Premium Interest definition

Premium Interest means the premium payable by the Guarantor to the Seller in accordance with the Subordinated Loan Agreement, as determined thereunder.
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Premium Interest shall be equal to the cumulative amount of unreimbursed premiums paid on the Policy by the Assignee, less any Policy loans outstanding to Assignee (including any accrued interest on such loans).
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Premium Interest means, with respect to any Premium received ---------------- or receivable by AIL in respect of any Insurance Product that shall have been arranged by any Obligor, a portion of such Premium equal in amount to the commission or other similar fee that is or will be payable to such Obligor by AIL upon remittance of such Premium to AIL.
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Examples of Premium Interest in a sentence

  • Section 1001 Payment of Principal, any Premium, Interest and Additional Amounts.

  • Payment of Principal, any Premium, Interest and Additional Amounts.

  • Section 10.1 Payment of Principal, any Premium, Interest and Additional Amounts.

  • Unconditional Right of Holders to Receive Principal and any Premium, Interest and Additional Amounts.

  • Section 10.1. Payment of Principal, any Premium, Interest and Additional Amounts.

  • The Owner may surrender the Policy at any time; provided, the Owner shall surrender the Policy or otherwise terminate this Agreement only with the written consent of the Assignee at any time that the Cash Surrender Value is less than the Premium Interest.

  • Payment of Principal, Any Premium, Interest and Additional Amounts.

  • Any Premium, Interest and Additional ---------------------------------------------------------- Amounts.

  • Unconditional Right of Holders to Receive Principal and any Premium, Interest and Additional Amounts 54 Section 5.09.

  • Payment of Principal and any Premium, Interest and Additional Amounts.