Schedule of Premiums Clause Samples

The "Schedule of Premiums" clause defines the timing, amount, and method of payment for premiums required under an insurance policy or contract. It typically outlines when each premium payment is due, the frequency of payments (such as monthly, quarterly, or annually), and may specify acceptable payment methods. For example, it might state that premiums must be paid on the first of each month via electronic transfer. This clause ensures both parties are clear on payment expectations, reducing the risk of missed payments and potential lapses in coverage.
Schedule of Premiums. The Borrower shall cause the Servicer to provide a schedule of Premiums due during the following twelve (12) month period on or prior to the Calculation Date with respect to each Distribution Date.
View SourceView Similar (9)

Related to Schedule of Premiums

  • Schedule of Payments The City shall pay the Company and amount of $75,000.00 within 60 days after the Company has complied with all of the conditions in Section 2(a) (Prerequisites to Payments).

  • Brokers; Schedule of Fees and Expenses Except for those brokers as to which the Company and Parent shall be solely responsible, no broker, investment banker, financial advisor or other person is entitled to any broker’s, finder’s, financial advisor’s or other similar fee or commission in connection with the Transactions based upon arrangements made by or on behalf of the Company.

  • Schedule of Fees Resident Site Staff SF ZZ (A) The RSS on-cost rates are: Collective rank of RSS directly employed by the Consultants or Government staff posted to the Consultants by the Employer RSS on-cost rate of each collective rank ($/man-month)

  • Schedule of Rates and Charges Any subconsultant rates and charges set forth in the Schedule of Rates and Charges must be the subconsultant’s actual rates and charges exclusive of any markup. The City will compensate the Consultant in accordance with those rates and charges.

  • Schedule of Rates The specific rates and costs applicable to this Agreement are set forth in Exhibit B – Schedule of Rates, which is attached hereto and incorporated herein by reference as if set forth in full.