Premium Cap definition
Premium Cap has the meaning specified in Section 7.02(b).
Premium Cap shall have the meaning set forth in Section 6.01(b).
Premium Cap has the meaning set forth in Section 5.14(b)(ii).
Examples of Premium Cap in a sentence
If such minimum coverage is or becomes unavailable at the Premium Cap, then any such D&O Tail shall contain the maximum coverage available at such Premium Cap.
More Definitions of Premium Cap
Premium Cap has the meaning specified in Section 6.19(b).
Premium Cap has the meaning given to it in clause 8.2.1;
Premium Cap means, as applicable, (a) an amount of prepayment or redemption premium or other prepayment penalties of four percent (4%) or (b) a default interest rate of two percent (2%) above the applicable interest rate thereunder in the absence of a default.
Premium Cap shall have the meaning set forth in Section 4.09.
Premium Cap shall have the meaning set forth in Section 7.15.
Premium Cap shall have the meaning set forth in 6.12(f).
Premium Cap means, the amount specified in the second column of the table below (entitled “Limit”) for the applicable insurance layer set out beside it in the first column of that table (entitled “Insurance Layer”): Insurance layer Limit £ Premium Payable means the amount of the premium (including any risk premium in respect of the ARP and all levies and charges relating to a Policy) due from a Firm to a Qualifying Insurer (excluding any amount in respect of Insurance Premium Tax), whether or not actually received by that Qualifying Insurer in respect of: