Sales Fees. If the Company forecloses on, or otherwise obtains direct or indirect title to, an Underlying Property and sells such property, the Manager or its Affiliates shall be entitled to a real estate commission equal to the lesser of (i) 3% of the gross sales price of such property received by the Company or (ii) one-half of the normal and competitive rate customarily charged by unaffiliated parties rendering similar services, but such fees shall be paid only if the Manager or its Affiliate provides a substantial amount of services in the sales effort.
Sales Fees. For each bona fide sale of a Protection Product by Retailer, BMW shall pay or credit to Retailer, the applicable fee determined in accordance with the Program Rules, according to the terms set forth therein.
Sales Fees. 4.1 Sales Fees will be payable to the agent following the completion of the sale. The Agent shall ensure that all Reservation Deposits be paid direct to the designated or other client account of the Developer to be held by them.
Sales Fees. (a) A Base Sales Fee shall be payable by AerCo to the Servicer at any time after the Start Date and during the term of this Agreement on the actual date of sale of any of the Aircraft in the amount of (i) 1.25% multiplied by (ii) the Target Sales Price for the sale of any Aircraft, net of transaction expenses, provided that no Base Sales Fee shall be payable with respect to a sale in connection with a refinancing, restructuring, reorganization or tax based financing with respect to AerCo Group or the Aircraft if, after such sales, the Servicer (i) remains as Servicer of such Aircraft, (ii) continues to receive a Retainer Fee and a Rental Fee with respect to such Aircraft and (iii) remains eligible to earn a Base Sales Fee and a Sales Incentive Fee with respect to such Aircraft in the future. "TARGET SALES PRICE" means, with respect to a sale of any Aircraft, an amount initially equal to 90% of the Initial Appraised Value of the relevant Aircraft, such valuations, in accordance with the appraisals of the Aircraft, to be adjusted annually by AerCo, subject to any restrictions imposed by any indenture or similar agreement binding AerCo Group. To the extent that the Net Cash Proceeds from a sale exceed the Target Sales Price, then transaction expenses shall not be deducted from the Target Sales Price for the purpose of calculating the Base Sales Fee but will be deductible from the Net Cash Proceeds for the purpose of calculating the Sales Incentive Fee.
Sales Fees. The Company shall pay Marketer a percentage, based upon the following schedule, of the revenues that the Company has received or is entitled to receive from any/all Sales generated (Revenue) as a part of the Service. This percentage will be five percent (5%) for all orders up to 100,000 per year, six percent (6%) for the next 100,000 orders, seven percent (7%) for the next 100,000 orders, eight percent (8%) for the next 100,000 orders, nine percent (9%) for the next 100,000 through 999,999 annual orders and ten percent (10%) for anything over 1,000,000 orders. b) Payment. Marketer will receive payment by check monthly, by the 30th day of the month following the month in which the sales were made. Revenue is defined as price of merchandise net of service, shipping and handling charges, applicable taxes, discounts, credits and appropriate chargebacks. EXHIBIT C Technical Specifications
Sales Fees. (a) A Base Sales Fee shall be payable by AerCo to the Servicer at any time during the term of this Agreement on the actual date of sale of any of the Aircraft in the amount of (i) 1.25% multiplied by (ii) the Target Sales Price for the sale of any Aircraft, net of transaction expenses, provided that no Base Sales Fee shall be payable with respect to a sale in connection with a refinancing, restructuring, reorganization or tax based financing with respect to AerCo Group or the Aircraft if, after such sales, the Servicer (i)
Sales Fees. In addition to receiving the accountable expense payments specified in clause (h) of Section 8. hereof, the Agent shall receive a sales fee (the “Sales Fee”) equal to Six Percent (6.00%) of the Subscription Price of the Shares sold by the Agent in the Offering (including Shares sold by any member of the Agent’s selected dealers’ group); provided that no Sales Fee will be earned or paid on the sale of Shares to: (a) Affiliated Purchasers, or (b) subject to the exceptions described in the following sentences, existing shareholders of the Company, existing customers of the Bank and other community investors in the Offering who are, in each case, specifically identified in Exhibit B hereto (the “Priority Investors”) and submit subscription agreements in response to solicitations by one or more Company or Bank directors or officers. If any Priority Investor is solicited by the Agent (or by any member of its selling group) at the written request of any Company or Bank director or officer and such solicitation results in a deposit to the Escrow Account of Subscription Proceeds, the Agent shall be entitled to a Sales Fee of 3.00%, or if any Priority Investor contacts the Agent (or any member of its selling group) without prior solicitation and purchases Shares, the Agent shall be entitled to a Sales Fee of 6.00%, in each case with respect to such Subscription Proceeds. If Subscription Proceeds with respect to which no Sales Fee is normally payable are received by the Company from Priority Investors in an aggregate amount of $4,000,000, the Agent will be entitled to receive a Sales Fee of 6.00% with respect to all additional Subscription Proceeds received from Priority Investors. It shall be the Agent’s responsibility to compensate out of the Sales Fee that it receives from the Company any securities broker comprising a member of the Agent’s selected brokers’ selling group. All Sales Fees applicable to particular Subscription Proceeds shall be payable concurrently with the conduct of the Closing at which such Proceeds are received by the Company. If the Agent terminates this Agreement because of its determination that there has occurred, since December 31, 2004, a material adverse change in the condition (financial or otherwise), earnings, business affairs or business prospects of the Company, whether or not arising in the ordinary course of business, all as referenced in Section 12.a.(i) below, the Agent shall not be entitled to the Sales Fees set forth above.
Sales Fees. QuickLogic shall collect all proceeds of Products sold hereunder by QuickLogic and shall remit to V3 fifty percent (50%) of the Gross Margin amount (for each Product sold) actually received from customers. Remittance to V3 shall be payable within fifteen (15) days after the end of the fiscal month during which payment has been received from the customer.
Sales Fees. In addition to receiving the accountable expense payments specified in Section 8. hereof, the Agent shall receive a sales fee (the “Sales Fee”) equal to Three and One-Half Percent (3.50%) of the Subscription Price of all Shares sold other than to Affiliate Purchasers (as to which sales no Sales Fee will be generated or due. It shall be the Agent’s responsibility to compensate out of the Sales Fee that it receives from the Company any securities broker comprising a member of the Agent’s selected brokers’ selling group. All Sales Fees applicable to particular Subscription Proceeds shall be payable concurrently with the conduct of the Closing at which such Proceeds are received by the Company. If the Agent terminates this Agreement because of its determination that there has occurred, since December 31, 2003, a material adverse change in the financial condition or operations of the Company, the Agent shall not be entitled to the Sales Fees set forth above.
Sales Fees. If the Company forecloses on, or otherwise obtains direct or indirect title to, an Underlying Property and sells such property, the Investment Manager or its Affiliates shall be entitled to a real estate commission equal to the lesser of (i) 3% of the gross sales price of such property received by the Company or (ii) one-half of the normal and competitive rate customarily charged by unaffiliated parties rendering similar services, but such fees shall be paid only if the Investment Manager or its Affiliate provides a substantial amount of services in the sales effort.
