Common use of Return Commissions Clause in Contracts

Return Commissions. In consideration of the commissions allowed BROKER on all premiums, BROKER agrees to pay AGENT the return commissions on all return premiums at the same rate and under the same terms at which such commissions were originally allowed by AGENT within ten (10) days from close of the month for which the account was rendered.

Appears in 2 contracts

Sources: Brokerage Agreement, Brokerage Agreement