Sales Commission definition

Sales Commission. 1% for all Class C Funds except Virtus Multi-Sector Short Term Bond Fund

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Sales Commission. 1% for all Class C Funds except Virtus Newfleet Multi-Sector Short Term Bond Fund 0% for Virtus Newfleet Multi-Sector Short Term Bond Fund When original purchases of the Virtus Newfleet Multi-Sector Short Term Bond Fund Class C are exchanged to other Class C or C1 shares, the dealer will receive a 1% sales commission.

Sales Commission shall have the meaning given to such term in the Sales Commission Agreement.

Examples of Sales Commission in a sentence

• Agent shall be compensated for each Product sold in accordance with the commission or fee schedule set forth in Exhibit A –Product Sales Commission Fee Schedule.

• You shall retain any of the 7% Sales Commission and the 2.5% Dealer-Manager fee not reallowed to the Selling Agents or the wholesalers.

• The General Sales Agent shall be paid an Agency Sales Commission (hereinafter referred to as ORC), on the sale of Cargo on Airline’s documents issued by the General Sales Agent.

• Sales Commission: 1% for all Class C Funds except the Virtus Newfleet Short Duration High Income Fund which is 0.75% and no commission is paid on the Virtus Newfleet Multi-Sector Short Term Bond Fund.

• Any reduction in the Sales Commission as a result of such a combination will be prorated among the individual investors whose Orders have been combined.

More Definitions of Sales Commission

Sales Commission means a fee paid to an agent for selling tick- ets on behalf of an auto transportation company.

Sales Commission means the commission paid to the seller’s agent who is related to the seller or the factory, governed by or acting for its favor or on its behalf.

Sales Commission means the front-end sales commission of up to 5% of the subscription amount of the Class A Fund Units being purchased as described in ITEM 8 – Compensation Paid to Dealers.

Sales Commission means an amount equal to (1) 4.0% of the net asset value of Shares being purchased subject to a contingent deferred sales charge payable at any time during the five-year period following purchase, or (2) 3.0% of the net asset value of Shares being purchased subject to a contingent deferred sales charge payable at any time during the four-year period following purchase. WMFD will pay or cause to be paid to the Funds the net asset value of such Shares being purchased. If payment for any purchase order for Class B Shares is not received in accordance with the terms of the applicable Fund Prospectus, WMFD reserves the right, without notice, to cancel the sale and Selling Broker-Dealer shall be responsible for any loss sustained as a result thereof.

Sales Commission means an amount up to 6.5% of Gross Proceeds from the sale of Shares in the Primary Offering payable to non-affiliated Selling Agents with respect to Shares sold by them.

Sales Commission means a fee paid to an agent for selling tickets on behalf of an auto transportation company.

Sales Commission means “sales commission compensation” as such term is defined in Treasury Regulation §1.409A-2(a)(12)(i).