Premium Fees definition
Examples of Premium Fees in a sentence
Resident hereby acknowledges and agrees that the Contract Amount, Monthly Installments and Additional Fees may vary based on additional premium fees (“Premium Fees”) associated with certain Unit or Bedroom types, such Premium Fees, if applicable, to be determined upon Unit assignment, and Resident hereby acknowledges and agrees to pay such amounts when due and to execute all such documentation as may be reasonably required by Landlord to evidence the same.
An example of this could be as the mechanism for Premium Fees for Premium Feature(s) and/or Premium Subscription(s).
If, subsequent to any Closing Date, the amount on any Funding Statement on which the Purchase Price with respect to a Purchaser Loan was based is found to be in error, within ten (10) Business days of receipt of information from the discovering party sufficient to establish the error, the party benefiting from the error shall pay the other party an amount sufficient to correct and reconcile the Purchase Price and related Loan Premium Fees and Trailing Fees.
An applicable Order Form could, for example, in this regard provide that the Premium Fees for a particular Premium Feature be “X Utilisation Units per month for the balance of the Term”.
The Premium Fees due hereunder shall be reduced as provided herein for any such surrender.
Subject to the following paragraph, the "Premium Fees" for each month shall be a percentage, as set forth below, of an amount equal to the aggregate value of all Purchasers' premiums paid during said month.
Premium Fees payable on each Premium Payment Date will be calculated based on a 365 or 366 day year for the actual number of days elapsed, and will be determined in accordance with the Fund's month end average net asset policy previously described to the Insurer (which policy shall not be modified without 30 days prior written notice to the Insurer).
Prior to the date hereof, under the Original PSA, HLRA, as the purchaser, advanced an aggregate amount of Initial Amounts equal to $4,468,150, net of all Percent of Premium Fees and all Initial Amount Offsets for all Subject Policies issued thereunder and received by HLRA through February 28, 2018, at which time the “Funding Termination Date” under the Original PSA had been reached.
LESSEE shall pay LESSOR rent on a monthly basis equal to the sum of the Premium Fees and the Mutual Fund Fees (each as hereinafter defined).
In addition, thereafter, Seller shall pay to Purchaser on each succeeding Settlement Date all Percent of Premium Fees which Seller has received, directly or indirectly, from the policyholder of that Subject Policy during the preceding Settlement Period.