Prepaid Premium definition

Prepaid Premium means 5 times the Initial Annual Premium for a Designated Savings Plan (including its supplements, where applicable) paid upfront minus the Initial Annual Premium (including its supplements, where applicable) for the first Policy Year.
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Prepaid Premium means the amount specified as such in the Policy Schedule.
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Examples of Prepaid Premium in a sentence

  • This fee is not subject to earned commissions and, as such, is not considered part of the Total Prepaid Premium.

  • You may withdraw the Prepaid Premium and / or any interest thereon in accordance with our procedures.

  • The Federal Policy Fee must, however, be added to the Total Prepaid Premium in order to figure the Total Prepaid Amount.Under the Residential Condominium Building Association Policy, the Federal Policy Fee is based on the number of units.

  • The balance of any Prepaid Premium and / or interest thereon that is not withdrawn shall be automatically used to offset any premium due and payable which is not paid within the Grace Period.

  • Prepaid Premium clawback is permitted for the Prepaid Premium, subject to a clawback charge of USD 260, or 3.5% of claw back amount, whichever is higher.

  • The regional office may consult, at its discretion, with the central office or with EPA or other states to verify that the demand for additional information is reasonable.

  • The guaranteed preferential interest rate of 3.3% p.a. is applicable to the corresponding balance of the Prepaid Premium in the FPDA from the date when the Prepaid Premium is received in full and deposited into the FPDA until the end of the 4th Policy Year.

  • The Prepaid Premium required by the Booster 2 promotion will be deposited into the FPDA.

  • The State proposes that funds in lieu of the ACA small employer tax credit be passed through to the State to supplement the Prepaid Premium Supplementation Fund.

  • But data protection law is not solely about control and rights of individuals.

Related to Prepaid Premium

  • Prepayment Premium means, with respect to the Mortgage Loan, any prepayment premium, spread maintenance premium, yield maintenance premium or similar fee required to be paid in connection with a prepayment of the Mortgage Loan pursuant to the Mortgage Loan Documents, including any exit fee.

  • Buyers Premium means a Commission payable by The Buyer to the Auctioneer. The Auctioneer, when acting as Agent for The Seller, may also receive

  • Insurance Premium means the amount that each Debtor shall pay on a monthly basis to Agos pursuant to the relevant Consumer Loan Agreement, in relation to the insurance premium paid by Agos to the relevant Insurance Company under any Financed Insurance Policy.

  • Applicable Premium means, with respect to any Note on any redemption date, the greater of:

  • Regular Premium means the amount exclusive of applicable taxes, if any, payable by the Policyholder at regular intervals during the Premium Paying Term, in amount and at the Premium Payment Frequency, both, as specified in the Schedule.

  • Prepaid Rent means any payment of money to the landlord for a rent obligation not yet

  • Yield Maintenance Premium means the amount (if any) which, when added to the remaining principal amount of this Note, will be sufficient to purchase U.S. Obligations providing the required Scheduled Defeasance Payments; and

  • Redemption Premium means (i) in the case of the Events of Default described in Section 4(a)(i) - (vi) and (ix) - (xii), 125% or (ii) in the case of the Events of Default described in Section 4(a)(vii) - (viii), 100%.