Common use of Monthly Premium Payment Clause in Contracts

Monthly Premium Payment. On or before the first day of each month for which coverage is sought, Subscribing Group or its designated agent will remit to AvMed, on behalf of each Subscriber and his Covered Dependents, the monthly Premium based on the Rate Letter (as defined in Part XVII. GENERAL PROVISIONS), and the Group Master Application. Only Members for whom the stipulated payment is actually received by AvMed will be entitled to the Health Care Services covered under this Contract and then only for the period for which such payment is applicable.

Monthly Premium Payment. On or before the first day of each month for which coverage is sought, Subscribing Group or its designated agent will remit to AvMed, on behalf of each Subscriber and his Covered Dependents, the monthly Premium based on the Rate Letter (as defined in Part XVII. GENERAL PROVISIONS), and the Group Master Application. Only Members for whom the stipulated payment is actually received by AvMed will be entitled to the Health Care Services covered under this Contract and then only for the period for which such payment is applicable.

Monthly Premium Payment. On or before the first day of each month for which coverage is sought, Subscribing Group or its designated agent will shall remit to AvMed, on behalf of each Subscriber and his Covered Dependents, the monthly Premium based on the Rate Letter (as defined in Part XVII. GENERAL PROVISIONS), and the Group Master Application. Only Members for whom the stipulated payment is actually received by AvMed will shall be entitled to the Health Care Services covered under this Contract and then only for the period for which such payment is applicable.