Net book premium definition

Net book premium means the premium amount established by FCIC for eligible crop insurance contracts in accordance with section 508(d)(2) of the Act (7 U.S.C. § 1508(d)(2)), less any amount for A&O subsidy.
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Net book premium means the total premium as determined in section IV.B.7. calculated for all eligible livestock price insurance contracts, less A&O subsidy, cancellations, adjustments and administrative fees.
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Net book premium means the premium amount established by FCIC for eligible livestock price insurance contracts in accordance with section 508(d)(2) of the Act (7 U.S.C. § 1508(d)(2)), less any amount for A&O subsidy.
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More Definitions of Net book premium

Net book premium means the premium calculated in accordance with section IV.(b)(8) totaled for all eligible crop insurance contracts, less A&O subsidy, CAT LAE, cancellations, adjustments, and administrative fees.
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Net book premium means the total premium calculated for all eligible crop insurance contracts, less A&O subsidy, cancellations, and adjustments.
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Net book premium means total premium payable by the policyholder plus the FCIC premium subsidy, less cancellations and adjustments.
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Related to Net book premium

  • Net salvage value means the salvage value of property retired less the cost of removal.

  • Salvage value means the amount received for property retired, less any expenses incurred in connection with the sale or in preparing the property for sale, or, if retained, the amount at which the material recoverable is chargeable to materials and supplies, or other appropriate account.

  • Trip Cost means the dollar amount of Trip payments or deposits paid by the Insured prior the Insured’s Trip Departure Date and shown on any required application which is subject to cancellation penalties or restrictions. Trip cost will also include the cost of any subsequent pre-paid payments or deposits paid by the Insured for the same Trip, after application for coverage under this plan provided the Insured amends the Application to add such subsequent payments or deposits and pays any required additional plan cost prior to the Insured’s Departure Date.

  • book cost means the total amount paid to purchase a security, including any transaction charges related to the purchase, adjusted for reinvested distributions, returns of capital and corporate reorganizations;

  • Applicable Value means, as of any date, with respect to each Share, the fair value of such Share, as determined in good faith by the Board of Directors.

  • full insurable value means one hundred percent (100%) of the actual replacement cost of the Property (excluding foundation and excavation costs and costs of underground flues, pipes, drains and other uninsurable items).

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

  • Stored value means monetary value that is evidenced by an electronic record.