{"component": "clause", "props": {"groups": [{"size": 15, "snippet": "A commission fee equal to the LIBOR Margin multiplied by the face amount of the letter of credit (computed on the basis of a year of 360 days and actual days elapsed), which fee shall be payable quarterly in arrears on the 20th of each calendar quarter following issuance of the letter of credit, and on the last day of the term of the Commitment.", "samples": [{"hash": "dK0yS8U7Ukp", "uri": "/contracts/dK0yS8U7Ukp#commission-fee", "label": "Revolving Credit Promissory Note (South Dakota Soybean Processors LLC)", "score": 33.2080764771, "published": true}, {"hash": "dL7S2Z3v3HO", "uri": "/contracts/dL7S2Z3v3HO#commission-fee", "label": "Revolving Credit Promissory Note (South Dakota Soybean Processors LLC)", "score": 30.364818573, "published": true}, {"hash": "51iXzMeI4Ey", "uri": "/contracts/51iXzMeI4Ey#commission-fee", "label": "Revolving Credit Promissory Note (South Dakota Soybean Processors LLC)", "score": 30.364818573, "published": true}], "snippet_links": [{"key": "equal-to", "type": "definition", "offset": [17, 25]}, {"key": "libor-margin", "type": "clause", "offset": [30, 42]}, {"key": "face-amount", "type": "definition", "offset": [61, 72]}, {"key": "basis-of", "type": "clause", "offset": [114, 122]}, {"key": "a-year", "type": "definition", "offset": [123, 129]}, {"key": "actual-days", "type": "definition", "offset": [146, 157]}, {"key": "in-arrears", "type": "definition", "offset": [205, 215]}, {"key": "calendar-quarter", "type": "definition", "offset": [236, 252]}, {"key": "issuance-of-the-letter-of-credit", "type": "clause", "offset": [263, 295]}, {"key": "day-of", "type": "clause", "offset": [313, 319]}, {"key": "term-of-the-commitment", "type": "clause", "offset": [324, 346]}], "hash": "b3cabf257d26eefd46d443ffb63aa384", "id": 4}, {"size": 7, "snippet": "A commission fee equal to the Daily Simple SOFR Margin multiplied by the face amount of the letter of credit (computed on the basis of a year of 360 days and actual days elapsed), which fee shall be payable quarterly in arrears on the 20th of each calendar quarter following issuance of the letter of credit, and on the last day of the term of the Commitment.", "samples": [{"hash": "lXqVCG2yfrM", "uri": "/contracts/lXqVCG2yfrM#commission-fee", "label": "Revolving Credit Promissory Note (South Dakota Soybean Processors LLC)", "score": 37.3641341547, "published": true}, {"hash": "fMZQHMk77hh", "uri": "/contracts/fMZQHMk77hh#commission-fee", "label": "Revolving Credit Promissory Note (South Dakota Soybean Processors LLC)", "score": 37.3641341547, "published": true}, {"hash": "h4Iw8JSJM3S", "uri": "/contracts/h4Iw8JSJM3S#commission-fee", "label": "Revolving Credit Promissory Note (South Dakota Soybean Processors LLC)", "score": 37.2436676025, "published": true}], "snippet_links": [{"key": "equal-to", "type": "definition", "offset": [17, 25]}, {"key": "daily-simple-sofr-margin", "type": "definition", "offset": [30, 54]}, {"key": "face-amount", "type": "definition", "offset": [73, 84]}, {"key": "basis-of", "type": "clause", "offset": [126, 134]}, {"key": "a-year", "type": "definition", "offset": [135, 141]}, {"key": "actual-days", "type": "definition", "offset": [158, 169]}, {"key": "in-arrears", "type": "definition", "offset": [217, 227]}, {"key": "calendar-quarter", "type": "definition", "offset": [248, 264]}, {"key": "issuance-of-the-letter-of-credit", "type": "clause", "offset": [275, 307]}, {"key": "day-of", "type": "clause", "offset": [325, 331]}, {"key": "term-of-the-commitment", "type": "clause", "offset": [336, 358]}], "hash": "5cf327f53d7e7b342c64bb45f2042b24", "id": 7}, {"size": 11, "snippet": "payment, service fee, set by the Bank for the client\u2019s using any bank product, the amount and payment terms of which are determined in accordance with the conditions established by the Bank and/or particular bank product agreement;", "samples": [{"hash": "fkZLrSexoQw", "uri": "/contracts/fkZLrSexoQw#commission-fee", "label": "General Agreement for Rendering Banking Services to Individuals", "score": 24.4565372467, "published": true}, {"hash": "4ttp8slZiCs", "uri": "/contracts/4ttp8slZiCs#commission-fee", "label": "General Agreement for Rendering Banking Services to Individuals", "score": 24.3607120514, "published": true}, {"hash": "anJGN0Qq4tn", "uri": "/contracts/anJGN0Qq4tn#commission-fee", "label": "General Agreement for Rendering Banking Services to Individuals", "score": 24.2867889404, "published": true}], "snippet_links": [{"key": "service-fee", "type": "definition", "offset": [9, 20]}, {"key": "by-the-bank", "type": "clause", "offset": [26, 37]}, {"key": "the-client", "type": "clause", "offset": [42, 52]}, {"key": "terms-of", "type": "clause", "offset": [102, 110]}, {"key": "in-accordance-with", "type": "clause", "offset": [132, 150]}, {"key": "the-conditions", "type": "clause", "offset": [151, 165]}, {"key": "bank-product-agreement", "type": "definition", "offset": [208, 230]}], "hash": "215da89390ec24ae11fd36d47c4276a9", "id": 6}, {"size": 18, "snippet": "payments established by the Bank to the Customer for the use of Collection within and under the Agreement, the amount and terms of payment of which shall be determined in accordance with the provisions of the Agreement.", "samples": [{"hash": "8YTkLNPSzo9", "uri": "/contracts/8YTkLNPSzo9#commission-fee", "label": "Collection Agreement", "score": 30.1479167938, "published": true}, {"hash": "2ZuMin7Dpdm", "uri": "/contracts/2ZuMin7Dpdm#commission-fee", "label": "Collection Agreement", "score": 27.4496421814, "published": true}, {"hash": "6HNnce7JNR5", "uri": "/contracts/6HNnce7JNR5#commission-fee", "label": "Collection Agreement", "score": 27.4382553101, "published": true}], "snippet_links": [{"key": "by-the-bank", "type": "clause", "offset": [21, 32]}, {"key": "customer-for", "type": "clause", "offset": [40, 52]}, {"key": "payment-of", "type": "definition", "offset": [131, 141]}, {"key": "in-accordance-with", "type": "clause", "offset": [168, 186]}, {"key": "provisions-of-the-agreement", "type": "clause", "offset": [191, 218]}], "hash": "415f29a9fad81ec28c348bd18fb35855", "id": 2}, {"size": 4, "snippet": "a fee charged by the Company for the provision of the Services.", "samples": [{"hash": "hac5NJS13B6", "uri": "/contracts/hac5NJS13B6#commission-fee", "label": "General Payment Services Agreement", "score": 28.4312477112, "published": true}, {"hash": "6yT8fcSenYA", "uri": "/contracts/6yT8fcSenYA#commission-fee", "label": "General Payment Services Agreement", "score": 22.8247776031, "published": true}], "snippet_links": [{"key": "by-the-company-for", "type": "clause", "offset": [14, 32]}, {"key": "the-provision-of-the-services", "type": "clause", "offset": [33, 62]}], "hash": "59b4f40da280c780a555ee4ca84942a7", "id": 10}, {"size": 34, "snippet": "charge payable by the Customer for the use of the Credit imposed by the Bank under the Agreement and in accordance with it, the amount of which and payment terms are determined according to the provisions of the Agreement.", "samples": [{"hash": "bMg868tKk98", "uri": "/contracts/bMg868tKk98#commission-fee", "label": "Credit Agreement", "score": 30.2850532532, "published": true}, {"hash": "6BEEHZX5s7b", "uri": "/contracts/6BEEHZX5s7b#commission-fee", "label": "Credit Agreement", "score": 27.5530853271, "published": true}, {"hash": "512iO7bLOgU", "uri": "/contracts/512iO7bLOgU#commission-fee", "label": "Credit Agreement", "score": 27.54454422, "published": true}], "snippet_links": [{"key": "customer-for", "type": "clause", "offset": [22, 34]}, {"key": "use-of-the-credit", "type": "clause", "offset": [39, 56]}, {"key": "by-the-bank", "type": "clause", "offset": [65, 76]}, {"key": "in-accordance-with", "type": "clause", "offset": [101, 119]}, {"key": "and-payment-terms", "type": "clause", "offset": [144, 161]}, {"key": "according-to", "type": "definition", "offset": [177, 189]}, {"key": "provisions-of-the-agreement", "type": "clause", "offset": [194, 221]}], "hash": "6eaeb9d7b874bfc821cb2400434f0263", "id": 1}, {"size": 5, "snippet": "a fee charged by payswix for the provided Services.", "samples": [{"hash": "ld0tRnX8e4R", "uri": "/contracts/ld0tRnX8e4R#commission-fee", "label": "General Payment Service Agreement", "score": 31.0543365479, "published": true}, {"hash": "jsgX20Yiyse", "uri": "/contracts/jsgX20Yiyse#commission-fee", "label": "General Payment Service Agreement", "score": 23.4941825867, "published": true}, {"hash": "eF88CQueLtO", "uri": "/contracts/eF88CQueLtO#commission-fee", "label": "General Payment Service Agreement", "score": 23.4298419952, "published": true}], "snippet_links": [{"key": "provided-services", "type": "definition", "offset": [33, 50]}], "hash": "93ac488a7097f6ee409902752209ea4f", "id": 9}, {"size": 6, "snippet": "the fees charged by Pay Unicard on the Client for the services determined by an agreement, the list of which is provided in the annex.", "samples": [{"hash": "euKc5jgig5d", "uri": "/contracts/euKc5jgig5d#commission-fee", "label": "Service Agreement", "score": 29.4131546021, "published": true}, {"hash": "4EqGPhvZWua", "uri": "/contracts/4EqGPhvZWua#commission-fee", "label": "Service Agreement", "score": 28.7370967865, "published": true}, {"hash": "d365oFkdpCF", "uri": "/contracts/d365oFkdpCF#commission-fee", "label": "Service Agreement", "score": 28.4052772522, "published": true}], "snippet_links": [{"key": "fees-charged", "type": "clause", "offset": [4, 16]}, {"key": "by-pay", "type": "clause", "offset": [17, 23]}, {"key": "the-client", "type": "clause", "offset": [35, 45]}, {"key": "for-the-services", "type": "clause", "offset": [46, 62]}, {"key": "an-agreement", "type": "clause", "offset": [77, 89]}], "hash": "78d145dc8ee7d71016ca1fce67b07128", "id": 8}, {"size": 11, "snippet": "for the use of the On-demand Deposit is defined by the On-demand Deposit Agreement;", "samples": [{"hash": "kxjse3CpN4u", "uri": "/contracts/kxjse3CpN4u#commission-fee", "label": "On Demand Deposit Agreement", "score": 30.1524734497, "published": true}, {"hash": "31VuEpGKxcm", "uri": "/contracts/31VuEpGKxcm#commission-fee", "label": "On Demand Deposit Agreement", "score": 30.1524734497, "published": true}, {"hash": "dzOWq2KVcI8", "uri": "/contracts/dzOWq2KVcI8#commission-fee", "label": "On Demand Deposit Agreement", "score": 30.0671138763, "published": true}], "snippet_links": [{"key": "demand-deposit", "type": "definition", "offset": [22, 36]}, {"key": "deposit-agreement", "type": "definition", "offset": [65, 82]}], "hash": "5e92d7fb752f23d42138f817f1e749db", "id": 5}, {"size": 16, "snippet": "a fee established by the Bank for the Depositor under and in accordance with the Agreement for the use of the On-demand Deposit.", "samples": [{"hash": "8Ada2h5EKmE", "uri": "/contracts/8Ada2h5EKmE#commission-fee", "label": "On Demand Deposit Agreement", "score": 27.2071018219, "published": true}, {"hash": "6ZVNCYUbmO4", "uri": "/contracts/6ZVNCYUbmO4#commission-fee", "label": "On Demand Deposit Agreement", "score": 26.5339946747, "published": true}, {"hash": "5QBBrtNNQEl", "uri": "/contracts/5QBBrtNNQEl#commission-fee", "label": "On Demand Deposit Agreement", "score": 26.4628276825, "published": true}], "snippet_links": [{"key": "by-the-bank", "type": "clause", "offset": [18, 29]}, {"key": "the-depositor", "type": "definition", "offset": [34, 47]}, {"key": "agreement-for", "type": "clause", "offset": [81, 94]}, {"key": "demand-deposit", "type": "definition", "offset": [113, 127]}], "hash": "15354a08c45ef768e5571589e8c0bb9e", "id": 3}], "next_curs": "ClcSUWoVc35sYXdpbnNpZGVyY29udHJhY3RzcjMLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ihdjb21taXNzaW9uLWZlZSMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"size": 166, "parents": [["definitions", "Definitions"], ["fees", "Fees"], ["letter-of-credit", "Letter of Credit"], ["letter-of-credit-fee", "Letter of Credit Fee"], ["general-terms-and-conditions-of-using-the", "General terms and conditions of using the"]], "title": "Commission Fee", "children": [["future-taxes", "Future Taxes"], ["definitions", "Definitions"], ["future-taxes-commission", "Future Taxes Commission"], ["recovered-taxes", "Recovered Taxes"], ["commission-fees-determinations", "Commission Fees Determinations"]], "id": "commission-fee", "related": [["concession-fee", "Concession Fee", "Concession Fee"], ["construction-fee", "Construction Fee", "Construction Fee"], ["origination-fee", "Origination Fee", "Origination Fee"], ["application-fee", "Application Fee", "Application Fee"], ["extension-fee", "Extension Fee", "Extension Fee"]], "related_snippets": [], "updated": "2026-05-16T05:47:53+00:00", "also_ask": ["What mechanisms ensure the commission fee structure aligns with performance or results?", "How can the clause address disputes over calculation or timing of commission payments?", "What are the most common pitfalls in defining 'earned' versus 'payable' commission?", "How does this clause compare to industry standards or statutory requirements?", "What language best protects against non-payment or clawback risks in court?"], "drafting_tip": "Specify the commission rate and payment terms to prevent disputes; define calculation methods to ensure transparency; state timing of payments to facilitate compliance.", "explanation": "The Commission Fee clause defines the payment structure by which one party compensates another for facilitating a transaction or securing a deal. Typically, this clause outlines the percentage or fixed amount to be paid, the timing of payment, and any conditions that must be met for the fee to become due, such as the successful completion of a sale or service. Its core function is to ensure both parties have a clear understanding of when and how commission payments are earned and disbursed, thereby preventing disputes and aligning expectations."}, "json": true, "cursor": ""}}