Examples of Premium share in a sentence
Whenever SBA is notified of a decrease in the Contract or bond amount, SBA will refund to the Principal a proportionate amount of the Principal’s guarantee fee and re- bate to the Surety a proportionate amount of SBA’s Premium share in the ordinary course of business.
The Sur- ety must remit SBA’s Premium share and the Principal’s guarantee fee with the bordereau listing the related Final Bond, as required in the PSB Agree- ment.
If the Contract or bond amount is decreased, SBA will refund to the Principal a proportionate amount of the guarantee fee, and ad- just SBA’s Premium share accordingly in the ordinary course of business.
The 50% Premium share of the Government shall be deposited by the Authority in a specified head of account of the Government.
While the Institutional Premium share class for each target year of the Index suite charges a mere 8 basis points (0.08%), the K share class of the Active suite— which the Plan offers—has expense ratios ranging from 42 basis points (0.42%) to 65 basis points (0.65%).
The Investor Rights Agreement, as modified by this Amendment, and the documents referred to herein and therein constitute the entire agreement among the parties in respect of the subject matter hereof and thereof and no party shall be liable or bound to any other party in any manner by any warranties, representations or covenants except as specifically set forth herein or therein.
Higher fees significantly reduce retirement account balances over time.Considering just the gap in expense ratios from the Plan’s current investment in the Active suite to the Institutional Premium share class of the Index suite, in 2018 alone, the Plan could have saved approximately $1.68 million in costs.
For example, “[c]onsidering just the gap in expense ratios from the Plan’s investment in the Active suite to the Institutional Premium share class of the Index suite, in 2020 alone, the Plan could have saved approximately $4.83 million in costs.” Id. ¶ 76.The Active suite also has “miserable performance when measured against any of the other most widely utilized TDF offerings.” Id. ¶ 79.
Premium share payments shall be increased as follows: Year One (July 1, 2017 – June 30, 2018) = 14% Year Two (July 1, 2018 – June 30, 2019) = 15% Year Three (July 1, 2019 – June 30, 2020) = 15% Year Four (July 1, 2020 – June 30, 2021) = 16% Section 2b.
Considering just the gap in expense ratios from the Plan’s investment in the Active suite to the Institutional Premium share class of the Index suite, in 2020 alone, the Plan could have saved approximately $3.15 million in costs.