Refund of Premiums. In the event there is a refund of insurance premiums paid, the refund shall be applied to the District’s cost for the subsequent year.
Refund of Premiums. Premiums paid to AvMed by the Subscribing Group for any Member after the date on which that Member's eligibility ceased or the Member was terminated shall be refunded on a pro rata basis, and limited to the total excess Premium amounts paid, up to a maximum of 60 days from the date of such ineligibility or termination, less any Claims incurred after the effective date of termination. Any unearned portion of prepaid Premiums will be returned to the Subscribing Group.
Refund of Premiums. Any refund of premiums (other than those attributable to excess contributions) will be applied towards the payment of future premiums or the purchase of additional benefits before the close of the calendar year following the year of the refund.
Refund of Premiums. All funds in respect of premiums that are refunded in respect of Seller Guarantees or Seller Bonds on account of the replacement thereof by Buyer pursuant to this Section shall be for the account of Sellers and their Affiliates. Buyer shall pay over or cause the Acquired Companies to pay over to Sellers any such refunds received by any Acquired Company after the Closing promptly upon receipt of such refunds.
Refund of Premiums. We have the right to refund any premiums paid on a policy if we believe this is proper where a policy is rescinded, cancelled, or not accepted, or for any other reason we believe is proper. You agree to return to us, when we ask for it, all earnings which we credited to you on any premiums which we refund.
Refund of Premiums. All funds in respect of premiums that are ------------------ refunded by the issuer of any letter of credit or surety bond on ac count of the replacement by Purchaser of such letter of credit or surety bond as provided by clause (a) of Subsection 5.17.1 shall be for the account of Seller and its Affiliates. Purchaser shall pay over or cause any Subsidiary to pay over to Seller any such refunds received by any Subsidiary after the Closing promptly upon receipt of such refunds by such Subsidiary.
Refund of Premiums. Notwithstanding any provision hereof to the contrary, in the event that, for any reason whatsoever, no death benefit is payable under the Policy upon the death of the Employee and in lieu thereof the Insurer refunds all or any part of the premiums paid for the Policy, the Corporation and the Employee’s beneficiary or beneficiaries shall have the unqualified right to share such premiums based on their respective cumulative contributions thereto.
Refund of Premiums. All funds in respect of premiums that are refunded by the issuer of any letter of credit, surety bond or other instrument constituting one or more of the Guarantees on account of the replacement by the Purchaser of such letter of credit, surety bond or other instrument as provided by this Section 5.10(a), to the extent not included in the calculation of Closing Net Asset Value, shall be for the account of CD&L and its Affiliates. In accordance with Section 5.10(a), the Purchaser shall pay over to CD&L any such refunds received by the Purchaser after the Closing promptly upon receipt of such refunds by the Purchaser.
Refund of Premiums. If a premium or the cost of insurance on a life insurance contract Is waived on account of a Participant's disability, the premium or the cost of insurance which is returned by the Insurer shall be added to the disabled Participant's Account.
Refund of Premiums. All funds in respect of premiums that are refunded by the issuer of any letter of credit, surety bond or other instrument constituting one or more of the Guarantees on account of the replacement by Buyer of such letter of credit, surety bond or other instrument as provided by this Section 4.3.4 shall be for the account of CEX and the Continuing Affiliates. In accordance with Section 7.7, Buyer shall pay over or cause the Company and its Subsidiaries to pay over to CEX any such refunds received by the Company or any of its Subsidiaries after the Closing promptly upon receipt of such refunds by the Company or such Subsidiary.
