Upfront Commission definition
Examples of Upfront Commission in a sentence
If the customer discontinues a Product within one-hundred and eighty days after the Completed Order date, the Takeback will equal one-hundred percent (100%) of the Upfront Commission Payment.
The general commission payment treatment for a Partnering sale is that AD will be paid an Upfront Commission Payment equal to fifty percent (50%) of the Upfront Commission Payment which would be paid for the same sale if no Partnering took place.
The commitment bonus increases the Upfront Commission Payment by fifteen percent (15%).
AD will be eligible for the Upfront Commission Payment for any sale which is accepted by Ameritech prior to the date this Agreement is terminated.
To be clear, where Aussie has not received Direct Commission in respect of a Settled Loan, then the Settled Loan will not be included in the calculation of IMSV for the purposes of determining Upfront Commission payable to you.
Accordingly, despite any provision of this Schedule A specifying the manner in which Upfront Commission and trail commission (Loyalty Bonus) is calculated, Aussie may calculate the amount payable to you using the methodology used by the relevant Supplier or other product provider.
For example, some lenders may pay Upfront Commission on the Loan amount advanced, others on 75% of the Loan amount advanced, others on the credit limit, and others offset any credit balance(s) held in an Offset Account against the Loan balance.
You agree to indemnify and hold ACSI harmless from all claims, judgments, liabilities, expenses, or costs arising from your breach of this Agreement and/or acts or omissions.
The Upfront Commission Payment is subject to Takeback in the event the customer discontinues a service (for any or no reason) for which AD received commission in the past.
Sales of 1-800-CONFERENCE consist only of an Upfront Commission Payment, and no Residual Payment applies.