Premium Increase definition

Premium Increase shall have the meaning set forth in Section 13.06(b).
View Source
Premium Increase has the meaning set forth in Paragraph 10.4(d), above.
View Source
Premium Increase has the meaning given to it in the Collateral and Premium Adjustment Article.
View Source

Examples of Premium Increase in a sentence

  • Premium Increase Due to Tax or Other Charge If a government agency or other taxing authority imposes or increases a tax or other charge (excluding a tax on or measured by net income) upon Health Plan or any of its contracting providers (or any of their activities), then beginning on the effective date of that tax or charge, the Health Plan may calculate the Group’s Premium to include the Group’s share of the new or increased tax or charge, subject to regulatory approval where required.

  • Without limiting the generality of the foregoing, Sellers will cause each Target to pursue any premium rate increase filings currently pending before any Insurance Regulator, and to make new premium rate increase filings with Insurance Regulators, in the Ordinary Course of Business; provided that the Targets shall not agree to any Premium Increase Related Commitment without the prior written consent of Buyer.

  • Extraordinary Premium Increase An increase of more than 30% of the total actual premiums for insurance policies referred to in Schedule 11 (Insurance) due as compared to the total indicative premiums for the insurance as referred to in Schedule 11, indexed according to the Consumer Price Index as published by the Statistics Netherlands (CBS), that is the result of general circumstances in the international insurance market and not the result of the acts or omissions of the Contractor.

  • If an Extraordinary Premium Increase no longer exists, the Contractor must so inform the Contracting Authority within 5 Working Days.

  • Insurance Premium Increase shall constitute a separate expense category from Operating Expense Increase.

  • If the risk can be insured again under commercially acceptableterms, but an Extraordinary Premium Increase occurs with respect to that risk, the provisions of paragraph (a) apply.

  • The Contractor shall then continue to bear the risks covered by the insurance taken out by the Contractor that was subject to the Extraordinary Premium Increase.

  • If, based on the Final Closing Balance Sheet and/or associated calculations as finally determined pursuant to Section 2.3(b) or 2.3(c), there is a Closing Book Value Surplus, a Closing Book Value Deficit, a Closing Premium Increase Amount, and/or a Closing Premium Decrease Amount, then the parties shall make an adjustment for the net amount thereof plus interest from the Closing Date to the date of payment as set forth below.

  • As of the date on which the Extraordinary Premium Increase no longer exists, the Parties shall terminate any arrangement established according to the provisions of paragraph (a) under (i).

  • In such instances, the Contractor shall continue to bear the risks against which it has purchased insurance coverage with respect to which there has been an Extraordinary Premium Increase.

Related to Premium Increase

  • CPI Increase means the percentage increase in CPI over the preceding Lease Year as calculated by the fraction whose numerator is (a) the most current CPI available on the date of calculation minus (b) the most current CPI available on the first day of the immediately preceding Lease Year in question (the “Base CPI”), and whose denominator is the Base CPI, but in no event shall the “CPI Increase” be less than zero.

  • Value Increase shall have the meaning ascribed to it in Section 2.4(d)(i).

  • Annual increase means, initially, fifty-nine cents per month

  • Incremental Revolving Increase has the meaning set forth in Section 2.16(a).

  • Overcollateralization Increase Amount With respect to any Distribution Date, the lesser of (a) the Overcollateralization Deficiency Amount as of such Distribution Date and (b) the Net Monthly Excess Cashflow for such Distribution Date.