Policy Fee definition

Policy Fee shall have the meaning set forth in Section 2.4.
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Policy Fee. Not shared with reinsurer .. Rate applies on facultative cases up to: Ages Std-Table 8 Tables 9-12 Tables 13-16 ----- ------------ ----------- ------------ 0-65 $17,000,000 $13,000,000 $10,000,000 66-75 17,000,000 6,000,000 3,000,000 76-80 8,000,000 0 0 81+ 0 0 0 .. Inforce and applied for limit on facultative cases: $30,000,000 REVISED AUTOMATIC AND FACULTATIVE REINSURANCE PROPOSAL Presented to: GE Life and Annuity Assurance Company Plans Covered: Commonwealth SL Joint Survivor Variable UL Type of Reinsurance: Yearly Renewable Term Date: June 16, 1999
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Policy Fee means the amount deducted monthly by Dai-ichi Life Vietnam in order to cover the costs of policy administration and maintenance as well as providing policy related information to the Policy Owner.
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Examples of Policy Fee in a sentence

  • The Master Servicer shall effect the timely payment of the Radian PMI Policy Fee.

  • To the extent the Mortgagor with respect to a Radian PMI Insured Loan is delinquent, the Master Servicer shall advance the related Radian PMI Policy Fee as a Servicing Advance.

  • Policy Fee Allowance This field contains the reinsurance policy fee allowance.

  • The Federal Policy Fee and Probation Surcharge (if applicable) are not subject to calculation of return premiums.

  • The Federal Policy Fee in effect at the time the MPPP policy is written must be used.

  • In this event the TENANT will be charged a Landlord Required Insurance Policy Fee of $12.00 per month and this shall be deemed to be additional RENT under the Lease and immediately due and payable by TENANT to LANDLORD.

  • It shall not be less than $10 and is computed for both new and renewal policies as follows: Based on the Total Prepaid Amount (less the Federal Policy Fee) for the policy term, the commission will be 15 percent of the first $2,000 of annualized premium and 5 percent on the excess of $2,000.

  • To the extent the Mortgagor with respect to a PMI Mortgage Loan is delinquent, the Master Servicer shall advance the related PMI Insurer Policy Fee as a Servicing Advance.

  • Federal Policy Fee, Probation Surcharge and HFIAA Surcharge are fully refunded.

  • Add additional charges/ credits, i.e., deductible reduction/increase, ICC Premium, CRS Premium Discount, Probation Surcharge (if any), and Federal Policy Fee.


More Definitions of Policy Fee

Policy Fee means a charge by an insurer to recognize the nonrecurring expenses associated with the issuance of a new policy of insurance.
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Policy Fee. There is no policy fee applicable.
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Policy Fee has the meaning given to it in clause 6 and Schedule 2;
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Related to Policy Fee

  • Tuition Fee means the basic tuition fee applicable to specific programmes and shall include auxiliary fees which are for required instruction but shall exclude any other fees such as international student differential fees, co-op fees, and student union fees.

  • Agency Fee means the fee payable by the Partner to Bolt per every event of sale of the Partner’s Goods through the Bolt Food Platform for the provision of agency services to the Partner. Agreed Percentage is the percentage agreed in the Special Terms that serves as the basis for the calculation of the Agency Fee.

  • Policy summary means a synopsis describing the elements of a life insurance policy.

  • Impact fee means a payment of money imposed under Title 11, Chapter 36a, Impact Fees Act.

  • Expense Fee As to each Mortgage Loan and any Distribution Date, the product of the Expense Fee Rate and its Stated Principal Balance as of that Distribution Date.

  • Reimbursement insurance policy means a policy of insurance

  • Contingent fee, as used in this clause, means any commission, percentage, brokerage, or other fee that is contingent upon the success that a person or concern has in securing a Government contract.

  • Risk Management Fee means a value expressed in percentage per year, which forms the risk premium for the Issuer. The Initial Risk Management Fee for the First Trade Date is specified in § 1 of the Product and Underlying Data. The Calculation Agent adjusts the Risk Management Fee on each Adjustment Date acting in accordance with relevant market practice and in good faith to the current market circumstances so that the ratio of the Risk Management Fee to the relevant market parameters (especially volatility of the Underlying, liquidity of the Underlying, hedging costs and lending costs (if any)) remains substantially unchanged. The adjusted Risk Management Fee is valid during the period of the respective Adjustment Date (excluding) to the immediately following Adjustment Date (including). The Calculation Agent shall after its specification notify the valid Risk Management Fee in each case pursuant to § 6 of the General Conditions.

  • 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.

  • Arrangement Fee has the meaning specified in Section 2.05(a).

  • Hire Fee the hire fee specified in Item 13.

  • Contract Fee means the price, fee, rent, or royalty payable in a contract under this chapter or

  • Applicable Facility Fee means the percentage set forth in the table below corresponding to the Level at which the Ratings-Based Applicable Margin is determined in accordance with the definition thereof: 2 0.125 % 3 0.150 % 4 0.200 % 5 0.250 % 6 0.300 % Any change in the applicable Level at which the Ratings-Based Applicable Margin is determined shall result in a corresponding and simultaneous change in the Applicable Facility Fee.

  • Agency Fees On each order accepted by us for a Fund with a sales charge, we understand that you will charge your customer an agency commission or agency transaction fee ("agency fee") as set forth in the schedule of sales concessions and agency fees set forth in that Fund's Prospectus, as it may be amended from time to time. This fee shall be subject to the provisions of all terms set forth in the Prospectus for volume purchases and special plans and accounts (e.g. retirement plans, letter of intent, etc.). You will not receive from us a dealer's concession or similar allowance out of the sales charge. The agency fee will not exceed the maximum limits on sales charges specified in Rule 2830 of the Conduct Rules of the National Association of Securities Dealers, Inc. (the "NASD") regardless of whether you are a member of the NASD or not. You will not accept or withhold any fee otherwise allowed under the terms of this Agreement, for any shares purchased under this Agreement, if prohibited by the Employee Retirement Income Security Act or trust or similar laws to which you are subject, in the case of purchases or redemptions of Fund shares involving retirement plans, trusts or similar accounts. You may elect to make payments for Fund shares in either of two ways: (a) you may send us the public offering price for the Fund shares purchased less the amount of the agency fee due you, or (b) you or your customer may send us the entire public offering price for the Fund shares and we will, on a periodic basis, remit to you the agency fee due. You will specify in writing the method of payment you elect (See NOTICES AND COMMUNICATIONS Section below). If any shares sold to your customer under the terms of this Agreement are repurchased by the Fund or by us, or are tendered to a Fund for redemption or repurchase, within seven (7) business days after the date of the confirmation of the original purchase order, you will promptly refund to us the full agency fee paid or allowed to you on such shares. This Section shall not apply to the extent that you or your customer is qualified to buy, and is buying, shares at net asset value.

  • contingency fee means any payment or other compensation that is contingent upon or is calculated upon the basis of a degree of success in soliciting or obtaining a Government contract or negotiating the whole or any part of its terms;

  • Policy Payments Account means a separate special purpose trust account that is an Eligible Account, for the benefit of Holders of the Notes and the Credit Enhancer over which the Indenture Trustee has exclusive control and sole right of withdrawal.

  • Facility Fee has the meaning specified in Section 2.09(a).

  • Insurance Amount has the meaning set forth in Section 6.12(b).

  • Policy Schedule means a schedule attached to these Terms and Benefits, which sets out, among others, the Policy Effective Date, Renewal Date, the name and the relevant particulars of the Policy Holder and the Insured Person, the eligible benefits, premium and other relevant details in respect of these Terms and Benefits.

  • LPMI Fee With respect to each LPMI Loan, the portion of the Mortgage Interest Rate as set forth on the related Mortgage Loan Schedule (which shall be payable solely from the interest portion of Monthly Payments, Insurance Proceeds, Condemnation Proceeds or Liquidation Proceeds), which, during such period prior to the required cancellation of the LPMI Policy, shall be used to pay the premium due on the related LPMI Policy.

  • Policy Year means the period of time these Terms and Benefits are in force. The first Policy Year shall be the period from the Policy Effective Date to the day immediately preceding the first Renewal Date as specified in the Policy Schedule (both days inclusive) within one (1) year period; and each subsequent Policy Year shall be the one (1) year period from each Renewal Date.

  • Policy Date means the date on which the Search Report was prepared.

  • group insurance means blanket insurance and franchise insurance and any other forms of group insurance.

  • Placement Fee has the meaning given thereto in Section 2(a) hereof;

  • Origination Fee means any origination fee payable to the Department by the lender with respect to any Trust Student Loan.

  • policy of life insurance means any instrument by which the payment of money is assured on death (except death by accident only) or the happening of any contingency dependent on human life, or any instrument evidencing a contract which is subject to payment of premiums for a term dependent on human life;