Premium Costs definition

Premium Costs means those costs incurred by GLPL in order to maintain or advance the Ready for Service Date, including, but not limited to, additional amounts expended for materials or services due to short time- frame for delivery; and the difference between having GLPL's employees, agents and contractors perform work on overtime as opposed to during normal business hours.
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Premium Costs means the costs paid to the Private Developing Entity as compensation for the added Risks transferred to them under the Partnership Agreement.
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Premium Costs means those costs incurred by Hydro One in order to maintain or advance the Ready for Service Date, including, but not limited to, additional amounts expended for materials or services due to short time-frame for delivery; and the difference between having Hydro One’s employees, agents and contractors perform work on overtime as opposed to during normal business hours.
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Examples of Premium Costs in a sentence

  • Premium Costs are defined as dollar amounts paid to a Contractor for non-value added work.

  • Premium Costs: Company paid Termination: earlier of age 65 or retirement.

  • Should the Premium Cost payment made in Years 1, 2 and/or 3, respectively, exceed the invoiced premiums paid by TC Ravenswood for Fuel Oil burned in furtherance of G.2 in Years 1, 2, and/or 3, respectively, by more than $25,000, TC Ravenswood shall reimburse the NYISO for the total excess of the Premium Costs paid over the invoiced premiums.

  • Notwithstanding the foregoing, the aggregate Consulting Fees paid hereunder shall not exceed 150% of the estimated aggregate Insurance Premium Costs for the Consulting Period, as estimated at the commencement of the Consulting Period.

  • For the purposes hereof “Employer’s Share” shall mean an amount equal to the percentage of the Insurance Premium Costs payable by the Corporation in respect of executive employees in accordance with the terms of the Insurance Plans as in effect from time-to-time.

  • Each year, the monthly premium cost sharing calculation shall be computed using the prior year Total Monthly Premium Cost to determine the increase in the actual Total Monthly Premium Cost on a per tier basis over the prior year’s actual Total Monthly Premium Costs.

  • The cost of such insurance maintained by Landlord shall be paid by Tenant to Landlord, as additional rent hereunder (together with the cost of the other Landlord insurances described herein being referred to as "Insurance Premium Costs"), as provided in Section 10(f).

  • Real Property Taxes, Insurance Premium Costs and other expenses, if any, otherwise payable, for the next 12-month period.

  • Use of Dividends or Refunds to Reduce the Employees' Share of Premium Costs, March 26, l966.

  • Each year the monthly premium cost sharing calculation for the “Core” Plan shall be computed using the prior year Total Monthly Premium Cost to determine the increase in the actual Total Monthly Premium Cost on a per tier basis over the prior year’s actual Total Monthly Premium Costs.

Related to Premium Costs

  • 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:

  • Premium Loading means the additional premium on top of the Standard Premium charged by the Company to the Policy Holder according to the additional risk assessed for the Insured Person.

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

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

  • Related Expenses means any and all costs, liabilities, and expenses (including, without limitation, losses, damages, penalties, claims, actions, reasonable attorney's fees, legal expenses, judgments, suits and disbursements) reasonably incurred by, or imposed upon, or asserted against, Lender in any attempt by Lender: