Minimum Commission definition

Minimum Commission means the minimum commission as specified in the Application.
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Minimum Commission. The consignor agrees to pay a $10.00 minimum commission fee for any items sold.
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Minimum Commission means: the sum of £90 where the commission earnt would be less than that sum.
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Examples of Minimum Commission in a sentence

  • The Purchaser Shall Pay Auctioneer’s Commission Subject To 6 Per Cent On The First R 100 000.00, 3.5 Per Cent On R 100 001.00 To R 400 000.00, 1.5 Per Cent On The Balance Of The Proceeds Of The Sale, Subject To A Maximum Commission Of R 40 000.00 Plus Vat And A Minimum Commission Of R 3 000.00 Plus Vat.

  • The preceding sentence does not limit LE’s ability to adjust order volume, subject to its obligation for the Minimum Commission.

  • Minimum Commission Disbursement amount $100 –commission disbursement will not occur monthly until the cumulative monies owed are at least $100.

  • Upon Seller’s reasonable request Buyer will provide Seller with information that will enable Seller to confirm Buyer’s calculations of Royalties, Kenmore Royalty Credit, and Average Aggregate Minimum Commission.

  • Buyer will keep and preserve accurate records of each transaction relating to Buyer’s calculations of Royalties, Kenmore Royalty Credit, and Average Aggregate Minimum Commission for the longer of (i) the minimum period required by Applicable Law, and (ii) two years following the applicable transaction.

  • Seller, with reasonable notice to Buyer, may during normal business hours conduct audits of the books and records of Buyer to confirm Buyer’s calculations of Royalties, Kenmore Royalty Credit, and Average Aggregate Minimum Commission (each an “Audit”).

  • For the rendering of Services under this Agreement, LE shall pay SHGS the greater of the (i) Buying Commission or (ii) the Minimum Commission set forth in Section 8(c).

  • If the Minimum Commission for that period is greater than the Buying Commission earned in that period, SHGS shall invoice LE for the difference between the Buying Commission earned and the amount of the Minimum Commission attributable to that period.

  • High Level Estimates are equivalent to a best guess and does not represent a guarantee of costs and/or schedule.Note 2: This fee is non-refundable unless the project commences at which time the fee will be applied to the build cost.Note 3: Any facility that is OFF-NET requires construction to become ON-NET.

  • SHGS further acknowledges and understands that: (i) Subject to its obligation to pay the Minimum Commission, LE is not obligated to purchase any quantity of Merchandise from any Seller identified by SHGS and (ii) LE has the right to reject any Seller and restrict SHGS’s dealing with those Sellers deemed acceptable to LE to the extent it involves procurement of Merchandise for LE under this Agreement.


More Definitions of Minimum Commission

Minimum Commission means, with respect to any Calculation Period, the sum of $100,000. You further agree that we may, at our option, charge the amount of the Shortfall at any time owing to us to your account with us. At your request and as an accommodation to you, we hereby agree that, notwithstanding the foregoing, so long as you are in compliance with all of the terms and conditions of this Agreement and all related documents and no default or event of default has occurred hereunder or thereunder:
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Minimum Commission shall be equal to the MRR for April 2023 multiplied by thirty-five percent (35%); that result multiplied by twelve (12). By way of example only, if the MRR for April 2023 is $100,000, the Minimum Commission would be $420,000; the formula is $100,000 x .35 x 12 = $420,000.
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Minimum Commission shall have the meaning set forth in Section 2.4(e) hereof.
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Minimum Commission means $0.
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Related to Minimum Commission

  • Minimum Commitment means any minimum commitment of time and usage for use of the Services by You during the Term of this Agreement.

  • Minimum Term means the minimum period of service for each Service as shown on the Service Agreement, such period to start on the date on which the relevant Service is first made available to you for use;

  • Minimum Contract Value means 10% of the Maximum Contract Value.

  • Minimum Price shall have the meaning set forth in Section 7.2(b)(ii).

  • Applicable water quality standards means all water quality standards to which a discharge is subject under the federal Clean Water Act and which has been (a) approved or permitted to remain in effect by the Administrator following submission to the Administrator pursuant to Section 303(a) of the Act, or (b) promulgated by the Director pursuant to Section 303(b) or 303(c) of the Act, and standards promulgated under (APCEC) Regulation No. 2, as amended.

  • Minimum Amount means the Minimum Amount as specified in § 1 of the Product and Underlying Data.

  • Minimum Hourly Work Requirement means the work hours over a given time period that are required of you by your Employer in order to be eligible for coverage. Your Minimum Hourly Work Requirement is specified in the Schedule of Benefits.

  • Minimum Cash Balance means $10,000,000 minus (i) $500,000, (ii) any amounts to be paid to holders of Allowed Ongoing Trade Claims of New Permian Corp., and (iii) any amounts to be paid to holders of Allowed Cure Amounts pursuant to Section 8.4(ii).

  • Gross Standard Volume as herein used means volume corrected to a temperature of sixty degrees (60°) Fahrenheit, in accordance with the latest API/ASTM measurement standards, and at equilibrium vapor pressure.

  • Minimum wage means wages as defined under the Minimum Wages Act-1948 and amended from time to time.

  • Water quality volume means the volume equal to the first one-half inch of runoff multiplied by the impervious surface of the land development project.

  • Minimum Annual Resource Requirement means, for Delivery Years through May 31, 2017, the minimum amount of capacity that PJM will seek to procure from Annual Resources for the PJM Region and for each Locational Deliverability Area for which the Office of the Interconnection is required under Tariff, Attachment DD, section 5.10(a) to establish a separate VRR Curve for such Delivery Year. For the PJM Region, the Minimum Annual Resource Requirement shall be equal to the RTO Reliability Requirement minus [the Sub-Annual Resource Reliability Target for the RTO in Unforced Capacity]. For an LDA, the Minimum Annual Resource Requirement shall be equal to the LDA Reliability Requirement minus [the LDA CETL] minus [the Sub-Annual Resource Reliability Target for such LDA in Unforced Capacity]. The LDA CETL may be adjusted pro rata for the amount of load served under the FRR Alternative.

  • Minimum Order Quantity means the minimum number of batches of a Product to be produced during the same cycle of manufacturing as set forth in a Product Agreement on Schedule B;

  • Minimum Payment means the amount of minimum payment as stated in the Fee Schedule;

  • Maximum allowable cost list means a list of drugs for

  • Minimum Balance means, at any time, an amount that equals the product of: (a) the average Borrowing Base (or, if less on any given day, the Revolving Loan Commitment) during the immediately preceding month multiplied by (b) the Minimum Balance Percentage for such month.

  • Volume Commitment means the agreed upon Customer commitment to purchase, and may be described as an Annual Volume Commitment, Total Volume Commitment, Tiered Volume Commitment, or Subminimum Volume Commitment.

  • Minimum Takedown Threshold shall have the meaning given in Section 2.1.4.

  • National Ambient Air Quality Standards or “NAAQS” means national ambient air quality standards that are promulgated pursuant to Section 109 of the Act, 42 U.S.C. § 7409.

  • Minimum Cash Amount shall have the meaning set forth in Section 6.2(iv).

  • Minimum Payments $50 (with respect to all funds in the aggregate.) No payment pursuant to this Schedule is payable to a dealer, bank or other service provider for the first year with respect to sales of $1 million or more, at no load, in cases where A I M Distributors, Inc. has advanced the service fee to the dealer, bank or other service provider.

  • Minimum Charge means the higher of the rate minimum and the rate applied to the Contracted Minimum Demand;

  • Clearance System Business Day means, with respect to the Clearance System, any day (other than a Saturday or Sunday) on which the Clearance System is open for the acceptance and execution of settlement instructions.

  • Multiple Listing Service A means for collecting and disseminating information about real property that is or has been for sale, including a means for real estate brokers to make offers of cooperation and compensation to each other. Multiple Listing Services may also include, without limitation, the provision of data processing, technical support, consulting, and other information technology services to real estate brokers and appraisers in connection with the sale and appraisal of real property.

  • Ambient air quality standard means an established concentration, exposure time, and frequency of occurrence of air contaminant(s) in the ambient air which shall not be exceeded.

  • relevant minimum wage means the minimum wage and includes any incremental adjustment prescribed in this award for the class of work for which an employee is engaged