Premium Charges definition

Premium Charges. The monthly rates set by us as consideration for the benefits offered in this plan. Prescription: A written prescription or oral request for Prescription Drugs issued by a Provider who is licensed to prescribe medications. Prescription Drug: Medications and biological products that relate directly to the treatment of an Illness or Injury, which legally cannot be dispensed without a Prescription and by law must bear the legend: “Caution: Federal law prohibits dispensing without a prescription.” These drugs, including off-label use of FDA-approved drugs (provided that such use is documented to be effective in one of the standard reference compendia; a majority of well-designed clinical trials published in peer-reviewed medical literature document improved efficacy
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Premium Charges. The monthly rates set by us as consideration for the benefits offered in this plan. Prescription: A written prescription or oral request for Prescription Drugs issued by a Provider who is licensed to prescribe medications.
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Examples of Premium Charges in a sentence

  • Agreement Value Charges includes Basic Cost & all other Premium Charges (if any).

  • Agreement Value Charges includes Basic Cost & a l other Premium Charges (if any).

  • All Force Majeure Premium Charges will be invoiced and payable in accordance UNC TPD Section S.

  • Termination or nonrenewal of this Agreement for non-payment will be effective after the expiration of the grace period.Cancellations, Rescissions, or Nonrenewal for Reasons Other than Nonpayment of Premiums: Cancellations, Rescissions or Nonrenewal means a cancellation or discontinuance of coverage for any reason other than your Employer’s nonpayment of Premium Charges.

  • In all instances, including those situations described below, coverage for a Subscriber's Family Members terminates as of the date that coverage for the Subscriber terminates.Cancellations or Nonrenewal for Nonpayment of Premium Charges.

  • A thirty (30) day Notice of Start of Grace Period shall be issued to your Employer and will allow for the payment of any Premium Charges.Before cancelling or not renewing your group contract coverage due to your Employer’s failure to pay Premium Charges, Beacon of California will continue to provide coverage pursuant to the terms of this Agreement, including paying for covered services received during the thirty (30) calendar-day grace period.

  • Beacon of California may terminate the Agreement if your Employer fails to pay Premium Charges as they become due, by giving prior written notice of cancellation or nonrenewal of the Subscriber Group Agreement.

  • If your Employer fails to pay Premium Charges due during the grace period, this Agreement will be cancelled after the expiration of the grace period.Termination Notice: Beacon of California will notify your Employer when Beacon of California cancels or does not renew the Group coverage by sending a Notice of End of Coverage to your Employer confirming Termination of Coverage.

  • The Policy Administration Charge, the Mortality Charges and the Rider Premium Charges, if any, will be recovered monthly at Monthly Due Dates by the redemption of Units at the prevailing Unit Price.

  • Premium Charges are Delivered and Received Delivery and receipt of premium charges as prescribed in Paragraph 2 of the preceding rule may be conducted during a period from the day of lending to a day immediately prior to the day of return of the security or repayment of borrowed money.

Related to Premium Charges

  • Premium surcharge means a payment required from a subscriber, in addition to the subscriber's medical premium contribution, due to an enrollee's tobacco use or an enrolled subscriber's spouse or state registered domestic partner choosing not to enroll in their employer- based group medical when:

  • Track Charges means the charges payable by or on behalf of the Train Operator to Network Rail, as set out in paragraph 1 of Part 2 of Schedule 7 or under the Traction Electricity Rules;

  • SLDC Charges means the charges levied by the SLDC of the state wherein the Solar Power Project is located;

  • Monthly Charges means a finance carrying charge of one and one-half of one percent (1.5%) and a storage and handling charge of one-half of one percent (0.5%), in each case of the Cost of the Inventory and/or Special Inventory and/or of the fees for the Product affected by the reschedule or cancellation (as applicable) per month until such Inventory and/or Special Inventory and/or Product is returned to the vendor, used to manufacture Product or is otherwise purchased by Customer.

  • Service Charges means the fees levied by the municipality in terms of its tariff policy for any municipal services rendered in respect of an immovable property and includes any penalties, interest or surcharges levied or imposed in terms of this policy.

  • Premium Due Date means date specified in the Schedule on which the Instalment Premium will become due.

  • Premium tax means a tax paid by insurance companies to provincial and territorial governments calculated as a percentage of gross premiums written.

  • CCAA Charges means the Administration Charge and the Directors’ Charge;

  • Contract Charges means charges that accrue during a given month as defined in Article III. “Contract Term” is defined in Article IV.

  • Insurance Premiums shall have the meaning set forth in Section 6.1(b) hereof.

  • Maintenance Charges means the charges payable by the applicant to the Maintenance Agency in accordance with the demand raised by the Maintenance Agency for the maintenance and up keep of the said building/ said complex, including common areas and facilities but does not include; (a) the charges for actual consumption of utilities in the Dwelling Unit including but not limited to electricity, water, which shall be charged based on actual consumption on monthly basis and (b) any statutory payments, taxes, with regard to the Dwelling Unit/ said building/said complex.

  • Premiums means premiums, considerations, deposits and similar receipts with respect to the Policies or Post-Closing Policies.

  • User Charges means a charge made to airlines by a service provider for the provision of airport, airport environmental, air navigation and aviation security facilities and services.

  • Debt Service Charges means for any Measurement Period, the sum of (a) Consolidated Interest Charges required to be paid for such Measurement Period, plus (b) regularly scheduled principal payments required to be made on account of Indebtedness (excluding the Obligations and any Synthetic Lease Obligations and Capital Lease Obligations) for such Measurement Period, in each case determined on a Consolidated basis in accordance with GAAP.

  • Insurance Premium means the amount that each Debtor shall pay on a monthly basis to Agos pursuant to the relevant Consumer Loan Agreement, in relation to the insurance premium paid by Agos to the relevant Insurance Company under any Financed Insurance Policy.

  • Bond Service Charges means, for any period or payable at any time, the principal of, premium, if any, and interest on the Bonds for that period or payable at that time whether due at maturity or upon redemption, Mandatory Tender or acceleration.

  • Debt charges means the principal, including any mandatory sinking fund deposits and mandatory redemption payments, interest, and any redemption premium, payable on securities as those payments come due and are payable. The use of "debt charges" for this purpose does not imply that any particular securities constitute debt within the meaning of the Ohio Constitution or other laws.

  • Default Charges Default Interest and/or late payment charges that are paid or payable, as the context may require, in respect of any Mortgage Loan or Serviced Pari Passu Companion Loan or REO Mortgage Loan.

  • Prepayment Charges Any prepayment premium or charge payable by a Mortgagor in connection with any Principal Prepayment on a Mortgage Loan pursuant to the terms of the related Mortgage Note or Mortgage, as applicable.

  • Usage Charges means the Charges for the Service or applicable part of the Service that are calculated by multiplying the volume of units that the Customer used or incurred in a period (e.g. number of users using the Service, or the number of minutes the Service was used for) with the relevant fee that is specified in the Online Order.

  • Water Charges means service charges in respect of the provision of water.

  • Premium pay Per the statute, recipients have broad latitude to designate critical infrastructure sectors and make grants to third-party employers for the purpose of providing premium pay or otherwise respond to essential workers. While the interim final rule generally preserves the flexibility in the statute, it does add a requirement that recipients give written justification in the case that premium pay would increase a worker’s annual pay above a certain threshold. To set this threshold, Treasury analyzed data Federal Register / Vol. 86, No. 93 / Monday, May 17, 2021 / Rules and Regulations 26817 from the Bureau of Labor Statistics to determine a level that would not require further justification for premium pay to the vast majority of essential workers, while requiring higher scrutiny for provision of premium pay to higher- earners who, even without premium pay, would likely have greater personal financial resources to cope with the effects of the pandemic. Treasury believes the threshold in the interim final rule strikes the appropriate balance between preserving flexibility and helping encourage use of these resources to help those in greatest need. The interim final rule also requires that eligible workers have regular in-person interactions or regular physical handling of items that were also handled by others. This requirement will also help encourage use of financial resources for those who have endured the heightened risk of performing essential work.

  • Minimum Charge means the higher of the rate minimum and the rate applied to the Contracted Minimum Demand;

  • Insurance Costs means the sums described in paragraph 1.1 of Part 5 of the Schedule;

  • Hire Charges means the rates and charges payable by You for the hire of the Equipment.

  • Total Service Charges means all charges, after application of all discounts and credits, for Services excluding Taxes, Governmental Charges, equipment, Company ILEC, Company Wireless, Document Delivery Fax, non-recurring, goods and services acquired by Company as Customer’s agent, international pass-through access (Type 3/PTT) and charges for international access or provided by Company (Type 1), charges for security services provided by Cybertrust, Inc. or its affiliates set forth in the Guide as providers of Cybertrust security services and other charges expressly excluded by this Agreement.