Commission Allowance definition

Commission Allowance shall have the meaning set forth in Schedule C.
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Commission Allowance as described in Schedule D; and
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Commission Allowance means actual commissions paid to producers or other expenses incurred in lieu of producers' commission.
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Examples of Commission Allowance in a sentence

  • For each Accounting Period, the Commission Allowance equals the total amount of initial commission (i.e., not trail commission) paid to distributors of the Reinsured Contracts to reflect the receipt of additional premiums on the Reinsured Contracts.

  • Administrative activities include the archiving of the files and documenting lessons learned.CHARACTERISTICS OF PROJECT(1) Objectives: A project has a set of objectives or a mission.

  • Premium Taxes & Renewal Commission Allowance of [*]% per annum of direct premiums as shown in monthly settlement statement, as well as [*] basis points per annum on the Account Value of the Reinsured Policies.

  • The Revised Renewal Commission Allowance formula is: [***] The revised annual reinsurance premium per $1,000 shall not exceed the applicable reinsurance rates contained in this Agreement or the one year term rate on the appropriate multiple of the applicable Commissioner’s 1980 Standard Ordinary Mortality Table, whichever is greater.

  • We have calculated that it should be possible to release approximately £0.40 billion of funding via priority adjustments, approximately £0.45 billion by strategic choices and up to £0.36 billion by future opportunities.

  • The Reinsurer shall pay the Ceding Company a -------------------- Commission Allowance equal to 2.5% of the gross Policy premiums and deposits collected during the Accounting Period with respect to the Policies for years 2 and later.

  • For each Accounting Period, the Commission Allowance equals the total amount of commission paid to distributors of the Reinsured Policies to reflect the receipt of premiums on the Policies.

  • The interconnectivity between financial institutions and markets can contribute to financial shocks, which could have systemic impact.

  • During the Transition Period, to prepare agent commission statements and disburse funds to agents based on the results of the commission statements, not to exceed the "Commission Allowance" as defined in the Coinsurance Agreement.

  • Commission Allowance and Additional Payments to Distributors We generally pay a commission to the sales representative equal to a maximum of 7.50% of contributions and up to 1.00% trail commission paid on Account Value starting as early as the second Contract Year.


More Definitions of Commission Allowance

Commission Allowance has the meaning set forth in Section 3.4.
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Commission Allowance means, as of the Effective Date, an annual amount equal to the Reinsurer's Quota Share of compensation (including both up front and trail commissions) with respect to the FLIC Contracts to or for the benefit of the distributors who marketed or produced the FLIC Contracts.
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Commission Allowance means actual commissions paid to agents or other expenses incurred in lieu of agents' commission as approved by the insurance department.
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Commission Allowance means actual commissions paid to agents or other expenses incurred in lieu of agents' commission.
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Related to Commission Allowance

  • emission allowance means a financial instrument as defined in point (11) of Section C of Annex I of Directive [new MiFID].

  • SO2 Allowance means “allowance” as defined at 42 U.S.C. § 7651a(3): “an authorization, allocated to an affected unit by the Administrator of EPA under Subchapter IV of the Act, to emit, during or after a specified calendar year, one ton of sulfur dioxide.”

  • NOx Allowance means an authorization to emit a specified amount of NOx that is allocated or issued under an emissions trading or marketable permit program of any kind that has been established under the Clean Air Act or a state implementation plan.

  • training allowance means an allowance (whether by way of periodical grants or otherwise) payable—

  • Retirement allowance means the retirement payments to which a member is entitled.

  • Tenant Improvement Allowance in the maximum amount of $200.00 per rentable square foot in the Premises, which is included in the Base Rent set forth in the Lease; and

  • disability living allowance means a disability living allowance under section 71 of the SSCBA;

  • Utility Allowance means a monthly allowance, as provided by the local public housing authority or as otherwise allowed by HUD rules and the GLO rules, for utilities and services (excluding telephone services) to be paid by the tenant. Contextual Note: Unless the context clearly indicates otherwise, an above definition for a singular term shall also apply (where appropriate) to the plural form of such term and vice versa to the extent necessary for giving the proper meanings to the terms defined in this Article II and/or terms otherwise used in this Agreement.

  • Preferred Allowance means the amount a Preferred Provider will accept as payment in full for Covered Medical Expenses.

  • Maximum Applied Water Allowance (MAWA) means the upper limit of annual applied water for the established landscaped area as specified in Section 492.4. It is based upon the area's reference evapotranspiration, the ET Adjustment Factor, and the size of the landscape area. The Estimated Total Water Use shall not exceed the Maximum Applied Water Allowance. Special Landscape Areas, including recreation areas, areas permanently and solely dedicated to edible plants such as orchards and vegetable gardens, and areas irrigated with recycled water are subject to the MAWA with an ETAF not to exceed 1.0. MAWA = (ETo) (0.62) [(ETAF x LA) + ((1-ETAF) x SLA)]

  • Special Allowance Payments means payments, designated as such, consisting of effective interest subsidies by the Department in respect of the Trust Student Loans to the Eligible Lender Trustee on behalf of the Trust in accordance with the Higher Education Act.

  • Tenant Inducement Costs shall not include loss of income resulting from any free rental period, it being understood and agreed that Seller shall bear the loss resulting from any free rental period until the Closing Date and that Purchaser shall bear such loss from and after the Closing Date.

  • Tax Expenses means all federal, state, county, or local governmental or municipal taxes, fees, charges or other impositions of every kind and nature, whether general, special, ordinary or extraordinary, (including, without limitation, real estate taxes, general and special assessments, transit taxes, leasehold taxes or taxes based upon the receipt of rent, including gross receipts or sales taxes applicable to the receipt of rent, unless required to be paid by Tenant, personal property taxes imposed upon the fixtures, machinery, equipment, apparatus, systems and equipment, appurtenances, furniture and other personal property used in connection with the Project, or any portion thereof), which shall be paid or accrued during any Expense Year (without regard to any different fiscal year used by such governmental or municipal authority) because of or in connection with the ownership, leasing and operation of the Project, or any portion thereof.

  • PHARMACY ALLOWANCE means the lower of: • the amount the pharmacy charges for the prescription drug; • the amount we or our PBM have negotiated with a network pharmacy; or • the maximum amount we pay any pharmacy for that prescription drug.

  • Monthly Base Rent The monthly rent specified in Section 1.01(8).

  • Annual Base Rent means the business’s annual lease payment minus taxes, insurance and operating or maintenance expenses.

  • Disability allowance means monthly payments during

  • Monthly Rent means the monthly installment of Minimum Annual Rent plus the monthly installment of estimated Annual Operating Expenses payable by Tenant under this Lease.

  • Fixed Allowances For the purpose of this guarantee and for the purpose of establishing compliance with this guarantee, the following shall be used as fixed quantities and allow- ances: Operational Empty Weight minus Tare, OEW: 350,000 Pounds Takeoff and Climbout Maneuver: Fuel 3,250 Pounds Distance 7 Nautical Miles 72 Attachment to Letter Agreement No. 6-1162-DSF-082 CF6-80C2BIF Engines Page 8 Usable reserve fuel remaining upon completion of the approach and landing maneuver: 30,000 Pounds

  • Credit allowance date means with respect to any qualified equity investment:

  • Allowance means compensation payable to an employee in addition to the regular remuneration payable for the performance of the duties of his position.

  • Operating Expenses is defined to include all expenses necessary or appropriate for the operation of the Fund (or Class, as applicable), including the Advisor’s investment advisory or management fee detailed in the Investment Advisory Agreement and any Rule 12b-1 fees and other expenses described in the Investment Advisory Agreement, but does not include taxes, leverage interest, brokerage commissions, dividend and interest expenses on short sales, acquired fund fees and expenses (as determined in accordance with SEC Form N-1A), expenses incurred in connection with any merger or reorganization, or extraordinary expenses such as litigation expenses.

  • Operating Cost means the costs associated with operating a multifamily development once the project is placed in service.

  • Base Rent $ 25,024 per month ("Base Rent"), payable on the 1st day of each month commencing on the Commencement Date (Also see Paragraph 4.) [ ] If this box is checked, this Lease provides for the Base Rent to be adjusted per Addendum ___, attached hereto.

  • Fixed Rent shall have the meaning set forth in Section 1.1 hereof.

  • Annual Rent means the annual fixed rent to be paid to the Lessor by the Lessee under Section 5 of this Lease.