Common use of Basic Compensation on Increases Clause in Contracts

Basic Compensation on Increases. In the case of an increase in the Specified Amount of insurance, a fee of 47% of C where: C is equal to the lesser of: (i) the premium paid in the twelve months following the effective date of the increase, or (ii) the target premium for the amount of the increase.

Basic Compensation on Increases. In the case of an increase in the Specified Amount of insurance, a fee of 47% of C where: C is equal to the lesser of: : (i) the premium paid in the twelve months following the effective date of the increase, or or (ii) the target premium for the amount of the increase.

Basic Compensation on Increases. In the case of an increase in the Specified Amount of insurance, a fee of 4750.5% of C where: C is equal to the lesser of: (i) the premium paid in the twelve months following the effective date of the increase, or (ii) the target premium for the amount of the increase.

Basic Compensation on Increases. In the case of an increase in the Specified Amount of insurance, a fee of 4746% of C where: C is equal to the lesser of: : (i) the premium paid in the twelve months following the effective date of the increase, or (ii) the target premium for the amount of the increase.

Basic Compensation on Increases. In the case of an increase in the Specified Amount of insurance, a fee of 47% of C where: C is equal to the lesser of: (i) the premium paid in the twelve months following the effective date of the increase, or (ii) the target premium for the amount of the increase.:

Basic Compensation on Increases. In the case of an increase in the Specified Amount of insurance, a fee of 4750.5% of C where: C is equal to the lesser of: : (i) the premium paid in the twelve months following the effective date of the increase, or or (ii) the target premium for the amount of the increase.

Basic Compensation on Increases. In the case of an increase in the Specified Amount of insurance, a fee of 4746% of C where: C is equal to the lesser of: (i) the premium paid in the twelve months following the effective date of the increase, or (ii) the target premium for the amount of the increase., or

Basic Compensation on Increases. In the case of an increase in the Specified Amount of insurance, a fee of 47% of C where: C is equal to the lesser of: : (i) the premium paid in the twelve months following the effective date of the increase, or (ii) the target premium for the amount of the increaseincrease or (iii) the increase in the scheduled premium.

Basic Compensation on Increases. In the case of an increase in the Specified Amount of insurance, a fee of 4746% of C where: C is equal to the lesser of: : (i) the premium paid in the twelve months following the effective date of the increase, or , (ii) the target premium for the amount of the increase, or (iii) the increase in the scheduled premium.

Basic Compensation on Increases. In the case of an increase in the Specified Amount of insurance, a fee of 4750.5% of C where: C is equal to the lesser of: : (i) the premium paid in the twelve months following the effective date of the increase, or (ii) the target premium for the amount of the increase.