Trail Commission Sample Clauses

Trail Commission. Trail commissions at the annual rate shown above are computed monthly, as of the end of each Contract month, on the Contract's Accumulated Value less any Contract debt (including any interest accrued but not yet paid). Trail commissions commence on the first Contract anniversary and will be made annually on each Contract anniversary thereafter. Trail commissions will be paid only if the Contract is in force on the date the commission is payable.
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Trail Commission. Under Option B, no trail commissions will be paid until after the end of the first Contract year. At that time, quarterly trail commissions will be paid at the annual rate of 0.25% of the Contract's accumulated value less any Contract debt at the beginning of the Contract quarter, starting with the fifth Contract quarter. Trail commissions will be payable on the next commission cycle at the beginning of each Contract quarter, provided the Contract is in force on such commission cycle date.
Sample 1Sample 2
Trail Commission. Under Option B, a trail commission (the percentage ---------------- indicated) on an annualized basis is calculated at the end of each month based on the Contract's Accumulation Value at the end of the prior month. The trail commission will be payable annually at the end of a Contract year prior to the annuity date provided the Contract is in force on such date.
Sample 1Sample 2
Trail Commission. The Trail Commission is calculated on the basis of ‘Daily Average Assets'. The amount payable to the distributor shall be paid the following month.
Sample 1
Trail Commission. Trail commissions are calculated and paid quarterly, using the applicable annualized rate, and are based upon the Contract’s accumulated value less any Contract debt. Of the trail commissions paid, pursuant to a Service Plan (“Plan”) adopted by Pacific Select Fund (“Fund”), and for so long as the Plan remains in effect, an annual rate of 20 basis points (.20%) is compensation for servicing the Contract Owners and providing Contract Owners with information with respect to their underlying Variable Investment Options in Pacific Select Fund under their Contracts, including, but not limited to: responding to Contract Owner inquiries about the Fund and its Portfolios and Managers; providing information on premiums and cash values allocated to and historical activity in Variable Investment Options; assisting Contract Owners with the administration of Contract features relating to Variable Investment Options including transfers, dollar cost averaging, asset allocation, rebalancing, and allocation of Contract withdrawals; responding to inquiries regarding Fund documents including the prospectus, SAI, supplements, reports, notices and proxies; and such other services and information as may be reasonably requested by its customers from time to time respecting the Fund and its Portfolios. It does not in any way increase the commission otherwise payable hereunder, nor does it create or modify any right to receive such amounts. Trail commissions will be payable on the next commission cycle following each trail calculation date, provided the Contract is in force on such commission cycle date and the Broker/Dealer remains the Broker/Dealer of record on the Contract. The Contract’s accumulated value and debt are determined as of the first business day of the applicable Contract quarter. Contract quarter is calculated from the issue date.
Sample 1
Trail Commission. Trail commissions are annualized and paid quarterly, using the applicable annualized rate, and are based upon the Contract’s total purchase payments. Trail commissions cease paying on the earliest of the last annuity payment, when a contract is terminated or when a death benefit is paid.
Sample 1
Trail Commission. TO BE COMPLETED BY BROKER/INTRODUCER (IF APPROPRIATE): Name of Broker/Introducer (if applicable) ............................................................................................................................................................................. Stamp of Broker/Introducer or full address ............................................................................................................................................................................. FCA regulatory number .......................................................................................................................................
Sample 1
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Trail Commission. APPLICATION PACK - CLIENT CLASSIFICATION Please note that the Fund Manager may only deal with professional clients, not retail. Therefore, please could you confirm whether you are eligible to be opted up to ‘elective professional client’ status against the ‘qualitative’ criteria below. If you are unsure whether you may be opted up, please seek guidance.
Sample 1

Related to Trail Commission

  • Sales Commission You shall be entitled to charge a sales commission on the sale or redemption, as appropriate, of each series and class of each Fund’s Shares in the amount of any initial, deferred or contingent deferred sales charge as set forth in our then effective prospectus. You may allow any sub-agents or dealers such commissions or discounts from and not exceeding the total sales commission as you shall deem advisable, so long as any such commissions or discounts are set forth in our current prospectus to the extent required by the applicable Federal and State securities laws. You may also make payments to sub-agents or dealers from your own resources, subject to the following conditions: (a) any such payments shall not create any obligation for or recourse against the Fund or any series or class, and (b) the terms and conditions of any such payments are consistent with our prospectus and applicable Federal and State securities laws and are disclosed in our prospectus or statement of additional information to the extent such laws may require.

  • Brokerage Commission Contributor has not engaged the services of, nor has it or will it or Acquirer become liable to, any real estate agent, broker, finder or any other person or entity for any brokerage or finder's fee, commission or other amount with respect to the transactions described herein on account of any action by Contributor. Contributor hereby agrees to indemnify and hold Acquirer and its employees, directors, members, partners, affiliates and agents harmless against any claims, liabilities, damages or expenses arising out of a breach of the foregoing. This indemnification shall survive Closing or any termination of this Agreement.

  • Broker Commission If the Closing occurs, Seller agrees to pay Broker a commission according to the terms of a separate contract. Broker shall not be deemed a party or third party beneficiary of this Contract.

  • Sales Commissions You shall not be entitled to charge a sales commission on the sale of Shares of the Company.

  • Excess Brokerage Commissions The Adviser is hereby authorized, to the fullest extent now or hereafter permitted by law, to cause the Corporation to pay a member of a national securities exchange, broker or dealer an amount of commission for effecting a securities transaction in excess of the amount of commission another member of such exchange, broker or dealer would have charged for effecting that transaction, if the Adviser determines in good faith, taking into account such factors as price (including the applicable brokerage commission or dealer spread), size of order, difficulty of execution, and operational facilities of the firm and the firm’s risk and skill in positioning blocks of securities, that such amount of commission is reasonable in relation to the value of the brokerage and/or research services provided by such member, broker or dealer, viewed in terms of either that particular transaction or its overall responsibilities with respect to the Corporation’s portfolio, and constitutes the best net results for the Corporation.

  • Broker’s Commission The parties recognize as the broker(s) who negotiated this Lease the firm(s), if any, whose name(s) is (are) stated in Item 10 of the Basic Lease Provisions, and agree that Landlord shall be responsible for the payment of brokerage commissions to those broker(s) unless otherwise provided in this Lease. Tenant warrants that it has had no dealings with any other real estate broker or agent in connection with the negotiation of this Lease, and Tenant agrees to indemnify and hold Landlord harmless from any cost, expense or liability (including reasonable attorneys' fees) for any compensation, commissions or charges claimed by any other real estate broker or agent employed or claiming to represent or to have been employed by Tenant in connection with the negotiation of this Lease. The foregoing agreement shall survive the termination of this Lease. If Tenant fails to take possession of the Premises or if this Lease otherwise terminates prior to the Expiration Date as the result of failure of performance by Tenant, Landlord shall be entitled to recover from Tenant the unamortized portion of any brokerage commission funded by Landlord in addition to any other damages to which Landlord may be entitled.

  • Brokerage Commissions All brokers' commissions and other charges incident to the purchase, sale or lending of the Fund 's portfolio securities.

  • Additional Commission In addition to the payments owed pursuant to Paragraph 1.10 above, and unless Lessor and the Brokers otherwise agree in writing, Lessor agrees that: (a) if Lessee exercises any Option, (b) if Lessee acquires any rights to the Premises or other premises owned by Lessor and located within the same Project, if any, within which the Premises is located, (c) if Lessee remains in possession of the Premises, with the consent of Lessor, after the expiration of this Lease, or (d) if Base Rent is increased, whether by agreement or operation of an escalation clause herein, then, Lessor shall pay Brokers a fee in accordance with the schedule of said Brokers in effect at the time of the execution of this Lease.

  • Filings with the Commission The Company will:

  • Dealers’ Commissions Except for volume discounts described in the “Plan of Distribution” section of the Prospectus, which volume discounts shall be the responsibility of the Dealer to provide to investors who qualify, and except as otherwise provided in the “Plan of Distribution” section of the Prospectus, the Dealer’s sales commission applicable to the Shares sold by Dealer which it is authorized to sell hereunder is 7.0% of the gross proceeds of Shares sold by it and accepted and confirmed by the Company, which commission will be payable by the Dealer Manager. No sales commissions shall be paid with respect to Shares issued and sold pursuant to the Company’s distribution reinvestment plan. For these purposes, shares shall be deemed to be “sold” if and only if a transaction has closed with a subscriber for Shares pursuant to all applicable offering and subscription documents, the Company has accepted the subscription agreement of such subscriber, and such Shares have been fully paid for. The Dealer affirms that the Dealer Manager’s liability for commissions payable is limited solely to the proceeds of commissions receivable from the Company, and the Dealer hereby waives any and all rights to receive payment of commissions due until such time as the Dealer Manager is in receipt of the commission from the Company. In addition, as set forth in the Prospectus, the Dealer Manager may, in its sole discretion, reallow a portion of its dealer manager fee to Dealers participating in the offering of Shares as marketing fees, reimbursement of costs and expenses of attending educational conferences or to defray other distribution-related expenses. The parties hereby agree that the foregoing commission is not in excess of the usual and customary distributors’ or sellers’ commission received in the sale of securities similar to the Shares, that Dealer’s interest in the offering is limited to such commission from the Dealer Manager and Dealer’s indemnity referred to in Section 4 of the Dealer Manager Agreement, and that the Company is not liable or responsible for the direct payment of such commission to the Dealer. In addition, as set forth in the Prospectus, the Dealer Manager may reimburse Dealer up to 0.5% of gross proceeds for bona fide due diligence expenses incurred by such Dealer. The Dealer Manager shall have the right to require the Dealer to provide a detailed and itemized invoice as a condition to the reimbursement of any such due diligence expenses.

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