Program Premium definition

Program Premium is defined as direct written premium and additional audit premium, policy and/or service fees and any adjustments thereto charged on all new and renewal policies produced by the PA hereunder on behalf of the Company, less return or refund premiums.
Program Premium is the sum of money determined pursuant to this Agreement and the Bylaws of the Corporation for a specific Program, as the amount due from each Program Participant for the Coverage Period. A Program Premium for a specific Program is identified as "Retained Equity Program Premium (Name of Program)."

Examples of Program Premium in a sentence

  • WorkSafeBC shall compensate the Rural Retention Program Premium equivalency to the Medical Services Plan for Physicians residing in qualified communities.

  • Where this is not practicable, the locum Physician may receive the Rural Retention Program Premium by submitting their own payment number if prior notification is given to WorkSafeBC.

  • Upon attainment of the $100 per month Career Incentive Program Premium, a unit member shall be required to successfully complete three (3) units in the fire science curriculum or sixty (60) hours of instruction in an approved class, lecture, seminar, etc.

  • Where this is not practical, the locum Physician may receive the Rural Retention Program Premium by submitting their own payment number if prior notification is given to WorkSafeBC.

  • A Premium Service Level Plan may enable Users to access certain features that are not available to Users who select the No Fee Plan, possibly including, but not limited to, the following: • Double rewards under the Jassby Member Rewards Program: Premium Service Level Plan members may earn two rewards points for every rewards point earned pursuant to the Jassby Rewards Program, described in Section 1.11 of this Agreement.

  • Where this is not practical, the locum Physician may receive the Rural Retention Program Premium by billing his/her own payment number if prior notification is given to the WCB.

  • In consideration of the services provided under this Agreement, the PA shall be compensated based upon commissions that shall be determined on a case by case basis for each account bound with the Company receiving a commission equal to [*]2 percent ([*])2 of all gross written Program Premium.

  • If you are member of the ProAdvisor Program Deluxe or ProAdvisor Program Premium and this membership was purchased by your firm or employer, and you leave the firm or employer and begin working with a different firm and/or employer, the firm or employer who purchased the membership may, in their sole discretion, transfer the individual’s membership to another individual.

  • Name: Title: By: Name: Title: ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇, ▇.▇., as Lender and as Administrative Agent Name:Title: By:Name:Title: ▇▇▇▇▇ FARGO BANK, N.A., as a Lender and as Syndication Agent By: Name:Title: $40,000,000 ACH Credit $7,000,000 ACH Debit $7,500,000 Daylight Overdraft $175,000 Foreign Exchange Facility Closed Loop Gift Card Program (Premium Gift Card Solution) and ARTICLE I Definitions SECTION 1.01.

  • All amounts attributable to the Member Entity's Program Premiums (Liability) shall be deposited into the applicable Claims Payment Fund except for the portions, if any, of the Program Premium (Liability) attributable to premiums or premium adjustments resulting from the purchase of commercial insurance or reinsurance, or excess insurance shall be deposited in the operations fund.