Premium Payment means $10 000 000 being the amount determined by the Treasurer of the State under section 112A of the Casino Control Act as the amount payable by the Company under this document;

Premium Payment. As to any Distribution Date, (i) the product of (a) 1/12th of 0.060% and (b) the Class A Principal Balance of the Class A-3 Certificates as of the Determination Date immediately preceding such Distribution Date minus (ii) the Premium Percentage of (x) any Non-Supported Interest Shortfall allocated to the Class A Certificates and the Premium Payment with respect to such Distribution Date, (y) the interest portion of any Excess Special Hazard Losses, Excess Fraud Losses and Excess Bankruptcy Losses allocated to the Class A Certificates and the Premium Payment with respect to such Distribution Date pursuant to Section 4.02(e) and (z) the interest portion of any Realized Losses (other than Excess Special Hazard Losses, Excess Fraud Losses and Excess Bankruptcy Losses) allocated to the Class A Certificates and the Premium Payment on or after the Cross-Over Date pursuant to Section 4.02(e). The Premium Payment will be an expense of the REMIC.

Premium Payment. For any Distribution Date, the product of 1/12th of 0.08% and the Class Certificate Balance of the Class 1-A-3 Certificates for such Distribution Date prior to any distributions therein.

Examples of Premium Payment in a sentence

Employees will contribute a percentage of the combined cost of health and dental insurance premiums for the coverage selected up to the following maximum amounts during the life of this Agreement as set forth below: Effective Date Monthly Premium Payment July 1, 2023, until termination of this agreement 13% of the combined monthly dental and group health premiums.
The Employer will maintain a Flexible Benefits Plan to provide Employee Health Coverage Premium Payment, Healthcare Flexible Spending Account, and/or Dependent Care Flexible Spending Account as elected by participating employees.
Processing Services Associated Fees Monthly Reconciliation* Medication Claim Transaction Fee (Fees, per each prescription claim submitted, to include cost of medication dispensed, and processing fees) $3.20/per approved claim $12,800.00 Premium Payment Fee $14.30 per member/per month *Xxxxxxx shall reconcile claims on a monthly basis where the higher of either the monthly per claim fees or the monthly administration fee amount of $12,800.00 will be charged.
The services to administer Premium Payment shall be submitted as a per member per month fee.
The Employer will maintain a Flexible Benefits Plan to provide Employee Health Coverage Premium Payment, Supplemental Medical Expense Reimbursement and/or Dependent Care Expense Reimbursement as elected by participating employees.

More Definitions of Premium Payment

Premium Payment means the actual receipt of cash funds by us.

Premium Payment has the meaning given to it in Clause 3.2;

Premium Payment means, in respect of an Option, the Premium multiplied by the Tender Capacity for one Day, multiplied by the number of Permitted Exercise Days, in each case in respect of that Option, such Premium Payment being the sum specified as such in the relevant Tender Acceptance;

Premium Payment shall have the meaning ascribed to it in Section 8.1(a).

Premium Payment. As to any Distribution Date, (i) the product of (a) 1/12th of 0.100% and (b) the Principal Balance of the Class A-3 Certificates as of the Determination Date immediately preceding such Distribution Date minus (ii) the Premium Percentage of (a) any Non-Supported Interest Shortfall allocated to the Class A Certificates and the Premium Payment with respect to such Distribution Date, (b) any Relief Act Shortfall allocated to the Class A Certificates and the Premium Payment with respect to such Distribution Date and (c) on or after the Subordination Depletion Date, the interest portion of any Realized Losses allocated to the Class A Certificates and the Premium Payment with respect to such Distribution Date.

Premium Payment. As to any Distribution Date, (i) the product of (a) 1/12th of 0.08% and (b) the Class A Subclass Principal Balance of the Class A-10 Certificates as of the Determination Date immediately preceding such Distribution Date minus (ii) the Premium Percentage of (x) any Non-Supported Interest Shortfall allocated to the Class A Certificates with respect to such Distribution Date, (y) the interest portion of any Excess Special Hazard Losses, Excess Fraud Losses and Excess Bankruptcy Losses allocated to the Class A Certificates and Financial Security with respect to such Distribution Date pursuant to Section 4.02(e) and (z) the interest portion of any Realized Losses (other than Excess Special Hazard Losses, Excess Fraud Losses and Excess Bankruptcy Losses) allocated to the Class A Certificates and Financial Security on or after the Cross-Over Date pursuant to Section 4.02(e). The Premium Payment will be an expense of the Lower-Tier REMIC.

Premium Payment. The amount shown on the Contract Data Page paid to the Company for the purchase of this Contract.