Payment of Policy Premium Sample Clauses

Payment of Policy Premium. Unless otherwise designated in writing by the President or a Managing Director of the Certificate Insurer to the Securities Administrator, the Policy Premium to be paid pursuant to Section 5.05 shall be paid by the Securities Administrator to the Certificate Insurer by wire transfer with the following details specifically stated in the wire transfer: Bank: Citibank, N.A. ABA Number: 000000000 For the account of: Ambac Assurance Corporation Account Number: 00000000 Policy No: AB1099BE * * *
Sample 1
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Payment of Policy Premium. Acton, Carlisle and Westford agree that on or before the Policy’s inception date, Acton shall pay $37,214 (the total policy premium minus the BRAC Subsidy) to the Town’s agent The Xxxxx Xxxxxxx Insurance Agency; and Carlisle and Westford shall each pay to Acton their respective share of the total policy premium minus the BRAC Subsidy, by delivering their respective checks in that amount to Town Manager, Town of Acton, Town Hall, 000 Xxxx Xxxxxx, Xxxxx, XX 00000.
Sample 1

Related to Payment of Policy Premium

  • Payment of Premiums Each Borrower shall punctually pay all premiums or other sums payable in respect of the obligatory insurances effected by it and produce all relevant receipts when so required by the Security Trustee.

  • Payment of Premium Unless otherwise agreed in writing by the Parties, the Buyer shall be obligated to pay the Premium related to an Option no later than its Premium Payment Date.

  • Payment of Principal, Premium and Interest The Company covenants and agrees for the benefit of each series of Securities that it will duly and punctually pay the principal of and any premium and interest on the Securities of that series in accordance with the terms of the Securities and this Indenture.

  • Expense Reimbursement The Executive shall be entitled to receive reimbursement for all appropriate business expenses incurred by him in connection with his duties under this Agreement in accordance with the policies of the Company as in effect from time to time.

  • Expense Reimbursements To the extent that any reimbursements payable pursuant to this Agreement are subject to the provisions of Section 409A of the Code, any such reimbursements payable to Executive pursuant to this Agreement shall be paid to Executive no later than December 31 of the year following the year in which the expense was incurred, the amount of expenses reimbursed in one year shall not affect the amount eligible for reimbursement in any subsequent year, and Executive’s right to reimbursement under this Agreement will not be subject to liquidation or exchange for another benefit.

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