Common use of Antigua Clause in Contracts

Antigua. Online Gaming shall hold back 10% of each months payment due to Reseller (the "Hold Back Amount"). The Hold Back Amount shall be retained by WorldGaming for a period of 90 days. If the chargebacks pertaining to the sales made by Reseller for any given month are less than 10% of the Reseller Percentage, then Antigua Online Gaming shall pay the difference to Reseller with the next monthly installment after the 90 day hold back period. If the chargebacks pertaining to the sales made by Reseller for any given month are greater than 10% of the gross sales on which commissions are paid to Reseller, then Antigua Online Gaming shall adjust the payment due to Reseller in accordance with section 6.1 of this Agreement.

Antigua. Online Gaming shall hold back 10% of each months month's payment due to Reseller (the "Hold Back Amount"). The Hold Back Amount shall be retained by WorldGaming for a period of 90 days. If the chargebacks pertaining to the sales made by Reseller for any given month are less than 10% of the Reseller Percentage, then Antigua Online Gaming shall pay the difference to Reseller with the next monthly installment after the 90 day hold back period. If the chargebacks pertaining to the sales made by Reseller for any given month are greater than 10% of the gross sales on which commissions are paid to Reseller, then Antigua Online Gaming shall adjust the payment due to Reseller in accordance with section 6.1 of this Agreement.