RISK RETENTION LIMITS Sample Clauses

RISK RETENTION LIMITS. The total amount of insurance in force and applied for on an individual life for PRUCO OF NJ and its affiliates will not exceed the risk retention limits in the following table. ================================================================ Issue Age of Insured Pref. Best - Class D Class E - H Ages: 18 - 65 $ 10,000,000 $ 10,000,000 ---------------------------------------------------------------- 66 - 70 $ 10,000,000 $ 10,000,000 ---------------------------------------------------------------- 71 - 75 $ 10,000,000 $ 10,000,000 ---------------------------------------------------------------- 76 - 77 $ 10,000,000 $ 5,000,000 ---------------------------------------------------------------- 78 - 80 $ 5,000,000 $ 2,500,000 ---------------------------------------------------------------- 81 - 85 $ 2,500,000 $ 1,000,000 ---------------------------------------------------------------- 86 - 90 $ 1,000,000 None ================================================================ SCHEDULE B AUTOMATIC AND FACULTATIVE REINSURANCE PREMIUMS -------------------------------------------------------------------------------- 1. STANDARD ANNUAL REINSURANCE PREMIUMS The standard annual reinsurance premiums per $1,000 of net amount at risk for (1) all cessions of automatic reinsurance and facultative obligatory reinsurance and (2) all cessions of facultative reinsurance in the amount of $20 million or less will be the product of the rates in the table attached to this Schedule B and the following factors: 6 1. 295 ============================================================== 6 1. 473 ============================================================== The standard annual reinsurance premiums per $1,000 for cessions of facultative obligatory reinsurance and facultative reinsurance in excess of $20 million will be the product of the rates in the table attached to this Schedule B and the following factors: ============================================================== Rating Class Factor -------------------------------------------------------------- 1 .346 -------------------------------------------------------------- 2 .422 -------------------------------------------------------------- 3 .542 -------------------------------------------------------------- 4 .696 -------------------------------------------------------------- 5 1.130 -------------------------------------------------------------- 6 1.424 ==============================================================
Sample 1See All (8)
AutoNDA by SimpleDocs
RISK RETENTION LIMITS. The total amount of insurance retained on an individual life for THE COMPANY and its affiliates will not exceed the risk retention limits in the following tables.
Sample 1Sample 2Sample 3See All (7)
RISK RETENTION LIMITS. The total amount of insurance retained on an individual life for THE COMPANY and its affiliates will not exceed the risk retention limits in the following tables: Non-Smoker: Smoker:
Sample 1Sample 2Sample 3See All (4)
RISK RETENTION LIMITS. The total amount of insurance retained on both lives for THE COMPANY and its affiliates will not exceed the risk retention limits in the following table. No Smokers ============================================================================ Highest Rating Class ================== ============================================================================ ================== ================ =================== ================== ==================== Oldest Issue Age No Substandard Class A - D Class E - H Greater than Class of Insured Rating H ------------------ ---------------- ------------------- ------------------ -------------------- --------- -------- ---------------- ------------------- ------------------ -------------------- Ages: 18 - 65 $50,000,000 $35,000,000 $25,000,000 $20,000,000 -------- ---------------- ------------------- ------------------ -------------------- --------- -------- ---------------- ------------------- ------------------ -------------------- 66 - 70 $35,000,000 $22,000,000 $16,000,000 $13,000,000 --------- -------- ---------------- ------------------- ------------------ -------------------- --------- -------- ---------------- ------------------- ------------------ -------------------- 71 - 75 $20,000,000 $13,000,000 $10,000,000 $ 8,000,000 --------- -------- ---------------- ------------------- ------------------ -------------------- --------- -------- ---------------- ------------------- ------------------ -------------------- 76 - 80 $15,000,000 $10,000,000 $ 7,000,000 $ 5,000,000 --------- -------- ---------------- ------------------- ------------------ -------------------- --------- -------- ---------------- ------------------- ------------------ -------------------- 81 - 85 $10,000,000 $ 8,000,000 $ 5,000,000 $ 3,000,000 --------- -------- ---------------- ------------------- ------------------ -------------------- --------- -------- ---------------- ------------------- ------------------ -------------------- 86 - 90 $ 5,000,000 $ 4,000,000 $ 3,000,000 $ 2,000,000 ========= ======== ================ =================== ================== ==================== One Smoker ============================================================================ Highest Rating Class ================== ============================================================================ ================== ================ =================== ================== ==================== Oldest Issue Age No Substandard Class A - D Class E - H Greater than ...
Sample 1Sample 2
RISK RETENTION LIMITS. The total amount of insurance retained on an individual life for THE COMPANY and its affiliates will not exceed the risk retention limits in the following tables: Non-Smoker: Issue Age No Substandard Rating Rating Class A-D Rating Class E-H Smoker: Issue Age No Substandard Rating Rating Class A-D Rating Class E-H Y-UL/VUL II – 2005 – RGA - PICA
Sample 1
RISK RETENTION LIMITS. [REDACTED] AUTOMATIC AND FACULTATIVE REINSURANCE PREMIUMS 1. STANDARD ANNUAL REINSURANCE PREMIUMS [REDACTED] 2. SUBSTANDARD ANNUAL REINSURANCE PREMIUMS [REDACTED] 3. FLAT EXTRA REINSURANCE PREMIUMS [REDACTED] 4. AGE BASIS
Sample 1
RISK RETENTION LIMITS. The total amount of insurance retained on an individual life for PRUCO and its affiliates will not exceed the risk retention limits in the following tables.
Sample 1
AutoNDA by SimpleDocs
RISK RETENTION LIMITS. The total amount of insurance retained on an individual life for THE COMPANY and its affiliates will not exceed the risk retention limits in the following tables: Non-Smoker: Smoker: [Missing Graphic Reference] The standard annual reinsurance premiums per $1,000 of net amount at risk for all cessions of automatic and facultative reinsurance will be the product of the factors below and the rates in the reference table attached to this Schedule B. The reference table is the sex and smoker distinct, 2001 Valuation Basic Table (June 14, 2001 version).
Sample 1

Related to RISK RETENTION LIMITS

  • Risk Retention The Equityholder hereby covenants, for the benefit of the Administrative Agent, the Lenders, the Collateral Agent and, in respect of paragraphs (d) and (e) below only, the Servicer that, for so long as any Advance remains outstanding: (a) it will retain, as originator, on an ongoing basis, a material net economic interest in the form specified in paragraph (d) of Article 6(3) of the Securitisation Regulation, being retention of the first loss tranche and, if necessary, other tranches having the same or a more severe risk profile than those transferred or sold to investors and not maturing any earlier than those transferred or sold to investors, through maintaining funding to the Borrower under the LLC Agreement, in an amount equal to not less than 5% of the Retention Basis Amount (such net economic interest being the “Retention”); (b) neither it nor any of its Affiliates will sell, hedge or otherwise mitigate its credit risk under or associated with the Retention where to do so would cause the transaction contemplated by the Facility Documents to cease to be compliant with the EU Retention Requirements; (c) it will take such further action, provide such information as is in its possession (provided that the provision of such information would not contravene any applicable contract, law or regulation or duties of confidentiality binding on the Equityholder) and enter into such other agreements, in each case, as may reasonably be required by the Borrower, a Lender or the Administrative Agent to satisfy the EU Retention Requirements; (d) it will confirm to each of the Borrower, the Administrative Agent, the Servicer, each Lender and the Collateral Agent, its continued compliance with the covenants set out at paragraphs (a) and (b) above in each Monthly Report; (e) it will promptly notify the Borrower, the Administrative Agent, the Servicer, each Lender and the Collateral Agent in writing if for any reason it fails to comply with either of the covenants set out in paragraphs (a) or (b) above in any way; and (f) it will notify each of its Affiliates of the contents of paragraph (b) above and shall use reasonable endeavours to procure that each of its Affiliates complies with the terms of paragraph (b) as if it were a party thereto. Notwithstanding anything to the contrary contained herein, neither the Equityholder nor the Borrower makes any representation as to compliance of the transaction or any of the parties hereto with respect to Securitisation Regulation. Any Person accepting the benefits of this Section 13.22 and/or Section 13.23 below (including any related definitions or provisions), shall be deemed to have agreed to the terms set forth in this paragraph and each Lender hereby represents that is not relying on any of the Borrower, the Servicer or the Equityholder or any of their respective Affiliates, for any financial, tax, legal, accounting, or regulatory advise in connection with the matters set forth in this Section 13.22 and/or Section 13.23 below.

  • Regulation RR Risk Retention Ford Credit, as Sponsor, and the Depositor agree that (i) Ford Credit will cause the Depositor to, and the Depositor will, retain the Residual Interest on the Closing Date and (ii) Ford Credit will not permit the Depositor to, and the Depositor will not, sell, transfer, finance or hedge the Residual Interest except as permitted by Regulation RR.

  • Coverage Minimum Limits Commercial General Liability $1,000,000 per occurrence $2,000,000 aggregate Automobile Liability including coverage for owned, non-owned and hired vehicles $1,000,000 per occurrence

  • Transaction Limits You understand and acknowledge that your use of the Services is subject to a limit on volume (in fiat currency terms) that you may transact in a given time period. Such limits may vary, at our sole discretion, depending on a variety of factors, and we may apply higher limits to certain Account holders at our discretion.

  • Credit Risk Retention The Seller shall retain, either directly or through a “majority-owned affiliate” (as such term is defined in 17 CFR Part 246.2) of the Seller, an economic interest in the Receivables in accordance with 17 CFR Part 246.4, and shall not, and shall cause any such majority-owned affiliate to not, sell, pledge or hedge such interest except as is permissible under 17 CFR Part 246.12.

  • Dollar Limits Per Service Agreement Cost to diagnose, repair and/or replace - Per covered appliance $3,000

  • Minimum Limits The minimum limits to be maintained by the School (inclusive of any amounts provided by an umbrella or excess policy) shall be $1 million per occurrence/$3 million annual aggregate.

  • Individual Flexibility Arrangement 12.1 The Employer and an Employee covered by this Agreement, may agree to make an Individual Flexibility Arrangement to vary the following terms of this Agreement if: (a) the arrangement deals with one or more of the following matters: (i) arrangements about where and when work is performed; (ii) overtime rates; (iii) penalty rates; (iv) allowances; or (v) annual leave loading; (b) the arrangement must meet the genuine needs of the Employer and Employee in relation to one or more of the matters mentioned in subclause 14.1 (a); and (c) the arrangement is genuinely agreed to by the Employer and the Employee. 12.2 The Employer must ensure that the terms of the Individual Flexibility Arrangement: (a) are about permitted matters under section 172 of the Act; (b) are not unlawful terms under section 194 of the Act; (c) result in the Employee being better off overall than the Employee would be if no agreement was made. 12.3 The Employer must ensure that the Individual Flexibility Arrangement: (a) is in writing; (b) includes the name of the Employer and the Employee; (c) is signed by the Employer and the Employee, and if the Employee is under 18 years of age, signed by a parent or guardian of the Employee; (d) Includes details of: (i) the terms of the Agreement that will be varied by the arrangement; (ii) how the arrangement will vary the effect of the terms; (iii) how the Employee will be better off overall in relation to the terms and conditions of their employment as a result of the arrangement; and (e) states the day on which the arrangement commences; 12.4 The Employer must give the Employee a copy of the Individual Flexibility Arrangement within 14 days after it is agreed to. 12.5 The Employer or Employee may terminate the Individual Flexibility Arrangement; (a) by giving no more than 28 days written notice to the other party to the arrangement; or (b) if the Employer and the Employee agree in writing – at any time.

  • Coverage Limits By requiring insurance, the State of Washington and DSHS do not represent that the coverage and limits required in this Contract will be adequate to protect the Contractor. Such coverage and limits shall not limit the Contractor’s liability in excess of the required coverage and limits, and shall not limit the Contractor’s liability under the indemnities and reimbursements granted to the State and DSHS in this Contract.

  • Minimum Balance Requirements To be a member and maintain Accounts with Us You must purchase 1 share in the Credit Union. The par value of a share in this Credit Union is $5.00. If the balance in Your primary share Account drops below 1 share ($5.00), at any time, We may, at Our option, close Your Account. Nonsufficient Funds Returns. Any share draft or pre-authorized transfer, or transaction made through the use of a debit card, or other electronic means, as is applicable (including any in-person transaction), that is presented to Us for payment on Your Account when Your Account lacks sufficient collected funds to pay any such item may, at Our option, be returned for nonsufficient funds or We may honor any such item and charge You a fee for doing so. Overdraft Balance Calculation. When processing transactions that debit or credit Your Account, We start each Business Day with Your final Account balance from the preceding Business Day. The final balance takes into account all of the debit and credit transactions that were settled that Business Day pursuant to Our Funds Availability Policy, as well as any other debits or credits to Your Account that were finally settled that day, as described above in the "Deposit of Items" and "Collection and Processing of Items" sections of the Account Agreement. This starting balance at the beginning of a Business Day (the preceding Business Day's final balance) is sometimes referred to as Your "actual balance."

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