RATE OF COMMISSION Sample Clauses

RATE OF COMMISSION. In the event that Principal(s) enter(s) into a Transaction with an Introduced Party, Principal(s) shall pay to the Agent a fee of ten percent (10%) of the payments received pursuant to the agreement between Principal(s) and an Introduced Party. The payments shall run with the underlying use or sale or lease agreement or assignment unless the underlying sale, lease or assignment is terminated for non-use or failure to market where a market exists. Such compensation shall be paid within thirty (30) days following receipt thereof by Principal(s) and Agent shall be provided with annual accountings. Agent at its option may elect to receive any payment directly from the Introduced Party in which case, Agent shall receive an annual accounting from the Introduced Party directly. All payments due and payable hereunder shall be made at the addresses hereinabove set forth unless Agent has otherwise notified Principal(s) in writing of a different address for payment. Commento [o9]: Identification of the agent’s duties
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RATE OF COMMISSION. The Borrower shall be liable to pay to the Bank commission on various facilities at the rate (if any) specified in the Sanction Letter or Individual Facility Sanction Letter and the same shall be payable on the Facilities at the rates agreed to between the Bank and the Borrower or as maybe intimated by the Bank in writing from time to time and the Borrower shall not dispute the same ..
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RATE OF COMMISSION. The Borrower shall be liable to pay to the Bank commission on various non-funded facilities including letters of credit, bank guarantees, etc. at the rate specified in the Individual Facility Sanction Letter and the same shall be payable on the Facilities at the rates agreed to between the Bank and the Borrower as mentioned in Schedule II hereto or as maybe intimated by the Bank in writing from time to time and the Borrower shall not dispute the same. If no rate of commission is specified in the Individual Facility Sanction Letter, the Borrower shall be liable to pay commission at the Bank’s Card Rates (Standard Rates) as in force from time to time.
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RATE OF COMMISSION. The Borrower shall be liable to pay commission (collectively “Commission”) to the Bank on various Non-Fund Based Facilities including letters of credit, bank guarantees, etc. at the rate specified in the Facility Letter or Schedule hereto or as maybe intimated by the Bank in writing from time to time to the Borrower and the Borrower shall not dispute the same. If no rate of commission is specified in the Facility Letter, the Borrower shall be liable to pay commission at the Bank’s Card Rates (Standard Rates) as in force from time to time which the Borrower shall be obligated to check with Bank and such rates shall be final and binding on the Borrower.
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RATE OF COMMISSION. In the event that Principals enters into a Transaction with an Introduced Party, Principals shall pay to the Agent a fee of one percent (1%) of the gross contract value or of the total payments received pursuant to the agreement between Principals and an Introduced Party at the Principals standard profit structure. If the Principal is required to reduce its standard profit structure in order to secure a contract, then the Principals shall advise the Agent (in writing) of the reduction percentage and the Agent shall (at his sole option) decide if he will agree to reduce his commission pro-rata to the actual profit margin reduction calculated by the Principals from the gross contract value or of the total payments received. The payments shall run with the underlying use or sale or lease agreement unless the underlying sale or lease is terminated prior to the delivery or installation of the Products. Such compensation shall be paid within fifteen (15) days following receipt thereof by Principals and Agent shall be provided with annual accountings. If the Agent (at its option) elects to receive any payment directly from the Introduced Party, then the Agent shall receive an annual accounting from the Introduced Party directly. All payments due and payable hereunder shall be made at the addresses hereinabove set forth unless Agent has otherwise notified Principals in writing of a different address for payment.
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RATE OF COMMISSION. The current effective Commission Rate payable to Agent shall be fifteen (l5%) percent.
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RATE OF COMMISSION. The Commission has been agreed to HKDIO.OO on every bottle sale of Rocitin.
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Related to RATE OF COMMISSION

  • Rate of Exchange upon request by the Issuer inform the Issuer of the spot rate of exchange quoted by it for the purchase of the currency in which the relevant Notes are denominated against payment of Euro (or such other currency specified by the Issuer) on the date on which the Relevant Agreement (as defined in the Dealer Agreement) in respect of such Notes was made; and

  • Interest Rates; LIBOR Notification The interest rate on Eurodollar Loans is determined by reference to the LIBO Rate, which is derived from the London interbank offered rate. The London interbank offered rate is intended to represent the rate at which contributing banks may obtain short-term borrowings from each other in the London interbank market. In July 2017, the U.K. Financial Conduct Authority announced that, after the end of 2021, it would no longer persuade or compel contributing banks to make rate submissions to the ICE Benchmark Administration (together with any successor to the ICE Benchmark Administrator, the “IBA”) for purposes of the IBA setting the London interbank offered rate. As a result, it is possible that commencing in 2022, the London interbank offered rate may no longer be available or may no longer be deemed an appropriate reference rate upon which to determine the interest rate on Eurodollar Loans. In light of this eventuality, public and private sector industry initiatives are currently underway to identify new or alternative reference rates to be used in place of the London interbank offered rate. In the event that the London interbank offered rate is no longer available or in certain other circumstances as set forth in Section 2.14(c) of this Agreement, such Section 2.14(c) provides a mechanism for determining an alternative rate of interest. The Administrative Agent will notify the Borrower, pursuant to Section 2.14, in advance of any change to the reference rate upon which the interest rate on Eurodollar Loans is based. However, the Administrative Agent does not warrant or accept any responsibility for, and shall not have any liability with respect to, the administration, submission or any other matter related to the London interbank offered rate or other rates in the definition of “LIBO Rate” or with respect to any alternative or successor rate thereto, or replacement rate thereof, including without limitation, whether the composition or characteristics of any such alternative, successor or replacement reference rate, as it may or may not be adjusted pursuant to Section 2.14(c), will be similar to, or produce the same value or economic equivalence of, the LIBO Rate or have the same volume or liquidity as did the London interbank offered rate prior to its discontinuance or unavailability.

  • Rate Quotations The Borrower may call the Administrative Agent on or before the date on which a Loan Request is to be delivered to receive an indication of the rates then in effect, but it is acknowledged that such projection shall not be binding on the Administrative Agent or the Lenders nor affect the rate of interest which thereafter is actually in effect when the election is made.

  • Determination of Commercial Paper Rate If the Interest Rate Reset Basis specified above is the Commercial Paper Rate, the interest rate with respect to this Note will be the Commercial Paper Rate plus or minus the Spread, if any, or multiplied by the Spread Multiplier, if any, as specified above. “Commercial Paper Rate” means, with respect to any Interest Determination Date, the Money Market Yield (as defined below) of the rate on such Interest Determination Date for commercial paper having the Index Maturity specified above as published in H.15(519) under the caption “Commercial Paper-Nonfinancial”. In the event that such rate is not published by 3:00 P.M., New York City time, on the Calculation Date pertaining to such Interest Determination Date, then the Commercial Paper Rate will be the rate on such Interest Determination Date for commercial paper having the Index Maturity specified above as published in H.15 Daily Update, or other recognized electronic source used for the purpose of displaying the applicable rate, under the caption “Commercial Paper-Nonfinancial.” If by 3:00 P.M., New York City time, on such Calculation Date such rate is not yet published in either H.15(519), H.15 Daily Update or other recognized electronic source, the Commercial Paper Rate for such Interest Determination Date will be calculated by the Calculation Agent and will be the Money Market Yield of the arithmetic mean of the offered rates at approximately 11:00 A.M., New York City time, on that Interest Determination Date, of three leading dealers of United States dollar commercial paper in The City of New York selected by the Calculation Agent for commercial paper having the Index Maturity specified above placed for industrial issuers whose bond rating is “AA,” or the equivalent, from a nationally recognized statistical rating organization; provided, however, that if the dealers selected as aforesaid by the Calculation Agent are not quoting as mentioned in this sentence, the Commercial Paper Rate determined as of such Interest Determination Date will be the Commercial Paper Rate in effect on such Interest Determination Date.

  • Determination of Treasury Rate Unless otherwise specified in the applicable Pricing Supplement if the Base Rate specified on the face hereof is the Treasury Rate, the “Treasury Rate” means, with respect to any Treasury Rate Determination Date (as defined below), the rate for the auction held on such Treasury Rate Determination Date of direct obligations of the United States (“Treasury bills”) having the Index Maturity specified on the face hereof, as published in H.15(519) under the heading “U.S. Government Securities-Treasury bills-auction average (investment)” or, if not so published by 3:00 P.M., New York City time, on the Calculation Date pertaining to such Treasury Rate Determination Date, the auction average rate (expressed as a bond equivalent on the basis of a year of 365 or 366 days, as applicable, and applied on a daily basis) as otherwise announced by the United States Department of the Treasury for Treasury bills on such Treasury Rate Determination Date having the Index Maturity specified on the face hereof. In the event that the results of the auction of Treasury bills having the Index Maturity specified on the face hereof are not published or reported as provided above by 3:00 P.M., New York City time, on such Calculation Date, or if no such auction is held on such Treasury Rate Determination Date, then the Treasury Rate shall be calculated by the Calculation Agent and shall be a yield to maturity (expressed as a bond equivalent on the basis of a year of 365 or 366 days, as applicable, and applied on a daily basis) of the arithmetic mean of the secondary market bid rates, as of approximately 3:30 P.M., New York City time, on such Treasury Rate Determination Date, of three leading primary United States government securities dealers selected by the Calculation Agent for the issue of Treasury bills with a remaining maturity closest to the Index Maturity specified on the face hereof; provided, however, that if the dealers selected as aforesaid by the Calculation Agent are not quoting bid rates as mentioned in this sentence, the rate of interest for the applicable period will be the rate of interest in effect on such Treasury Rate Determination Date. The “Treasury Rate Determination Date” will be the day of the week in which the related Interest Reset Date falls on which Treasury bills would normally be auctioned. Treasury bills are normally sold at auction on Monday of each week, unless that day is a legal holiday, in which case the auction is normally held on the following Tuesday, except that such auction may be held on the preceding Friday. If, as the result of a legal holiday, an auction is so held on the preceding Friday, such Friday will be the Treasury Date Determination Date pertaining to the Interest Reset Date occurring in the next succeeding week. If an auction date shall fall on any Interest Reset Date for a Note whose Base Rate is the Treasury Rate, then such Interest Reset Date shall instead be the first Business Day immediately following such auction date. The interest rate for each such Interest Reset Date shall be the Treasury Rate plus or minus the Spread or multiplied by the Spread Multiplier, if any, as indicated on the face hereof.

  • Limit on Rate of Interest (a) No Payment shall exceed Lawful Rate. Notwithstanding any other term of this Agreement, the Borrower shall not be obliged to pay any interest or other amounts under or in connection with this Agreement in excess of the amount or rate permitted under or consistent with any applicable law, rule or regulation.

  • Currency; Exchange Rate All payments under this Agreement shall be payable in U.S. Dollars. The rate of exchange to be used in computing the amount of currency equivalent in U.S. Dollars for calculating Net Sales in a Calendar Quarter (for purposes of both the royalty calculation and whether a Net Sales milestone has been achieved) shall be made at the average exchange rate as published by the Wall Street Journal for such Calendar Quarter, or such other source as the Parties may agree in writing.

  • Interest Rates and Letter of Credit Fee RATES, PAYMENTS, AND CALCULATIONS.

  • Normal rate of interest Subject to the provisions of this Agreement, the rate of interest on the Loan in respect of an Interest Period shall be the aggregate of the Margin and LIBOR for that Interest Period.

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