Annual Premium. The named insureds designated in a certifi- cate shall pay to the companies the annual premium for each calendar year or part thereof. Such annual premium shall be determined by the companies and stated in a written no- xxxx mailed to the first named insured shown in Item 1 of a certificate, and shall be due and payable as stated in such notice.
Appears in 5 contracts
Samples: Indemnity Agreement, Indemnification & Liability, Indemnification & Liability