REINSURANCE PREMIUM. A. As premium for each excess layer of reinsurance coverage provided by this Contract, the Company shall pay the Reinsurer the greater of the following:
REINSURANCE PREMIUM. A. As premium for each excess layer of reinsurance coverage provided by this Contract, the Company shall pay the Reinsurer a premium equal to the product of the following (or a pro rata portion thereof in the event the term of this Contract is less than 12 months), subject to a minimum premium of the amount, shown as "Minimum Premium" for that excess layer in Schedule A attached hereto (or a pro rata portion thereof in the event the term of this Contract is less than 12 months):
REINSURANCE PREMIUM. A. As premium for the reinsurance provided hereunder, the Company shall pay the Reinsurer 0.5468% times its Net Earned Premium for the term of this Contract subject to a Minimum Premium of $992,000.
REINSURANCE PREMIUM. The YRT Reinsurance Premium for each coverage shall equal (i) x (ii) x (iii) / 1,000, where:
REINSURANCE PREMIUM. Each Accounting Period, the Cedent shall pay to the Reinsurer a "Reinsurance Premium" in an amount equal to the Reinsurer's quota share of the gross Policy premiums and deposits collected during the Accounting Period by the Cedent, net of any premiums paid under any Existing Reinsurance as defined in Schedule B. The Reinsurance Premiums paid to the Reinsurer by the Cedent shall be remitted to the Reinsurer at the end of the Accounting Period during which the gross premiums were collected by the Cedent.
REINSURANCE PREMIUM. Rate applied to Second Layer Subject Earned Premium Workers’ Compensation 0.320 % Estimated Subject Earned Premium: $ 547,293,758 Effective: January 1, 2010 Page 31 of 42 Workers’ Compensation Excess of Loss Reinsurance Addendum 3 No. 0100200-SUM09
REINSURANCE PREMIUM. A. As premium for each excess layer of reinsurance coverage provided by this Contract, the Company shall pay the Reinsurer the amount, shown as “Premium” for that excess layer in Schedule A attached hereto, in two equal installments of the amount, shown as “Installment Premium” for that excess layer in Schedule A attached hereto, on September 3, 2004 and March 1, 2005.
REINSURANCE PREMIUM. Within 25 days after the close of each calendar quarter, the Company shall pay to the Reinsurer one quarter of the flat reinsurance premium stipulated in the section entitled REINSURANCE PREMIUM.
REINSURANCE PREMIUM. As premium for the reinsurance provided by this Agreement, the Company shall cede to the Reinsurer an amount equal to the Reinsurer’s quota share cession of the Net Written Premium of the Company for the Business Covered by this Agreement. The Company’s ceded net unearned premium reserve for the Business Covered for the 2005 and 2006 treaty years as of March 31, 2006 was $1,065,038.
