Fixed Premium definition

Fixed Premium means the following: $X.XX/MWh.
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Fixed Premium means an operating support in the form of a premium per kWh additional to the market price, the amount of which is determined by the grant award procedure;
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Fixed Premium shall have the meaning given such term in Annex E to the Schedule.
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Examples of Fixed Premium in a sentence

  • First, the Borrower must elect whether or not the Fixed Premium Prepayment/ Refinancing Privilege that is to apply to the respective Advance shall include a 5-year period during which such Advance shall not be eligible for any prepayment or refinancing (such time period being a "No-Call Period").

  • Universal Life Fixed Premium (no dump-in premiums allowed) The associated formula for determining the reserve interest rate adjustment must use a formula which reflects the ceding company’s investment earnings and incorporates all realized and unrealized gains and losses reflected in the statutory statement.

  • The Fixed Premium is due and payable by the Employer the first day of each month; provided, that any Statutory Assessments and Access Fees will be due and payable by Employer with the Monthly Settlement as set forth in Article 3.1. The Employer shall have a grace period of 31 calendar days for such monthly Fixed Premium.

  • Fixed Premium The Fixed Cost Fees, Pooling Charges, Access Fees and Statutory Assessments as set forth in Exhibit A (Cost-Plus Provisions) and/or Exhibit B (Rate Exhibits), as applicable; provided, that the Access Fees and any Statutory Assessments shall be billed with the Monthly Settlement Report.

  • Employer shall pay BCBSKC, on a monthly basis, the Fixed Premium in accordance with Article 3.2.

  • Excess Interest Whole Life (EIWL), and LOV Plus II (UL) is amended to include X-871 Excess Interest Whole Life: (Fixed Premium Universal Life) at the same rate tables and percentages as on X881.

  • The company, however, will continue to honor and provide the Fixed Premium optional coverage for any existing insured who has purchased the option prior to termination of the program, subject to the terms and conditions of this policy.

  • An additional monthly premium will be charged for each pet under this Fixed Premium option.

  • If, at the time a new pet is added to your policy, the company is still offering the Fixed Premium option, you may purchase the fixed premium optional coverage for any newly added pet(s) based upon the prevailing rates and terms and conditions then in effect.

  • Rate Revisions: if we file any plan rate revisions that would result in a premium lower than the Fixed Premium under this option, then the lower premium that results from the revision will be made available upon the next policy renewal.


More Definitions of Fixed Premium

Fixed Premium means the weekly premium remain the same, however the Insured Member’s cover will generally decrease as the Insured Member’s age increases.
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Related to Fixed Premium

  • 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.

  • 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.

  • Single Premium means the amount payable by the Policyholder at the Policy Commencement Date, as per the amount specified in the Schedule.

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

  • 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.