Purchasing Agent's Commission Sample Clauses

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Purchasing Agent's Commission. A&A will perform the export agent ----------------------------- services described above for the following purchasing agent's commission described below: Purchasing Agent's Commission ----------------------------- Unit Price Unit Price ---------- ---------- Under $1.00 F.O.B. Over $1.00 F.O.B. ------------------- ------------------ Merchandise 6% gross margin 4% gross margin (excluding parts) Parts (spare &/or 10% gross margin 10% gross margin repair parts for finished goods) "unit" price = the price per item, or per group of items (if such items are sold at a single price for a certain number of items), normally charged by a manufacturer. "gross profit" = sales price minus unit price "gross margin" = gross profit of an item divided by the sales price "sales price" = unit price plus gross profit X Formula: -------------- where "X" = gross profit unit price + X = a and "a" = gross margin desired FORMULA EXAMPLE 1: UNIT PRICE = $.50 GROSS MARGIN DESIRED = 6% ( X --- .5 + X) = 6% Steps: 1. X = (.5 + X) x .06 2. X = .03 + .06X 3. X - .06X = .03 4. .94X = .03 5. X = .03 --- .94 X (gross profit) = .0319 unit price + gross profit = sales price .5 + .0319 = $.5319 gross margin = .0319 (gross profit) -------------------- .5319 (sales price) = 6% The ITI-GROUP will pay to A&A a per-unit purchasing agent's commission of $.032 on each unit with a unit price of $.50.
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Purchasing Agent's Commission determined as provided in the Agency Agreement.
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Related to Purchasing Agent's Commission

  • AGENT’S COMMISSION The Purchaser warrants that the Agent was the effective cause of the sale and indemnifies and holds the Seller harmless against any claim (including all legal costs on attorney and own client scale incurred by the Seller in connection therewith) which may be made by any other agent in respect of any commission arising out of the sale of the Property to the Purchaser.

  • Placement Agent’s Fee The Company shall pay to Rodman a cash placement fee (the “Placement Agent’s Fee”) equal to 7% of the aggregate purchase price paid by each purchaser of Securities that are placed in the Offering. The Placement Agent’s Fee shall be paid at the closing of the Offering (the “Closing”) from the gross proceeds of the Securities sold.

  • Administrative Agent’s Fee The Borrower shall pay to the Administrative Agent for its own account fees in the amounts and at the times previously agreed upon between the Borrower and the Administrative Agent.

  • Settlement Amongst Lenders (a) The amount of each Lender’s Applicable Percentage of outstanding Loans (including outstanding Swing Line Loans) shall be computed weekly (or more frequently in the Administrative Agent’s discretion) and shall be adjusted upward or downward based on all Loans (including Swing Line Loans) and repayments of Loans (including Swing Line Loans) received by the Administrative Agent as of 3:00 p.m. on the first Business Day (such date, the “Settlement Date”) following the end of the period specified by the Administrative Agent. (b) The Administrative Agent shall deliver to each of the Lenders promptly after a Settlement Date a summary statement of the amount of outstanding Committed Loans and Swing Line Loans for the period and the amount of repayments received for the period. As reflected on the summary statement, (i) the Administrative Agent shall transfer to each Lender its Applicable Percentage of repayments, and (ii) each Lender shall transfer to the Administrative Agent (as provided below) or the Administrative Agent shall transfer to each Lender, such amounts as are necessary to insure that, after giving effect to all such transfers, the amount of Committed Loans made by each Lender shall be equal to such Lender’s Applicable Percentage of all Committed Loans outstanding as of such Settlement Date. If the summary statement requires transfers to be made to the Administrative Agent by the Lenders and is received prior to 1:00 p.m. on a Business Day, such transfers shall be made in immediately available funds no later than 3:00 p.m. that day; and, if received after 1:00 p.m., then no later than 3:00 p.m. on the next Business Day. The obligation of each Lender to transfer such funds is irrevocable, unconditional and without recourse to or warranty by the Administrative Agent. If and to the extent any Lender shall not have so made its transfer to the Administrative Agent, such Lender agrees to pay to the Administrative Agent, forthwith on demand such amount, together with interest thereon, for each day from such date until the date such amount is paid to the Administrative Agent, equal to the greater of the Federal Funds Rate and a rate determined by the Administrative Agent in accordance with banking industry rules on interbank compensation plus any administrative, processing, or similar fees customarily charged by the Administrative Agent in connection with the foregoing.

  • Placement Agent’s Fees Except as set forth on Schedule 2.12, no brokerage or finder’s fee or commission are or will be payable to any Person with respect to the transactions contemplated by this Agreement based upon arrangements made by the Company or any of its affiliates. The Company agrees that it shall be responsible for the payment of any placement agent’s fees, financial advisory fees, or brokers’ commissions (other than for persons engaged by Purchaser) relating to or arising out of the transactions contemplated hereby. The Company shall pay, and hold the Purchaser harmless against, any liability, loss or expense (including, without limitation, attorney’s fees and out-of-pocket expenses) arising in connection with any claim for any such fees or commissions.