Premium. Once your contract of insurance has been concluded, we will send you an invoice (also referred to as a debit note). You must pay the premium due in accordance with the amounts and payment dates specified in the invoice. Failure to meet the payment date may lead insurers to cancel your policy. No payment shall be deemed to have been received until we have received cleared funds. Where insurers have specified that the premium must be received by a certain date, failure to comply can result in automatic termination of your insurance contract.
Premium. Once your contract of insurance has been concluded, we will send you an invoice (also referred to as a debit note). You must pay the premium due in accordance with payment dates specified in the invoice. Failure to meet the payment date may lead insurers to cancel your policy. No payment shall be deemed to have been received until we have received cleared funds. Where insurers have specified that the premium must be received by a certain date, failure to comply can result in automatic termination of your insurance contract. We shall be entitled (but not obliged) without providing notice to you to set off amounts due to us from you, against any amounts which we may receive on your behalf i.e. claims moneys, refunded premiums and other sums.
Premium. This term means the same as Reimbursement Premium.
Premium. The Subscriber is liable for payment to the Group of their contribution toward the monthly premium, if any.
Premium. The Concessionaire acknowledges and agrees that as set forth in the Bid, it shall pay to the Authority a premium in the form of an upfront fee ("Upfront Premium") as set forth in Clause 25.2.
Premium. A payment made under a Contract by an applicant or purchaser to purchase benefits under the Contract.
Premium. Effective April 1, 2009, an employee on-call shall be paid premium of $3.75 per hour for the first 72 hours on-call in a calendar month. Thereafter, the employee shall receive $4.25 per hour.
Premium. A premium of ten percent (10%) of the hourly rate (straight-time) will be paid for all hours worked on a Sunday. All shift premiums are paid only on straight-time earnings for the shift hours. If overtime is worked beyond the hours of the shift, then the overtime payment replaces any shift premium.
Premium. The premium may be calculated on such basis as the Insurer determines and the Firm accepts including, without limitation, a basis which recognises Claims history, categories of work performed by the Firm, numbers of Principals and Employees, revenue derived from the Firm’s Practice and other risk factors determined by the Insurer.
Premium. An employee on-call shall be paid premium of three dollars and seventy-five cents ($3.75) per hour for the first seventy-two (72) hours on-call in a calendar month. Thereafter, the employee shall receive four dollars and twenty-five cents ($4.25) per hour.
