Final Premium definition

Final Premium means the total reinsurance premium except for Reinstatement Premium.
Final Premium means the aggregate premium owed by all members in each fund year to the Group after adjustments to manual premium due to payroll audits, and after the payment of any discount amounts that may become due.
Final Premium means the premium for the insurance afforded under the policies described in Section 1 of PART II and others as may be added by endorsement thereto, upon its final recalculation according to the terms of the policies and this endorsement. Prior to such final recalculation, the premium for such insurance is only the estimated premium.

Examples of Final Premium in a sentence

  • All Additional Premium for the audit shall be payable fifteen (15) days after the billing date of the Final Premium Notice.

  • An automated debit or credit with respect to Final Premium will be made even if you dispute the amount of such debit or credit, subject to adjustment if the Final Premium is revised.

  • I (we) further agree that the amount of such debits may vary due to coverage changes I (we) initiate and due to factors reflected in the determination of the Final Premium for the policy(s) identified above.

  • Each automated debit or credit with respect to Final Premium will be made on your next designated withdrawal date after completion of the Final Audit.

  • You should keep all these documents together in a safe place for future reference xxx.xxxxxxxxxxxxxxxx.xxx 1 PRIVATE AND CONFIDENTIAL Policy Number DEVP1808001 Policy Details Start Date 1st August 2018 Expiry Date 1st August 2028 Policy Term 10 years Policy Currency USD Premium Details Selected Premium USD 7,140.23 Premium Frequency Annually First Premium Payment Date 1st August 2018 Final Premium Payment Date 1st August 2027 The Selected Premium is guaranteed for the entire Policy Term.


More Definitions of Final Premium

Final Premium. (Final Bond Price - 1 Euro) * Number of Bonds Settlement Method: Cash or Physical Settlement at the Counterparty's option The terms are subject to approval of the CAL FP Bank Risk Commission CAL FP Bank Credit Argicole Lazard Financial Products Bank 14.11.2001 -------------------------------------------------------------------------------- Interest Rate: 12 month Euribor +150 bps pa (ACT/360), payable yearly calculated on the Notional Amount. Arranger Fee: 1.125% on the Notional Amount, payable 2 business days after the Initial Averaging Period.
Final Premium has the meaning specified in Section 3.2(a)(2).
Final Premium means the total reinsurance premium, net of brokerage fees, except for Reinstatement Premium.

Related to Final Premium

  • Annual Premium means an amount specified in the Schedule, which is payable under the annual Premium payment mode under this Policy, excluding Extra Premium, if any and excluding service tax or any other taxes, cesses or levies, if any;

  • Auction Premium means the difference in price (if any) between the Starting Price and the Clearing Price;

  • Spread Maintenance Premium means, with respect to any payment or prepayment, an amount equal to the product of the following: (i) the LIBOR Margin, the Alternate Rate Spread or the Base Rate Spread then applicable to each such future installment of interest, multiplied by (ii) the principal amount of the Loan so prepaid, and multiplied by (iii) a fraction, the numerator of which is the number of days following the date through which interest on the prepaid amount has been paid through and including December 14, 2019, and the denominator of which is 360.

  • Maximum Premium has the meaning set forth in Section 7.06(b).

  • Yield Maintenance Premium means the amount (if any) which, when added to the remaining principal amount of this Note, will be sufficient to purchase U.S. Obligations providing the required Scheduled Defeasance Payments; and

  • Extra Premium means an additional amount charged by Us, as per Our Underwriting Policy, which is determined on the basis of disclosures made by You in the Proposal Form or any other information received by Us including medical examination report of the Life Insured.

  • Net Premium means the premium, net of reinsurance premiums paid, HRA and GME payments, and MCO tax expenses.

  • Total Premiums Paid means total of all the premiums received, excluding any extra premium, any rider premium and taxes.

  • Prepayment Premium means, with respect to the Mortgage Loan, any prepayment premium, spread maintenance premium, yield maintenance premium or similar fee required to be paid in connection with a prepayment of the Mortgage Loan pursuant to the Mortgage Loan Documents, including any exit fee.

  • Single Premium means the Premium amount specified in the Schedule payable in Lump Sum at the inception of the Policy. No further Premiums are payable under this Policy.

  • Insurance Premium means the amount that each Debtor shall pay on a monthly basis to Agos pursuant to the relevant Consumer Loan Agreement, in relation to the insurance premium paid by Agos to the relevant Insurance Company under any Financed Insurance Policy.

  • Base premium rate means, for each class of business as to a rating period, the lowest premium rate charged or that could have been charged under the rating system for that class of business by the small employer carrier to small employers with similar case characteristics for health benefit plans with the same or similar coverage.

  • Annualised Premium means the premium amount payable in a year chosen by the policyholder, excluding the taxes, rider premiums, underwriting extra premiums and loadings for modal premiums, if any as specified in the Schedule.

  • Monthly Rent means the monthly installment of Minimum Annual Rent plus the monthly installment of estimated Annual Operating Expenses payable by Tenant under this Lease.

  • Percentage Rent As defined in Subsection 3.1(b).

  • Risk Premium means a percentage determined on an Adjustment Day for the Adjustment Period beginning on such Adjustment Day, which indicate the price of the risks taken over by the Issuer. The determination will be made by the Issuer in its reasonable discretion (billiges Ermessen § 315 German Civil Code (BGB)). The respective

  • Make-Whole Premium means, with respect to a Note at any redemption date, the greater of:

  • Net Earned Premium as used herein is defined as gross earned premium of the Company for the classes of business reinsured hereunder, less the earned portion of premiums ceded by the Company for reinsurance which inures to the benefit of this Contract and less dividends paid or accrued.

  • SO2 Allowance means “allowance” as defined at 42 U.S.C. § 7651a(3): “an authorization, allocated to an affected unit by the Administrator of EPA under Subchapter IV of the Act, to emit, during or after a specified calendar year, one ton of sulfur dioxide.”

  • Monthly Base Rent The monthly rent specified in Section 1.01(8).

  • Deposit Premium means a provisional premium which is agreed upon in the event of it being impossible at the due date of the premium to determine the exact premium, and which represents a reasonable estimate of the premium;

  • Prepayment Premium Period means the period during which, if a prepayment of principal occurs, a prepayment premium will be payable by Borrower to Lender. The Prepayment Premium Period is the period from and including the date of this Note until but not including the first day of the Window Period.

  • Minimum Disbursement Amount means Twenty-Five Thousand and No/100 Dollars ($25,000).

  • Special Reimbursement Date means, the special payment date established in connection with a Reimbursement under Special Circumstances as described hereunder “Extraordinary Events and Special Circumstances – Reimbursement Under Special Circumstances and Payment”.

  • Applicable Prepayment Premium has the meaning specified therefor in the Fee Letter.