AMOUNT OF PREMIUM Sample Clauses

AMOUNT OF PREMIUM. The amount of premium will be the aggregate of premiums in respect of all Members ascertained in accordance with the Premium Rate(s) shown in Table B.
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AMOUNT OF PREMIUM. 16A7. Due date of premium. 16A8. Payee codes 16B. A list of those mortgagors receiving benefits under a policy claim; this list should contain the name, loan number, insurance benefit amount and insurance company. A copy of the claim file should also be sent.
AMOUNT OF PREMIUM. In connection with the stop-loss coverage provided hereunder, Plan Sponsor shall pay Company a monthly premium in an amount equal to the monthly premium rate in Section 5. B. of the Schedule of Coverage (i.e. $87.95), multiplied by the number of participants enrolled in the Plan on the first day of each month for which payment is being made.
AMOUNT OF PREMIUM. The premium rate is shown in the Application. The amount of premium shall be figured
AMOUNT OF PREMIUM. The amount of premium for each Member in each policy year shall be calculated on the basis of the rate(s) set out by the Company. The Company reserves the right to modify these rates by giving at least one (1) months’ notice in writing to the Assured, such modification taking effect from the next renewal date of this Policy. The premium payable by the Assured in each Policy year shall be the aggregate of the premiums for all the Members included in the Policy at commencement or any renewal date of the policy.
AMOUNT OF PREMIUM. In further consideration of Seller entering into this Agreement, Buyer will pay to Seller, on the Closing Date, as described in Sections 3.2 and 3.3 of this Agreement, an amount equal to 8% of the Deposits ("Amount of Premium").
AMOUNT OF PREMIUM. In addition, in consideration of Buyer's purchase of the Check Credit Loans and Overdrafts and its assumption of the Deposit Accounts associated therewith, Seller shall pay or credit to Buyer, in connection with the Adjustment Payment under the Final Closing Statement, an amount equal to (i) any Check Credit Loans and Overdrafts outstanding as of the Closing Date which remain unpaid as of the Final Settlement Date plus (ii) all premium amounts paid by Buyer for the Deposits associated with any such Check Credit Loans and Overdrafts.
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AMOUNT OF PREMIUM. In further consideration of Seller entering into this Agreement, Buyer will pay to Seller, as described in Sections 3.2 and 3.3 of this Agreement, an amount equal to nine and fifty three one hundredths percent (9.53%) of the Average Deposits (the "Amount of Premium"). The Average Deposits shall be calculated by averaging the monthly Deposit Average for the three calendar months immediately preceding the month during which the closing takes place. The monthly Deposit Average is the average Deposit balance for the Branches as determined by Seller for the month for which the calculation is being made.
AMOUNT OF PREMIUM. (a) No shift premium shall be paid for the first shift. An hourly premium of 4-1/2 percent of the weighted average straight-time rate of all employees represented by Union (rounded to the nearest full cent per hour) shall be paid for work performed in the second shift, and an hourly premium of 9 percent of the weighted average straight-time rate of all employees represented by Union (rounded to nearest full cent per hour) shall be paid for work performed in the third shift. The shift premium, if any, which is payable for an employee's regularly scheduled hours of work shall be paid for any time worked by such employee immediately preceding or following such employee's regular hours of work and as an extension thereof. If an employee is scheduled to work during a shift other than such employee's regularly scheduled shift and such work does not immediately precede or follow such employee's regularly scheduled shift, the employee shall be paid the shift premium, if any, which is applicable to the shift in progress as of the time the employee starts such work. (Amended 1/1/80)

Related to AMOUNT OF PREMIUM

  • Payment of Premiums Each Borrower shall punctually pay all premiums or other sums payable in respect of the obligatory insurances effected by it and produce all relevant receipts when so required by the Security Trustee.

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