Premium Percentage definition

Premium Percentage. As defined in the Insurance Agreement.
Premium Percentage. As to any Distribution Date, the percentage calculated by dividing the Premium Payment (determined without regard to clause (ii) of the definition thereof) by the sum of (a) the Class A Interest Accrual Amount (determined without regard to clause (ii) of the definition of each Interest Accrual Amount) and (b) the Premium Payment (determined without regard to clause (ii) of the definition of Premium Payment).

Examples of Premium Percentage in a sentence

  • ITEM 6 DISCOVERY PERIOD: Additional Premium Percentage: 100% of the annualized premium Additional Months: 12 months(If exercised in accordance with section VI.

  • In addition, after the Class B Principal Balance has been reduced to zero, the interest portion of Realized Losses (other than Excess Special Hazard Losses, Excess Fraud Losses and Excess Bankruptcy Losses) will be allocated among the outstanding Classes of Class A Certificates and the Premium Payment based on their Class A Interest Percentages and the Premium Percentage, as the case may be.

  • The Transferors shall also have the option of increasing, reducing or withdrawing the Premium Percentage, at any time and from time to time, on and after such Premium Option Date.

  • Any such loss allocated to the Class A Certificates and the Premium Payment shall be allocated among the outstanding Classes of Class A Certificates and the Premium Payment based on their Class A Interest Percentages and the Premium Percentage, as the case may be.

  • If a Trigger Event occurs, the Parties shall negotiate in good faith to agree on a revised Applicable Premium Percentage that shall become effective immediately and shall not be lower than the Benchmark Fee Rate for the previous fiscal year.


More Definitions of Premium Percentage

Premium Percentage means 115%.
Premium Percentage. The per annum rate at which the premium due to the Certificate Insurer accrues, as set forth in the Premium Letter.
Premium Percentage means the percentage, if any, designated from time to time by the Transferors pursuant to Section 2.13.
Premium Percentage shall have the meaning ascribed to such term in Section 3.02 hereof.
Premium Percentage means 120%.
Premium Percentage shall have the meaning set forth in the Policy Fee Letter.
Premium Percentage means 0.08% per annum.