Primary Sales definition

Primary Sales means the first time that an NFT collection is sold by a Licensee to an End User using the Protocol, presently available here;
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Primary Sales or "PSAPL" means Primary Sales Australia Pty Ltd (ACN 608 575 051; ABN 90 608 575 051), its successors and assigns or any person acting on behalf of and with the authority of Primary Sales Australia Pty Ltd.
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Primary Sales means a first Sale of an original Artwork on behalf of an Artist/ author/creator of an original Artwork limited-edition reproduction of an Artwork. “Secondary Sales “means a sale or disposition of an Artwork between buyers and sellers other than a Primary sale.
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Examples of Primary Sales in a sentence

  • From such dealer manager fee, the Dealer Manager will pay a wholesaler fee in an amount up to 1.35% of the purchase price of the Primary Sales, all of which will be re-allowed to certain wholesalers, some of which are internal to the Company and its affiliates.

  • Notwithstanding the foregoing, to the extent a Soliciting Dealer Agreement provides for a higher Marketing Allowance, such higher Marketing Allowance will be reallowed by the Dealer Manager to such Selling Group Member; provided, however, that the Marketing Allowance provided in any Selling Group Member’s Soliciting Dealer Agreement shall not exceed 1.25% of the purchase price of the Primary Sales by such Selling Group Member.

  • Further, from such dealer manager fee, the Dealer Manager will reallow 1.0% of the purchase price of the Primary Sales to the Selling Group Members as a non-accountable marketing and due diligence allowance (“Marketing Allowance”).

  • Further notwithstanding the foregoing, if a Primary Sale is made by a registered investment advisor that is unaffiliated with a Selling Group Member, then no Marketing Allowance will be reallowed to any Selling Group Member and, in lieu of such Marketing Allowance, the Dealer Manager shall reallow 0.50% of the purchase price of such Primary Sales to certain wholesalers as directed by the Company, some of which are internal to the Company and its affiliates.

  • The Deferred Selling Commission will accrue daily based on the number of outstanding Class T Primary Sales.

  • Exhibit A...................................Area of Primary Sales Responsibility Exhibit B...........................................List of Excluded Subscribers Exhibit C.................................................

  • Subject to the conditions described herein, the Dealer Manager will reallow to Selling Group Member the Deferred Selling Commission in an amount equal to 1.0% per annum of the per share estimated value of the Class T Primary Sales sold by Selling Group Member.

  • Further, from such dealer manager fee, the Dealer Manager will reallow 1.0% of the purchase price of the Primary Sales to the Selling Group Members as a non-accountable marketing and due diligence allowance, and may reallow up to 0.25% of the purchase price of the Primary Sales to the Selling Group Members for marketing expenses or may retain such amount for marketing expenses as agreed to by the Company and the Dealer Manager.

  • Our dealer network consists of 28 independently owned distributor dealers that each have at a minimum one physical location within their assigned Area of Primary Sales Responsibility (APSR), as well as, multiple outside sales professionals and inside sales support staff.

  • For clarity, the values of the Primary Sales and Secondary Market Sales will be calculated by using the market value of Ethereum at the time the Primary Sales and Secondary Market Transactions were completed.