Distribution Commission definition

Distribution Commission means commission and/or fees expended by or charged by the Distributor (inclusive of any sub-distributors/sub-agents’ commission and/or fees) all to be agreed by the Producer in line with current industry standards;
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Distribution Commission means the commission that Blackhawk receives for standard distribution services relating to the Product. Distribution Commission does not include fees that Blackhawk may receive related to other services it performs e.g., management and administration of the Blackhawk Program or issuance fees.
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Examples of Distribution Commission in a sentence

  • For all Products sold by Safeway Stores, Safeway will earn [***] of the Distribution Commission applicable to each such Product as noted in the Product commission schedule delivered by Blackhawk to Safeway from time to time (the “Safeway Commission”).

  • Blackhawk shall remit to Safeway within sixty (60) days following the end of such fiscal year an amount equal to the difference between (x) the amount due and owing to Safeway under the Safeway Commission plus the Additional Distribution Commission according to the table below earned on Qualifying Products for the period and (y) the amount actually paid to Safeway as its Safeway Commission on Qualifying Products for the period.

  • Accordingly, NDC agrees that (i) Medscape's obligation to pay NDC Commissions during the Initial Term up to an amount equal to the NDC Commissions Credit is satisfied and discharged in full, and (ii) Medscape shall have no obligation to pay any NDC Distribution Commission to NDC during the Initial Term except and to the extent that the aggregate amount of all NDC Distribution Commissions payable to NDC during the Initial Term exceeds the amount of the NDC Commissions Credit.

  • Payment: the Company shall on a quarterly basis remit to the Principal the net receipts which is determined by deducting the following from the Gross Receipts: (a) the Distribution Commission; (b) costs and disbursements actually incurred by the Company for the distribution of any or all rights granted to it; and (c) all taxes, costs and expenses incurred by the Company in connection with the Gross Receipts or for the transmission of payments to the Company.

  • This Agreement shall take effect as of the Effective Date and shall remain in effect until the later of the twentieth (20th) anniversary of the Effective Date, provided, that if any BIS-Screen Product with respect to which a Transfer Price or Distribution Commission is payable is then being sold, and the Distribution Term has not otherwise expired, then this Agreement shall remain in effect until the expiration of the Distribution Term.

  • This commission will also be paid to Institutional Investors regarding Securities they purchased to fulfill their prior undertaking (therefore, the Authorized Delegates to receive proposals will not be entitled to Distribution Commission for the said units purchased by the Institutional Investors to fulfill their prior undertaking).