurer’s sole discretion, be calculated using the confirmed actual details in respect of the previous year, or the Final Premium on the previous year’s estimates or the Deposit Premium for the year under review.

  • In the event of the Employer submitting figures for the calculation of the Final Premium which are greater than the original estimated Earnings and upon which the Deposit Premium is calculated, the Insurer shall be entitled to impose upon and recover from the Employer, a fine of up to 10% of the difference between the actual amount and the Deposit Premium.

  • Further south, around Port Lincoln, sea level averaged around 0.5 to 1 m higher during the mid-Holocene.


More Definitions of Final Premium

Final Premium has the meaning specified in Section 3.2(a)(2).
Final Premium means the total reinsurance premium, net of brokerage fees, except for Reinstatement Premium.
Final Premium. (Final Bond Price - 1 Euro) * Number of Bonds Settlement Method: Cash or Physical Settlement at the Counterparty's option The terms are subject to approval of the CAL FP Bank Risk Commission CAL FP Bank Credit Argicole Lazard Financial Products Bank 14.11.2001 -------------------------------------------------------------------------------- Interest Rate: 12 month Euribor +150 bps pa (ACT/360), payable yearly calculated on the Notional Amount. Arranger Fee: 1.125% on the Notional Amount, payable 2 business days after the Initial Averaging Period.

Related to Final Premium

  • Annual Premium means an amount specified in the Schedule, which is payable under the annual Premium payment mode under this Policy, excluding Extra Premium, if any and excluding service tax or any other taxes, cesses or levies, if any;

  • Auction Premium means the difference in price (if any) between the Starting Price and the Clearing Price;

  • Spread Maintenance Premium means, with respect to any payment or prepayment, an amount equal to the product of the following: (i) the LIBOR Margin, the Alternate Rate Spread or the Base Rate Spread then applicable to each such future installment of interest, multiplied by (ii) the principal amount of the Loan so prepaid, and multiplied by (iii) a fraction, the numerator of which is the number of days following the date through which interest on the prepaid amount has been paid through and including December 14, 2019, and the denominator of which is 360.

  • Maximum Premium has the meaning set forth in Section 7.06(b).

  • Yield Maintenance Premium means the amount (if any) which, when added to the remaining principal amount of the Note or the principal amount of a Defeased Note, as applicable, will be sufficient to purchase U.S. Obligations providing the required Scheduled Defeasance Payments.

  • Extra Premium means an additional amount charged by Us, as per Our Underwriting Policy, which is determined on the basis of disclosures made by You in the Proposal Form or any other information received by Us including medical examination report of the Life Insured.

  • Net Premium means the premium, net of reinsurance premiums paid, HRA and GME payments, and MCO tax expenses.

  • Total Premiums Paid means total of all the premiums received, excluding any extra premium, any rider premium and taxes.

  • Prepayment Premium means, with respect to the Mortgage Loan, any prepayment premium, spread maintenance premium, yield maintenance premium or similar fee required to be paid in connection with a prepayment of the Mortgage Loan pursuant to the Mortgage Loan Documents, including any exit fee.

  • Single Premium means the Premium amount specified in the Schedule payable in Lump Sum at the inception of the Policy. No further Premiums are payable under this Policy.

  • Insurance Premium means the amount that each Debtor shall pay on a monthly basis to Agos pursuant to the relevant Consumer Loan Agreement, in relation to the insurance premium paid by Agos to the relevant Insurance Company under any Financed Insurance Policy.

  • Base premium rate means, for each class of business as to a rating period, the lowest premium rate charged or that could have been charged under the rating system for that class of business by the small employer carrier to small employers with similar case characteristics for health benefit plans with the same or similar coverage.

  • Annualised Premium means the premium amount payable in a year chosen by the policyholder, excluding the taxes, rider premiums, underwriting extra premiums and loadings for modal premiums, if any as specified in the Schedule.

  • Monthly Rent means the monthly installment of Minimum Annual Rent plus the monthly installment of estimated Annual Operating Expenses payable by Tenant under this Lease.

  • Percentage Rent As defined in Subsection 3.1(b).

  • Risk Premium means a percentage determined on an Adjustment Day for the Adjustment Period beginning on such Adjustment Day, which indicate the price of the risks taken over by the Issuer. The determination will be made by the Issuer in its reasonable discretion (billiges Ermessen § 315 German Civil Code (BGB)). The respective

  • Make-Whole Premium means, with respect to a Note at any redemption date, the greater of:

  • AMPS Basic Maintenance Amount, as of any Valuation Date, means the dollar amount equal to (i) the sum of (A) the product of the number of shares of AMPS and Other AMPS Outstanding on such Valuation Date multiplied by the sum of (a) $25,000 and (b) any applicable redemption premium attributable to the designation of a Premium Call Period; (B) the aggregate amount of cash dividends (whether or not earned or declared) that will have accumulated for each share of AMPS and Other AMPS Outstanding, in each case, to (but not including) the end of the current Dividend Period that follows such Valuation Date in the event the then current Dividend Period will end within 49 calendar days of such Valuation Date or

  • Net earned premium as used herein is defined as gross earned premium of the Company for the classes of business reinsured hereunder, less the earned portion of premiums ceded by the Company for reinsurance which inures to the benefit of this Contract.

  • SO2 Allowance means “allowance” as defined at 42 U.S.C. § 7651a(3): “an authorization, allocated to an affected unit by the Administrator of EPA under Subchapter IV of the Act, to emit, during or after a specified calendar year, one ton of sulfur dioxide.”

  • Monthly Base Rent The monthly rent specified in Section 1.01(8).

  • Deposit Premium means a provisional premium which is agreed upon in the event of it being impossible at the due date of the premium to determine the exact premium, and which represents a reasonable estimate of the premium;

  • Prepayment Premium Period means the period during which, if a prepayment of principal occurs, a prepayment premium will be payable by Borrower to Lender. The Prepayment Premium Period is the period from and including the date of this Note until but not including the first day of the Window Period.

  • Minimum Disbursement Amount means Twenty-Five Thousand and No/100 Dollars ($25,000).

  • Special Reimbursement Date means, the special payment date established in connection with a Reimbursement under Special Circumstances as described hereunder “Extraordinary Events and Special Circumstances – Reimbursement Under Special Circumstances and Payment”.

  • Applicable Prepayment Premium has the meaning specified therefor in the Fee Letter.