Monthly Insurance Premium definition

Monthly Insurance Premium means the Premium (as defined in the Premium ------------------------- and Fee Letter) for any Monthly Period.
Monthly Insurance Premium. With respect to any Payment Date, the insurance premium due to the Note Insurer, which premium will be determined as a variable rate pursuant to the Premium Letter (as defined in the Insurance and Indemnity Agreement).
Monthly Insurance Premium means for any Distribution Date, the premium payable in respect of the Policy in accordance with the Insurance Agreement and the Premium Letter Agreement.

Examples of Monthly Insurance Premium in a sentence

  • The Lender shall hold Monthly Escrow Payments in a non-interest-bearing fund from which the Lender will pay on a timely basis those Escrow Expenses that the Lender has anticipated will become payable on a regular basis during the Loan’s term, and on which the Lender has based its determination of the Monthly Imposition Requirement, the Monthly Insurance Premium Requirement and the Monthly Reserve Requirement.

  • This copy of the DDRS letter is unsigned, and shows Doug Swenson as being copied.

  • Beneficiary shall hold Monthly Escrow Payments in a fund from which Beneficiary will pay Escrow Expenses that Beneficiary has anticipated will become payable on a regular basis during the Loan's term, and on which Beneficiary has based its determination of the Monthly Imposition Requirement, the Monthly Insurance Premium Requirement and the Monthly Reserve Requirement.

  • Since the aim of the HTB is to detune the system a high setting force may be preferable.

  • In the event an Individual Property is released from the Lien of its related Security Instrument in accordance with Section 2.5 hereof, (a) any Tax and Insurance Escrow Funds allocated for such Individual Property shall be returned to Borrower and (b) the Monthly Tax Deposit and the Monthly Insurance Premium Deposit, as applicable, shall be reduced by the monthly deposit allocated for such Individual Property.

  • Consideration of and action regarding the following being debited from The Wells Fargo Housing Choice Voucher Account: ADP Payroll Fees and Payroll, Blue Cross Blue Shield Monthly Insurance Premium, Pitney Bowes Postage Fees.

  • Starting September 1 , 2019 the Monthly Insurance Premium will be as follows: • If rate increase is 0% to 18% - Employer pays 88% & Employee pays 12% • If rate increase is over 10% Employee pays additionally half the amount over 10% • The maximum contribution by Employee is 15%.

  • Table 9: Monthly Insurance Premium ComparisonPlan TypeWEVSDLERC 1Difference% DifferenceSingle$615.68$569.14$46.548.2%Family$1,539.17$1,424.80$114.378.0%Source: WEVSD and SERB1 Reflects the 2015 average monthly medical/prescription premiums for school districts in LERC.

  • Movement from habitable rooms shall not require passage through more than three doors and 100 feet (30,480 mm) distance of travel within the suite.

  • Edwards also raised concerns about the structural stability of the By-Pass Dam itself.

Related to Monthly Insurance Premium

  • 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.

  • Special Primary Insurance Premium With respect to any Special Primary Insurance Policy, the monthly premium payable thereunder. Statutory Trust Statute: Chapter 38 of Title 12 of the Delaware Code, 12 Del.C. §3801 et seq., as the same may be amended from time to time.

  • Insurance Premiums shall have the meaning set forth in Section 6.1(b) hereof.

  • 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;

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

  • 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.

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

  • 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.”

  • Insurance Costs means the sums described in paragraph 1.1 of Part 5 of the Schedule;

  • Collateral Senior Minimum Monthly Interest shall have the meaning specified in subsection 4.02(d).

  • Collateral Minimum Monthly Interest shall have the meaning specified in subsection 4.02(c).

  • Cumulative Insurance Payments As defined in the Series Supplement.

  • Insurance Amount has the meaning set forth in Section 6.11(c).

  • 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.

  • Maintenance Charges means the charges payable by the applicant to the Maintenance Agency in accordance with the demand raised by the Maintenance Agency for the maintenance and up keep of the said building/ said complex, including common areas and facilities but does not include; (a) the charges for actual consumption of utilities in the Dwelling Unit including but not limited to electricity, water, which shall be charged based on actual consumption on monthly basis and (b) any statutory payments, taxes, with regard to the Dwelling Unit/ said building/said complex.

  • Note Monthly Interest means, for a Class and a Payment Date, the aggregate amount of interest accrued on the Note Balance of the Class at the Note Interest Rate for the Class for the related Interest Period.

  • Monthly Charges means a finance carrying charge of one and one-half of one percent (1.5%) and a storage and handling charge of one-half of one percent (0.5%), in each case of the Cost of the Inventory and/or Special Inventory and/or of the fees for the Product affected by the reschedule or cancellation (as applicable) per month until such Inventory and/or Special Inventory and/or Product is returned to the vendor, used to manufacture Product or is otherwise purchased by Customer.

  • Debt Service Charges means for any Measurement Period, the sum of (a) Consolidated Interest Charges paid or required to be paid for such Measurement Period, plus (b) principal payments made or required to be made on account of Indebtedness (excluding the Obligations and any Synthetic Lease Obligations but including, without limitation, Capital Lease Obligations) for such Measurement Period, in each case determined on a Consolidated basis in accordance with GAAP.

  • Special Allowance Payments means payments, designated as such, consisting of effective interest subsidies by the Department in respect of the Trust Student Loans to the Eligible Lender Trustee on behalf of the Trust in accordance with the Higher Education Act.

  • 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

  • Payment Date Advance Reimbursement has the meaning set forth in Section 8.03(a)(iii)(A) of the 20[•]-[•] Servicing Supplement.

  • 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.