Annual Premium Rate definition

Annual Premium Rate means the rate of Premium, expressed as a percentage, corresponding to each Reference Tranche specified in Annex 1.
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Annual Premium Rate has the meaning set forth in Section 3.2(f)(i).
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Annual Premium Rate means, if applicable, the premium rate so specified on the Declarations Page of this Policy to be used in computing a premium to be remitted annually.
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Examples of Annual Premium Rate in a sentence

  • For the Class M-1H Reference Tranche, the product of (i) the Class M-1H Reference Tranche Insured Percentage, (ii) the Class M-1H Annual Premium Rate, (iii) the Class Notional Amount of the Class M-1H Reference Tranche as of the immediately prior Premium Payment Date, and (iv) the actual number of days from and including such prior Premium Payment Date to and including the day immediately preceding the Premium Payment Date on which the calculation occurs divided by 360.

  • For the Class M-2H Reference Tranche, the product of (i) the Class M-2H Reference Tranche Insured Percentage, (ii) the Class M-2H Annual Premium Rate, (iii) the Class Notional Amount of the Class M-2H Reference Tranche as of the immediately prior Premium Payment Date, and (iv) the actual number of days from and including such prior Premium Payment Date to and including the day immediately preceding the Premium Payment Date on which the calculation occurs divided by 360.

  • For the Class B-2 Reference Tranche, the product of (i) the Class B-2 Reference Tranche Insured Percentage, (ii) the Class B-2 Annual Premium Rate, (iii) the Class Notional Amount of the Class B-2 Reference Tranche as of the immediately prior Premium Payment Date and (iv) the number of full calendar months between that Premium Payment Date and the immediately prior Premium Payment Date divided by twelve (12).

  • For the Class B-2H Reference Tranche, the product of (i) the Class B-2H Reference Tranche Insured Percentage, (ii) the Class B-2H Annual Premium Rate, (iii) the Class Notional Amount of the Class B-2H Reference Tranche as of the immediately prior Premium Payment Date, and (iv) the actual number of days from and including such prior Premium Payment Date to and including the day immediately preceding the Premium Payment Date on which the calculation occurs divided by 360.

  • For the Class B-1H Reference Tranche, the product of (i) the Class B-1H Reference Tranche Insured Percentage, (ii) the Class B-1H Annual Premium Rate, (iii) the Class Notional Amount of the Class B-1H Reference Tranche as of the immediately prior Premium Payment Date, and (iv) the actual number of days from and including such prior Premium Payment Date to and including the day immediately preceding the Premium Payment Date on which the calculation occurs divided by 360.

  • For the Class B-1 Reference Tranche, the product of (i) the Class B-1 Reference Tranche Insured Percentage, (ii) the Class B-1 Annual Premium Rate, (iii) the Class Notional Amount of the Class B-1 Reference Tranche as of the immediately prior Premium Payment Date and (iv) the number of full calendar months between that Premium Payment Date and the immediately prior Premium Payment Date divided by twelve (12); andc.

  • Loading on premiums will be applicable as mentioned below Modal loading is as follows: Single Premium Rate : Multiply Single premium rate by 1(i.e. No loading) Annual Premium Rate : Multiply Annual Premium Rate by 1 (i.e. No loading).

  • For the Class B-1 Reference Tranche, the product of (i) the Class B-1 Reference Tranche Insured Percentage, (ii) the Class B-1 Annual Premium Rate, (iii) the Class Notional Amount of the Class B-1 Reference Tranche as of the immediately prior Premium Payment Date and (iv) the number of full calendar months between that Premium Payment Date and the immediately prior Premium Payment Date divided by twelve (12); and c.

  • As an additional example, if the Preliminary Portfolio Risk Score was 1.00%, and the Final Portfolio Risk Score is 0.70% then the Portfolio Score Ratio is 70% (= (0.70 / 1.00) * 100) and the Annual Premium Rate Scalar is 80%, since the Annual Premium Rate Scalar cannot be less than 80.0%.

  • All physicians, dentists and advanced practice nurses whoprovided care to the patients may review the medical records on those patients.

Related to Annual Premium Rate

  • 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.

  • Premium Rate has the meaning assigned to such term in the Premium Letter.

  • New business premium rate means, for each class of business as to a rating period, the lowest premium rate charged or offered, or which could have been charged or offered, by the small employer carrier to small employers with similar case characteristics for newly issued health benefit plans with the same or similar coverage;

  • Annual Payment The total amount payable to the Settlement Fund Administrator by the Settling Distributors on the Payment Date each year, as calculated by the Settlement Fund Administrator pursuant to Section IV.B.1.e. For the avoidance of doubt, this term does not include the Additional Restitution Amount or amounts paid pursuant to Section X.

  • Monthly Salary Rate means the amount agreed to by the Owner that can be used on Applications for Payment throughout the Construction Phase to account for the services of Construction Manager’s salaried personnel assigned to the Project. A Monthly Salary Rate must be established for each salaried person and must be approved in writing by the Owner in advance of any Application for Payment for that person. The Monthly Salary Rate is for convenience only and any payments made for Construction Manager’s personnel are subject to audit to determine the actual cost of the wages and allowable employer contributions incurred by the Construction Manager for services performed for the Project.

  • Annual Percentage Rate or “APR” of a Receivable means the annual rate of finance charges stated in such Receivable.

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

  • Annualised Premium means the premium amount payable in a year chosen by the policyholder, excluding the taxes, rider premiums, underwriting extra premiums and loadings for modal premiums, if any as specified in the Schedule.

  • Loan Year With respect to any Mortgage Loan, the one year period commencing on the day succeeding the origination of such Mortgage Loan and ending on the anniversary date of such Mortgage Loan, and each annual period thereafter.