Premium Payment Schedule definition

Premium Payment Schedule has the meaning set forth in the Servicing Agreement.
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Premium Payment Schedule means, with respect to each Pledged Policy, a written schedule of premium payments to be made in respect of such Pledged Policy (including the dates upon which such payments are due to the applicable Issuing Insurance Company), which schedule shall be prepared by Servicer per the directed or agreed upon optimization parameters in accordance with the Servicing Standard in order to pay the applicable Premiums, which may be updated from time to time by Servicer with the consent of the Administrative Agent.
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Premium Payment Schedule means the premium payment schedule which the Lender is required to obtain from the Scheme Website setting out the due dates and amounts of each payment of the Scheme Guarantee Premium in respect of a Scheme Facility, as amended, varied, supplemented or replaced from time to time (provided that any such notification shall not have retrospective effect and if such a notification is made part way through an Annual Scheme Period and relates to that Annual Scheme Period then the revised types of Eligible Facilities so notified and which the Lender is permitted to make available shall only have effect on or following the date specified in such notice (which such date cannot precede the date of the notice));
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Examples of Premium Payment Schedule in a sentence

  • The ideal proposal would carry forward the core elements of the work of both previously funded initiatives that have shown positive or promising outcomes.

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  • To the extent that the then current Insurance Policy year's dividend exceeds the Basic Annual Premium, such amount, if paid in cash in accordance with the Premium Payment Schedule or Trustee's Payment Schedule attached hereto, shall be payable to the Company to be applied in accordance with Paragraph 2.4(b).

  • Insurance Premium Payment Schedule Type of PremiumScheduled PaymentMedicaid Purchase Plan (MAPP)3rd or 4th Thursday of the month prior tothe month of coverage.Monthly premiums for:Marketplace plans, other individual plans, and COBRA policies2nd Thursday of the month prior to the month of coverage.Medicare Part D Prescription Drug PlansPaid annuallyQuarterly premiums3rd Thursday of the month prior to thequarter of coverage.Reimbursement for employer-basedcoverageWeekly as needed.

Related to Premium Payment Schedule

  • Premium payment plan means a benefit plan whereby state and

  • Payment Schedule ’ means a schedule which sets out—

  • 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.

  • Repayment Schedule means the schedule of Repayment Instalments in the agreed inserted into this Agreement in accordance with Clause 6.1 (Repayment) as Schedule 1 (Repayment Schedule), and as replaced from time to time pursuant to Clause 6.4;

  • Premium Payment Term means the term specified in the Schedule, during which the Premiums are payable by You;

  • 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.

  • Additional Payment is as defined in Section 6 of the Agreement.

  • Early Payment Date (k means the "Early Payment Date (k)" as specified in § 1 of the Product and Underlying Data.

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

  • Disbursement Schedule means the disbursement schedule as set out in an FAA;

  • Final Payment Date means the "Final Payment Date" as specified in § 1 of the Product and Underlying Data.

  • Scheduled Final Payment Date means, with respect to the Storm Recovery Bonds, the date with respect to each tranche when all interest and principal is scheduled to be paid in accordance with the Expected Sinking Fund Schedule, as specified in the Series Supplement. For the avoidance of doubt, the Scheduled Final Payment Date shall be the last Scheduled Payment Date set forth in the Expected Sinking Fund Schedule. The “last Scheduled Final Payment Date” means the Scheduled Final Payment Date of the latest maturing Tranche of Storm Recovery Bonds.

  • Payment Cap For each Mortgage Loan, the percentage limit set forth in the related Mortgage Note concerning the maximum permitted increase in a monthly payment.

  • Lump Sum Payment means, collectively, the lump-sum payments that may be payable to Executive pursuant to the first sentence of Subsection 6(b)(iii) and pursuant to Subsection 6(c)(ii)(B).

  • Quarterly Payment Dates means each March 31, June 30, September 30 and December 31.

  • Payment Due Date means the date by which the Date of Payment must occur, in accordance with the provisions of Sections 504.3 through 504.5 of this Exhibit, in order for NYSERDA not to be liable for interest pursuant to Section 504.6.

  • Quarterly Payment Date means the last Business Day of each March, June, September and December.

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Interim Payment has the meaning specified in Section 10.1.

  • Equipment Schedule means (a) each Equipment Schedule attached to the applicable Requisition and (b) each Equipment Schedule attached to the applicable Lease Supplement.

  • Expected Final Payment Date means, with respect to each Series or, if applicable, each Class of Securitization Bonds, the date when all interest and principal is scheduled to be paid with respect to that Series or Class in accordance with the Expected Amortization Schedule, as specified in the Series Supplement therefor.

  • Early Termination Schedule is defined in Section 4.2 of this Agreement.

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • Legal Final Payment Date means the one-year anniversary of the Expected Final Payment Date.

  • Loss Payment Date has the meaning specified in Section 7.05(a) of the Indenture.