Direct Selling Costs definition

Direct Selling Costs means selling commissions, managing broker-dealer fees, broker- dealer due diligence fees and other similar costs incurred in connection with the purchase of Units. The Direct Selling Costs for each class of Unit shall vary as more particularly described in the Memorandum.
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Direct Selling Costs means the direct costs related to the sale of products to Sel-Leb customers such as any discounts, freight allowance, sample, costs charge backs, advertising, credits, product placement (i.e. pallet placement, other fixtures, etc.), and/or any other direct costs related to the selling of the products such as commissions (2 to 5% maximum) to outside salespersons not in the employ of Sel-Leb. (*For sales to TJ Maxx the Direct Selling costs may include a commission to the RJS outside salesperson.)
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Examples of Direct Selling Costs in a sentence

  • Following the termination of the Offering, the redemption price the Partnership shall pay to redeem Units shall equal the gross offering price of the class of Units being redeemed less any Direct Selling Costs applicable to that class of Units as of the last day of the Offering.

  • The initial Capital Contributions shall be set forth on their respective Subscription Agreements, and the Limited Partners’ respective Capital Accounts shall be credited accordingly; provided, however, that no portion of the Gross Purchase Price paid by a Limited Partner for Units at a Subsequent Closing that is used to pay Direct Selling Costs shall be treated as a Capital Contribution to, or credited to such Limited Partner’s Capital Account in, the Partnership.

  • The agreed-upon fair market value of such initial Capital Contributions shall be set forth on their respective Subscription Agreements, and the Limited Partners’ respective Capital Accounts shall be credited accordingly; provided, however, that no portion of the Gross Purchase Price paid by a Limited Partner for Units at a Subsequent Closing that is used to pay Direct Selling Costs shall be treated as a Capital Contribution to, or credited to such Limited Partner’s Capital Account in, the Partnership.