Premium basis definition

Premium basis. , means allotment of land on annual lease basis on payment of annual lease rent with escalation approved by the Board from time to time.
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Examples of Premium basis in a sentence

  • Unless otherwise agreed, Life reinsurance shall be on the Risk Premium basis or coinsurance basis if applicable at the premium rates shown in Exhibit C to provide the reinsurance benefits described in Exhibit D.

  • Unless otherwise agreed, Life reinsurance shall be on the Risk Premium basis at the premium rates shown in Exhibit C to provide the reinsurance benefits described in Exhibit D.

  • Life reinsurance shall be ceded on the Risk Premium basis for the Net Amount at Risk reinsured.

  • The Company agrees to perform both a pro-rata calculation and a dollar-for-dollar calculation when death benefits on a Return of Premium basis are being requested from Swiss Re Life & Health.

  • Unless specifically authorized in writing by the SAIC-F, the Subcontractor is not authorized to perform and the SAIC-F is not obligated to reimburse the Subcontractor for work performed on an Overtime or Shift Premium basis.

  • For some Services, IP Connectivey is available on a Volume or Premium basis only.

  • The District shall provide reimbursement of the Medicare Part B Premium basis rate for retirees.

Related to Premium basis

  • Premium Due Date means date specified in the Schedule on which the Instalment Premium will become due.

  • Premium Amount The amount of premium due to the Note Insurer in accordance with the terms of the Insurance Agreement.