Premium Rate Determination Sample Clauses

Premium Rate Determination. The employee’s contribution rate will be the 28 same as the rest of the majority of the Hospital’s employees, provided, 29 however, that the Health and Welfare Plan will not increase more than nine 30 percent (9%) from the previous year’s contribution.
AutoNDA by SimpleDocs
Premium Rate Determination. WPS agrees to provide all necessary technical assistance required by the BOARD for the determination of any change in premium rates needed to finance the BENEFITS.
Premium Rate Determination. In 20174, and subsequent years of the contract 19 the employee's contribution rate will be the same as the rest of the majority of the 20 Medical Center’s employees, provided, however, that the Health and Welfare 21 Plan will not increase more than twelve eleven percent (112%) from the previous 22 year’s contribution In 2018 the Plan will not increase more than ten percent 23 (10%) and 2019 the Plan will not increase more than then percent (10%). .
Premium Rate Determination. 20 The plan will not increase by more than eight percent (8%) ten percent (10%) 21 from the contribution of the previous year.
Premium Rate Determination. 8.1 Except in the case of a New Crop, the manner of determining Premium rates shall be in accordance with the Actuarial Certification Guidelines as set out in the Operational Document. A description of each Premium rate methodology and how it is applied in determining Premiums shall be set out in the Operational Document. 8.2 Beginning the initial date set out in the Operational Document and every five years thereafter and each time changes are made to the methodology used to determine Premium rates, the Province shall provide the Federal Minister with a written opinion signed by an Actuary stating that: 8.2.1 premium rate methodologies have been established according to generally-accepted actuarial principles; and 8.2.2 the Insurance Program is financially self-sustaining, as defined in the Actuarial Certification Guidelines.
Premium Rate Determination. In 2014, and subsequent years of the contract the 10 employee's contribution rate will be the same as the rest of the majority of the 11 Medical Center’s employees, provided, however, that the Health and Welfare 12 Plan will not increase more than twelve percent (12%) from the previous year’s 13 contribution. (Except in year 2014 when premium begins for single subscribers.
Premium Rate Determination. In 2015, and subsequent years of the contract the
AutoNDA by SimpleDocs
Premium Rate Determination. In 2015, and subsequent years of the contract the The employee’s contribution rate will be the same as the rest of the majority of the Hospital employee’s, provided, however, that the Health Welfare Plan will not increase more than ten welve percent (102%) from the previous year’s contribution. (Except in year 2015 when premium begins for single subscribers. In 2015, for those nurses hired prior to ratification, 5% for 0.8-1.0 FTE and 10% for 0.5-0.79 FTE of total premium cost will be passed on to the nurse.) For nurses hired after ratification, 5% for 0.8-1.0 FTE of total premium cost will be passed on to the nurse. The Hospital will provide life insurance coverage for each nurse (half time or more), with the Hospital paying the full cost of the basic coverage. The Hospital will offer a plan or plans under which employees may, as permitted by law, direct the use of their pre-tax compensation for the payment of (1) the Page 45 of 73 Date Accepted / / Accepted by ONA Accepted by Employer maritan Albany General Hospital Collective Bargaining Agreement 2014 – 2017 45 Date of Proposal: / / ONA  Samaritan Albany General Hospital 1 employee's share of the subscription cost of the applicable coverage under C or 2 D above, (2) the employee's eligible health, dental, and vision expenses not 3 covered by such programs or any other insurance, and (3) the employee's 4 eligible dependent care expenses.
Premium Rate Determination. In 2015, and subsequent years of the contract the employee’s contribution rate will be the same as the rest of the majority of the Hospital employee’s, provided, however, that the Health and Welfare Plan will not increase more than twelve percent (12%) form the previous year’s contribution. (Except in year 2015 when premium begins for single subscribers. In 2015, for those nurses hired prior to ratification, 5% for 0.8-1.0 FTE and 10% for 0.5-0.79 FTE of total premium cost will be passed on to the nurse.) For nurses hired after ratification, 5% for 0.8-1.0 FTE of total premium cost will be passed on to the nurse.

Related to Premium Rate Determination

  • Interest Rate Determination (a) To the extent required hereunder, each Reference Bank agrees to furnish to the Administrative Agent timely information for the purpose of determining each Eurodollar Rate. If fewer than two Reference Banks furnish such timely information to the Administrative Agent for the purpose of determining any such rate, the Administrative Agent shall determine such interest rate on the basis of timely information furnished by the remaining Reference Bank. (b) The Administrative Agent shall give prompt notice to the applicable Borrower and the Lenders of the applicable interest rate determined by the Administrative Agent for purposes of Section 2.09(a) or (b), and, if applicable, the applicable rate, if any, furnished by each Reference Bank for the purpose of determining the applicable interest rate under Section 2.09(b). (c) If, with respect to any Eurodollar Rate Advances, (i) the Required Lenders notify the Administrative Agent that the Eurodollar Rate for any Interest Period for such Advances will not adequately reflect the cost to such Required Lenders of making, funding or maintaining their respective Eurodollar Rate Advances for such Interest Period, or (ii) the Reference Banks notify the Administrative Agent that adequate and fair means do not exist for ascertaining the applicable interest rate on the basis provided for in the definition of Eurodollar Rate, the Administrative Agent shall forthwith so notify the Borrowers and the Lenders, whereupon (A) each Eurodollar Rate Advance will automatically, on the last day of the then existing Interest Period therefor, Convert into a Base Rate Advance, and (B) the obligation of the Lenders to make, or to Convert Advances into, Eurodollar Rate Advances shall be suspended until the Administrative Agent shall notify the Borrowers and the Lenders that the circumstances causing such suspension no longer exist. (d) If the applicable Borrower shall fail to select the duration of any Interest Period for any Eurodollar Rate Advances in accordance with the provisions contained in the definition of “Interest Period” in Section 1.01, the Administrative Agent will forthwith so notify such Borrower and the Lenders and such Advances will automatically, on the last day of the then existing Interest Period therefor, Convert into Base Rate Advances. (e) On the date on which the aggregate unpaid principal amount of Eurodollar Rate Advances comprising any Borrowing shall be reduced, by payment or prepayment or otherwise, to less than $10,000,000, such Advances shall automatically Convert into Base Rate Advances. (f) Upon the occurrence and during the continuance of any Event of Default, (i) each Eurodollar Rate Advance will automatically, on the last day of the then existing Interest Period therefor, Convert into a Base Rate Advance and (ii) the obligation of the Lenders to make, or to Convert Advances into, Eurodollar Rate Advances shall be suspended.

  • Inability to Determine Applicable Interest Rate In the event that Administrative Agent shall have determined (which determination shall be final and conclusive and binding upon all parties hereto), on any Interest Rate Determination Date with respect to any Eurodollar Rate Loans, that by reason of circumstances affecting the London interbank market adequate and fair means do not exist for ascertaining the interest rate applicable to such Loans on the basis provided for in the definition of Adjusted Eurodollar Rate, Administrative Agent shall on such date give notice (by telefacsimile or by telephone confirmed in writing) to Borrower and each Lender of such determination, whereupon (i) no Loans may be made as, or converted to, Eurodollar Rate Loans until such time as Administrative Agent notifies Borrower and Lenders that the circumstances giving rise to such notice no longer exist, and (ii) any Funding Notice or Conversion/Continuation Notice given by Borrower with respect to the Loans in respect of which such determination was made shall be deemed to be rescinded by Borrower.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!