Common use of Sub-Affiliate Fee Clause in Contracts

Sub-Affiliate Fee. The Affiliate Fee for each Sub-Affiliate shall be equal to the percentage specified in the Affiliate Section from time to time, of the Sub-Affiliates earning identified by the Sub-Affiliate Tracker ID. The compensation shall not be due to the Affiliate if it comes to the attention of Axi that the Affiliate offers any form of monetary incentive or any other payments to potential Sub-Affiliates without the prior written permission of Axi and/or attempts to insert any additions or alternations to the provisions concerning potential Sub-Affiliate and/or if the Affiliate and/or Sub-Affiliate breaches the General Affiliate Terms and Conditions and/or Applicable Laws. Subject to any applicable anti-money laundering and counterterrorism financing regulations or restrictions, Axi shall pay each Sub-Affiliate its fees in accordance with the bank account and payment instructions provided by the Affiliate to Axi.