Common use of Commission Charge-Back Clause in Contracts

Commission Charge-Back. LiveWorld shall have the absolute right to set such cash discounts, to make such allowances and adjustments, to accept such returns from its clients, and to write off as bad debts such overdue client accounts as it deems advisable. In each such case, LiveWorld shall charge PORTIONS DENOTED WITH [***] HAVE BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT. back to Representative’s account any amounts previously paid or credited to it with respect to such cash discounts, allowances, adjustments, returns or bad debts.