Override Commission definition

Override Commission means compensation received for the sale of insurance by a licensee who is not directly involved with a consumer.
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Override Commission means any commission payable pursuant to subparaqraphs c., d. or e. below, and the term "Other Incentive Compensation" shall mean any compensation payable pursuant to subparagraphs f., g. or h. below. Except for Override Commission and Other Incentive Compensation, Distributor's compensation under this Agreement for the performance of its obligations hereunder or otherwise with respect hereto will be the profits received by Distributor upon resale of Products purchased by the Distributor under the pricing terms set forth in Exhibit B hereto. In no event will Distributor be entitled to any payment for goodwill inuring to Argo-Tech's benefit which results from Distributor's performance hereunder; and neither Distributor nor Argo-Tech will be liable for damages on account of any loss of prospective profits, or any expenditure, investment, or obligations made or incurred by the other.
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Override Commission shall have the meaning given thereto in each of the Yamada Distributorship Agreement and the Yamada-Japan Distributorship Agreement.
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Examples of Override Commission in a sentence

  • Growth on existing clients is not eligible for New Business Override commission payment.

  • Override commission is calculated by taking 45% of $127,137.55 and subtracting the$9,000, yielding total damages on the claim for override commissions on the Lenoci Cases (Count One) of $48,211.90.

  • Override commission is an additional commission payment or benefit to an intermediary for meeting or exceeding agreed targets.

  • Override commission revenueThe Group estimates override commission revenue generated by airlines and leisure partners.

  • CPD itself should be amended so as to attract English teachers’ attention.

  • Some large brokers have significant market power, and can achieve higher commissions than smaller brokers.• Override commission for broker groups.

  • Override commission is received on an intergroup whole account quota share reinsurance contract and if this is excluded, the net acquisition cost ratio is 28.7%.

  • Override commission Special bonus commission for reaching pre-determined levels of sales over and above the normal commissions paid.

  • The second generation is the next qualified Team Leader (or above) in that same leg & so on.Override Commissions and Bonuses - Override commission is the amount of commission payable to an Organiser at the end of a computed month, in addition to the basic 24% (20% for School or Library Discount sales).

  • During IPO of secondary shares acquire funds the existing shareholders whose shares are issued in IPO on the public secondary market for securities for the first time.


More Definitions of Override Commission

Override Commission means the applicable percentage of Reinsured Contract Premium for each Reinsured Contract as such percentage is set forth under the column denoted "Cede Comm." on Schedule 1.2.
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Override Commission means, for each Override Policy, the advance against the Carrier Commission paid by Efinancial to Agent. Override Commissions paid by Efinancial to Agent shall be an indebtedness of Agent to Efinancial.
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Related to Override Commission

  • State Commission means any state regulatory agency having jurisdiction over retail electricity sales in any State in the PJM Region.

  • the Commission means the Charity Commission for England and Wales;

  • Interstate commission means the Interstate Commission for Juveniles created by Article III of this compact.

  • Competitive Real Estate Commission means a real estate or brokerage commission paid for the purchase or sale of a Property that is reasonable, customary and competitive in light of the size, type and location of the Property.

  • Appropriate Commission means as defined in the PPA;

  • Selling Commission means three percent (3%) of the gross proceeds of Shares sold pursuant to this Agreement, or as otherwise agreed between the Company and the Agent with respect to any Shares sold pursuant to this Agreement.

  • Diocesan Schools Commission means the education service provided by the diocese, which may also be known, or referred to, as the Diocesan Education Service.

  • Railways Commission means the Western Australian Government Railways Commission established pursuant to the Government Railways Xxx 0000;

  • Public Service Commission means the Public Service Commission constituted under this Constitution;

  • Finance commission means the Finance Commission of Texas.

  • Decommission means to remove a facility or site safely from service and reduce residual radioactivity to a level that permits:

  • Civil Service Commission means the commission required under Section 5 of Article XI of the Michigan Constitution of 1963.

  • 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.

  • Central Commission means the Central Electricity Regulatory Commission referred to in sub-section (1) of section 76 of the Act;

  • Public utilities means those utilities defined in sections 4905.02, 4905.03, 4907.02, and 4907.03 of the Revised Code; in the case of a foreign corporation, it means those utilities defined as public utilities by the laws of its domicile; and in the case of any other foreign issuer, it means those utilities defined as public utilities by the laws of the situs of its principal place of business. The term always includes railroads whether or not they are so defined as public utilities.

  • Election Assistance Commission means the commission established by Public

  • Election Commission means the Election Commission appointed by the President under article 324;

  • State Information Commission means the State Information Commission constituted under sub-section (1) of section 15;

  • City Commission means the legislative body of the City of Miami.

  • Redevelopment Commission means the Fishers Redevelopment Commission.

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

  • Investment opportunity means anything, tangible or intangible, that is offered, offered for sale, sold, or traded based wholly or in part on representations, either express or implied, about past, present, or future income, profit, or appreciation.

  • Public Utilities Act means the Illinois Public Utilities Act, 220 ILCS 5.

  • Equal Employment Opportunity For any federally assisted construction contract, as defined in 41 CFR 60-1.3, the contractor, subcontractor, subrecipient shall follow all of the requirements of the Equal Opportunity Clause as stated in 41 CFR 60-1.4.

  • University Grants Commission means the Commission established under section 4 of the University Grants Commission Act, 1956 (Central Act 3 of 1956);

  • FERC means the Federal Energy Regulatory Commission.