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Cost of Premiums Sample Clauses

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Cost of Premiums.ÌýThe Employer and the employee shall split the overall cost of the premiums for the benefits noted in Articles 31.3 and 31.6 on an equal basis (except for the Employee Assistance Plan which is paid 100% by the Employer) if the employee has less than four years continuous flextime service. The ratio will change to 60% Employer, 40% employee (effective April 1, 2018 70% Employer, 30% employee) for those employees with more than four years continuous full-time service (or equivalent for part-time employees, i.e., eight years half-time service). The premium cost for all benefits which may be added in the future shall be split on the same basis as described in this paragraph except if otherwise agreed.
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Cost of Premiums.ÌýThe cost of the premiums shall be borne by the Employer until Counsel’s sixty-fifth (65th) birthday.
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Cost of Premiums.ÌýThe cost of premiums for all insurance obtained pursuant to this Section 4.14 and of Section 4.3 shall be a start-up expense or Operating Expense, as appropriate.
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Cost of Premiums.ÌýThe Employer will continue to pay the same share of the cost of providing the insurance plans described in Section 13.A on the same basis and subject to the same terms, conditions, and changes as other employees and managers. The Employer will be obligated to make such payments as long as an employee receives compensation, including PTO, directly from the Employer for at least one hundred thirty (130) hours in a calendar month.
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Cost of Premiums.ÌýContractor shall bear responsibility for payment of all premiums for all insurance coverages required pursuant to this Article 14.
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Related to Cost of Premiums

  • Payment of Premiums Each Borrower shall punctually pay all premiums or other sums payable in respect of the obligatory insurances effected by it and produce all relevant receipts when so required by the Security Trustee.

  • Payment of Premium Unless otherwise agreed in writing by the Parties, the Buyer shall be obligated to pay the Premium related to an Option no later than its Premium Payment Date.

  • Allocation of Premiums No premium shall be paid under the Bond unless the Board of Trustees of the Trust, including a majority of those Trustees who are not “interested personsâ€� of the Trust as defined by Section 2(a)(19) of the 1940 Act, shall approve the portion of the premium to be paid by the Trust, on behalf of each Fund. The premium payable on the Bond shall be allocated between the Trust and the Manager as determined by the Board of Trustees of the Trust.

  • Insurance Premiums Tenant shall pay or cause to be paid all premiums for the insurance coverage required to be maintained pursuant to Article 9.

  • Maintenance of Premises The Tenant shall at all times during the Term of this Lease, at its sole cost and expense, well, properly and sufficiently repair, maintain and keep the Leased Premises with the appurtenances (including, without restricting the generality of the foregoing, signs and inside and outside plate glass windows and doors, including all overhead or exterior doors to be installed) in good and substantial repair and shall repair, maintain and replace all fixtures and things which at any time during the Term of this Lease are located or erected in or upon the Lease Premises, such repair, maintenance and replacement to be made by the Tenant when, where and so often as need shall be, except for: (a) repairs required to be made by the Landlord pursuant to the provisions of Clause 4.01 hereof; and (b) reasonable wear and tear; Unless such excepted repairs are necessitated by the acts or omissions of the Tenant, its agents, employees, invitees or licensees. The cost of any repair or replacement required to be made of the Leased Premises as a result of any act or omission of the Tenant, its employees, servants, agents or licensees shall be paid in full by the Tenant. Provided further, notwithstanding anything to the contrary herein contained, the Tenant shall make all repairs and replacements to the Leased Premises made necessary by reason of burglary or attempted burglary. (c) It is understood that the Tenant will organize maintenance for the grounds and maintenance to keep all sidewalks, roadways and parking areas bordering on the Building free of ice and snow and the grass, if any, fronting the Building, cut and properly cared for. All contracts for this maintenance are to be approved by the Landlord in writing and the Tenant will be charged back their proportionate share of these costs as Operating Costs. Any maintenance costs which are shared with other tenants must have prior written approval from the Landlord.