Commission and Payments Sample Clauses
Commission and Payments. 6.1 The Seller shall pay to the Agent a commission equal to £1,677.500 plus 3% of funds greater than £15,000.00 against the Price for which the Agent concludes a sale contract on behalf of the Seller pursuant to and during the term of the Contract.
6.2 Notwithstanding clause 6.1 there shall be a minimum commission payment of £1,677.50(which applies to a final sale value equal to or lesser than £15,000.00) and a maximum commission payment of £5000.00 (which applies to a final sale value equal to or greater than £100,000.00) payable by the Seller to the Agent.
6.3 The commission detailed in clauses 6.1 and 6.2 above shall also be payable in the event that a sales contract for the Boat is concluded in the following circumstances: -
a. a sale contract for the Boat is concluded during the term of the Contract and the buyer is not found by the Agent but by another agent or by any other person, including the Seller;
b. a sale contract for the Boat is concluded after the termination of the Contract but to a buyer who was found during the term of the Contract (whether or not by the Agent) or with whom the Agent had negotiations about the Boat during that period in which case the commission payable shall be based on the asking price agreed with the Agent during the term of the Contract.
6.4 The Seller shall pay a slipway charge (if applicable) based on the Agent’s current price list from time to time. Should the Agent move the boat for their own purposes No charge will be incurred.
6.5 The Seller shall pay a storage charge to the Agent for the Boat based on the Agent’s current price list from time to time less any applicable “free” period detailed in the Vendors Agreement to these Conditions.
6.6 The Seller agrees to appoint the Agent to hold the Deposit as Stakeholder, and the balance of the Purchase Price (or other sums) as Agent for the Seller and paid into a separate client account. As soon as any sale has been satisfactorily completed and cleared funds received, the money (being the agreed sale price less any commission payable and any outstanding mortgage, finance contract or hire purchase agreement or arrangement, Clause 6.11) will be paid by cheque to the Seller. Payment to the Seller by CHAPS can be processed where possible. A charge (approximately £25.00) will be made to cover costs if the Seller requests payment by this method.
6.7 The Seller undertakes and agrees that the deposit will be subject to the terms of the Agreement for Sale and purchase of a se...
Commission and Payments. 5.1 BBT shall pay commission to the Partner based on the Price at which the Partner purchases a Product from BBT. Any amount of the Price above the Net Rate for the relevant Product shall be paid by BBT to the Partner as commission.
5.2 BBT reserves the right to change its commission structure at any time by notice to the Partner by way of publication of the updated commission structure on the Partner Booking Platform.
5.3 For all Products purchased by the Partner at a Price above the Net Rate, BBT will pay the commission due to the Partner, calculated in accordance with clause 5.1, on an approximately monthly basis. The Partner and BBT’s representative will agree a mutually convenient date, usually once in each month, to check and confirm the commissions due since the last commission statement and prior to that date BBT will prepare and deliver to the Partner a commission statement showing BBT’s calculation of the commission due to the Partner in respect of Product sales made in the period since the last commission statement.
5.4 Subject to clause 5.9, BBT shall pay commissions due to the Partner as soon as practicable following the check and confirmation of the commission statement by the parties referred to in clause 5.3.
5.5 The Partner bears the risk of any loss arising from all instances of fraud, forgery, theft, misappropriation or any other unlawful activity related to the issue and use of Vouchers as described in clause 8.5 and accordingly if any such activity is detected after a commission payment in respect of the affected Vouchers has been made by BBT then such commission payment shall be recoverable by BBT as a debt due from the Partner including by way of deduction from future commission payments to the Partner.
5.6 Where the Partner has been granted a credit facility which allows the Partner to pay BBT for Products it has purchased at any time later than the time at which the Product is purchased then the Partner shall pay the amounts due to BBT within the time period stated on the invoice received by it from BBT.
5.7 If the Partner has been granted a credit facility as referred to in clause 5.6 then BBT may withdraw, suspend, or alter any of the terms of that credit facility at any time. If BBT withdraws or suspends the Partner’s credit facility at any time then the Partner shall pay any amount owing to BBT under that credit facility within 28 days of such event.
5.8 All payments to be made by the Partner under clause 5.6 shall be made free...
Commission and Payments. 4.1 Your participation in the Userback Affiliate Program is free of charge. To be eligible for a Commission, the Lead must: ● be a new customer of Userback; ● have used Your Affiliate Link; ● not have been an existing, active Lead within Userback systems ● be accepted by Userback as a valid Lead; ● maintain a User Account for Userback for at least 30 days after registration as a new Customer; ● Userback reserves the right to reject a Lead for any reason, at its sole discretion.
4.2 Our Affiliate Program offers a 35% commission on all payments within the first 12 months for paying customers you refer to ▇▇▇.▇▇▇▇▇▇▇▇.▇▇
4.3 Commissions are paid to the affiliate for paying customers that were brought to the website with the affiliate link, and subscribed for our services within 28 days. 28 days is the duration of our affiliate cookie left on the potential customer’s device after clicking the affiliate link.
4.4 Commissions are paid out on the 30th of every month for the previous month's earnings. To qualify for a payout, a minimum threshold of 50 USD must be reached. PayPal is the designated payment method. It is the affiliate’s responsibility to have an accurate and working PayPal email address updated in their affiliate dashboard.
Commission and Payments. If, pursuant to the Supply Application PE enters into a supply agreement with a Customer, PE agrees to pay commission to the TPI according to the added uplift. PE will make payment to the TPI for all Supply Applications counted as reaching Net Gain Status. PE shall not pay commission to the TPI for Supply Applications where the Customer has entered into the Supply Application other that as a consequence of the actions of the TPI If any Party is paid in error for any reason whatsoever and the Parties agree that there has been an error, the relevant Party shall, as soon as reasonably practicable upon receipt of a request for repayment, repay the relevant payment to the other Party. If on the termination of this Agreement any sums remain due to PE from the TPI pursuant to this clause then PE shall be entitled to recover such sums as a debt. All payments made by the Parties under this Agreement unless otherwise stated are exclusive of VAT and other duties or taxes. After termination of this Agreement PE shall not make commission payments to the TPI in respect of any Energy supply agreement entered into by a Customer after the termination of this Agreement unless the Supply Application was completed prior to such termination. Relationship Nothing in the Agreement shall be construed as authorising the TPI to negotiate or conclude Energy supply agreements as an agent of PE. Nothing in this Agreement shall be so construed as to constitute either Party to be the agent of the other, nor shall it operate so as to create a partnership or joint venture of any kind between the Parties. Each Party shall act hereunder only on an individual basis and shall not, unless otherwise authorised in writing by the other Party, be authorised to act as agent of the other Party nor have the power to bind the other Party. No Party shall so bind the other Party, or represent to anyone that it has the authority to bind such other Party, or make any other representation about or on behalf of such other Party. The TPI shall not do or have authority to do on behalf of PE that could be construed as: Making a legal offer on behalf of PE Making, varying or amending any contracts on behalf of PE Giving any warranties, representations, guarantees or statements on behalf of PE unless stated within the verification of the sale; Pledging the credit of PE or otherwise committing PE to any legal obligation or liability of any nature. The TPI is permitted to discuss with any potential Customer a rang...
Commission and Payments. 7.1 Montpellier shall (subject to the Agent performing its obligations under this agreement) pay to the Agent a commission based on a percentage of the Net Price of all Products for which the Agent concludes a sale contract on behalf of Montpellier pursuant to and during the term of this agreement; provided that
(a) the rate of commission shall be as notified by Montpellier to the Agent from time to time; and
(b) the commission shall be repayable by the Agent in respect of any Products that are subsequently returned by the consumer for a refund, or any contracts that are subsequently cancelled by the consumer in accordance with their contractual or statutory rights, and may be set off by Montpellier against sums otherwise due to the Agent under this agreement.
7.2 Commission shall become due to the Agent as soon as and to the extent that Montpellier receives payment in respect of the sale of the relevant Products from or on behalf of the consumer and shall be paid in accordance with clause 7.3.
7.3 The Agent warrants that it is registered for the purposes of VAT with HM Revenue & Customs and agrees that:
(a) Montpellier may self-bill the commission due to the Agent, provided that the Agent;
(i) will not raise any VAT invoice in respect of the commission: and
(ii) will notify Montpellier immediately if the Agent ceases to be VAT-registered, transfers its business to a third party or becomes registered under a different VAT number
(iii) shall be liable to HMRC for payment of the VAT element of the commission.
7.4 Subject to Montpellier exercising its discretion in accordance with clause 6.3, Montpellier shall pay the Agent the commission due under this agreement by no later than the end of the month after receipt of the sums transferred to Montpellier pursuant to clause 6.3. All sums payable under this agreement are exclusive of any value added tax or other applicable sales tax, which shall be added to the sum in question.
7.5 If any dispute arises as to the amount of commission payable by Montpellier to the Agent, the same shall be referred to Montpellier’s auditors for settlement and their certificate shall be final and binding on both parties.
7.6 If a party fails to make any payment due to the other party under this agreement by the due date for payment, then the defaulting party shall pay interest on the overdue amount at the rate of 4% per annum above the Bank of England’s base rate from time to time. Such interest shall accrue on a daily basis from th...
Commission and Payments. Approximately sixty (60) days following the end of each calendar month, ▇▇▇▇▇▇ will pay to you all commission payments owed by us to you in accordance with your Publisher Membership Agreement entered into between you and Jampaq. The minimum commission owed that will trigger a payment event to you is $20. In the event that your accumulated commission amount is less than $20, your potential commission payout will move to the following month. The minimum threshold will re-apply. In the event Jampaq makes a payment to you that did not take into account all applicable Deductions or that was otherwise incorrect, we may offset the Deductions against any commission payments we owe you from the next monthly payment schedule. If no future monthly commission payment is due, you will pay to Jampaq any amounts you owe within thirty (30) days of receiving written notification thereof. We may provide written notice. All commissions payments will be made to you through either PayPal or Venmo. An account that you hold and is maintained by you in an active form must exist prior to you entering into this agreement, and maintained during the life of this agreement.
Commission and Payments. 3.1 The Company shall (subject to the AFI performing its obligations under this agreement) pay to the AFI commission at the rates specified for products sold by the AFI during the term of this agreement. Current commission rates are available on request or on our intermediary website.
3.2 The Company reserves the right to vary the rates of commission at any time and will issue notification of a change of commission rate not less than 2 months prior to any change to the AFI.
3.3 Commission shall become due to the AFI when the Company receives the first premium and commission will be paid to the AFI fortnightly in arrears but payment may be deferred until a minimum of £100 (one hundred) is due to the AFI.
3.4 The Company shall be entitled to repayment (in accordance with the Company’s commission repayment conditions for authorised financial intermediaries prevailing from time to time) of any excess commission paid to the AFI in respect of any policy cancellations or lapses suffered by the Company in relation to Products sold by the AFI. Such commission may be recovered by retention of commissions due from future sales.
3.5 If commission cannot be retained or set off then repayment shall become due on written notice from the Company to the AFI and if repayment is not received within 30 days of such notice the AFI shall pay interest on such sum from the date of notice until payment is received at an annual rate equal to 3% above the base rate from time to time of any UK clearing bank nominated by the Company.
3.6 If any dispute arises as to the amount of commission payable by the Company to the AFI, the same shall be referred to the Company’s auditors for settlement and their certificate shall be final and binding to both parties.
3.7 in the event of the AFI ceasing to be authorised or being suspended under the Rules the Society reserves the right to cease paying commission.
Commission and Payments. 16.1 Each Insurance Company shall pay (which may be effected by way of deduction) Commission and Expenses to the corresponding MGU DUA Company in exchange for the corresponding MGU DUA Company’s performance of the Services.
16.2 Each Insurance Company shall pay all Commission and Expenses to the corresponding MGU DUA Company in the underlying original currency of the relevant commission.
16.3 Each MGU DUA Company shall calculate an estimate of the Commission and Expenses that have accrued under its respective Binder Agreement during the applicable Underwriting Year on a monthly basis (each a “Monthly Reference Period”), with the first Monthly Reference Period during each Underwriting Year commencing upon the Binder Agreement Commencement Date (and on each subsequent anniversary).
16.4 Each MGU DUA Company shall inform the corresponding Insurance Company of the estimated Commission and Expenses that have accrued during the applicable Monthly Reference Period (the “Monthly Estimated Amount”) within ten (10) Business Days of the end of the Monthly Reference Period (the “Monthly Calculations Presentation Date”), along with its calculations set out in sufficient detail to enable the Insurance Company to understand the basis for such calculations and, if applicable, to dispute all or part of the Monthly Estimated Amount.
16.5 If an Insurance Company does not dispute the Monthly Estimated Amount calculated by the corresponding MGU DUA Company (or any part of it), the Insurance Company shall pay (which may be effected by way of deduction) the undisputed amount of the Commission and Expenses to the MGU DUA Company within thirty (30) calendar days of the Monthly Calculations Presentation Date (each date a “Monthly Payment Deadline”).
16.6 If an Insurance Company disputes all or any part of the Monthly Estimated Amount provided by the corresponding MGU DUA Company, the Insurance Company shall notify the corresponding MGU DUA Company within ten (10) Business Days of being informed of the Monthly Estimated Amount, following which date, if it has not disputed such sums, it shall be taken to have accepted the Monthly Estimated Amount in full. In the event of a dispute, the parties to the applicable Binder Agreement shall refer the matter to the Calculations Dispute Resolution Procedure as soon as reasonably practicable. If it is determined from the Calculations Dispute Resolution Procedure that the Insurance Company owes any Commission or Expenses to the corresponding MG...
Commission and Payments. Distributor will pay Commissions for Qualified Sales as follows:
7.2.1 Subject to the qualifications in this Agreement and the following Subsections, Distributor will pay Representative a Commission in the amount of fifteen percent (15%) of the Monthly Recurring Revenue (“MRR”) attributable to the Net Proceeds resulting from a Qualified Sale of the Services under an applicable agreement between Customer and Distributor (“Customer Agreement”) resulting from the direct agency of Representative as per this agreement. The MRR will be calculated anew monthly and will be adjusted for the modification, addition, deletion or termination of Qualified Sales or portions thereof. Commissions will be paid solely on the recurring Services elements of a Qualified Sale. Order renewals are subject to payment of Commissions. Sales of one-time or third-party services or sales of hardware, handsets, or third-party software are not eligible for Commission payments.
7.2.2 Commissions become payable to Representative only at such times and only to the extent that Avaya actually receives unconditional payment from Customer under the corresponding Customer Agreement. If Customer makes payments to Avaya in increments or installments or withholds some or all of a payment, Distributor shall pay Representative a pro rata Commission corresponding to the incremental or installment payments of the Net Proceeds actually received by Company. Representative shall be entitled to Commission, however, if the Services are not or not fully performed or the contract between Avaya and Customer not implemented/carried out and payments are therefore not received by the Customer or not received in full due Avaya’s fault (as set out in Section 87a para. 3 German Commercial Code).
7.2.3 Distributor will account for Commissions on a monthly basis and provide Representative with a commission statement until the 15th of the month following the respective calendar month. Commissions for the accounting period shall then become due and payable on the last day of the month following the respective calendar month.
7.2.4 If Distributor discovers that a Representative has been paid an incorrect Commission or if Distributor pays Commissions to Representative for Customer ▇▇▇▇▇▇▇▇ that are subsequently refunded or credited back to any Customer or are not paid by a Customer, both for reasons not attributable to Avaya (as set out in Section 7.2.2 above), Distributor reserves the right to debit the Representative and...
Commission and Payments. 3.1. MakeMyUtsav and the Seller shall agree on a commission structure for each successful sale of a service through the Platform.
3.2. The commission shall be deducted from the total sale value, and MakeMyUtsav will remit the payment to the Seller according to the agreed-upon payment schedule. In case of user/customer cancels the booking, MakeMyUtsav will decide the seller commission, it depends on how many days before of event date, customer cancels the booking.
3.3. MakeMyUtsav will deduct its commission and any other charges if applicable before remitting the payment to the Seller. The commission percentage may be subject to change at the discretion of the Company.
3.4. The payment to the Seller will be made either weekly or monthly, as decided by MakeMyUtsav. The payment schedule may vary, and the Seller will be informed accordingly.
3.5. It's the seller's responsibility to make sure they pay taxes like GST & other taxes if applicable, to the government on time and correctly. MakeMyUtsav won't be responsible if there are any mistakes or issues in this regard. MakeMyUtsav, as a service provider, cannot assume any liability for errors or issues arising from the tax payment process. Seller must issue tax invoice of any booking whenever asked.