{"component": "clause", "props": {"groups": [{"size": 7, "snippet": "For up to twelve months immediately following the sale of a Unit, SUSA will pay to the Additional Selling Agent a sales commission (the \u201cInitial Commission\u201d) equal to the Annual Percentage set forth in Paragraph 2 below. A pro rata portion of the Initial Commission will be paid to the Additional Selling Agent on a monthly basis (i.e., one twelfth of the Initial Commission per month), commencing no later than the 20th calendar day of the month following the month in which a purchase of a Unit occurs, until the entire Initial Commission is paid in full or, if sooner, the Unit is redeemed.", "samples": [{"hash": "7k8VNZqTRko", "uri": "/contracts/7k8VNZqTRko#initial-commission", "label": "Selling Agent Agreement (Superfund Gold, L.P.)", "score": 19.0, "published": true}, {"hash": "4N8SuPNPKv2", "uri": "/contracts/4N8SuPNPKv2#initial-commission", "label": "Selling Agent Agreement (Superfund Gold, L.P.)", "score": 19.0, "published": true}], "snippet_links": [{"key": "twelve-months", "type": "definition", "offset": [10, 23]}, {"key": "sale-of", "type": "clause", "offset": [50, 57]}, {"key": "a-unit", "type": "clause", "offset": [58, 64]}, {"key": "pay-to", "type": "definition", "offset": [76, 82]}, {"key": "additional-selling-agent", "type": "definition", "offset": [87, 111]}, {"key": "sales-commission", "type": "clause", "offset": [114, 130]}, {"key": "equal-to", "type": "definition", "offset": [158, 166]}, {"key": "annual-percentage", "type": "clause", "offset": [171, 188]}, {"key": "paragraph-2", "type": "clause", "offset": [202, 213]}, {"key": "pro-rata-portion", "type": "definition", "offset": [223, 239]}, {"key": "monthly-basis", "type": "definition", "offset": [316, 329]}, {"key": "per-month", "type": "clause", "offset": [375, 384]}, {"key": "day-of", "type": "clause", "offset": [430, 436]}, {"key": "purchase-of", "type": "clause", "offset": [478, 489]}, {"key": "paid-in-full", "type": "clause", "offset": [544, 556]}, {"key": "the-unit", "type": "clause", "offset": [572, 580]}], "hash": "1b67b0257146ea44ec173c448d696301", "id": 1}, {"size": 2, "snippet": "We will pay you initial commission on all business you introduce and that we accept, from the date the customer\u2019s plan starts, or their cover is increased, provided premiums are paid unless your agency is cancelled or suspended. We may pay you initial commission on indemnity and/or non- indemnity terms at our discretion. We reserve the right to set a maximum ceiling on the amount of indemnity commission we pay you. We will be entitled to recover initial commission that we have overpaid, or clawback unearned initial commission, if: \u2022 the customer stops or reduces their premiums or chooses to remove their business from us, or the term of the business reduces while still in the initial period; \u2022 the customer exercises any option to change the cover under their plan while still in the initial period; \u2022 the customer cancels the plan in the cooling-off period; \u2022 we have paid the commission in error, or in breach of this agreement; \u2022 a plan lapses or is cancelled while still in the initial period; \u2022 we have reason to believe you or your employees, directors, officers, consultants, associates, including sub-agents are suspected of fraud, potential fraud or any unlawful act or any act which brings, or is likely to bring, either party into disrepute; \u2022 your agency is cancelled or suspended; \u2022 we are otherwise entitled to offset any clawback due to us against any payments due to you; or \u2022 the plan is voided due to the customer\u2019s misrepresentation with a full refund of premiums given, whether inside or outside of the initial earning period. If there are no payments due to you, you agree to promptly repay us such overpaid or unearned commission. For any outstanding commission and costs due to us, we reserve the right to: \u2022 instruct lawyers to start proceedings to recover any debts due to us; \u2022 charge you interest on amounts you owe us if you do not pay within three months of us telling you about it. We will charge you interest from the date we told you about the amount you owe us, until the date you pay it. We will charge you interest at 3% above the base rate of the National Westminster Bank plc; \u2022 recover any costs of debt collection from you where applicable; and \u2022 recover any debts due to us using the personal guarantees in place. Where there is change of intermediary you agree that: \u2022 if the customer transfers a plan to another intermediary while still in the initial period, liability for any subsequent clawback will remain with you unless: \u2013 you agree to transfer entitlement to indemnity commission to the new intermediary; \u2013 they agree to be responsible for any clawback; \u2013 we agree to this transfer; and \u2022 if more than one claim for the same commission is made, we will pay commission to the intermediary who submitted the proposal to which the business relates. In the event of a dispute between two or more intermediaries in respect of commission, we shall have the discretion to determine who we pay the commission to. We agree to notify you when the customer has not paid a premium or", "samples": [{"hash": "5jKi9xJJPfZ", "uri": "/contracts/5jKi9xJJPfZ#initial-commission", "label": "Intermediary Business Agreement", "score": 24.7659137577, "published": true}, {"hash": "9DlYnj7mr77", "uri": "/contracts/9DlYnj7mr77#initial-commission", "label": "Intermediary Business Agreement", "score": 21.5859000684, "published": true}], "snippet_links": [{"key": "we-will-pay", "type": "clause", "offset": [0, 11]}, {"key": "we-accept", "type": "definition", "offset": [74, 83]}, {"key": "our-discretion", "type": "clause", "offset": [307, 321]}, {"key": "right-to-set", "type": "clause", "offset": [338, 350]}, {"key": "indemnity-commission", "type": "definition", "offset": [386, 406]}, {"key": "the-business", "type": "clause", "offset": [644, 656]}, {"key": "initial-period", "type": "definition", "offset": [684, 698]}, {"key": "option-to", "type": "clause", "offset": [729, 738]}, {"key": "the-cover", "type": "clause", "offset": [746, 755]}, {"key": "the-plan", "type": "clause", "offset": [831, 839]}, {"key": "off-period", "type": "clause", "offset": [855, 865]}, {"key": "the-commission", "type": "clause", "offset": [882, 896]}, {"key": "breach-of-this-agreement", "type": "clause", "offset": [913, 937]}, {"key": "reason-to-believe", "type": "definition", "offset": [1016, 1033]}, {"key": "your-employees", "type": "clause", "offset": [1041, 1055]}, {"key": "unlawful-act", "type": "definition", "offset": [1171, 1183]}, {"key": "is-likely", "type": "definition", "offset": [1212, 1221]}, {"key": "either-party", "type": "definition", "offset": [1232, 1244]}, {"key": "payments-due-to-you", "type": "clause", "offset": [1375, 1394]}, {"key": "refund-of-premiums", "type": "clause", "offset": [1472, 1490]}, {"key": "earning-period", "type": "definition", "offset": [1539, 1553]}, {"key": "no-payments-due", "type": "clause", "offset": [1568, 1583]}, {"key": "you-agree-to", "type": "clause", "offset": [1592, 1604]}, {"key": "amounts-you-owe-us", "type": "clause", "offset": [1835, 1853]}, {"key": "rate-of", "type": "clause", "offset": [2079, 2086]}, {"key": "national-westminster-bank-plc", "type": "clause", "offset": [2091, 2120]}, {"key": "costs-of-debt-collection", "type": "clause", "offset": [2136, 2160]}, {"key": "where-applicable", "type": "clause", "offset": [2170, 2186]}, {"key": "personal-guarantees", "type": "definition", "offset": [2232, 2251]}, {"key": "in-place", "type": "definition", "offset": [2252, 2260]}, {"key": "change-of", "type": "definition", "offset": [2277, 2286]}, {"key": "customer-transfers", "type": "clause", "offset": [2325, 2343]}, {"key": "liability-for", "type": "clause", "offset": [2410, 2423]}, {"key": "to-transfer", "type": "clause", "offset": [2489, 2500]}, {"key": "entitlement-to-indemnity", "type": "clause", "offset": [2501, 2525]}, {"key": "new-intermediary", "type": "definition", "offset": [2544, 2560]}, {"key": "responsible-for", "type": "clause", "offset": [2581, 2596]}, {"key": "we-agree-to", "type": "clause", "offset": [2613, 2624]}, {"key": "one-claim", "type": "definition", "offset": [2659, 2668]}, {"key": "the-proposal", "type": "clause", "offset": [2759, 2771]}, {"key": "in-the-event-of-a-dispute", "type": "clause", "offset": [2803, 2828]}, {"key": "in-respect-of", "type": "clause", "offset": [2864, 2877]}, {"key": "to-determine", "type": "definition", "offset": [2919, 2931]}, {"key": "who-we-pay", "type": "clause", "offset": [2932, 2942]}], "hash": "47a26ea37a9f1245011927d7aff241bb", "id": 2}, {"size": 2, "snippet": "Simultaneous with the payment of the Initial Consideration, the Reinsurer will pay an Initial Commission to the Ceding Company equal to a percentage of the Initial Consideration, as follows: ------------------------------------------------------------- Initial Commission as a Category as Described Percentage of Initial in Schedule A Consideration ------------------------------------------------------------- A & B 6.69% ------------------------------------------------------------- C & D 7.71% ------------------------------------------------------------- E 7.35% ------------------------------------------------------------- F 7.95% -------------------------------------------------------------", "samples": [{"hash": "kT9FehxXc3U", "uri": "/contracts/kT9FehxXc3U#initial-commission", "label": "Reinsurance Agreement (Nasl Variable Account)", "score": 16.0, "published": true}, {"hash": "2FwDSwgIih3", "uri": "/contracts/2FwDSwgIih3#initial-commission", "label": "Reinsurance Agreement (Nasl Variable Account)", "score": 16.0, "published": true}], "snippet_links": [{"key": "payment-of-the", "type": "clause", "offset": [22, 36]}, {"key": "initial-consideration", "type": "definition", "offset": [37, 58]}, {"key": "the-reinsurer", "type": "clause", "offset": [60, 73]}, {"key": "the-ceding-company", "type": "clause", "offset": [108, 126]}, {"key": "equal-to", "type": "definition", "offset": [127, 135]}, {"key": "a-percentage", "type": "definition", "offset": [136, 148]}, {"key": "schedule-a", "type": "clause", "offset": [324, 334]}], "hash": "786f04bcc2c5d7436dce6204599ce634", "id": 3}, {"size": 1, "snippet": "Simultaneous with the payment of the Initial Consideration, the Reinsurer will pay an Initial Commission to the Ceding Company equal to a percentage of the Initial Consideration, as follows: Initial Commission as a Category as Described Percentage of Initial in Schedule A Consideration --------------------- ----------------------- A & B [*] C & D [*] E [*] F [*]", "samples": [{"hash": "c4pcCta77tC", "uri": "/contracts/c4pcCta77tC#initial-commission", "label": "Reinsurance Agreement (John Hancock Life Insurance Co (Usa) Separate Account H)", "score": 18.0, "published": true}], "snippet_links": [{"key": "payment-of-the", "type": "clause", "offset": [22, 36]}, {"key": "initial-consideration", "type": "definition", "offset": [37, 58]}, {"key": "the-reinsurer", "type": "clause", "offset": [60, 73]}, {"key": "the-ceding-company", "type": "clause", "offset": [108, 126]}, {"key": "equal-to", "type": "definition", "offset": [127, 135]}, {"key": "a-percentage", "type": "definition", "offset": [136, 148]}, {"key": "schedule-a", "type": "clause", "offset": [262, 272]}], "hash": "2ee72fda3bd981a9f5ffe8f2377d4df2", "id": 4}, {"size": 1, "snippet": "1.1 In the event that the Agent introduces a tenant who subsequently enters into an agreement to rent the landlord\u2019s property, the initial commission becomes payable to the Agent.\n1.2 The initial commission is payable at the commencement of the Tenancy and will be deducted from monies received by the Agent on the Landlord\u2019s behalf.\n1.3 The initial commission is charged as a percentage of the total rental value of the agreed term as specified in the tenancy agreement, subject to clause 1.4 below. The initial commission is set out above.\n1.4 In the event that the Landlord wishes to terminate the tenancy early, the initial commission will be non refundable. In the event that the tenant wishes to terminate the tenancy early, providing you instruct us to re- let the property we will do so at a reduced rate subject to negotiations.\n1.5 The initial commission is payable for any tenant introduced to the property by the Agent, whether or not the tenancy is finalised by the Agent.\n1.6 If the tenancy agreement is terminated in accordance with a break clause, the Agent will refund any commission already received for the remaining period of the tenancy.", "samples": [{"hash": "3prFBQLtDOm", "uri": "/contracts/3prFBQLtDOm#initial-commission", "label": "Landlord's Terms and Conditions of Business", "score": 20.7207392197, "published": true}], "snippet_links": [{"key": "in-the-event", "type": "clause", "offset": [4, 16]}, {"key": "agreement-to-rent", "type": "clause", "offset": [84, 101]}, {"key": "the-landlord", "type": "clause", "offset": [102, 114]}, {"key": "payable-to", "type": "definition", "offset": [158, 168]}, {"key": "payable-at", "type": "definition", "offset": [210, 220]}, {"key": "commencement-of-the", "type": "clause", "offset": [225, 244]}, {"key": "by-the-agent", "type": "clause", "offset": [295, 307]}, {"key": "a-percentage", "type": "definition", "offset": [375, 387]}, {"key": "rental-value", "type": "clause", "offset": [401, 413]}, {"key": "agreed-term", "type": "definition", "offset": [421, 432]}, {"key": "as-specified", "type": "clause", "offset": [433, 445]}, {"key": "the-tenancy-agreement", "type": "clause", "offset": [449, 470]}, {"key": "subject-to-clause", "type": "clause", "offset": [472, 489]}, {"key": "set-out", "type": "definition", "offset": [527, 534]}, {"key": "the-tenant", "type": "clause", "offset": [681, 691]}, {"key": "the-property", "type": "clause", "offset": [768, 780]}, {"key": "reduced-rate", "type": "definition", "offset": [800, 812]}, {"key": "in-accordance-with", "type": "definition", "offset": [1029, 1047]}, {"key": "break-clause", "type": "clause", "offset": [1050, 1062]}, {"key": "the-agent-will", "type": "clause", "offset": [1064, 1078]}, {"key": "period-of-the-tenancy", "type": "definition", "offset": [1136, 1157]}], "hash": "ec80951213cdf74fe6dc30c68370b44d", "id": 5}, {"size": 1, "snippet": "In the event that Landlord shall be successful in executing a lease of at least 300,000 Square Feet with Piper, Landlord agrees to pay to Keewaydin a brokerage commission determined as follows: a. $700,000, plus b. $3 per Square Foot for all space taken by Piper, in excess of 300,000 Square Feet including the initial space and space adjustments, all expansion space or any other space including space initially leased by Piper and subject to all adjustments thereto, which space is leased or occupied prior to a date which is 60 full months after the commencement date of the lease.", "samples": [{"hash": "8VoxB2GU5o9", "uri": "/contracts/8VoxB2GU5o9#initial-commission", "label": "Office Lease (Piper Jaffray Companies)", "score": 20.0, "published": true}], "snippet_links": [{"key": "in-the-event", "type": "clause", "offset": [0, 12]}, {"key": "landlord-shall", "type": "clause", "offset": [18, 32]}, {"key": "square-feet", "type": "definition", "offset": [88, 99]}, {"key": "pay-to", "type": "definition", "offset": [131, 137]}, {"key": "brokerage-commission", "type": "clause", "offset": [150, 170]}, {"key": "square-foot", "type": "definition", "offset": [222, 233]}, {"key": "initial-space", "type": "clause", "offset": [311, 324]}, {"key": "expansion-space", "type": "definition", "offset": [352, 367]}, {"key": "other-space", "type": "definition", "offset": [375, 386]}, {"key": "subject-to", "type": "definition", "offset": [433, 443]}, {"key": "prior-to-a", "type": "clause", "offset": [503, 513]}, {"key": "date-of", "type": "clause", "offset": [566, 573]}, {"key": "the-lease", "type": "clause", "offset": [574, 583]}], "hash": "6e600c7f900235019055699f23f0ea02", "id": 6}, {"size": 1, "snippet": "For up to twelve months immediately following the sale of any Units, QAM will pay to the Additional Selling Agent a sales commission (the \"Initial Commission\") equal to the Annual Percentage set forth in Paragraph 2 below. A pro rata portion of the Initial Commission will be paid to the Additional Selling Agent on a monthly basis (i.e., one twelfth of the Initial Commission per month), commencing no later than the 20th calendar day of the month following the month in which an applicable purchase of Units occurs, until the entire Initial Commission is paid in full.", "samples": [{"hash": "aiOclFxGkDu", "uri": "/contracts/aiOclFxGkDu#initial-commission", "label": "Additional Selling Agent Agreement (Quadriga Superfund)", "score": 16.0, "published": true}], "snippet_links": [{"key": "twelve-months", "type": "definition", "offset": [10, 23]}, {"key": "sale-of", "type": "clause", "offset": [50, 57]}, {"key": "pay-to", "type": "definition", "offset": [78, 84]}, {"key": "additional-selling-agent", "type": "definition", "offset": [89, 113]}, {"key": "sales-commission", "type": "clause", "offset": [116, 132]}, {"key": "equal-to", "type": "definition", "offset": [160, 168]}, {"key": "annual-percentage", "type": "clause", "offset": [173, 190]}, {"key": "paragraph-2", "type": "clause", "offset": [204, 215]}, {"key": "pro-rata-portion", "type": "definition", "offset": [225, 241]}, {"key": "monthly-basis", "type": "definition", "offset": [318, 331]}, {"key": "per-month", "type": "clause", "offset": [377, 386]}, {"key": "day-of", "type": "clause", "offset": [432, 438]}, {"key": "purchase-of-units", "type": "clause", "offset": [492, 509]}, {"key": "paid-in-full", "type": "clause", "offset": [557, 569]}], "hash": "053ba01e8f6319d83ca6be9d21dfaa75", "id": 7}, {"size": 1, "snippet": "In the event that JTM HOMES introduces a Tenant who enters into a Tenancy agreement to rent the Landlord's property (the \"Initial Agreement\"), commission becomes payable to JTM HOMES (\"Initial Commission\"). The Initial Commission is payable for any Tenant introduced to the property by JTM HOMES, whether or not the Tenancy is finalised by JTM HOMES. JTM HOMES\u2019 initial commission is 10% of the total rental value of the agreed term as specified in the initial agreement, plus VAT, payable in advance at the commencement of the Tenancy.", "samples": [{"hash": "d6MhzkV3Bpa", "uri": "/contracts/d6MhzkV3Bpa#initial-commission", "label": "Terms and Conditions of Business", "score": 22.0211929752, "published": true}], "snippet_links": [{"key": "in-the-event", "type": "clause", "offset": [0, 12]}, {"key": "agreement-to-rent", "type": "clause", "offset": [74, 91]}, {"key": "the-landlord", "type": "clause", "offset": [92, 104]}, {"key": "initial-agreement", "type": "clause", "offset": [122, 139]}, {"key": "payable-to", "type": "definition", "offset": [162, 172]}, {"key": "the-property", "type": "clause", "offset": [270, 282]}, {"key": "the-tenancy", "type": "clause", "offset": [312, 323]}, {"key": "rental-value", "type": "clause", "offset": [401, 413]}, {"key": "agreed-term", "type": "definition", "offset": [421, 432]}, {"key": "as-specified", "type": "clause", "offset": [433, 445]}, {"key": "in-advance", "type": "clause", "offset": [490, 500]}, {"key": "commencement-of-the", "type": "clause", "offset": [508, 527]}], "hash": "3e274349051fce1cc4eae65d83a18217", "id": 8}, {"size": 1, "snippet": "1.2.1 When we find a tenant who is accepted by you or whom you have given us authority to accept on your behalf and who enters into a tenancy agreement, our Commission Fees are as follows:", "samples": [{"hash": "eFwVIvSDChA", "uri": "/contracts/eFwVIvSDChA#initial-commission", "label": "Letting and Management Agreement", "score": 31.3318409486, "published": true}], "snippet_links": [{"key": "accepted-by", "type": "definition", "offset": [35, 46]}, {"key": "authority-to-accept", "type": "clause", "offset": [77, 96]}, {"key": "tenancy-agreement", "type": "definition", "offset": [134, 151]}, {"key": "commission-fees", "type": "clause", "offset": [157, 172]}], "hash": "591fec25ac10317ba25206e6e3b0afce", "id": 9}, {"size": 1, "snippet": "28.1 The Borrower shall pay to the Agent (to be distributed among the Financial Institutions) an initial commission that it negotiated and assumed in a separate agreement. AGENT COMMISSION\n28.2 The Borrower shall pay to the Agent the agent commission that was negotiated and assumed in a separate agreement.", "samples": [{"hash": "5gt4T5RWizm", "uri": "/contracts/5gt4T5RWizm#initial-commission", "label": "Long Term Financing Agreement (General Cable Corp /De/)", "score": 18.0, "published": true}], "snippet_links": [{"key": "the-borrower-shall", "type": "clause", "offset": [5, 23]}, {"key": "pay-to", "type": "definition", "offset": [24, 30]}, {"key": "the-agent", "type": "clause", "offset": [31, 40]}, {"key": "the-financial-institutions", "type": "clause", "offset": [66, 92]}, {"key": "separate-agreement", "type": "clause", "offset": [152, 170]}, {"key": "agent-commission", "type": "clause", "offset": [172, 188]}], "hash": "63b8e0927e93958eaa5cdb4daa69c4e8", "id": 10}], "next_curs": "ClsSVWoVc35sYXdpbnNpZGVyY29udHJhY3RzcjcLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ihtpbml0aWFsLWNvbW1pc3Npb24jMDAwMDAwMGEMogECZW4YACAA", "clause": {"size": 19, "parents": [["miscellaneous", "Miscellaneous"], ["payment-of-remuneration", "Payment of Remuneration"], ["commissions-and-allowances", "Commissions and Allowances"], ["commission", "Commission"], ["brokers-lien-waiver", "BROKER'S LIEN WAIVER"]], "title": "Initial Commission", "children": [["", ""], ["for-long-term-rentals", "For Long Term Rentals"], ["for-short-term-rentals", "For Short Term Rentals"], ["where", "Where"]], "id": "initial-commission", "related": [["the-commission", "The Commission", "The Commission"], ["commission-approval", "Commission Approval", "Commission Approval"], ["sales-commission", "Sales Commission", "Sales Commission"], ["ceding-commission", "Ceding Commission", "Ceding Commission"], ["brokerage-commission", "Brokerage Commission", "Brokerage Commission"]], "related_snippets": [], "updated": "2025-07-07T12:37:53+00:00", "also_ask": [], "drafting_tip": null, "explanation": "The Initial Commission clause defines the upfront payment or percentage that a party, typically an agent or broker, is entitled to receive upon the successful completion of a specified transaction or agreement. This clause outlines the calculation method, timing, and conditions under which the initial commission is paid, such as upon contract signing or delivery of goods or services. Its core function is to ensure that compensation for services rendered at the outset of a deal is clearly established, thereby preventing disputes over payment and aligning expectations between the parties involved."}, "json": true, "cursor": ""}}