Minimum Premium Sample Clauses

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Minimum Premium. 3, 4 Transfer limits ...................................
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Minimum Premium. There is a minimum $25 of total Premium required per insurance Policy.
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Minimum Premium. The Insured acknowledges, understands and agrees that, if the Insured terminates this Policy prior to the end of the applicable Policy Year, the Insured will owe an amount equal to (a) the monthly Premium Rate, as stated in Section
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Minimum Premium. There is a minimum $25 of total Premium required per insurance Policy. Rates: Premium rates are set annually based on historical losses of a select number of crops. Premium rates vary by land use, dryland versus irrigated. All Insurable Crops have the same premium rate regardless of where they are grown in the province. The Insured’s Premium is calculated by multiplying the dollar coverage by the Insured’s share of the premium rate and applying any applicable premium adjustments. Cost Share: Federal and provincial governments support AgriInsurance programs by paying all administration expenses and sharing premium costs with the Insured.
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Minimum Premium. As respects each contract year, the Company shall pay the Reinsurer Actual Premium as per D. below, but not less than the Minimum Premium which is equal to 16.67% of Gross Excess Limits Premium in respect of policies with limits attaching in respect of Coverage A or $1,500,000, whichever is greater.
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Related to Minimum Premium

  • Minimum Payment Overtime worked on a Saturday or Sunday will be paid for at the rate of double Ordinary Rates. Employees required to work on a Saturday or Sunday will be afforded a minimum 4 hours work, or be paid as if for 4 hours at the aforementioned overtime rates.

  • Minimum Payments (a) Where the employee is under 45 years of age, the employer shall pay the employee Less than 1 year Nil 1 year and less than 2 years 4 weeks pay 2 years and less than 3 years 7 weeks pay 3 years and less than 4 years 10 weeks pay 4 years and less than 5 years 12 weeks pay 5 years and less than 6 years 14 weeks pay 6 years and over 16 weeks pay. (b) Where the employee is 45 years of age or over, the employer shall pay the employee in accordance with the following scale: Less than 1 year Nil 1 year and less than 2 years 5 weeks pay 2 years and less than 3 years 8.75 weeks pay 3 years and less than 4 years 12.5 weeks pay 4 years and less than 5 years 15 weeks pay 5 years and less than 6 years 17.5 weeks pay 6 years and over 20 weeks pay

  • Shift Premium Effective July 1, 2020, an employee shall be paid a shift premium of ninety-five cents (95c/ ) per hour for each hour worked between 1500 hours and 0700 hours provided that such hours exceed two (2) hours if worked in conjunction with the day shift.

  • Overtime and Premium Pay A nurse shall be paid at the rate of one and one- half (1½) times the nurse’s regular hourly rate of pay for all hours worked in any one category listed below, including statutory overtime pay under 9.4.1 or premium pay under 9.4.2 through

  • Night Shift Premium All hours worked by an employee between ten (10:00) p.m. and seven (7:00) a.m. shall be considered as shift work and paid for at the applicable straight time/overtime rate plus two ($2.00) dollars per hour shift premium for each full hour worked during this period. Night-shift premium shall not be added to the employee’s hourly rate of pay for the purpose of computing overtime pay.