Regular Premium definition
Examples of Regular Premium in a sentence
This Contract contains a total of 5 Lots, each representing a different type of Diesel Fuel (Regular, Premium, B5 BioDiesel, B10 BioDiesel and B20 BioDiesel) which are specified in the table below and described in further detail in Section 1.2 – Detailed Scope.
If there is still a remaining (if any), after fully paid to due Regular Premium and the maximum Top-up Premium, and shall be held at Manulife ( “Suspended Premium”).
The remaining (if any) after fully paying for all due Regular Premium will be paid to Top-up Premium.
If the deposited premium is insufficient for all due Regular Premium, such amount shall be used to pay for each due Regular Premium.
If the remaining amount (if any) is not sufficient to pay for one due Regular Premium, it shall be held at Manulife (“Suspended Premium”) until Policy Owner pays the shortage premium in accordance with following rules: During the grace period, the Suspended Premium and the additional premium (if any) will be paid for each due premium.