Trail Commissions definition

Trail Commissions has the meaning set forth in the Master Transaction Agreement.

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Trail Commissions means any annual fees, trail commissions, brokerage and renewal premium received by the Licensee referable to the Financial Planning Services provided to a Client other than up-front, initial or one-off fees. Work Out Proposal means a proposal to pay a liability amounts by instalments set off by the Licensee against Business Revenue as an alternative to a single lump sum payment.

Trail Commissions. For policy years six and thereafter, a trail commission on an annualized basis is calculated monthly based on the policy's net account value at the end of the prior month. It is payable monthly provided the policy is in force, and not subject to grace period provisions.

Examples of Trail Commissions in a sentence

All Trail Commissions, including Renewal and Ultimate Commissions, calculated by Security Life to be due and payable to the Selling Broker-Dealers under the Selling Agreements.
Lifetime Renewal, Service or Trail Commissions will not be payable after your termination.
Trail Commission: Trail Commissions will be computed at an annual rate of 0.10% of the average variable account value for the previous policy year and paid annually beginning when the policy has been in effect for 25 months.
Such Trail Commissions shall be paid to FTBR on a monthly basis within 10 days after the end of the month in which such Trail Commissions are actually received by JMC.
The purchase and sale of Securities pursuant to this Agreement shall occur at the offices of White & Case LLP, 1155 Avenue of the Americas, Ne▇ ▇▇▇▇, ▇▇▇ ▇▇▇▇ ▇▇▇▇▇-▇▇▇▇, ▇▇ ▇:▇▇ ▇.▇., ▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇ime, on December 10, 1999, or such other time as shall be agreed upon by the Purchasers and the Company (such time and date of payment and delivery being herein called the "Closing Time").
FTB or FTBR will receive 100% of all Trail Commissions earned pursuant to the Trail Commission Agreements after December 31, 1997.
In the event of a dispute between partners and owners of a Dealer-owned ownership of rights to Trail Commissions, MIDCOM shall have the right to hold in an escrow account maintained by MIDCOM the disputed commissions or it may interplead and deposit the funds with a court of competent jurisdiction at the expense of the disputing parties.
Upon receipt of payment of the Asset Fee Purchase Price, JMC shall assign to FTB or FTBR all of its right, title and interest in and to all Trail Commissions which were included in the calculation of the Asset Fee Purchase Price and thereafter FTB or FTBR, as the case may be, shall receive one hundred percent (100%) of such Trail Commissions paid by Product Providers.
However, nothing in this clause will prevent the Company from withholding payment of Commissions or Trail Commissions in the event the Franchisee is in default of this Agreement or a Claw Back applies.
Payment of Trail Commissions will be made at the times set forth in the Compensation Supplement (Appendix B).

More Definitions of Trail Commissions

Trail Commissions means all trail commissions payable by JMC Product Providers, including, without limitation, asset and renewal fees and 12b-1 fees.

Trail Commissions. Trail commissions under Options B & C will be paid each anniversary during the Guaranteed Period on the Accumulated Value as of that anniversary date.

Trail Commissions has the meaning set forth in Section 5.14.

Trail Commissions for policy years 5 through 20, a trail commission of 0.20% for Variable Survivorship Universal Life on an annualized basis is calculated at the end of each month based on the policy's net account value at the end of the prior month. The trail commission is payable annually at the end of a policy year provided the policy is in force, and not subject to grace period provisions, on that date.

Trail Commissions. Commissions are paid quarterly, based on contract value calculated at the end of each calendar quarter. Commissions are paid on each Contract that has been in force at least 12 months. Internal Exchange Commission Schedule - Perspective Advantage Fixed and Variable AnnuitySM Contracts (VA600) Owner Issue Ages Under 75 Surrender Charge Option A Option B Remaining On Percent of Initial Premium Percent of Initial Premium/ JNL Fixed Annuity Contract Annual Trail % on Contract that has been in force at least 12 months 4.25% - 4.50% 0.50%/0% Not Available 3.75% - 4.24% 1.00%/0% Not Available 3.25% - 3.74% 1.50%/0% 0.50%/0.25% 2.75% - 3.24% 2.00%/0% 1.00%/0.25% 2.25% - 2.74% 2.50%/0% 1.50%/0.25% 1.75% - 2.24% 3.00%/0% 2.00%/0.25% 1.25% - 1.74% 3.50%/0% 2.50%/0.25% 0.75% - 1.24% 4.00%/0% 3.00%/0.25% 0.25% - 0.74% 4.50%/0% 3.50%/0.25% Less than 0.25% 5.00%/0% 4.00%/0.25% Owner Issue Ages 76-80 Surrender Charge Option A Option B Remaining On Percent of Initial Premium Percent of Initial Premium/ JNL Fixed Annuity Contract Annual Trail % on Contract that has been in force at least 12 months 2.25% - 4.50% None Not Available 1.75% - 2.24% 0.50%/0% Not Available 1.25% - 1.74% 1.00%/0% 0.50%/0.25% 0.75% - 1.24% 1.50%/0% 1.00%/0.25% 0.25% - 0.74% 2.00%/0% 1.50%/0.25% Less than 0.25% 2.50%/0% 2.00%/0.25% Commission Schedule - Perspective Advisors Fixed and Variable AnnuitySM Contracts (VA400) COMMISSIONS 1.10% annual trail commission on each contract (Commissions are paid quarterly, beginning at the end of the quarter in which the policy is issued, based on contract value calculated at the end of each calendar quarter.) Annuitization Commission Schedule Perspective Fixed and Variable Annuity (VA200) Perspective Advisors Fixed and Variable Annuity (VA400) J▇▇▇▇▇▇ National Life Defined Strategies Variable Annuity (VA200) Perspective Advantage Fixed and Variable Annuity (VA600) Annuity Option Selected Percent of Contract Value at Annuity Date Annuity Option 1 - Life Income 2.0% Annuity Option 2 - Joint and Survivor Annuity 2.0% Annuity Option 3 - Life Annuity with 120 or 240 Monthly Payments Guaranteed 2.0% Annuity Option 4 - Income for a Specified Period (Periods of 10 years or more) 2.0%