Premium Volume Sample Clauses

Premium Volume. Annual premium volume shall not exceed $[**], not including policy fees.
Sample 1Sample 2See All (4)
AutoNDA by SimpleDocs
Premium Volume. Annual premium volume shall not exceed $[**]
Sample 1Sample 2
Premium Volume. General Agent shall be limited to writing a maximum aggregate premium volume of $[**] in all territories shown above in any 12 month period, such period to run consecutively from the effective date of this Schedule and the Agreement unless provided otherwise in writing by Company. Such annual premium maximum shall be based on mutually agreed upon premium plan by state.
Sample 1Sample 2
Premium Volume. General Agent shall be limited to writing a maximum aggregate premium volume of $[**] in all territories shown above in any 12 month period, such period to run consecutively from the effective date of this Schedule and the Agreement unless provided otherwise in writing by Company. Such annual premium maximum shall be based on mutually agreed upon premium plan by state. 6. Rates, Rules and Forms. All rates, rules and forms used by General Agent to produce Authorized Business under the Agreement are to be submitted by General Agent for Company’s written approval prior to General Agent’s use. Such rates, rules and forms, as mutually agreed upon by General Agent and Company, shall be filed by Company with the proper regulatory agency, as required. Upon completion of filing and receipt of approval from the applicable regulatory agency or according to approval granted by Regulations, Company shall notify General Agent of the effective date of such filing. General Agent acknowledges and agrees that it is fully aware of all of the terms and conditions of the approved rates, rules and forms, and it shall comply with all such terms and conditions that are within the control of General Agent, including, but not limited to, Policy cancellation provisions, otherwise, it shall bear all risks for non- compliance. 7.
Sample 1

Related to Premium Volume

  • Maximum Charges In no event whatsoever shall interest and other charges charged hereunder exceed the highest rate permissible under law. In the event interest and other charges as computed hereunder would otherwise exceed the highest rate permitted under law, such excess amount shall be first applied to any unpaid principal balance owed by Borrowers, and if the then remaining excess amount is greater than the previously unpaid principal balance, Lenders shall promptly refund such excess amount to Borrowers and the provisions hereof shall be deemed amended to provide for such permissible rate.

  • Minimum Monthly Rent Tenant shall pay minimum monthly rent (“Minimum Monthly Rent”) in the initial amount stated in Section 1.5, which amount shall be subject to increase as provided in Sections 1.5 and 4.3. Tenant shall pay the Minimum Monthly Rent on or before the first day of each calendar month, in advance, at the office of Landlord or at such other place designated by Landlord, without deduction, offset or prior demand. If the Commencement Date is not the first day of a calendar month, the rent for the partial month at the beginning of the Lease Term shall be prorated on a per diem basis and shall be due on the first day of such partial month. Upon execution of this Lease, Tenant shall pay the first month’s Minimum Monthly Rent to Landlord.

  • PREMIUM ADJUSTMENT If THE COMPANY overpays a reinsurance premium and THE REINSURER accepts the overpayment, THE REINSURER’s acceptance will not constitute or create a reinsurance liability or increase in any existing reinsurance liability. Instead, THE REINSURER will be liable to THE COMPANY for a credit in the amount of the overpayment. If a reinsured policy terminates, THE REINSURER will refund the excess reinsurance premium. This refund will be on a prorated basis without interest from the date of termination of the policy to the date to which a reinsurance premium has been paid.

  • Premium Payment The Bank shall pay any premiums due on the Policy.

  • PREMIUM PAYMENT METHOD The Bank shall pay an amount equal to the planned premiums and any other premium payments that might become necessary to keep the policy in force.

  • Premium Payments If an employee with at least three years of service in the employ of the Shaker Heights Board of Education should exhaust his/her sick leave within the time specifications of this contract and is granted a leave of absence by the Board, the Board shall continue to pay his/her premiums in accordance with his/her work assignment for the following fringe benefits for a period not to exceed twelve (12) months. The payment of such premiums will cease on the effective date an employee retires, resigns, goes on disability retirement or his/her contract is terminated.

  • PREMIUM TAX The Reinsurer will not reimburse the Ceding Company for premium taxes.

  • Premium Taxes If premium taxes are incurred, they will be deducted from the contract accumulation, to the extent permitted by law.

Time is Money Join Law Insider Premium to draft better contracts faster.