Commission Clawback Sample Clauses

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Commission Clawback. Any amount of Sales Commissions previously paid to Reset Professional for any sales that Company could not collect or for orders returned or refunded to the customer will be deducted from the next Sales Commission due to Reset Professional. The term “collections” is defined as when the Company has made every attempt to collect the debt but had no success.
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Commission Clawback. Where a Supplier charges or deducts from CLS or Connective a Clawback of Commission paid for a Product settled by CFM, and Connective has paid that Commission to CFM or an Associate Member, then CFM agrees that: 12.1. the amount of Clawback shall be a liquidated debt owed to Connective by CFM; and 12.2. CFM must pay the Clawback either by: (a) allowing Connective to deduct from any other Commission payments owed to CFM amounts totalling the amount of the Clawback; or (b) repaying to Connective the amount of the Clawback within 14 days of receipt of a notice from Connective setting out the particulars of the amount of the Clawback.
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Commission Clawback. Agent’s noncompliance with the terms of this section shall trigger an immediate claw back of Agent’s Commission. (“Claw Back”) In the event of a Claw Back, SYMPLIFI may a) demand immediate return of Agent’s Commission related to the underlying Merchant Agreement from which the breach occurred or b) deduct Agent’s Commission from any Commissions owed at the time of the breach or any future Commissions owed by ▇▇▇▇▇▇▇▇ to Agent.
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Related to Commission Clawback

  • Commission Approval The Parties understand and agree that this Agreement will be filed with the Commission for approval by such Commission (or the FCC if the Commission fails to act) pursuant to Section 252 of the Act. Each Party specifically reserves its right to judicial review of this Agreement under Section 252(e)(6) of the Act, or any other available remedy at law or equity. If the Commission, the FCC or any court rejects any portion of this Agreement, the Parties agree to meet and negotiate in good faith to arrive at a mutually acceptable modification of the rejected portion and any provisions that would be materially affected by deletion of the rejected portion; provided that such rejected portion shall not affect the validity of the remainder of this Agreement. The Parties acknowledge that nothing in this Agreement shall limit a Party's ability, independent of such Party's agreement to support and participate in the approval of this Agreement, to assert public policy issues relating to the Act, including challenging the validity of any portion of the Act or an FCC or Commission rule, order, Guideline or other determination made pursuant to the Act, or the application by CBT for suspension or modification of portions of the Act or rules pursuant to Section 251(f)(2) of the Act. In the event CBT obtains a suspension or modification of any portion of the Act or rules thereunder pursuant to Section 252(f)(2) of the Act, the Parties shall negotiate as necessary to incorporate the applicable terms and conditions of such suspension or modification and the Parties agree to negotiate as necessary in order to clarify the application of such suspension or modification to the terms of into this Agreement.

  • Securities Exchange Commission Certification The Corporation confirms that as at the date hereof it does not have a class of securities registered pursuant to Section 12 of the U.S. Exchange Act or a reporting obligation pursuant to Section 15(d) of the U.S.

  • SPAM POLICY You are strictly prohibited from using the Website or any of the Company's Services for illegal spam activities, including gathering email addresses and personal information from others or sending any mass commercial emails.

  • Clawback (a) Where a sum is to be paid to the Agent under the Finance Documents for another Party, the Agent is not obliged to pay that sum to that other Party (or to enter into or perform any related exchange contract) until it has been able to establish to its satisfaction that it has actually received that sum. (b) If the Agent pays an amount to another Party and it proves to be the case that the Agent had not actually received that amount, then the Party to whom that amount (or the proceeds of any related exchange contract) was paid by the Agent shall on demand refund the same to the Agent together with interest on that amount from the date of payment to the date of receipt by the Agent, calculated by the Agent to reflect its cost of funds.

  • No Commission Stop Order At each of the Closing Date and the Option Closing Date, the Commission has not issued any order or threatened to issue any order preventing or suspending the use of any Preliminary Prospectus or the Prospectus or any part thereof, and has not instituted or threatened to institute any proceedings with respect to such an order.