Applicable Commission Sample Clauses

Applicable Commission. As used herein, the “Applicable Commission” shall mean with respect to transactions for which the Sales Price or the Third Party Price is agreed during the following periods: (a) from the date of this Agreement until the date that is one year from the date hereof, [*]% of the applicable Sales Price or Third Party Price, (b) for the second year of the Term, [*]% of the applicable Sales Price or Third Party Price, (c) for the third year of the Term, [*]% of the applicable Sales Price or Third Party Price, (d) for the fourth year of the Term and each year of the Term thereafter through the tenth year of the Term, [*]% of the applicable Sales Price or Third Party Price and (e) for each subsequent one (1) year renewal period, such percentage of the applicable Sales Price or Third Party Price as RDC and RCR shall negotiate and agree in good faith at least thirty (30) days before the commencement of such twelve (12) month period. Notwithstanding the foregoing, the maximum amount of the Applicable Commission payable by RDC to RCR hereunder shall not exceed $[*] with respect to any of the ten (10) twelve-month periods ending on the first ten (10) anniversaries of the date hereof.
Sample 1
AutoNDA by SimpleDocs
Applicable Commission. This amount equals the Base Commission plus the Commission Rate Adjustments plus Dollar Based Adjustments.
Sample 1
Applicable Commission. As used herein, the “Applicable Commission” shall mean with respect to transactions for which the Sales Price or the Third Party Price is agreed during the following periods: (a) from the date of this Agreement until the date that is four years from the date hereof, [*]% of the applicable Sales Price or Third Party Price, and (b) for the fifth year of the Term, each year of the Second Term and each subsequent one (1) year renewal period, such percentage of the applicable Sales Price or Third Party Price as RDC and RCR shall negotiate and agree in good faith at least thirty (30) days before the commencement of such twelve (12) month period. Notwithstanding the foregoing, the maximum amount of the Applicable Commission payable by RDC to RCR hereunder shall not exceed $[*] with respect to any of the four twelve (12) month periods ending on the first four (4) anniversaries of the date hereof.
Sample 1

Related to Applicable Commission

  • 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.

  • CEDING COMMISSION The Reinsurer shall allow the Company a ceding commission of (or a proportionate share of such amount in the event of a Quota Share Reduction) per annum, to be taken as a deduction from the first monthly premium payment to the Reinsurer at the commencement of this Contract and at each annual anniversary thereof, to cover the Company's operational costs directly allocable to writing the business subject hereto.

  • 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.

  • 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.

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

  • 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.

  • Commission The term “

  • No Commission Subject to this clause 12, no Paying Agent may charge any commission or fee in relation to any payment by it under this Agreement.

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

  • 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.

Time is Money Join Law Insider Premium to draft better contracts faster.