Premium Administration Sample Clauses

Premium Administration. I. Make monthly payroll deductions based on the premium and insured salary provisions and timelines provided and outlined by the OSSTF Provincial LTD program;
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Premium Administration. Consistent with C.4.6 of its proposal, the Contractor shall operate a system to xxxx, collect and account for enrollee premiums, including:
Premium Administration. 5 VI. Increasing Amounts at Risk ................................... 7 VII.
Premium Administration. The Premium due frequency for VUL Plans is hereby changed from monthly in arrears to annually in advance. Article IV,
Premium Administration. (effective January 1, 2002) is hereby revised and replaced by the attached Article IV, Premium Administration (effective January 1, 2003).
Premium Administration. A. Each month, GENERAL AMERICAN will send the CEDING COMPANY a statement showing the premiums due for all new cessions processed during the month and for renewing cessions with anniversaries in that month. Any premium adjustments due to terminations, reinstatements, reissues or other changes dated earlier than sixty (60) days before the billing period will also be listed. The CEDING COMPANY will remit within thirty (30) days of the billing date the net amount shown as due GENERAL AMERICAN. All premiums not paid within thirty (30) days of the due date shown on the statement will be in default.
Premium Administration. I. Make monthly payroll deductions based on the premium and insured salary provisions and timelines provided and outlined by the OSSTF Provincial LTD program; Central Terms Table of Contents, or Local Terms Table of Contents II. submit all payroll deduction (premiums) along with the required supporting information defined by OSSTF and the Teacher Bargaining Unit (ie. premium rate used in calculation, total insured salary, number of insured lives, policy and division number, premium period);
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Premium Administration. Consistent with C.4.6 of its proposal, the Contractor shall operate a system to xxxx, collect and account for enrollee premiums, including: The Contractor shall calculate the appropriate premium amount, xxxx, and collect premiums from health risk pool program enrollees or enrollee’s designee. The Contractor shall use premiums collected and any interest earned on premiums held by the high risk pool program solely to offset the approved administrative expenses and high risk pool program enrollee claims for health services as included in this Contract.

Related to Premium Administration

  • Policy Administration The Company shall provide all required, necessary and appropriate claims, administrative and other services with respect to the Policies. The Company shall use reasonable care in its administration and claims practices with respect to the Policies and in administering and performing its duties under this Agreement and such practices, administration and performance shall (a) conform with Applicable Law; (b) not be fraudulent; and (c) be no less favorable than those used by the Company with respect to other policies of the Company not reinsured by the Reinsurer.

  • Loan Administration Borrowings under the Loan shall be as follows:

  • Reinsurance Administration THE COMPANY shall perform all duties with respect to the administration of the reinsurance under this Agreement on the portion of the policies reinsured under this Agreement.

  • Claims Administration An employee will be required to comply with any and all rules and regulations and/or limitations established by the carrier or applicable third party administrator and contained in the policy, and employees and their dependents shall look solely to such carrier or third party administration for the adjudication of the payment of any and all benefits claims.

  • Administration and Collection SECTION 6.01.

  • REGULATORY ADMINISTRATION SERVICES BNY Mellon shall provide the following regulatory administration services for each Fund and Series:  Assist the Fund in responding to SEC examination requests by providing requested documents in the possession of BNY Mellon that are on the SEC examination request list and by making employees responsible for providing services available to regulatory authorities having jurisdiction over the performance of such services as may be required or reasonably requested by such regulatory authorities;  Assist with and/or coordinate such other filings, notices and regulatory matters and other due diligence requests or requests for proposal on such terms and conditions as BNY Mellon and the applicable Fund on behalf of itself and its Series may mutually agree upon in writing from time to time; and

  • Committee Administration This option has been granted pursuant to a determination made by the Committee, and such Committee or any successor or substitute committee authorized by the Board of Directors or the Board of Directors itself, subject to the express terms of this option, shall have plenary authority to interpret any provision of this option and to make any determinations necessary or advisable for the administration of this option and the exercise of the rights herein granted, and may waive or amend any provisions hereof in any manner not adversely affecting the rights granted to Optionee by the express terms hereof.

  • Collateral Administration The Collateral Agent shall maintain a database of certain characteristics of the Collateral on an ongoing basis, and provide to the Borrower, the Servicer, the Administrative Agent and the Lenders certain reports, schedules and calculations, all as more particularly described in this Section 11.3, based upon information and data received from the Servicer pursuant to Section 7.7 or from the Lenders and/or the Administrative Agent.

  • Contract Administration The Delegate shall cause that the foreign custody arrangements with an Eligible Foreign Custodian shall be governed by a written contract that the Delegate has determined will provide reasonable care for Fund assets based on the standards applicable to custodians in the relevant market. Each such contract shall, except as set forth in the last paragraph of this subsection (b), include provisions that provide:

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