Common use of Subscriber Commissions Clause in Contracts

Subscriber Commissions. Participant agrees to pay to HCC all Subscriber Commissions (as provided in Exhibit "C") shown on the billing statements described in Section 3.5, by wire transfer of good funds to HCC's account within two (2) business days after receipt by Participant of such billing statements. Participant is responsible for collection and payment to HCC of all such Subscriber Commissions that are attributable to Participant and all of Participant's affiliates and franchisees that utilize the HCC System under this Agreement. Payments to Subscribers will be made in appropriate local currency.

Appears in 2 contracts

Sources: HCC Participant Agreement (Pegasus Systems Inc), HCC Participant Agreement (Pegasus Systems Inc)