Common use of Retention Multiple Clause in Contracts

Retention Multiple. (a) The Retention Multiple is applied to the Company's Reimbursement Premium to determine the Company's Retention. The Retention Multiple for the 2011/2012 Contract Year shall be equal to $4.5 billion, adjusted based upon the reported exposure for the 2009/2010 Contract Year to reflect the percentage growth in exposure to the FHCF since 2004, divided by the estimated total industry Reimbursement Premium at the 90% reimbursement percentage level for the Contract Year as determined by the SBA.

Appears in 5 contracts

Samples: Reimbursement Contract (United Insurance Holdings Corp.), Reimbursement Contract (United Insurance Holdings Corp.), Reimbursement Contract (United Insurance Holdings Corp.)

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Retention Multiple. (a) The Retention Multiple is applied to the Company's ’s Reimbursement Premium to determine the Company's ’s Retention. The Retention Multiple for the 2011/2012 2018/2019 Contract Year shall be equal to $4.5 billion, adjusted based upon the reported exposure for the 2009/2010 2016/2017 Contract Year to reflect the percentage growth in exposure to the FHCF since 2004, divided by the estimated total industry Reimbursement Premium at the 90% reimbursement percentage level for the Contract Year as determined by the SBA.

Appears in 5 contracts

Samples: Reimbursement Contract (HCI Group, Inc.), Reimbursement Contract, Reimbursement Contract (FEDERATED NATIONAL HOLDING Co)

Retention Multiple. (a) The Retention Multiple is applied to the Company's ’s Reimbursement Premium to determine the Company's ’s Retention. The Retention Multiple for the 2011/2012 2019/2020 Contract Year shall be equal to $4.5 billion, adjusted based upon the reported exposure for the 2009/2010 2017/2018 Contract Year to reflect the percentage growth in exposure to the FHCF since 2004, divided by the estimated total industry Reimbursement Premium at the 90% reimbursement percentage level Coverage Level for the Contract Year as determined by the SBA.

Appears in 5 contracts

Samples: Reimbursement Contract, Reimbursement Contract, Reimbursement Contract

Retention Multiple. (a) The Retention Multiple is applied to the Company's ’s Reimbursement Premium to determine the Company's ’s Retention. The Retention Multiple for the 2011/2012 2020/2021 Contract Year shall be equal to $4.5 billion, adjusted based upon the reported exposure for the 2009/2010 2018/2019 Contract Year to reflect the percentage growth in exposure to the FHCF since 2004, divided by the estimated total industry Reimbursement Premium at the 90% reimbursement percentage level Coverage Level for the Contract Year as determined by the SBA.

Appears in 3 contracts

Samples: Reimbursement Contract, Reimbursement Contract, Reimbursement Contract

Retention Multiple. (a) The Retention Multiple is applied to the Company's ’s Reimbursement Premium to determine the Company's ’s Retention. The Retention Multiple for the 2011/2012 2019/2020/2021 Contract Year shall be equal to $4.5 billion, adjusted based upon the reported exposure for the 2009/2010 2017/2018/2019 Contract Year to reflect the percentage growth in exposure to the FHCF since 2004, divided by the estimated total industry Reimbursement Premium at the 90% reimbursement percentage level Coverage Level for the Contract Year as determined by the SBA.

Appears in 3 contracts

Samples: Reimbursement Contract, Reimbursement Contract, Reimbursement Contract

Retention Multiple. (a) The Retention Multiple is applied to the Company's ’s Reimbursement Premium to determine the Company's ’s Retention. The Retention Multiple for the 2011/2012 2016/2017 Contract Year shall be equal to $4.5 billion, adjusted based upon the reported exposure for the 2009/2010 2014/2015 Contract Year to reflect the percentage growth in exposure to the FHCF since 2004, divided by the estimated total industry Reimbursement Premium at the 90% reimbursement percentage level for the Contract Year as determined by the SBA.

Appears in 3 contracts

Samples: Reimbursement Contract (HCI Group, Inc.), Federated National Holding Co, Federated National Holding Co

Retention Multiple. (a) The Retention Multiple is applied to the Company's ’s Reimbursement Premium to determine the Company's ’s Retention. The Retention Multiple for the 2011/2012 2014/2015 Contract Year shall be equal to $4.5 billion, adjusted based upon the reported exposure for the 2009/2010 2012/2013 Contract Year to reflect the percentage growth in exposure to the FHCF since 2004, divided by the estimated total industry Reimbursement Premium at the 90% reimbursement percentage level for the Contract Year as determined by the SBA.

Appears in 3 contracts

Samples: Reimbursement Contract (United Insurance Holdings Corp.), Reimbursement Contract (HCI Group, Inc.), Reimbursement Contract (United Insurance Holdings Corp.)

Retention Multiple. (a) The Retention Multiple is applied to the Company's ’s Reimbursement Premium to determine the Company's ’s Retention. The Retention Multiple for the 2011/2012 2017/2018 Contract Year shall be equal to $4.5 billion, adjusted based upon the reported exposure for the 2009/2010 2015/2016 Contract Year to reflect the percentage growth in exposure to the FHCF since 2004, divided by the estimated total industry Reimbursement Premium at the 90% reimbursement percentage level for the Contract Year as determined by the SBA.

Appears in 3 contracts

Samples: Reimbursement Contract, Reimbursement Contract, Reimbursement Contract

Retention Multiple. (a) The Retention Multiple is applied to the Company's Reimbursement Premium to determine the Company's Retention. The Retention Multiple for the 2011/2012 2004-2005 Contract Year shall be equal to $4.5 billion, adjusted based upon the reported exposure for the 2009/2010 Contract Year to reflect the percentage growth in exposure to the FHCF since 2004, divided by the estimated total industry Reimbursement Premium at the 90% reimbursement percentage level for the Contract Year as determined by the SBASBA unless the transitional option provided under Schedule 1 of this contract is chosen by June 1, 2004.

Appears in 3 contracts

Samples: Reimbursement Contract (Philadelphia Consolidated Holding Corp), Philadelphia Consolidated Holding Corp, Philadelphia Consolidated Holding Corp

Retention Multiple. (a) The Retention Multiple is applied to the Company's ’s Reimbursement Premium to determine the Company's ’s Retention. The Retention Multiple for the 2011/2012 2021/2022 Contract Year shall be equal to $4.5 billion, adjusted based upon the reported exposure for the 2009/2010 2019/2020 Contract Year to reflect the percentage growth in exposure to the FHCF since 2004, divided by the estimated total industry Reimbursement Premium at the 90% reimbursement percentage level Coverage Level for the Contract Year as determined by the SBA.

Appears in 2 contracts

Samples: Reimbursement Contract, Reimbursement Contract

Retention Multiple. (a) The Retention Multiple is applied to the Company's Reimbursement Premium to determine the Company's Retention. The Retention Multiple for the 2011/2012 2006/2007 Contract Year shall be equal to $4.5 billion, adjusted based upon the reported exposure for the 2009/2010 2005/2006 Contract Year to reflect the percentage growth in exposure to the FHCF since 2004, divided by the FHCF-2006K Rule 19-8.010 F.A.C. estimated total industry Reimbursement Premium at the 90% reimbursement percentage level for the Contract Year as determined by the SBA.

Appears in 2 contracts

Samples: Reimbursement Contract (Philadelphia Consolidated Holding Corp), Reimbursement Contract (Philadelphia Consolidated Holding Corp)

Retention Multiple. (a) The Retention Multiple is applied to the Company's ’s Reimbursement Premium to determine the Company's ’s Retention. The Retention Multiple for the 2011/2012 2022/2023/2024 Contract Year shall be equal to $4.5 billion, adjusted based upon the reported exposure for the 2009/2010 2020/2021/2022 Contract Year to reflect the percentage growth in exposure to the FHCF since 2004, divided by the estimated total industry Reimbursement Premium at the 90% reimbursement percentage level 90 percent% Coverage Level for the Contract Year as determined by the SBA.

Appears in 2 contracts

Samples: Reimbursement Contract, Reimbursement Contract

Retention Multiple. (a) The Retention Multiple is applied to the Company's ’s Reimbursement Premium to determine the Company's ’s Retention. The Retention Multiple for the 2011/2012 2021/2022/2023 Contract Year shall be equal to $4.5 billion, adjusted based upon the reported exposure for the 2009/2010 2019/2020/2021 Contract Year to reflect the percentage growth in exposure to the FHCF since 2004, divided by the estimated total industry Reimbursement Premium at the 90% reimbursement percentage level Coverage Level for the Contract Year as determined by the SBA.

Appears in 2 contracts

Samples: Reimbursement Contract, Reimbursement Contract

Retention Multiple. (a) The Retention Multiple is applied to the Company's ’s Reimbursement Premium to determine the Company's ’s Retention. The Retention Multiple for the 2011/2012 2010/2011 Contract Year shall be equal to $4.5 billion, adjusted based upon the reported exposure for the 2009/2010 2008/2009 Contract Year to reflect the percentage growth in exposure to the FHCF since 2004, divided by the estimated total industry Reimbursement Premium at the 90% reimbursement percentage level for the Contract Year as determined by the SBA.

Appears in 2 contracts

Samples: Attention (Homeowners Choice, Inc.), Attention (United Insurance Holdings Corp.)

Retention Multiple. (a) The Retention Multiple is applied to the Company's ’s Reimbursement Premium to determine the Company's ’s Retention. The Retention Multiple for the 2011/2012 2020/2021/2022 Contract Year shall be equal to $4.5 billion, adjusted based upon the reported exposure for the 2009/2010 2018/2019/2020 Contract Year to reflect the percentage growth in exposure to the FHCF since 2004, divided by the estimated total industry Reimbursement Premium at the 90% reimbursement percentage level Coverage Level for the Contract Year as determined by the SBA.

Appears in 2 contracts

Samples: Reimbursement Contract, Reimbursement Contract

Retention Multiple. (a) The Retention Multiple is applied to the Company's ’s Reimbursement Premium to determine the Company's ’s Retention. The Retention Multiple for the 2011/2012 2005-2006 Contract Year shall be equal to $4.5 billion, adjusted based upon the reported exposure for the 2009/2010 2004/2005 Contract Year to reflect the percentage growth in exposure to the FHCF since 2004, divided by the estimated total industry Reimbursement Premium at the 90% reimbursement percentage level for the Contract Year as determined by the SBA.

Appears in 2 contracts

Samples: Philadelphia Consolidated Holding Corp, Philadelphia Consolidated Holding Corp

Retention Multiple. (a) The Retention Multiple is applied to the Company's Reimbursement Premium to determine the Company's Retention. The Retention Multiple for the 2011/2012 2020/2021 Contract Year shall be equal to $4.5 billion, adjusted based upon the reported exposure for the 2009/2010 2018/2019 Contract Year to reflect the percentage growth in exposure to the FHCF since 2004, divided by the estimated total industry Reimbursement Premium at the 90% reimbursement percentage level Coverage Level for the Contract Year as determined by the SBA.

Appears in 2 contracts

Samples: Reimbursement Contract (HCI Group, Inc.), Reimbursement Contract (HCI Group, Inc.)

Retention Multiple. (a) The Retention Multiple is applied to the Company's ’s Reimbursement Premium to determine the Company's ’s Retention. The Retention Multiple for the 2011/2012 2008/2009 Contract Year shall be equal to $4.5 billion, adjusted based upon the reported exposure for the 2009/2010 2007/2008 Contract Year to reflect the percentage growth in exposure to the FHCF since 2004, divided by the estimated total industry Reimbursement Premium at the 90% reimbursement percentage level for the Contract Year as determined by the SBA.

Appears in 2 contracts

Samples: Reimbursement Contract (Homeowners Choice, Inc.), Reimbursement Contract (United Insurance Holdings Corp.)

Retention Multiple. (a) The Retention Multiple is applied to the Company's ’s Reimbursement Premium to determine the Company's ’s Retention. The Retention Multiple for the 2011/2012 2017/2018 2018/2019 Contract Year shall be equal to $4.5 billion, adjusted based upon the reported exposure for the 2009/2010 2015/2016 2016/2017 Contract Year to reflect the percentage growth in exposure to the FHCF since 2004, divided by the estimated total industry Reimbursement Premium at the 90% reimbursement percentage level for the Contract Year as determined by the SBA.

Appears in 2 contracts

Samples: Reimbursement Contract, Reimbursement Contract

Retention Multiple. (a) The Retention Multiple is applied to the Company's ’s Reimbursement Premium to determine the Company's ’s Retention. The Retention Multiple for the 2011/2012 Contract Year shall be equal to $4.5 billion, adjusted based upon the reported exposure for the 2009/2010 Contract Year to reflect the percentage growth in exposure to the FHCF since 2004, divided by the estimated total industry Reimbursement Premium at the 90% reimbursement percentage level for the Contract Year as determined by the SBA.

Appears in 2 contracts

Samples: Reimbursement Contract (Homeowners Choice, Inc.), Reimbursement Contract

Retention Multiple. (a) The Retention Multiple is applied to the Company's ’s Reimbursement Premium to determine the Company's ’s Retention. The Retention Multiple for the 2011/2012 2004-2005 Contract Year shall be equal to $4.5 4.5$3 billion, adjusted based upon the reported exposure for the 2009/2010 Contract Year to reflect the percentage growth in FHCF exposure to the FHCF for Covered Policies since 20041998, divided by the estimated total industry Reimbursement Premium at the 90% reimbursement percentage level for the Contract Year as determined by the SBASBA unless the transitional option provided under Schedule 1 of this contract is chosen by June 1, 2004.

Appears in 1 contract

Samples: Reimbursement Contract

Retention Multiple. (a) The Retention Multiple is applied to the Company's ’s Reimbursement Premium to determine the Company's ’s Retention. The Retention Multiple for the 2011/2012 2024/2025 Contract Year shall be equal to $4.5 billion, adjusted based upon the reported exposure for the 2009/2010 2022/2023 Contract Year to reflect the percentage growth in exposure to the FHCF since 2004, divided by the estimated total industry Reimbursement Premium at the 90% reimbursement percentage level 90 percent Coverage Level for the Contract Year as determined by the SBA.

Appears in 1 contract

Samples: Reimbursement Contract

Retention Multiple. (a) The Retention Multiple is applied to the Company's ’s Reimbursement Premium to determine the Company's ’s Retention. The Retention Multiple for the 2011/2012 2016/20172017/2018 Contract Year shall be equal to $4.5 billion, adjusted based upon the reported exposure for the 2009/2010 2014/20152015/2016 Contract Year to reflect the percentage growth in exposure to the FHCF since 2004, divided by the estimated total industry Reimbursement Premium at the 90% reimbursement percentage level for the Contract Year as determined by the SBA.

Appears in 1 contract

Samples: Reimbursement Contract

Retention Multiple. (a) The Retention Multiple is applied to the Company's ’s Reimbursement Premium to determine the Company's ’s Retention. The Retention Multiple for the 2011/2012 Contract Year shall be equal to $4.5 3 billion, adjusted based upon the reported exposure for the 2009/2010 Contract Year to reflect the percentage growth in FHCF exposure to the FHCF for Covered Policies since 20041998, divided by the estimated total industry Reimbursement Premium at the 90% reimbursement percentage Reimbursement Percentage level for the Contract Year as determined by the SBA.

Appears in 1 contract

Samples: Philadelphia Consolidated Holding Corp

Retention Multiple. (a) The Retention Multiple is applied to the Company's ’s Reimbursement Premium to determine the Company's ’s Retention. The Retention Multiple for the 2011/2012 2022/2023 Contract Year shall be equal to $4.5 billion, adjusted based upon the reported exposure for the 2009/2010 2020/2021 Contract Year to reflect the percentage growth in exposure to the FHCF since 2004, divided by the estimated total industry Reimbursement Premium at the 90% reimbursement percentage level Coverage Level for the Contract Year as determined by the SBA.

Appears in 1 contract

Samples: Reimbursement Contract

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Retention Multiple. (a) The Retention Multiple is applied to the Company's ’s Reimbursement Premium to determine the Company's ’s Retention. The Retention Multiple for the 2011/2012 2023/2024 Contract Year shall be equal to $4.5 billion, adjusted based upon the reported exposure for the 2009/2010 2021/2022 Contract Year to reflect the percentage growth in exposure to the FHCF since 2004, divided by the estimated total industry Reimbursement Premium at the 90% reimbursement percentage level 90 percent Coverage Level for the Contract Year as determined by the SBA.

Appears in 1 contract

Samples: Reimbursement Contract

Retention Multiple. (a) The Retention Multiple is applied to the Company's ’s Reimbursement Premium to determine the Company's ’s Retention. The Retention Multiple for the 2011/2012 Contract Year shall be equal to $4.5 3 billion, adjusted based upon the reported exposure for the 2009/2010 Contract Year to reflect the percentage growth in FHCF exposure to the FHCF for Covered Policies since 20041998, divided by the estimated total industry Reimbursement Premium at the 90% reimbursement percentage Rreimbursement Ppercentage level for the Contract Year as determined by the SBA.

Appears in 1 contract

Samples: Reimbursement Contract

Retention Multiple. (a) The Retention Multiple is applied to the Company's ’s Reimbursement Premium to determine the Company's ’s Retention. The Retention Multiple for the 2011/2012 2004-2005 Contract Year shall be equal to $4.5 billion, adjusted based upon the reported exposure for the 2009/2010 Contract Year to reflect the percentage growth in exposure to the FHCF since 2004, divided by the estimated total industry Reimbursement Premium at the 90% reimbursement percentage level for the Contract Year as determined by the SBASBA unless the transitional option provided under Schedule 1 of this contract is chosen by June 1, 2004.

Appears in 1 contract

Samples: Reimbursement Contract

Retention Multiple. (a) The Retention Multiple is applied to the Company's ’s Reimbursement Premium to determine the Company's ’s Retention. The Retention Multiple for the 2011/2012 2014/2015 Contract Year shall be equal to $4.5 [***] billion, adjusted based upon the reported exposure for the 2009/2010 2012/2013 Contract Year to reflect the percentage growth in exposure to the FHCF since 2004, divided by the estimated total industry Reimbursement Premium at the 90% reimbursement percentage level for the Contract Year as determined by the SBA.

Appears in 1 contract

Samples: Reimbursement Contract (Heritage Insurance Holdings, Inc.)

Retention Multiple. (a) The Retention Multiple is applied to the Company's Reimbursement Premium to determine the Company's Retention. The Retention Multiple for the 2011/2012 2013/2014 Contract Year shall be equal to $4.5 billion, adjusted based upon the reported exposure for the 2009/2010 2011/2012 Contract Year to reflect the percentage growth in exposure to the FHCF since 2004, divided by the estimated total industry Reimbursement Premium at the 90% reimbursement percentage level for the Contract Year as determined by the SBA.

Appears in 1 contract

Samples: Reimbursement Contract (Federated National Holding Co)

Retention Multiple. (a) The Retention Multiple is applied to the Company's ’s Reimbursement Premium to determine the Company's ’s Retention. The Retention Multiple for the 2011/2012 2013/2014 Contract Year shall be equal to $4.5 billion, adjusted based upon the reported exposure for the 2009/2010 2011/2012 Contract Year to reflect the percentage growth in exposure to the FHCF since 2004, divided by the estimated total industry Reimbursement Premium at the 90% reimbursement percentage level for the Contract Year as determined by the SBA.

Appears in 1 contract

Samples: Reimbursement Contract (United Insurance Holdings Corp.)

Retention Multiple. (a) The Retention Multiple is applied to the Company's Reimbursement Premium to determine the Company's Retention. The Retention Multiple for the 2011/2012 2014/2015 Contract Year shall be equal to $4.5 billion, adjusted based upon the reported exposure for the 2009/2010 2012/2013 Contract Year to reflect the percentage growth in exposure to the FHCF since 2004, divided by the estimated total industry Reimbursement Premium at the 90% reimbursement percentage level for the Contract Year as determined by the SBA.

Appears in 1 contract

Samples: Reimbursement Contract (Federated National Holding Co)

Retention Multiple. (a) The Retention Multiple is applied to the Company's ’s Reimbursement Premium to determine the Company's Retention. The Retention Multiple for the 2011/2012 2014/2015 Contract Year shall be equal to $4.5 billion, adjusted based upon the reported exposure for the 2009/2010 2012/2013 Contract Year to reflect the percentage growth in exposure to the FHCF since 2004, divided by the estimated total industry Reimbursement Premium at the 90% reimbursement percentage level for the Contract Year as determined by the SBA.

Appears in 1 contract

Samples: Reimbursement Contract (Federated National Holding Co)

Retention Multiple. (a) The Retention Multiple is applied to the Company's ’s Reimbursement Premium to determine the Company's ’s Retention. The Retention Multiple for the 2011/2012 2009/2010 Contract Year shall be equal to $4.5 billion, adjusted based upon the reported exposure for the 2009/2010 2008/2009 Contract Year to reflect the percentage growth in exposure to the FHCF since 2004, divided by the estimated total industry Reimbursement Premium at the 90% reimbursement percentage level for the Contract Year as determined by the SBA.

Appears in 1 contract

Samples: Attention (United Insurance Holdings Corp.)

Retention Multiple. (a) The Retention Multiple is applied to the Company's ’s Reimbursement Premium to determine the Company's ’s Retention. The Retention Multiple for the 2011/2012 2010/2011 Contract Year shall be equal to $4.5 billion, adjusted based upon the reported exposure for the 2009/2010 2008/2009 Contract Year to reflect the percentage growth in exposure to the FHCF since 2004, divided by the estimated total industry Reimbursement Premium at the 90% reimbursement percentage level for the Contract Year as determined by the SBA.

Appears in 1 contract

Samples: Reimbursement Contract

Retention Multiple. (a) The Retention Multiple is applied to the Company's ’s Reimbursement Premium to determine the Company's ’s Retention. The Retention Multiple for the 2011/2012 2012/2013 Contract Year shall be equal to $4.5 billion, adjusted based upon the reported exposure for the 2009/2010 2010/2011 Contract Year to reflect the percentage growth in exposure to the FHCF since 2004, divided by the estimated total industry Reimbursement Premium at the 90% reimbursement percentage level for the Contract Year as determined by the SBA.

Appears in 1 contract

Samples: Reimbursement Contract (Homeowners Choice, Inc.)

Retention Multiple. (a) The Retention Multiple is applied to the Company's Reimbursement Premium to determine the Company's Retention. The Retention Multiple for the 2011/2012 2012/2013 Contract Year shall be equal to $4.5 billion, adjusted based upon the reported exposure for the 2009/2010 2010/2011 Contract Year to reflect the percentage growth in exposure to the FHCF since 2004, divided by the estimated total industry Reimbursement Premium at the 90% reimbursement percentage level for the Contract Year as determined by the SBA.

Appears in 1 contract

Samples: Reimbursement Contract (21st Century Holding Co)

Retention Multiple. (a) The Retention Multiple is applied to the Company's ’s Reimbursement Premium to determine the Company's ’s Retention. The Retention Multiple for the 2011/2012 2015/20162016/2017 Contract Year shall be equal to $4.5 billion, adjusted based upon the reported exposure for the 2009/2010 2013/20142014/2015 Contract Year to reflect the percentage growth in exposure to the FHCF since 2004, divided by the estimated total industry Reimbursement Premium at the 90% reimbursement percentage level for the Contract Year as determined by the SBA.

Appears in 1 contract

Samples: Reimbursement Contract

Retention Multiple. (a) The Retention Multiple is applied to the Company's ’s Reimbursement Premium to determine the Company's ’s Retention. The Retention Multiple for the 2011/2012 2023/2024/2025 Contract Year shall be equal to $4.5 billion, adjusted based upon the reported exposure for the 2009/2010 2021/2022/2023 Contract Year to reflect the percentage growth in exposure to the FHCF since 2004, divided by the estimated total industry Reimbursement Premium at the 90% reimbursement percentage level 90 percent Coverage Level for the Contract Year as determined by the SBA.

Appears in 1 contract

Samples: Reimbursement Contract

Retention Multiple. (a) The Retention Multiple is applied to the Company's ’s Reimbursement Premium to determine the Company's ’s Retention. The Retention Multiple for the 2011/2012 2018/2019 2019/2020 Contract Year shall be equal to $4.5 billion, adjusted based upon the reported exposure for the 2009/2010 2016/2017 2017/2018 Contract Year to reflect the percentage growth in exposure to the FHCF since 2004, divided by the estimated total industry Reimbursement Premium at the 90% reimbursement percentage level Coverage lLevel for the Contract Year as determined by the SBA.

Appears in 1 contract

Samples: Reimbursement Contract

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