Premium Loans definition

Premium Loans. The Loans having Pass-Through Rates in excess of 5.50% per annum.
Sample 1Sample 2Sample 3
Premium Loans means those loans taken by the Insurance Trust through the Kai- Zen Trust, and subject to the terms of the Kai-Zen Trust, to fund premium payments on Insurance Policies.
Sample 1Sample 2Sample 3
Premium Loans. The Loans having Pass-Through Rates in excess of 4.75% per annum.
Sample 1Sample 2

Examples of Premium Loans in a sentence

  • Settlor acknowledges that pursuant to the terms of the Kai-Zen Trust, the Trustee of the Kai-Zen Trust may obtain a Premium Loan(s) from a third-party lender for the purpose of paying premiums on insurance policy(ies) held by this Trust and such loan may be secured by a Collateral Assignment on such policy.

  • Body scanning has often been mentioned as a solution to the problem of perfect fit.

  • If the Surrender Value is insufficient to cover one (1) day premium and there is a failure to return all of the Automatic Premium Loans together with accrued interest within thirty (30) days after we send a written notice of requesting return, this Policy shall lapse.

  • This includes enabling policyholders to restructure premium payments from annual to monthly mode; extension of grace period for payment of premiums; reducing/waiving the interest charges for policy loans and Automatic Premium Loans; and the deferment of insurance premiums for three months for affected customers.

  • Through the engagement of UNECE to provide support for legislative and capacity needs, the task will be to chart new directions in the health sector to strengthen its response to women’s and men’s needs and existing gender inequalities.

  • In order to strengthen its financial structure, Cargotec raised a total of EUR 100 million as five-year Pension Premium Loans (TyEL) in March and June 2009.

  • Indebtedness means the sum of all outstanding Policy Loans or Automatic Premium Loans advanced in accordance with this Policy plus the accrued interest on such loans, plus any outstanding premiums.

  • Policy and Automatic Premium Loans, if any, total $   , which includes Accrued Interest of $   to   .

  • Indebtedness means the sum of all outstanding Policy Loans or Automatic Premium Loans advanced in accordance with the Policy, any accrued interest on such loans, and any outstanding premiums or payments under this Policy.

  • Policy loans, other than Automatic Premium Loans, are not available on this policy.


More Definitions of Premium Loans

Premium Loans. All Loans having Pass-Through Rates in excess of 6.50%.
Sample 1Sample 2
Premium Loans. The Mortgage Loans identified as Premium Loans on the Mortgage Loan Schedule.
Sample 1Sample 2Sample 3
Premium Loans. The Mortgage Loans identified as Loan Numbers 1, 2, 4, 6, 8, 10, 14, 15, 16, 20, 21, 22, 25, 28, 30, 34, 36, 39, 40, 41, 44, 49, 51, 53, 55, 57, 58, 59, 64, 66, 67, 73, 78, 79, 83, 86, 92, 101, 105, 122, 143, 163, 179 and 188 on the Mortgage Loan Schedule.
Sample 1
Premium Loans has the meaning ascribed to such term in Section 10.21.
Sample 1
Premium Loans. The Loans having Net Mortgage Rates as of the Cut-Off Date in excess of 6.000% per annum.
Sample 1

Related to Premium Loans

  • Second Lien Loans means “Loans” under and as defined in the Second Lien Credit Agreement.

  • Refinanced Loans has the meaning specified in Section 10.01.

  • Group I Loans The Mortgage Loans designated on the Mortgage Loan Schedule as Group I Loans.

  • New Loans means Loans made by the Failed Bank after the Bid Valuation Date that are not continuations, amendments, modifications, renewals, extensions, refinancings, restructurings, or refundings of or for any then existing Loan.

  • Group II Loans The Mortgage Loans designated on the Mortgage Loan Schedule as Group II Loans.

  • First Lien Loans means the loans made under the First Lien Credit Agreement.

  • Term Loans as defined in Section 2.1.

  • Bridge Loans means the Loans (as defined in the Bridge Credit Agreement).

  • Incremental Loans has the meaning assigned to such term in Section 2.22(a).

  • Term Loan Repayment Date shall have the meaning assigned to such term in Section 2.09.

  • Replacement Loans has the meaning specified in Section 10.01.

  • Term Loan Advances are each defined in Section 2.1.1(a).

  • Tranche B Loans means loans made pursuant to Section 2.1(a)(ii).

  • Refinanced Term Loans shall have the meaning provided in Section 13.1.

  • Refinancing Loans means the Refinancing Revolving Loans and the Refinancing Term Loans.

  • Senior Loans means the loans and other extensions of credit made by the Senior Lenders to Borrower pursuant to the Senior Credit Agreement.

  • Refinancing Revolving Loans has the meaning assigned to such term in Section 2.26(a).

  • Extended Loans has the meaning specified in Section 2.17(a).

  • Home Equity Loans means loans or funded portions of lines of credit secured by mortgages on one-to four-family residences or stock of cooperative housing associations, where the Failed Bank did not have a first lien on the same property as collateral.

  • Subordinate Prepayment Percentage As to any Distribution Date and Loan Group, 100% minus the Senior Prepayment Percentage for such Loan Group for such Distribution Date.

  • Replacement Revolving Loans shall have the meaning assigned to such term in Section 2.21(l).

  • Original Loans means the loans and other extensions of credit outstanding under the Original Credit Agreement as of the Effective Date.

  • Existing Revolving Loans has the meaning specified in Section 2.7(a).

  • Loan Repayments means the sum of (i) Trust Bond Loan Repayments, (ii) the Administrative Fee and (iii) any late charges incurred under the provisions of a Loan Agreement.