Premium Ratio Sample Clauses

Premium Ratio. A monthly payroll deduction of five (5) dollars from each employee taking a single health plan through the District will be placed in an insurance pool consisting only of members of this bargaining unit. These deposits will be used to offset the premium cost of employees in the bargaining unit with family health plans.
AutoNDA by SimpleDocs
Premium Ratio. A monthly payroll deduction of five (5) dollars from each employee taking a single health plan through the District will be placed in an insurance pool consisting only of members of this bargaining unit. These deposits will be used to offset the premium cost of employees in the bargaining unit with family health plans. This memorandum of understanding will be in effect for the 2012-13 contract year only. The parties shall meet and bargain any necessary changes to this MOU for 2013-14 and 2014-15. Name of Employee: Position: Department: Building: Date of Evaluation: Indicate appraisal on each category by placing an X in the appropriate space. Comments are encouraged for all categories and required for Needs Improvement or Unsatisfactory as per Article XII.
Premium Ratio. The parties agree to explore options for making progress toward a 3:1 ratio between family and single rates in the future, following the publication of relevant state regulations and guidelines. As a part of this effort, future consideration will be given to plans with modified rate structures that create progress toward the target ratio, modifications to pooling arrangements, and other potential methods.

Related to Premium Ratio

  • Minimum Interest Coverage Ratio The Borrowers shall not permit the Interest Coverage Ratio, calculated as of the end of each fiscal quarter for the four fiscal quarters then ended, to be less than 3.50 to 1.00.

  • Premium Rates No recapture will be permitted if the Ceding Company has either obtained or increased stop loss reinsurance coverage as justification for the increase in retention limits.

  • Cash Flow Coverage Ratio The ratio of (a) the Borrower's Cash Flow to (b) the sum of (i) the Borrower's consolidated Interest Expense plus (ii) the Borrower's scheduled payments of principal (including the principal component of Capital Leases) to be paid during the 12 months following any date of determination shall at all times exceed (1) 1.5 to 1.

  • Interest Coverage Ratio The Borrower will not permit the Interest Coverage Ratio to be less than 2.75 to 1.0 on the last day of any Fiscal Quarter.

  • Debt Coverage Ratio Borrower shall not permit, as of the last day of any fiscal quarter of Borrower, the Debt Coverage Ratio to be less than 1.75 to 1.00.

  • Minimum Consolidated Interest Coverage Ratio Permit the Consolidated Interest Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 3.25 to 1.00.

  • Consolidated Interest Coverage Ratio Permit the Consolidated Interest Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 3.00 to 1.00.

  • Interest Expense Coverage Ratio The Borrower will not permit the ratio of (i) Consolidated EBITDA to (ii) Consolidated Cash Interest Expense for any period of four consecutive fiscal quarters to be less than 3.75 to 1.00.

  • Minimum Interest Coverage The Borrower will not permit the ratio of EBITDA to Consolidated Interest Expense as at any fiscal quarter end for the four fiscal quarters then ending to be less than 3.00 to 1.0.

  • Fixed Charge Coverage Ratio The Borrower will not permit the Fixed Charge Coverage Ratio, as of the last day of any fiscal quarter for the four fiscal quarters ending on that date, to be less than 1.25 to 1.0.

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