Calculation of Referral Fees Sample Clauses

Calculation of Referral Fees. The Referral Fees for each Qualified Transaction shall be calculated as (i) twenty percent (20%) of the Net Recurring Revenue earned by Concur under the Qualified Transaction during the twelve (12) month period beginning on the first day of the first calendar month after the effective date of the Qualified Transaction (the “Initial Referral Period”); and (ii) ten percent (10%) of the Net Recurring Revenue earned by Concur pursuant to the Qualified Transaction after the Initial Referral Period.
Sample 1
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Calculation of Referral Fees. EVC shall pay Xxxx Atlantic the compensation ---------------------------- set forth in Schedule 2 for all Sales, Add-On Sales and EVC Sales. Xxxx Atlantic's right to compensation for Sales, Add-On Sales and EVC Sales made prior to termination or expiration of this Agreement shall survive such termination or expiration and shall remain payable until the expiration of the End User Contract for each End User; provided, however, that EVC shall not terminate prematurely or re-negotiate such contracts with the intent to deny Xxxx Atlantic compensation.
Sample 1
Calculation of Referral Fees. (a) Referral Associate’s portion of a referral fee is only due and payable to Referral Associate upon payment to, and receipt and clearance of, the total referral fee by Referral Network. Referral Associate’s portion of the total referral fee will be paid as soon thereafter as is practical. Referral Network shall not be liable to Referral Associate for any fees not collected by Referral Network, nor shall Referral Network be obligated to pursue collection of any such fee on behalf of Referral Associate. (b) The total referral fee paid to Referral Network by the Network Broker is a portion of the total commission received by Network Broker on the transaction side referred by Referral Associate for the services performed on behalf of the Referral Prospect. Referral Associate may not negotiate referral fees with the Network Broker or the real estate licensee assigned to service the Referral Prospect. Referral Network has established agreements for referral fees with Network Brokers, which may change from time to time. (c) Once the total referral fee is received, Referral Network shall pay Referral Associate two-thirds (2/3) of the total referral fee of the total commission paid by the Network Broker on the transaction side referred by Referral Associate. Example (for demonstrative purposes only) 25% referral fee 30% referral fee 35% referral fee Sales Price: $400,000.00 $400,000.00 $400,000.00 Commission rate: 3% of sales price 3% of sales price 3% of sales price Commissions paid: $12,000.00 $12,000.00 $12,000.00 Referral fee %: 25% 30% 35% Total referral fee: $3,000.00 $3,600.00 $4,200.00 Referral Associate split: 2/3 (66.67%) 2/3 (66.67%) 2/3 (66.67%) REFERRAL FEE: $2,000.00 $2,400.00 $2,800.00 (d) Corporate leads, and referral fees on commercial and industrial transactions, may vary and shall be set by Referral Network. Referral Associate will be notified, prior to placement of the referral, if the referral fee is less than the usual and customary referral fee in effect at the time. (e) Referral fees are not always available on rental/lease transactions.
Sample 1
Calculation of Referral Fees. (a) Referral Associate’s portion of a referral fee is only due and payable to Referral Associate upon payment to, and receipt and clearance of, the total referral fee by PAR Referrals, Inc. Referral Associate’s portion of the total referral fee will be paid as soon thereafter as is practical, PAR Referrals, Inc. shall not be liable to Referral Associate for any fees not collected by PAR Referrals, Inc., nor shall PAR Referrals, Inc. be obligated to pursue collection of any such fee on behalf of Referral Associate. (b) The total referral fee paid to PAR Referrals, Inc. by the Network Broker is a portion of the total commission received by Network Broker on the transaction side referred by Referral Associate for the services performed on behalf of the Referral Prospect. Referral Associate may not negotiate referral fees with the Network Broker or the real estate licensee assigned to service the Referral Prospect. PAR Referrals, Inc. has established agreements for referral fees with Network Brokers, which may change from time to time. (c) The Gross commission referral fee to Par Referrals, Inc. will be 30% of the total commission paid by the Network Broker on the transaction side referred by Referral Associate, unless otherwise agreed to in writing by PAR Referrals, Inc. and Referral Associate. The company will deduct its portion, 5% of Gross commission of the transaction side. The remainder (net Commission) 25% will be paid to Referral Associate subject to section 4a and 4b. If for any reason less than 30% is collected it will be paid, prorated 1/6th to Par Referrals, Inc and 5/6 to Referral Associate. • Single Family Home-Townhouse-Condo Closed Sale Referral Agent gets paid 25% (d) Corporate leads, and referral fees on commercial and industrial transactions, may vary and shall be set by PAR Referrals, Inc.. Referral Associate will be notified, prior to placement of the referral, if the referral fee is less than the usual and customary referral fee in effect at the time. (e) Referral fees are not always available on rental/lease transactions.
Sample 1

Related to Calculation of Referral Fees

  • PAYMENT OF REFERRAL FEE For each Referred Client, Recipient Broker/Agent shall pay Xxxx.xxx 35% of the gross compensation earned on the referred side in connection with the sale and purchase of real property by such Referred Client if closing occurs within 18 months after the date Xxxx.xxx identified via the monthly report, agent portal and/or placed such Referred Client to Recipient Agent, and the property closed with Recipient Agent (a “Referral Fee”). In the event Recipient Broker/Agent provides the Referred Clients information to another Agent in the brokerage and the Referred Client closes with that Agent, a Referral Fee will be due and that agent shall also be considered a Recipient Agent for the purposes of this Agreement. In the event the Recipient Broker/Agent is an active client of XXXX.xxx’s “Guaranteed Display” featured agent program at the time of the property closing, the applicable referral will be 30%. Recipient Broker/Agent shall either (i) direct the escrow/closing agent to pay the Referral Fee to Xxxx.xxx at closing or (ii) pay the Referral Fee directly to Xxxx.xxx within 15 calendar days of closing.

  • Referral Fees If the CLIENT was introduced to the ADVISER through a Solicitor, the ADVISER may pay that Solicitor a referral fee in accordance with Rule 206(4)-3 of the Investment Advisers Act of 1940. The referral fee shall be paid solely from Adviser Compensation as defined in this Agreement, and shall not result in any additional charge to the CLIENT. The CLIENT acknowledges receipt of the written disclosure statement disclosing the terms of the solicitation arrangement between the ADVISER and the Solicitor, including the compensation to be received by the Solicitor from the ADVISER.

  • Calculation of Fees Ameriprise will have sole responsibility, and Ameriprise’s records will provide the sole basis, for calculating fees for which Ameriprise invoices under this Agreement. However, the Issuer Entities may provide records to assist Ameriprise in its calculations.

  • Basis for calculation of periodic payments All interest and commitment fee and any other payments under any Finance Document which are of an annual or periodic nature shall accrue from day to day and shall be calculated on the basis of the actual number of days elapsed and a 360 day year.

  • Proration of Fee If this Agreement becomes effective or terminates before the end of any month, the Fee for the period from the effective date to the end of such month or from the beginning of such month to the date of termination, as the case may be, shall be prorated according to the proportion which such period bears to the full month in which such effectiveness or termination occurs.

  • Computation of Fees and Interest (a) All computations of interest for Base Rate Loans when the Base Rate is determined by BofA's "reference rate" shall be made on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed. All other computations of fees and interest shall be made on the basis of a 360-day year and actual days elapsed (which results in more interest being paid than if computed on the basis of a 365-day year). Interest and fees shall accrue during each period during which interest or such fees are computed from the first day thereof to the last day thereof. (b) Each determination of an interest rate by the Agent shall be conclusive and binding on the Company and the Banks in the absence of manifest error. The Agent will, at the request of the Company or any Bank, deliver to the Company or the Bank, as the case may be, a statement showing the quotations used by the Agent in determining any interest rate and the resulting interest rate.

  • Determination of Rate of Interest and calculation of Interest Amounts The Agent will at or as soon as practicable after each time at which the Rate of Interest is to be determined, determine the Rate of Interest for the relevant Interest Period. The Agent will calculate the amount of interest (the Interest Amount) payable on the Floating Rate Notes for the relevant Interest Period by applying the Rate of Interest to: (A) in the case of Floating Rate Notes which are represented by a Global Note, the aggregate outstanding nominal amount of the Notes represented by such Global Note; or (B) in the case of Floating Rate Notes in definitive form, the Calculation Amount; and, in each case, multiplying such sum by the applicable Day Count Fraction, and rounding the resultant figure to the nearest sub-unit of the relevant Specified Currency, half of any such sub-unit being rounded upwards or otherwise in accordance with applicable market convention. Where the Specified Denomination of a Floating Rate Note in definitive form is a multiple of the Calculation Amount, the Interest Amount payable in respect of such Note shall be the product of the amounts (determined in the manner provided above) for the Calculation Amount and the amount by which the Calculation Amount is multiplied to reach the Specified Denomination, without any further rounding.

  • Annual Fees The annual rental fee of a standard individual 12 x 14 plot is $40 per plot. Please note this rental fee is non-refundable and must be paid at the time of application. This fee is used to offset expenses associated with the Garden. Please make checks payable to Xxxxxx Township Recreation.

  • GUARANTEED DISPLAY REFERRAL FEE WAIVERS XXXX.xxx offers a paid featured agent program referred to as “Guaranteed Display.” This paid product provides the following Referral Fee benefits to the Recipient Broker/Agent: • If a closing results from a lead originated during the time, and in the zip code, that the Recipient Broker/Agent was an active Guaranteed Display sponsor, the referral fee will be discounted from the standard 35% to 30%. • If a closing results from a lead originated during the time, and in the zip code, that the Recipient Broker/Agent was an active Guaranteed Display sponsor, and if XXXX.xxx was not responsible for brokering an appointment between the Referred Client and the Recipient Broker/ Agent, the referral fee will be waived entirely to 0%. To qualify for this Referral Fee waiver, Recipient Broker/Agent must update the Referral Status in the XXXX.xxx Agent Portal (xxxxx://xxxxxx.xxxx.xxx) to reflect the property has been listed prior to XXXX.xxx indicating that an appointment has been set.

  • Computation and Payment of Fee The advisory fee shall accrue on each calendar day, and shall be payable monthly on the first business day of the next succeeding calendar month. The daily fee accruals shall be computed by multiplying the fraction of one divided by the number of days in the calendar year by the annual advisory fee rate, and multiplying this product by the Managed Assets of the Fund, determined in the manner established by the Directors, as of the close of business on the last preceding business day on which the Fund's net asset value was determined.

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