Premium Fee definition

Premium Fee has the meaning provided in Section 2.04.
View Source
Premium Fee. [terms of premium fee redacted];
View Source
Premium Fee has the meaning provided in SECTION 2.04.
View Source

Examples of Premium Fee in a sentence

  • To facilitate this payment, the Contractor shall provide the Department with the Insurer’s Premium Fee assessment received from the Federal Government and the pro rata portion attributed to the Contractor’s Capitation Payments under its Contract(s) for the preceding calendar year if available.

  • From and after such termination, the Fund shall have no obligation to pay the Premium Fee (except as to amounts thereof accrued on a daily interpolated basis prior to such termination), and the Insurer shall have no liability under the Policy.

  • The sole remedies that the Insurer shall have against the Fund in the event of such a breach shall be (x) to pursue a claim against the Fund for failure to pay the Premium Fee, if the breach hereof is the Fund's failure to pay the Premium Fee in accordance with Section 2.04, and (y) to exercise the Insurer's rights and remedies with respect to a Trigger Event as expressly set forth in Section 4.01(c) and Section 4.01(d).

  • The Insurer shall have no claim against the Fund hereunder for any breach hereof that did not arise out of (i) the failure of the Fund to pay the Premium Fee in accordance with Section 2.04, or (ii) the willful misconduct of the Fund.

  • If Radient or its Affiliates perform the Services or services that are substantially similar to the Services for a third party, then Radient shall charge such third party a fee for the services equal to or greater than the Premium Fee.

  • In consideration of the issuance by the Insurer of the Policy, the Fund shall pay to the Insurer a fee in an amount equal to .75% per annum of the average daily net assets of the Fund during each calendar month in the Guarantee Period (the "Premium Fee"), payable monthly in arrears on the tenth Business Day of the following calendar month with a final payment on the Guarantee Maturity Date (each a "Premium Payment Date").

  • For clarity, Radient and its Affiliates shall not process any form of cannabis, including, but not limited to hemp, in any manner for any party located the Territory, or any party that exports cannabis, including, but not limited to hemp, to any jurisdiction in the Territory, without charging such third party a fee equal to or greater than the Premium Fee.

  • For example, if the Resident pays a Respite Premium Fee of $25.00 to the standard room rate for a Respite Stay of 10 days, the Resident will receive a Respite Premium credit of $250 towards the Move-in Fee.

  • Resident’s Move-In Fee shall be credited by the amount of the Respite Premium Fee paid over the course of the Respite stay, up to the full amount of the Move-in Fee.

  • Without limiting the generality of the foregoing, Radient, shall not accept a retainer to provide, or in fact provide, to any party that is located within the Territory or exports any form of cannabis to any jurisdiction in the Territory, services that are the same or substantially similar to the Services provided to Aurora hereunder unless a fee equal to or greater than the Premium Fee is charged to such third party.

Related to Premium Fee

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

  • Premium Payment Date in respect of any Option, means the date on which the Premium is due and payable, as agreed to at the time the Option is entered into, as evidenced in a Confirmation.

  • 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 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.

  • 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 Amount The amount of premium due to the Note Insurer in accordance with the terms of the Insurance Agreement.