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1 <br /> <br /> 3 <br /> <br /> 5 <br /> <br /> 7 <br /> <br /> 9 <br /> <br /> 11 <br /> <br />13 <br /> <br /> 15 <br /> <br />17 <br /> <br /> 19 <br /> <br />21 <br /> <br />23 <br /> <br />25 <br /> <br />27 <br /> <br />29 <br /> <br />31 <br /> <br />33 <br /> <br />35 <br /> <br />37 <br /> <br />39 <br /> <br />41 <br /> <br />43 <br /> <br />45 <br /> <br />47 <br /> <br />49 <br /> <br />third Coverage Periods in any Actuary's report shall be <br />superseded by Actuary reports covering such Coverage Periods <br />prepared in subsequent years, except with respect to <br />Participants who have given notice of withdrawal pursuant to <br />Section 6.2 hereof. With respect to a Participant which has <br />given notice of intent to withdraw: the Pure Premium Rates <br />applicable for the two remaining Coverage Periods prior to the <br />effective date of withdrawal shall be based upon the Pure <br />Premium Rates which were determined in the Coverage Period <br />preceding the Coverage Period in which such notice was given. <br /> <br /> Absent computational error, the calculation of such Pure <br />Premium shall be final and conclusive of the amounts due and <br />owing under this subsection. <br /> <br />SECTION 4.5 Pure Premium Adjustments. <br /> <br /> (a) Consideration. Pure Premium Adjustments due in any <br />Coverage Period shall be made in consideration for cont±nuation <br />of Coverage for prior Coverage Periods and for continued <br />eligibility to purchase Coverage for the current Coverage <br />Period. <br /> <br /> (b) Time and Manner of Determination. On or prior to <br />February 1 of each year, commencing February 1, 1989, upon <br />receipt of the annual report of the Qualified Claims Auditor <br />pursuant to Section 3.6 hereof, the Authority shall determine <br />the amount of Case Reserves for all Claims of each Participant <br />to be established or adjusted with respect to all prior <br />Coverage Periods and for each Risk Sharing Pool as set forth in <br />the report of the Qualified Claims Auditor. On or prior to <br />February 1 of each year, commencing February 1, 1992, the <br />Authority shall determine, based upon the establishment or <br />adjustment of such Case Reserves, the Pure Premium Adjustment <br />for each Participant, which may be an assessment of additional <br />Pure Premium Adjustments or a refund of Pure Premium or Pure <br />Premium Adjustments paid in prior Coverage Periods. Pure <br />Premium Adjustments with respect to any subsequent Coverage <br />Period will be first determined during such Coverage Period and <br />be payable in the succeeding Coverage Period. Pure Premium <br />Adjustments shall be determined in accordance with Schedule B <br />hereto, which in general provides as follows: <br /> <br /> (i) Pure Premium Adjustments with respect to any <br />Coverage Period are intended to provide a matching, over a <br />period not in excess of five years, of (a) the sum of <br />Settlements paid and outstanding Case Reserves required <br />with respect to such Coverage Period versus (b) the sum of <br />amounts paid as Pure Premium, paid or refunded as Pure <br /> <br /> 25 <br />2658002/2 <br /> <br /> <br />