Past Due Premiums and Fees Sample Clauses

Past Due Premiums and Fees. If a Premium payment or any fees are not paid in full by Contract Holder on or before the Premium Due Date, a late payment charge of 1½% of the total amount due per month (or partial month) will be added to the amount due. If all Premiums and fees are not received before the end of a 30 day grace period (the “Grace Period”), this Group Agreement will be automatically terminated pursuant to Section 6.3 hereof. If the Group Agreement terminates for any reason, Contract Holder will continue to be held liable for all Premiums and fees due and unpaid before the termination, including, but not limited to, Premium payments for any period of time the Group Agreement is in force during the Grace Period. Members shall also remain liable for Member cost sharing and other required contributions to coverage for any period of time the Group Agreement is in force during the Grace Period. We may recover from Contract Holder Our costs of collecting any unpaid Premiums or fees, including reasonable attorneys’ fees and costs of suit.
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Past Due Premiums and Fees. If a Premium payment or any fees are not paid in full by Contract Holder on or before the Premium Due Date, HMO will require Contract Holder to pay interest on the overdue amount at 1½% for each month overdue not to exceed 18% per year, commencing on the 31st day after the Premium Due Date. If all Premiums and fees are not received before the end of a 30 day grace period (the “Grace Period”), this Group Agreement will be automatically terminated pursuant to Section 6.3 hereof. If the Group Agreement terminates for any reason, Contract Holder will continue to be held liable for all Premiums and fees due and unpaid before the termination, including, but not limited to, Premium payments for any period of time the Group Agreement is in force during the Grace Period. Members shall also remain liable for Member cost sharing and other required contributions to coverage for any period of time the Group Agreement is in force during the Grace Period. We may recover from Contract Holder Our costs of collecting any unpaid Premiums or fees, including reasonable attorneys’ fees and costs of suit.
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Past Due Premiums and Fees. If a Premium payment or any fees are not paid in full by Contract Holder on or before the Premium Due Date, a late payment charge of 1½% of the total amount due per month (or partial month) will be added to the amount due. If all Premiums and fees are not received before the end of a 30 day grace period (the “Grace Period”), this Group Agreement will be automatically terminated pursuant to Section 6.3 hereof. If the Group Agreement terminates for any reason, Contract Holder will continue to be held liable for all Premiums and fees due and unpaid before the termination, including, but not limited to, Premium payments for any period of time the Group Agreement is in force during the Grace Period.
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Past Due Premiums and Fees. If a Premium payment or any fees are not paid in full by Contract Holder on or before the Premium Due Date, a late payment charge of 1½% of the total amount due per month (or partial month) will be added to the amount due. If all Premiums and fees are not received before the end of a 30 day grace period (the “Grace Period”), this Group Agreement will be automatically terminated pursuant to Section 6.3 hereof. If the Group Agreement terminates for any reason, Contract Holder will continue to be held liable for all Premiums and fees due and unpaid before the termination, including, but not limited to, Premium payments for any period of time the Group Agreement is in force during the Grace Period. Members shall also remain liable for Member cost sharing and other required contributions to coverage for any period of time the Group Agreement is in force during the Grace Period. We may recover from Contract Holder Our costs of collecting any unpaid Premiums or fees, including reasonable attorneys’ fees and costs of suit. The Contract Holder shall pay Premium for every Member covered under the Group Agreement through the date that the Contract Holder notifies Us of the date the Contract Holder intends to terminate this Group Agreement. The Contract Holder is required to pay Premiums up to the date that the Contract Holder notifies Us of their intent to not maintain coverage under the Group Agreement.
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Past Due Premiums and Fees. If all Premiums and Fees are not received within 30-120 days following the Premium um Due Date (the "Grace Period"), Contract Holder's failure to make such payment will constitute a breach of this Group Agreement and this Group Agreement may be terminated by Us pursuant to the Termination by Us section hereof. If the Group Agreement terminates for any reason, Aetna will continue to charge all Premiums and Fees due and unpaid before the termination, including, but not limited to, Premium payments for any period of time the Group Agreement is in force during the Grace Period. Aetna shall also continue to collect Member's required contributions to coverage for any period of time the Group Agreement is in force during the Grace Period.
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Past Due Premiums and Fees. If a Premium payment or any fees are not paid in full by Contract Holder on or before the Premium Due Date, a late payment charge of 1 ½% of the total amount due per month (or partial month) will be added to the amount due. If all Premiums and fees are not received before the end of a 31 day grace period (the “Grace Period”), this Group Agreement will be automatically terminated pursuant to Section 6.3 hereof. If the Group Agreement terminates for any reason, Contract Holder will continue to be held liable for all Premiums and fees due and unpaid before the termination, including, but not limited to, Premium payments for any period of time the Group Agreement is in force during the Grace Period. Members shall also remain liable for Member cost sharing and other required contributions to coverage for any period of time the Group Agreement is in force during the Grace Period. In the event of non-payment of any amount due, We shall be entitled to all remedies provided for in law or in equity.
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Past Due Premiums and Fees. If all Member Premiums are not received from a Member within ninety (90) days following the Premium Due Date (the “Member Grace Period”), the Member’s failure to make such payments may result in termination of the Member’s coverage under this Group Agreement (in accordance with the termination provisions in the EOC), and may result in termination of the Group Agreement pursuant to the Termination by Us section hereof. If the Group Agreement terminates for any reason, Member will continue to be held liable for all Member Premiums due and unpaid before the termination, including, but not limited to, Member Premium payments for any period of time the Group Agreement is in force during the Member Grace Period. Members shall also remain liable for Member cost sharing and other required contributions to coverage for any period of time the Group Agreement is in force during the Member Grace Period. We may recover from Contract Holder, Our costs of collecting any unpaid Member Premiums or fees, including reasonable attorney’s fees and cost of suit.
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Past Due Premiums and Fees. If a Premium payment or any fees are not paid in full by Contract Holder on or before the Premium Due Date coverage will terminate as of the last day for which Premium was paid. However, if payment is received within the 30 day grace period (the “Grace Period”), following the date premium was due, coverage may be reinstated for the period for which Premium is paid pursuant to section 6.4. HMO has the option to provide Covered Benefits to Members during the Grace Period. If HMO elects to provide benefits during the Grace Period, Contract Holder shall be liable for payment of Premiums for the Grace Period. A late payment charge of 1 ½% of the total amount due per month (or partial month) will be added to the amount due. In the event HMO has extended Covered Benefits and Contract Holder has not paid all Premiums and fees, this Group Agreement will automatically terminate at the end of the 30 day Grace Period and Contract Holder will be liable for all monies due. We may recover from Contract Holder Our costs of collecting any unpaid Premiums or fees, including costs of suit.
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Related to Past Due Premiums and Fees

  • Past Due Payments Provide the grace period (number of days) before a late charge is due if the tenant is late with rent payments. Specify whether the late charge will be a percentage of the monthly rent or a dollar amount per day. 15.

  • Finance Charges A finance charge is the cost you pay for credit. We will charge Interest Charges and Fees to your account as described to you in your statements and other Truth in Lending Disclosures. The following describes how the finance charge will be calculated on the Account. You have a 25-day grace (no finance charge) period on your purchase balance and for new purchases if you paid the entire New Balance on your last statement by the end of the grace period. You also have a 25-day grace period for new purchases if you did not have a balance on your last statement. The grace period starts on the billing cycle closing date. If you do not pay the entire New Balance by the end of the grace period, a finance charge will be imposed on the unpaid balance from the first day of the next billing cycle and on new purchases from the date they are posted to your Account. There is no grace period for cash advances. A finance charge will be imposed on cash advances from the date the cash advance is posted to your Account. Balance transfers as permitted by Credit Union from time to time in Credit Union’s sole discretion will be treated as cash advances for the purpose of all finance charges and finance charge calculations. Finance charges on your Account are calculated by applying the applicable Monthly Periodic Rate to the average daily balances for purchases and cash advances. Separate average daily balances are calculated for purchases and cash advances. To get each average daily balance, the daily balances for purchases and cash advances for the billing cycle are added and the totals are divided by the number of days in the cycle. To get the daily balance for cash advances, new cash advances are added to the day’s beginning balance and payments and credits are subtracted. To get the daily balance for purchases, new purchases are added to the day’s beginning balance and payments and credits are subtracted; however, new purchases are not added if you paid the entire New Balance on your last statement by the end of the grace period or if you did not have a balance on your last statement. Fees and unpaid finance charges are not included in the calculation of the average daily balance. Finance charges will continue to accrue on your Account until what you owe under this Agreement is paid in full. Credit Union may offer balance transfer, introductory rate, or other special rate promotions for your Account from time to time in Credit Union’s sole discretion. The applicable Monthly Periodic Rate and ANNUAL PERCENTAGE RATE for any promotion and any promotion terms and conditions will be disclosed to before or at the time you make use of such promotion.

  • Interest Fees and Charges 1Interest

  • Collection Costs In the event collection efforts are required to obtain payment on this Account, to the extent permitted by law, You agree to pay all court costs, private process server fees, investigation fees or other costs incurred in collection and reasonable attorneys' fees incurred in the course of collecting any amounts owed under this Agreement or in the recovery of any Collateral.

  • Payment and Fees 3.1 In consideration for the Token, Royalty Rights and Creator Related Rights, First Acquirer hereby agrees to pay to the Seller the price set out under the Special Terms (“Fee”). Without limiting any of the foregoing, the valid execution of this Agreement, grant of rights stated herein, and the delivery of the Token, is conditioned upon (i) First Acquirer’s payment and Seller’s receipt of the entire Fee in the Escrow Account, and (ii) providing a compatible network wallet address in the manner as set out on the Website, as to where the Token will be delivered. The Seller shall retain the amount specified in the Special Terms as agency Fees.

  • Dues and Fees Grantee certifies that it is not prohibited from receiving an Award because it pays dues or fees on behalf of its employees or agents, or subsidizes or otherwise reimburses them for payment of their dues or fees to any club which unlawfully discriminates (775 ILCS 25/1 et seq.).

  • Past Due Amounts If Tenant fails to pay when due any amount required to be paid by Tenant under this Agreement, such unpaid amount shall bear interest at the rate of twelve percent (12%) per annum from the due date of such amount to the date of payment in full, with interest. In addition, City may also charge a sum of five percent (5%) of such unpaid amount as a service fee, which the parties agree is a reasonable estimate of and liquidated damages for City’s additional costs for billing and collection arising from Tenant's failure to make payment in a timely manner. All amounts due under this Agreement are and shall be deemed to be rent or additional rent, and shall be paid without abatement, deduction, offset, prior notice, or demand (unless expressly provided by the terms of this Agreement). City’s acceptance of any past due amount (or its associated interest or service fee) shall not constitute a waiver of any default under this Agreement.

  • Reimbursement Premium (a) If the Company writes Covered Policies before June 1 of the Contract Year, the Company shall pay the FHCF its Reimbursement Premium in installments due on or before August 1, October 1, and December 1 of the Contract Year in amounts to be determined by the FHCF. However, if the Company’s Reimbursement Premium for the prior Contract Year was less than $5,000, the Company’s full provisional Reimbursement Premium, in an amount equal to the Reimbursement Premium paid in the prior year, shall be due in full on or before August 1 of the Contract Year. the Company will be invoiced for amounts due, if any, beyond the provisional Reimbursement Premium payment, on or before December 1 of the Contract Year. (b) If the Company is under administrative supervision, or if any control or oversight of the Company has been transferred through any legal or regulatory action to a state regulator or court appointed receiver or rehabilitator (referred to in the aggregate as “state action”): 1. The full annual provisional Reimbursement Premium as billed and any outstanding balances will be due and payable on August 1, or the date that such State action occurs after August 1 of the Contract Year. 2. Failure by such Company to pay the full annual provisional Reimbursement Premium as specified in subparagraph 1. by the applicable due date shall result in the 45% Coverage Level being deemed for the complete Contract Year regardless of the level selected for the Company through the execution of this Contract and regardless of whether a Covered Event occurred or triggered coverage. 3. Subparagraphs 1. and 2. do not apply if the state regulator, receiver, or rehabilitator provides a letter of assurance to the FHCF stating that the Company will have the resources and will pay the full Reimbursement Premium for the Coverage Level selected through the execution of this Contract. 4. When control or oversight has been transferred, in whole or in part, through a legal or regulatory action, the controlling management of the Company shall specify by August 1 or as soon thereafter as possible (but not to exceed two weeks after any regulatory or legal action) in a letter to the FHCF as to the Company’s intentions to either pay the full FHCF Reimbursement Premium as specified in subparagraph 1., to default to the 45% Coverage Level being deemed as specified in subparagraph 2., or to provide the assurances as specified in subparagraph 3. (c) A New Participant that first begins writing Covered Policies on or after June 1 but prior to December 1 of the Contract Year shall pay the FHCF a provisional Reimbursement Premium of $1,000 no later than 30 days from the date the New Participant began writing Covered Policies. The Administrator shall calculate the Company's actual Reimbursement Premium for the period based on its actual exposure as of November 30 of the Contract Year, as reported on or before February 1 of the Contract Year. To recognize that New Participants have limited exposure during this period, the actual Reimbursement Premium as determined by processing the Company's exposure data shall then be divided in half, the provisional Reimbursement Premium shall be credited, and the resulting amount shall be the total Reimbursement Premium due for the Company for the remainder of the Contract Year. However, if that amount is less than $1,000, then the Company shall pay $1,000. The Reimbursement Premium payment is due no later than April 1 of the Contract Year. The Company’s Retention and coverage will be determined based on the total Reimbursement Premium due as calculated above. (d) A New Participant that first begins writing Covered Policies on or after December 1 through and including May 31 of the Contract Year shall pay the FHCF a Reimbursement Premium of $1,000 no later than 30 days from the date the New Participant began writing Covered Policies. (e) The requirement that the Reimbursement Premium is due on a certain date means that the Reimbursement Premium shall be remitted by wire transfer or ACH and shall have been credited to the FHCF’s account, as set out on the invoice sent to the Company, on the due date applicable to the particular installment. (f) Except as required by Section 215.555(7)(c), Florida Statutes, or as described in the following sentence, Reimbursement Premiums, together with earnings thereon, received in a given Contract Year will be used only to pay for Losses attributable to Covered Events occurring in that Contract Year or for Losses attributable to Covered Events in subsequent Contract Years and will not be used to pay for past Losses or for debt service on post-event revenue bonds issued pursuant to Section 215.555(6)(a)1., Florida Statutes. Reimbursement Premiums and earnings thereon may be used for payments relating to such revenue bonds in the event emergency assessments are insufficient. If Reimbursement Premiums or earnings thereon are used for debt service on post- event revenue bonds, then the amount of the Reimbursement Premiums or earnings thereon so used shall be returned, without interest, to the Fund when emergency assessments or other legally available funds remain available after making payment relating to the post-event revenue bonds and any other purposes for which emergency assessments were levied.

  • Overdue Charges If any invoiced amount is not received by Us by the due date, then without limiting Our rights or remedies, (a) those charges may accrue late interest at the rate of 1.5% of the outstanding balance per month, or the maximum rate permitted by law, whichever is lower, and/or (b) We may condition future subscription renewals and Order Forms on payment terms shorter than those specified in Section 6.2 (Invoicing and Payment).

  • CP Costs Payments On each Settlement Date, Seller shall pay to Agent (for the benefit of the Conduits) an aggregate amount equal to all accrued and unpaid CP Costs in respect of the outstanding Capital of each of the Conduits for the related Settlement Period in accordance with Article II.

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