Actual Ceding Commission definition

Actual Ceding Commission has the meaning ascribed thereto in Section 1.3(b)(iv).
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Actual Ceding Commission shall have the meaning set forth in Section 3.05(a).
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Examples of Actual Ceding Commission in a sentence

  • With respect to the item set forth in clause (1)(B) of the definition of “Ceding Commission,” the portion of the Actual Ceding Commission attributable to such item shall be determined by the Reinsurer in accordance with Annex D.

  • With respect to the item set forth in clause (2) of the definition of “Ceding Commission,” the portion of the Actual Ceding Commission attributable to such item shall be equal to the amount for such item set forth on the Final NB Volume Adjustment Schedule.

  • The “Ceding Commission Adjustment” shall be equal to the following amount (whether positive or negative): (1) the difference (whether positive or negative) between the Actual Ceding Commission minus the Estimated Ceding Commission, minus (2) the Net Retained Liabilities Ceding Commission Interest.

  • The Reinsurer may only object to a Reconciliation Statement on the basis of (i) mathematical error, (ii) the Actual Initial Premium not being determined in accordance with the terms hereof, including the definition of “Initial Premium” or (iii) the Actual Ceding Commission not being determined in accordance with the terms hereof, including the definitions of “Ceding Commission” and “Hedge Adjustment Amount” (collectively, the “Agreed Bases”).

  • The first adjustment of Actual Ceding Commission for purposes of crediting the interest due and owing to the Funds Withheld Account/Profit Sharing Account shall be calculated no later than [February 29, 2005] for the quarter ended December 31, 2004.

  • The first adjustment of Actual Ceding Commission for purposes of crediting the interest due and owing to the Funds Withheld Account/Profit Sharing Account shall be calculated no later than February 28, 2005 for the quarter ended December 31, 2004.

  • The first adjustment of Actual Ceding Commission for purposes of crediting the interest due and owing to the Funds Withheld Account/Profit Sharing Account shall be calculated no later than February 29, 2005 for the quarter ended December 31, 2004.

  • The first adjustment of Actual Ceding Commission for purposes of crediting the interest due and owing to the Funds Withheld Account/Profit Sharing Account shall be calculated no later than February 28, 2005 for the quarter ended December 31,2004.

  • The first adjustment of Actual Ceding Commission for purposes of crediting the interest due and owing to the Funds Withheld Account/Profit Sharing Account shall be calculated no later than February 28, 2006 for the quarter ended December 31, 2005.

  • The first adjustment of Actual Ceding Commission shall be calculated at December 31, 2014.

Related to Actual Ceding Commission

  • Ceding Commission means [REDACTED]. ]

  • (2) COMMISSION.—The term Commission’ means the Federal Communications Commission.’’

  • Actual/360 means that interest is calculated on the basis of the actual number of days elapsed in a year of 360 days.

  • Planning Commission means the Planning Commission of the City.

  • actual carrier means a person, other than the contracting carrier, who, by virtue of authority from the contracting carrier, performs the whole or part of the carriage contemplated in paragraph (b) but who is not with respect to such part a successive carrier within the meaning of the Warsaw Convention. Such authority is presumed in the absence of proof to the contrary.

  • Tax Commission means the Oklahoma Tax Commission;

  • Actual Costs means any costs, direct losses and expenses (including any loss of revenue) reasonably incurred or reasonably expected to be incurred by the Train Operator including those attributable to limb (f) of a Category 3 Disruption and any increase in Variable Costs but net of:

  • Selling Commission means three percent (3.0%) of the gross proceeds of Shares sold pursuant to this Agreement, or as otherwise agreed between the Company and the Agent with respect to any Shares sold pursuant to this Agreement.

  • Actual consumption means the measured consumption by a customer of a municipal service;

  • Commitment Commission shall have the meaning provided in Section 3.01(a).

  • Nuclear Regulatory Commission (NRC) means the U.S. Nuclear Regulatory Commission or its duly authorized representatives.

  • Assigned Annual Special Tax means the Special Tax of that name described in Section D.

  • Leasing Commissions means leasing commissions incurred by Borrower in connection with leasing any Mortgaged Property or any portion thereof (including renewals of existing Leases).

  • Relevant Governmental Body means the Federal Reserve Board and/or the Federal Reserve Bank of New York, or a committee officially endorsed or convened by the Federal Reserve Board and/or the Federal Reserve Bank of New York or any successor thereto.

  • Baseline actual emissions means the rate of emissions, in tons per year, of a regulated NSR pollutant, as determined in accordance with paragraphs (i) through (iv) of this definition.

  • Required Daily Deposit Target Finance Charge Amount means, for any day in a Due Period, an amount equal to the Class A Tranche Interest Allocation for the related Distribution Date; provided, however, that for purposes of determining the Required Daily Deposit Target Finance Charge Amount on any day on which the Class A Tranche Interest Allocation cannot be determined because the LIBOR Determination Date for the applicable Interest Accrual Period has not yet occurred, the Required Daily Deposit Target Finance Charge Amount shall be the Class A Tranche Interest Allocation determined based on a pro forma calculation made on the assumption that LIBOR will be LIBOR for the applicable period determined on the first day of such calendar month, multiplied by 1.25.

  • Ceding Company has the meaning set forth in the preamble.

  • Central Commission means the Central Electricity Regulatory Commission referred to in sub-section (1) of section 76 of the Act;

  • MONTHLY KILOMETREAGE STATEMENT CUM BILL means the format specified by the Company.

  • Actual emissions means the actual rate of emissions in tpy of any regulated pollutant (for fee calculation) emitted from a Part 71 source over the preceding calendar year. Actual emissions shall be calculated using each emissions unit’s actual operating hours, production rates, in-place control equipment, and types of materials processed, stored, or combusted during the preceding calendar year.

  • Actual Cost means the cost of depleted supplies, records storage media costs, actual mailing and alternative delivery costs, or other transmitting costs, and any direct equipment operating and maintenance costs, including actual costs paid to private contractors for copying services.

  • Actual Tax Liability means, with respect to any Taxable Year, the liability for Covered Taxes of the Corporation (a) appearing on Tax Returns of the Corporation for such Taxable Year and (b) if applicable, determined in accordance with a Determination (including interest imposed in respect thereof under applicable law).

  • Actual weight means the actual unladen weight of a vehicle or combination of

  • Total Premiums Paid means total of all the premiums received, excluding any extra premium, any rider premium and taxes.

  • Trust Reimbursement Amount As defined in Section 3.06A(a) of this Agreement.

  • Annual Division of Revenue Act means the Act of Parliament, which must be enacted annually in terms of section 214 (1) of the Constitution;