Maximum Premium definition

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

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Maximum Premium shall have the meaning set forth in Section 6.4(b).

Maximum Premium has the meaning set forth in Section 5.10(c).

Examples of Maximum Premium in a sentence

• If such insurance coverage cannot be obtained at all, or can only be obtained at an annual premium in excess of the Maximum Premium, Parent shall maintain the most advantageous policies of directors' and officers' insurance obtainable for an annual premium equal to the Maximum Premium.

• If such insurance coverage cannot be obtained at an annual premium equal to or less than the Maximum Premium, the Surviving Corporation will obtain, and Parent will cause the Surviving Corporation to obtain, that amount of directors’ and officers’ insurance (or “tail” coverage) obtainable for an annual premium equal to the Maximum Premium.

• If such insurance coverage cannot be obtained at all, or can only be obtained at an annual premium in excess of the Maximum Premium, Parent shall maintain the most advantageous policies of directors’ and officers’ insurance obtainable for an annual premium equal to the Maximum Premium.

• If such insurance coverage cannot be obtained at an annual premium equal to or less than the Maximum Premium, the Surviving Corporation will obtain, and Parent will cause the Surviving Corporation to obtain, the greatest coverage available for a cost not exceeding an annual premium equal to the Maximum Premium.

• The Premium Load Rate we use will not exceed the Maximum Premium Load Rate shown in the Policy Specifications.

More Definitions of Maximum Premium

Maximum Premium means 300% of the last annual premium paid prior to the Effective Time for the Current D&O Insurance.

Maximum Premium has the meaning assigned to such term in Section 5.7(b) of the Agreement.

Maximum Premium means 250% of the last annual premium paid prior to the Effective Time for the Current D&O Insurance.

Maximum Premium means such relevant premium as set out in the applicable Final Terms under the heading "Maximum Premium".

Maximum Premium is defined in Section 5.9(b).

Maximum Premium means 50% of the annual or annualized premium being paid by Regional on or for its directors and officers liability policy as of the Commencement Date.

Maximum Premium has the meaning given to it in clause 10.3;