Commissions Incurred definition

Commissions Incurred shall include the direct commissions and policy fees (if included in Eligible Earned Premium) incurred by Company for the Profit Sharing Year, relating to Eligible Earned Premium. Additionally, Company shall add to such total any amounts or expenses of Partner Agent which Company agrees to reimburse, assume, or share.
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Commissions Incurred shall be the amount of commissions, first year and renewal, incurred on the business reinsured by Reinsurer during the quarterly computational period. Commissions Incurred shall include all commissions earned by agents which are used to repay any debit balance and commissions paid directly to agents.
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Examples of Commissions Incurred in a sentence

  • Pool Premiums Ceded (Sched C: A6) 3 Cash Claims (Total) (Sched C: B4) 4 Commissions Incurred (Sched C: C1c) 5 Premium Tx, Licenses, Fees Incurred (Sched C: C2c) 6 HRA Assessment Incurred (Sched C: C3c) 7 Field Expenses (Sched C: C4c) 8 Guardian Admin.

Related to Commissions Incurred

  • Canadian Securities Commissions means the securities regulatory authorities in each of the Qualifying Jurisdictions;

  • Securities Commissions means the securities commission or other securities regulatory authority in each of the Qualifying Jurisdictions;

  • Securities Commission means the applicable securities commission or regulatory authority in each of the Qualifying Jurisdictions;

  • Selling Commissions means any and all commissions payable to underwriters, dealer managers or other broker-dealers in connection with the sale of Shares, including, without limitation, commissions payable to the Dealer Manager.

  • Acquisition Fees means the fee payable to the Advisor pursuant to Section 8.01 plus all other fees and commissions, excluding Acquisition Expenses, paid by any Person to any Person in connection with making or investing in any Property or other Permitted Investment or the purchase, development or construction of any Property by the Company. Included in the computation of such fees or commissions shall be any real estate commission, selection fee, Development Fee, Construction Fee, nonrecurring management fee, loan fees or points or any fee of a similar nature, however designated. Excluded shall be Development Fees and Construction Fees paid to Persons not Affiliated with the Advisor in connection with the actual development and construction of a Property.