COLLECTIONS AND RETURNS Sample Clauses

COLLECTIONS AND RETURNS. The parties hereby agree that Producer shall be responsible to collect all premiums and other fees due in connection with all business produced or handled by Producer during the term of this Agreement, as well as any other business serviced by Producer during the term of this Agreement, in accordance with the practices and procedures established by Agency. Premiums that have been entered into Agency's accounting system, but which payment has not been received by Agency within forty-five (45) days of the effective date of the insurance coverage in question, shall be charged-back or debited to Producer. In the event Producer is able to collect either full or partial payment of any amounts which were charged-back or debited, then the amount collected, less Agency's actual expense in connection with the collection, will be credited to Producer. Any cancellations or adjustments of business developed by Producer, which necessitate the return of amounts previously credited to Producer, will be charged-back to Producer at the same percentage rate as was in effect at the time the commission or fee was credited to Producer. Agency retains the right to waive or modify these collection terms for a selected Policy or Account, upon written request by Producer. Such requests will be considered on an individual basis. Any forbearance, waiver, modification, or adjustment made by Agency for a single Policy or Account or Producer, shall not be a waiver of Agency's right to enforce established, standard practices with regard to other or future situations. Producer agrees to remit to Agency within twenty-four (24) hours all monies he/she may receive in payment of premiums on policies written through Agency, or in payment of any other products or services sold thru Agency; whether or not such business is produced by Producer. All funds collected or held by Producer shall be held in a fiduciary capacity for Agency.
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COLLECTIONS AND RETURNS. Midway shall assist WEG in collections and shall administer all product returns according to WEG's policies.
COLLECTIONS AND RETURNS. 6.1. The parties hereby agree that Producer shall be responsible to collect all premiums and other fees due in connection with all business produced or handled by Producer during the term of this Agreement, as well as any other business serviced by Producer during the term of this Agreement, in accordance with the practices and procedures established by Agency. _________ _________ _________ _________ Initials Date 4 Initials Date
COLLECTIONS AND RETURNS. Vehicles are available for collection between 3pm and 4pm and must be returned between 10.30am and 11am unless otherwise arranged in writing. Failure to comply with these will result in the hirer being surcharged at the rate of £50 per hour or part thereof for the first three hours and thereafter the balance of the security deposit together with any additional costs incurred by the company. No refunds will be given for an early return of the vehicle. The hirer acknowledges delivery of the vehicle clean and the contents free from any defect or damage and complete other than as specified by the company on the inventory/damage declaration form. The hirer is advised to check the vehicle thoroughly before leaving the Company’s premises. Upon return, the Company's representative will check the vehicle for damage (particularly the windscreen which is not included in the Company's insurance cover - any such damage is the hirer's responsibility) and cleanliness. Failure to return the vehicle in a clean condition (particularly the cooker, oven and chemical toilet) will incur a £50 valeting charge and a charge of £50 will be made for unemptied chemical toilet tanks.
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