Coverage\Copayment Adjustment Sample Clauses

Coverage\Copayment Adjustment. In the event, FHKC requires a change in coverage or benefits to be effective immediately, PHP shall have the right within ninety (90) calendar days from the effective date of the such change to propose in writing any adjustment to premium necessitated by such change. Such proposed premium adjustments shall comply with paragraph (d) of Section I above and upon approval of FHKC shall be retroactive to the effective date of Physicians Healthcare February 1, 2000 - Plans\Pinellas September 30, 2001 Page 11 of 44 such change. The retroactive payment of the adjusted premium shall apply only to non-subsidized participants. The proposed premium increase shall not be excessive or inadequate as determined by an independent actuary mutually acceptable to both FHKC and PHP.
Sample 1
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Coverage\Copayment Adjustment. In the event, FHKC requires a change in coverage or benefits to be effective immediately, PHP shall have the right within ninety (90) calendar days from the effective date of the such change to propose in writing any adjustment to premium necessitated by such change. Such proposed premium adjustments shall comply with paragraph (d) of Section I above and upon approval of FHKC shall be retroactive to the effective date of such change. The retroactive payment of the adjusted premium shall apply only to non-subsidized participants. The proposed premium increase shall not be excessive or inadequate as determined by an independent actuary mutually acceptable to both FHKC and PHP. PHP/Pasco and Polk Effective Date: October 1, 2002 Page 12 of 41 Conditions of Services Services shall be provided by PHP under the following conditions:
Sample 1

Related to Coverage\Copayment Adjustment

  • PREMIUM ADJUSTMENT If THE COMPANY overpays a reinsurance premium and THE REINSURER accepts the overpayment, THE REINSURER’s acceptance will not constitute or create a reinsurance liability or increase in any existing reinsurance liability. Instead, THE REINSURER will be liable to THE COMPANY for a credit in the amount of the overpayment. If a reinsured policy terminates, THE REINSURER will refund the excess reinsurance premium. This refund will be on a prorated basis without interest from the date of termination of the policy to the date to which a reinsurance premium has been paid.

  • Payment and Year-End Adjustment Amounts accrued pursuant to this Agreement shall be payable to the Adviser as of the last day of each month. If necessary, on or before the last day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the actual Fund Operating Expenses of a Fund for the prior fiscal year (including any reimbursement payments hereunder with respect to such fiscal year) do not exceed the Maximum Annual Operating Expense Limit.

  • PREMIUM TAX The Reinsurer will not reimburse the Ceding Company for premium taxes.

  • Minimum Interest Coverage The Borrower will not permit the ratio of EBITDA to Consolidated Interest Expense as at any fiscal quarter end for the four fiscal quarters then ending to be less than 3.00 to 1.0.

  • Premium Taxes If premium taxes are incurred, they will be deducted from the contract accumulation, to the extent permitted by law.

  • Payment of Reinsurance Premiums For automatic and facultative reinsurance, following the close of each calendar month, the Ceding Company will send the Reinsurer a statement and a listing of new business, changes and terminations. If a net reinsurance premium balance is payable to the Reinsurer, the Ceding Company will forward this balance within (60) sixty days after the close of each month. If a net reinsurance premium balance is payable to the Ceding Company, the balance due will be subtracted from the reinsurance premium payable by Ceding Company for the current month. The Reinsurer shall pay any remaining balance due the Ceding Company sixty days after the Ceding Company submits the statement.

  • Premium Recapture With respect to any Mortgage Loan without Prepayment Penalties that prepays in full during the first 90 days following the related Closing Date, and with respect to any Mortgage Loan that is repurchased pursuant to Subsection 9.04, the Seller shall pay the Purchaser, within 30 calendar days after giving notice of such prepayment in full or repurchase, an amount equal to the excess of the Purchase Price Percentage for such Mortgage Loan over par, multiplied by the outstanding principal balance of such Mortgage Loan as of the related Cut-off Date.

  • Insurance Costs Any and all insurance charges of or relating to all insurance policies and endorsements deemed by Landlord to be reasonably necessary or desirable and relating in any manner to the protection, preservation, or operation of the Building or any part thereof.

  • Payment of Premium Increases (a) As used herein, the term "

  • Premium Payments a. Each annual premium on the Policy shall be paid when due as follows:

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