Administrative premium definition

Administrative premium means the amount of money charged to and collected from a producer under section 10.
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Administrative premium means the amount charged to each Member Entity by ABAG and by the Board of Directors for ABAG's administrative costs and expenses for a Program. An Administrative Premium charged for a specific Program is identified as "Administrative Premium (Name of Program)." Administrative Premium shall not include any cost, expense or loss reserve chargeable to a Member Entity under a Program Premium.
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Examples of Administrative premium in a sentence

  • Administrative premium of 10 percent.The Hourly charge is calculated as:Rate Schedule 37 Energy Charges = [(Stand-by Energy x (1+ loss rate %)) x (Mid-C + 0.0040)] x 1.10Where “Stand-by Energy” refers to the energy delivered during the Stand-by Period.

  • In order to qualify for payment for each recognized holiday an employee must have completed twenty (20) working days’ employment and must work his normally scheduled tour both immediately preceding and immediately following the holiday, unless absence on either or both of the said qualifying days is due to reasons acceptable to the employer, provided the employee is not on a leave of absence for the entire pay period in which the holiday falls.

  • Administrative premium of 10%The hourly charge is calculated as:((Standby Energy x (1+loss rate %)) x (Mid-C + Schedule 102 Rate + 0.0040))*1.10where “Standby Energy” refers to the energy delivered during the Standby Period.

  • Administrative premium of 10%.RS 37 Energy Charge = ((Standby Energy x (1+loss rate %)) x (Mid-C + 0.0040))*1.10 Where “"Standby Energy”" refers to the energy delivered during the Standby Period not including energy taken by the Customer up to the level of its Contract Demand, and including energy taken by the Customer up to the Maximum Level of Stand-by Service.

  • Administrative, premium tax and non-operating expenses shall be excluded.

  • Each of these steps is described in detail in the remainder of this chapter.

Related to Administrative premium

  • Administrative Charge means, with respect to any Lease, any payment (whether or not part of the fixed monthly payment) payable to the related Lessor representing a disposition fee, a late payment fee, an Extension Fee, an allocation to the related Lessee of insurance premiums, sales, personal property or excise taxes or any other similar charge.

  • Administrative cost means a fee imposed to cover:

  • Administrative Costs means all costs and expenses associated with providing notice of the Settlement to the Settlement Class and administering and carrying out the terms of the Settlement.

  • Insurance Premium means the amount that each Debtor shall pay on a monthly basis to Agos pursuant to the relevant Consumer Loan Agreement, in relation to the insurance premium paid by Agos to the relevant Insurance Company under any Financed Insurance Policy.

  • Administrative Fee is defined in Section 4.1(a).

  • Administrative Fees shall have the meaning assigned to such term in Section 2.06(b).

  • Yield Maintenance Premium means the amount (if any) which, when added to the remaining principal amount of this Note, will be sufficient to purchase U.S. Obligations providing the required Scheduled Defeasance Payments; and

  • Administrative fund means that Fund established by Section 6.1 and administered pursuant to Section 6.9.

  • Spread Maintenance Premium means, with respect to any payment or prepayment, an amount equal to the product of the following: (i) the LIBOR Margin, the Alternate Rate Spread or the Base Rate Spread then applicable to each such future installment of interest, multiplied by (ii) the principal amount of the Loan so prepaid, and multiplied by (iii) a fraction, the numerator of which is the number of days following the date through which interest on the prepaid amount has been paid through and including December 14, 2019, and the denominator of which is 360.

  • Administrative penalty means a monetary fine imposed by the division for acts or

  • Administrative unit Means an administrative unit established under the Public Sector Act 2009 and includes an administrative unit established while this Enterprise Agreement remains in force;

  • Administrative User means any of Your employees, consultants, independent contractors or customers to whom You grant administrative permission to access the Services in accordance with Company’s entitlements and procedures and this Agreement (where “administrative permission” includes, but is not limited to, the right to create, modify and delete User accounts, as well as the right to access and modify Your billing information and other functionality available through Company’s administrative control panel).

  • Applicable Premium means, with respect to any Note on any Redemption Date, the greater of:

  • Base premium rate means, for each class of business as to a rating period, the lowest premium rate charged or that could have been charged under the rating system for that class of business by the small employer carrier to small employers with similar case characteristics for health benefit plans with the same or similar coverage.

  • Single Premium means the Premium amount specified in the Schedule payable in Lump Sum at the inception of the Policy. No further Premiums are payable under this Policy.

  • Applicable Prepayment Premium has the meaning specified therefor in the Fee Letter.

  • Administrative Code means the San Francisco Administrative Code.

  • Administrative Purchase Payment means, with respect to a Payment Date and to an Administrative Receivable purchased by the Seller or the Servicer as of the end of the related Collection Period, the sum of (a) the unpaid principal balance owed by the related Obligor in respect of such Receivable and (b) interest on such unpaid principal balance at a rate equal to the APR of the related Receivable from the date of last payment by such Obligor to the last day of such Collection Period.

  • Extra Premium means an additional amount charged by Us, as per Our Underwriting Policy, which is determined on the basis of disclosures made by You in the Proposal Form or any other information received by Us including medical examination report of the Life Insured.

  • Administrative leave means placing an employee on leave pursuant to state law. Nothing in the Title IX regulations precludes a recipient from placing a non-student employee respondent on administrative leave during the pendency of a grievance process, provided that Massachusetts laws are followed.

  • Make-Whole Premium means, with respect to a Note at any redemption date, the greater of:

  • Administrative Agent Fees shall have the meaning assigned to such term in Section 2.05(b).

  • Special Primary Insurance Premium With respect to any Special Primary Insurance Policy, the monthly premium payable thereunder. Statutory Trust Statute: Chapter 38 of Title 12 of the Delaware Code, 12 Del.C. §3801 et seq., as the same may be amended from time to time.

  • Administrative Agent Fee has the meaning specified in the Administrative Agent Fee Letter.