Agent’s Commission definition
Examples of Agent’s Commission in a sentence
With one hundred eighty (180) days advance written notice, for reasons related to regulatory constraints or industry issues including but not limited to Program coverage resulting in an insurance industry or market downturn, the Company reserves the right to adjust Partner Agent’s Commission as described in Exhibit A.
If the Agent retains such sub-agents, the Agent may pay them such Agent’s Options and such commissions as the Agent in its discretion sees fit, provided that any such commission will be paid out of the Agent’s Commission and the Agent’s Options.
The Agent’s Commission shall be paid to the Agent by the Corporation at the Time of Closing from the Gross Proceeds, or in such other manner as is satisfactory to the Agent.
Agent’s Commission will be payable by the Contractor to the Agent, in accordance with the Mandate Agreement concluded between the Seller the Contractor and the Agent, with the First Payment Instalment received.
Agent’s Commission will be calculated as a percentage of Credited Premium.