Premium Percentage definition

Premium Percentage. As defined in the Insurance Agreement.
Premium Percentage. As to any Distribution Date, the percentage calculated by dividing the Premium Payment (determined without regard to clause (ii) of the definition thereof) by the sum of (a) the Class A Interest Accrual Amount (determined without regard to clause (ii) of the definition of each Interest Accrual Amount) and (b) the Premium Payment (determined without regard to clause (ii) of the definition of Premium Payment).

Examples of Premium Percentage in a sentence

  • ITEM 6 DISCOVERY PERIOD: Additional Premium Percentage: 100% of the annualized premium Additional Months: 12 months(If exercised in accordance with section VI.

  • The Transferors shall also have the option of increasing, reducing or withdrawing the Premium Percentage, at any time and from time to time, on and after such Premium Option Date.

  • The Applicable Premium Percentage shall be applied to calculate the Insurance Brokerage Fees during the period commencing on the Chilean Effective Time and ending on the last day of the calendar year (the “First Applicable Premium Percentage Year”) subsequent to the year on which the Chilean Effective Time occurs.

  • BrightLife® Protect and IUL Protect 1.0 % BrightLife® Grow 2.0 % Compensation on Incentive Life Optimizer® III and VUL OptimizerSM Series 160: Type of Premium Percentage Heaped Compensation First Policy Year Qualifying First Year Premiums up to Target 99.0 % Excess Premiums 8.5 % Renewals Policy Years 2-5 5.8 % Policy Years 6-10 3.8 % Policy Years 11 et seq.

  • The Declarations are amended by the addition of the following item: Discovery Period: Additional Premium Percentage: 125% of the annualized premium for this bond Additional Months: 12 months(If exercised in accordance with the DISCOVERY PERIOD condition of the bond.) II.


More Definitions of Premium Percentage

Premium Percentage means 115%.
Premium Percentage. The per annum rate at which the premium due to the Certificate Insurer accrues, as set forth in the Premium Letter.
Premium Percentage. The rate at which the “Premium” is determined (including any “premium supplement”), as defined in the Insurance Agreement.
Premium Percentage means the percentage, if any, designated from time to time by the Transferors pursuant to Section 2.13.
Premium Percentage shall have the meaning ascribed to such term in Section 3.02 hereof.
Premium Percentage means 120%.
Premium Percentage shall have the meaning set forth in the Policy Fee Letter.