Common use of Commission Rate Clause in Contracts

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. 9.2 In addition, and where applicable, NYA shall be entitled to charge and recover VAT on the Agreed Com- mission, at the rate then prevailing.

Commission Rate. 9.1 5.1 The rate of commission to be paid by the Owner to NYA shall be the Agreed Commission which shall, un- less unless otherwise indicated, be calculated on the net sale price of the Vessel. 9.2 5.2 In addition, and where applicable, NYA shall be entitled to charge and recover VAT on the Agreed Com- missionCommission, at the rate then prevailing.