Insurance Premium definition

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.

Insurance Premium means the loan insurance premium paid by the finan- cial institution to the Commissioner in consideration of the contract of insur- ance.

Insurance Premium shall have the meaning specified in the Premium Side Letter Agreement.

Examples of Insurance Premium in a sentence

In order to avoid any potential non-compliance with Section 409(A) of the Internal Revenue Code of 1986, as amended, the Severance Payment, 2023 Annual Bonus Equivalent Payment, 2024 Annual Bonus Payment, PTO Payment, and Insurance Premium Payment described in Section 2(a)-(e) above will be paid in a lump sum on the date that is the first payroll date that is six (6) months after the Effective Date of the Agreement.
At Closing, the Purchaser shall pay the Insurance Premium to the Insurer by wire transfer of immediately available cleared funds to the bank account of the Insurer identified in the W&I Insurance.

Insurance Premium means Premium as defined in the Premium Side Letter Agreement.

Insurance Premium means premium payment(s) payable to the Insurer in relation to any Insurance;

Insurance Premium means for any Distribution Date, an amount equal to the product of (i) the Policy per annum fee rate set forth in paragraph 1 of the Premium Side Letter Agreement calculated for the actual number of days elapsed during the Collection Period on the basis of a 360 day year and (ii) the Certificate Balance calculated as of the Record Date to which such Distribution Date relates, payable monthly in arrears.

Insurance Premium. With respect to the Certificate Policy and any Distribution Date, an amount equal to the product of one-twelfth (1/12) of the "Premium Percentage" set forth in the Commitment Letter and the Certificate Principal Balance of the Retail Certificates immediately prior to such Distribution Date.

Insurance Premium. With respect to any Distribution Date, an amount equal to 1/12th of the product of (a) the Certificate Principal Balance of the Class A-3 Certificates as of such Distribution Date (prior to giving effect to any distributions thereon on such Distribution Date) and (b) the Premium Percentage (as defined in the Commitment Letter).

Insurance Premium means the gross premium for a CTP insurance policy (including levies and administration fee).

Insurance Premium has the meaning set forth in Section 5.04(b).