Premium Fee definition

Premium Fee has the meaning provided in Section 2.04.
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Premium Fee. [terms of premium fee redacted];
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Premium Fee has the meaning provided in SECTION 2.04.
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Examples of Premium Fee in a sentence

  • Notwithstanding any dispute or difference between MDO and WBMDTCL pending before any court, tribunal, or any other Authority, WBMDTCL shall have right to invoke the Performance Security and Additional Performance Security, if applicable, and Premium Fee Guarantee as per the terms and conditions of the Sand Mining Agreement.

  • Performance Security, Premium Fee Guarantee and Additional Performance Security, if applicable shall remain in full force and effect during the period of contract for satisfactory performance and fulfilment in all respect of the Agreement and the Scope of Work.

  • After approval of the Mining Plan/ Obtaining the environment clearance, the amount of Performance Security, Additional Performance Security, if applicable, and installment of Advance Premium Amount, Premium Fee Guarantee shall be revised, if required, as per the actual production capacity according to the approved Mining Plan/ permissible in Environmental Clearance of respective Sand Mining Blocks.

  • In case whole or part of Performance Security, Premium Fee Guarantee, Additional Performance Security, if applicable, is forfeited by WBMDTCL on account of any reason, MDO shall replenish it without any failure within fifteen (15) days of such encashment.

  • In case of termination of Agreement due to Force Majeure, the Performance Security, Premium Fee Guarantee and Additional Performance Security (if applicable) shall be returned to the MDO.

  • Sand Mining Agreement shall be signed only after submission of Advance Premium Amount, acceptance of LoI, Performance Security, Premium Fee Guarantee Additional Performance Security, if applicable, and obtaining of all statutory approval.

  • A bidder(s) found to have a Conflict of Interest shall be disqualified and EMD, performance security , advance premium amount , Premium Fee Guarantee , additional performance security if applicable are liable to be forfeited without payment of any compensation.

  • In case of the occurrence of Events of Default as mentioned in Clause 9.5(d) , 9.5(e) ,9.5(f) , 9.5(g) , and 9.5(h) WBMDTCL shall be entitled to invoke 100% of the Performance Security, Premium Fee Guarantee , and Additional Performance Security (if applicable) provided by the MDO.

  • In case of the occurrence of Events of Default as mentioned in Clause 9.5(d), 9.5(e), 9.5(f), 9.5(g), and 9.5(h) WBMDTCL shall be entitled to invoke 100% of the Performance Security, Premium Fee Guarantee, and Additional Performance Security (if applicable) provided by the MDO.

  • Sand Mining Agreement shall be signed only after submission of Advance Premium Amount, acceptance of LOI, Performance Security, Premium Fee Guarantee Additional Performance Security, if applicable, and obtaining of all statutory approval.

Related to Premium Fee

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

  • Premium Payment Date in respect of any Option, means the date on which the Premium is due and payable, as agreed to at the time the Option is entered into, as evidenced in a Confirmation.

  • Premium pay Per the statute, recipients have broad latitude to designate critical infrastructure sectors and make grants to third-party employers for the purpose of providing premium pay or otherwise respond to essential workers. While the interim final rule generally preserves the flexibility in the statute, it does add a requirement that recipients give written justification in the case that premium pay would increase a worker’s annual pay above a certain threshold. To set this threshold, Treasury analyzed data Federal Register / Vol. 86, No. 93 / Monday, May 17, 2021 / Rules and Regulations 26817 from the Bureau of Labor Statistics to determine a level that would not require further justification for premium pay to the vast majority of essential workers, while requiring higher scrutiny for provision of premium pay to higher- earners who, even without premium pay, would likely have greater personal financial resources to cope with the effects of the pandemic. Treasury believes the threshold in the interim final rule strikes the appropriate balance between preserving flexibility and helping encourage use of these resources to help those in greatest need. The interim final rule also requires that eligible workers have regular in-person interactions or regular physical handling of items that were also handled by others. This requirement will also help encourage use of financial resources for those who have endured the heightened risk of performing essential work.

  • Premium surcharge means a payment required from a subscriber, in addition to the subscriber's medical premium contribution, due to an enrollee's tobacco use or an enrolled subscriber's spouse or state registered domestic partner choosing not to enroll in their employer- based group medical when:

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

  • Tuition Fee means the basic tuition fee applicable to specific programmes and shall include auxiliary fees which are for required instruction but shall exclude any other fees such as international student differential fees, co-op fees, and student union fees.

  • Premium tax means a tax paid by insurance companies to provincial and territorial governments calculated as a percentage of gross premiums written.

  • Origination Fee means any origination fee payable to the Department by the lender with respect to any Trust Student Loan.

  • Hire Fee the hire fee specified in Item 13.

  • Program Fee As defined in the Fee Letter.

  • Premium Payment Term means the term specified in the Schedule, during which the Premiums are payable by You;

  • LPMI Fee With respect to each LPMI Loan, the portion of the Mortgage Interest Rate as set forth on the related Mortgage Loan Schedule (which shall be payable solely from the interest portion of Monthly Payments, Insurance Proceeds, Condemnation Proceeds or Liquidation Proceeds), which, during such period prior to the required cancellation of the LPMI Policy, shall be used to pay the premium due on the related LPMI Policy.

  • Monthly Fee has the meaning stated in Section 4.3(a).

  • Loan Fee shall have the meaning assigned in Section 5.1.

  • Processing Fee means in relation to a Transaction Summary delivered:

  • Premium payment plan means a benefit plan whereby state and

  • Maintenance Fee means any fee, obligation, or

  • Prepayment Fee is, with respect to any Term Loan subject to prepayment prior to the Maturity Date, whether by mandatory or voluntary prepayment, acceleration or otherwise, an additional fee payable to the Lenders in amount equal to:

  • 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.

  • Finance Charges means, with respect to a Contract, any finance, interest, late payment charges or similar charges owing by an Obligor pursuant to such Contract.

  • Upfront Fee has the meaning specified in Section 2.07 hereof.

  • Facility Fee has the meaning specified in Section 2.09(a).

  • Prepayment Premium Period means the period during which, if a prepayment of principal occurs, a prepayment premium will be payable by Borrower to Lender. The Prepayment Premium Period is the period from and including the date of this Note until but not including the first day of the Window Period.

  • Late Payment Fee means the excess of the Price Differential paid as a result of its calculation at the Post-Default Rate over the Price Differential as would have been calculated at the Pricing Rate.

  • Net Premium means the premium, net of reinsurance premiums paid, HRA and GME payments, and MCO tax expenses.

  • Premium Rate has the meaning assigned to such term in the Premium Letter.