First Annual Period definition

First Annual Period as used in this Contract shall be from 12:01 a.m. Eastern Standard Time, January 1, 2018 to 12:01 a.m. Eastern Standard Time, January 1, 2019.

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First Annual Period. $ contemporaneously with the execution of this Agreement; $ on or before April 1, 1993; $ on or before July 1, 1993; and $ on or before October 1, 1993. Second Annual Period: $ on or before January 1, 1994; $ on or before April 1, 1994; $ on or before July 1, 1994; and $ on or before October 1, 1994.

First Annual Period means the Annual Period commencing on the Commencement Date;

Examples of First Annual Period in a sentence

• As promptly as possible after the end of each annual period, the Company shall provide a report to the Reinsurer setting forth the premium due hereunder, computed in accordance with Paragraph A.1. for the First Annual Period and with Paragraph A.2. for the Second Annual Period, and any additional premium due the Reinsurer or return premium due the Company shall be remitted promptly.

• The Annual Minimum for the First Annual Period shall be [***] and thereafter shall be [***].

• As used herein, "Annual Period" shall refer to: (i) the twelve (12) consecutive month period commencing on the Effective Date of this Agreement ("First Annual Period"); and (ii) to each subsequent twelve ***Text Omitted and Filed Separately Confidential Treatment Requested Under 17 C.F.R. SECTIONS 200.80(b)(4), 200.83 and 240.24b-2 (12) month period of the Term commencing on the anniversary date of the First Annual Period (the last 6 month period of the Initial Term shall also be deemed an Annual Period).

• For the First Annual Period, the Company shall pay the Reinsurer seven point two five percent (7.25%) of its Net Written Premium for the annual period.

• For each annual period (i.e., the First Annual Period and the Second Annual Period), the Reinsurer shall be liable for one hundred percent (100%) of the excess net loss above an initial Ultimate Net Loss to the Company as follows: Seven hundred thousand dollars ($700,000) of Ultimate Net Loss, each claim, each Insured, each Policy excess of three hundred thousand dollars ($300,000) of Ultimate Net Loss each claim, each Insured, each Policy.

More Definitions of First Annual Period

First Annual Period. $12,500 on the first day each of January 2004, April 2004, July 2004 and October 2004.

First Annual Period shall have the meaning set forth in Section 2.8(a)(i).

First Annual Period means the twelve (12) month period commencing on August 1, 1997 through and including July 31, 1998.

First Annual Period means the period beginning on the date of this Agreement and ending December 31, 2000.

First Annual Period. $ 110,000 Second Annual Period: $ 165,000 Third Annual Period: $ 220,000 Fourth Annual Period: $ 250,000 Fifth Annual Period: $ 250,000 Sixth Annual Period: $ 250,000

First Annual Period means the 12 month period ending December 31, 2004; the "Second Annual Period" means the 12 month period ending

First Annual Period means the first 12-month period after the Implementation Date;