Commission Rate. Owner shall pay commissions to Manager in accordance with this commission schedule (this "Schedule") for leases of any space in the Project as follows: (i) four percent (4%) of the total Minimum Base Rent for the first five years of the lease term, (ii) two percent (2%) of the total Minimum Base Rent for the sixth through tenth years of the lease term, and (iii) one percent (1%) of the total Minimum Base Rent for the eleventh through fifteenth years of the lease term. In the event the lease term is in excess of fifteen years, no commission shall be paid on said excess term. Notwithstanding the provisions of this Paragraph 1 to the contrary, in the event an existing tenant enters into a new lease for space in the Project, Manager shall receive a commission of four percent (4%) of the total Minimum Base Rent for the first five years of the new lease term, two percent (2%) of the total Minimum Base Rent for the sixth through tenth years of the new lease term, and no commission for any additional years of the new lease term. In the event a prospective tenant executes a lease for space in the Project, but does not actually pay rent for such space for reasons unrelated to any default of Owner, Manager shall not be entitled to any commission with respect to such lease, and shall refund to Owner any commissions paid with respect thereto.
Commission Rate. Most Concession Agreements include a compensation structure which is a monthly commission fee based on a specified percentage of Total Gross Sales. Other models include flat fee per month or a combination (flat fee plus a percentage). Specify the compensation model in the Proposal.
Commission Rate. 7.1 The rate of commission to be paid by the Owner to the Broker shall be the Agreed Commission that shall, unless otherwise indicated, be calculated on the net sale price of the Vessel.
Commission Rate. Distributor shall pay commissions at the appropriate commission rate set forth below for the sale of each Contract sold by Broker/Dealer's Subagent, except as otherwise provided below. Premium Payments Accepted by PL on Contracts Solicited by Broker/Dealer And Issued For Which Applications Were Commissions On Solicited in Accordance With: Premium Payments A B C D -------------------------------------------------------------------------------------------------------------- Standard Compensation --------------------- Non-Guaranteed Issue 90% 6% 4% 2% Trail Commission of .20% annualized (See (P) 4) Affiliate Compensation ---------------------- Non-Guaranteed Issue 90% 5% 2% 2% Trail Commission of .20% annualized (See (P) 4)
Commission Rate. When the Customer [***] then GCT shall pay to DISTRIBUTOR a Commission equal to [***] of the Net Sales Revenue actually received by GCT from the sale of Products by DISTRIBUTOR to each Customer. When the Customer [***] then GCT shall pay to DISTRIBUTOR a Commission equal to [***] of the Net Sales Revenue actually received by GCT from the sale of Products. When the Customer [***] then GCT shall pay to DISTRIBUTOR [***] of the Net Sales Revenue actually received by GCT from the sale of Products.
Commission Rate. 9.1 The rate of commission to be paid by the Owner to NYA shall be the Agreed Commission which shall, un- less otherwise indicated, be calculated on the net sale price of the Vessel.
Commission Rate. Campsited’s commission rates are 10% in high season and 15% in low season. High season includes stays whose arrival dates are between July 1st and August 31st. Any stay whose arrival date isn’t included in the aforementioned period are considered low season. Commission is calculated on the whole amount of online bookings made via the Website, including extras and options booked in addition to the main booking, booking fees and VAT, not including local taxes and cancellation insurance fees. In case of cancellation, commission is calculated on the amount received by the Establishment, including potential insurance or cancellation fees. Then the Establishment needs to communicate Campsited the exact amount of the booking received from the Customer or third party in order to adjust the commission.
Commission Rate. With effect from the Effective Date, Exhibit C to the Agreement (Commission) shall be deleted and replaced in its entirety with the new Exhibit C attached hereto as Schedule 1.
Commission Rate. A Borrower shall pay to the Bank on each Date of Drawing acceptance commission at a rate equal to the then current Applicable Margin (to be varied and restated from time to time in accordance with the provisions of the Multicurrency Agreement such that the Applicable Margin shall always be equivalent to any margin payable by APW or any of its affiliates under the Multicurrency Agreement) calculated on the face amount of each Xxxx for a period equal to its Maturity Period, such payment to be effected by deduction by the Bank from the proceeds of discounting such Xxxx pursuant to Clause 6.5."
Commission Rate. The relevant Borrower shall pay to the Bank commission at a rate equal to the then current Applicable Margin (to be varied and restated from time to time in accordance with the provisions of the Multicurrency Agreement such that the Applicable Margin shall always be equivalent to any margin payable by APW or any of its affiliates under the Multicurrency Agreement) on the outstanding amount of the Bank's liability (both actual and contingent) under each Bond on each date when such commission is payable. Such commission shall accrue from day to day and shall be calculated on the basis of a 365 day year (in the case of Sterling) or a 360 or 365 day year in accordance with normal banking practice for the relevant Optional Currency (in the case of an Optional Currency) and shall be payable in advance on the Date of Drawing and at 3 monthly intervals thereafter until the Bank determines that its liability under such Bond has been reduced to zero in accordance with Clause 7.6. No commission so paid shall be refundable to a Borrower under any circumstances."
