COMMISSION AND PAYMENT. 7.1 Subject to the provisions of this Clause 7 and subject at all times to the Marketing Partner being in full compliance with its obligations under this Agreement, the Marketing Partner shall be entitled to Commission if a prospective Client referred by the Marketing Partner registers with any member of the Ava Group accepting the Terms and Conditions, and continuously complies with the relevant compliance, anti-money laundering, know-your-customer requirements, trading and other terms and conditions. The Marketing Partner acknowledges, understands, agrees and accepts that the Ava Group retains at all times the sole right as to whether to accept a prospective Client as a Client of the Ava Group and that it will at no time be permitted to participate in Ava Group’s assessment of the knowledge and experience of the prospective Client of Financial Instruments or in the Ava Group’s assessment of the source of wealth and economic profile of the prospective Client for the purposes of any member of the Ava Group complying with its legal obligations pertaining to the combating of financial crime and money laundering, or in any other assessment or evaluation of the prospective Clients that the Ava Group may undertake for any reason.
7.2 The amount of commission and or other payments (collectively the “Commission”) payable shall be as determined in accordance with Fee schedule agreement agreed between the Company and the Marketing Partner. Notwithstanding anything to the contrary in this Agreement or in any Fee schedule agreement, no Commission will be payable to the Marketing Partner prior to the registration and compliance with the other conditions referred to herein of five (5) prospective Clients referred by the Marketing Partner who make a minimum required deposit as determined by the Ava Group and open and close at least one trade (the "Minimum NAC Requirement"). Once the Minimum NAC Requirement has been achieved, Commission will be payable to the Marketing Partner with respect to all Clients referred by the Marketing Partner from the first such Client, all in accordance with the other provisions of this Agreement and any applicable fee schedule agreement.
7.3 The Company shall within 15 (fifteen) Business Days of the end of each calendar month in which any Clients referred by the Marketing Partner had any trading activity in their trading accounts with the Company, make payment as per the agreed Fee schedule.
7.4 The Company shall have a right to suspend and...
COMMISSION AND PAYMENT. 6.1 Subject to your adherence with the provisions of the Affiliate Agreement, you will earn Commission in accordance with the Commission Structure on Net Revenue of New Customers referred by you to the Creamedia Websites. We retain the right to change the Commission percentage and method of calculation of Commission as we wish in accordance with this clause 6. The Commission shall be deemed to be exclusive of value added tax or any other applicable tax. VAT shall be payable into the account of the Affiliate in addition to the Commission except where in terms of Maltese law it is Creamedia who has to account for VAT in Malta in relation to the Affiliate Programme (under reverse charge). In case of any change in the applicable VAT the Commission shall be adjusted so Creamedias position remains not more onerous than prior to the change.
6.2 The Commission is calculated at the end of each month and payments shall be made on a monthly basis in arrears, not later than the 10th of the following calendar month, provided that the amount due exceeds imum Threshold"). If the balance due is less than the Minimum Threshold, it shall be accumulated and carried over to the following month and shall be payable when the total Commission collectively exceeds the Minimum Threshold.
6.3 Payment of Commission shall be made through our Affiliate Wallet. Due to regulations under The Malta Gaming Authority, partners may be required for verification and ow your customer' documentation before a withdrawal can be accessed. If an error is made in the calculation of the Commission, Creamedia reserves the right to correct such calculation at any time and will immediately pay out underpayment or reclaim overpayment made to the Affiliate.
6.4 The Affiliate's acceptance of the payment of the Commission shall be deemed to constitute the full and final settlement of the balance due for the relevant period.
6.5 If the Affiliate disagrees with the balance due as reported, s/he shall notify Creamedia within fifteen (15) days and state the reasons of the disagreement. Failure to notify Creamedia within the prescribed time limit shall be deemed to be considered as an irrevocable acknowledgment of the balance due for the period indicated.
6.6 The Affiliate may, at the sole discretion of Creamedia, be provided with the opportunity to restructure its commission structure. Examples of alternative commission structures could include a Cost Per Acquisition (CPA) model. However, and for the avoidance o...
COMMISSION AND PAYMENT. 6.1. Subject to your adherence to the provisions of the Affiliate Agreement, you will earn Commission in accordance with the Commission Structure. We retain the right to change the Commission percentage and method of calculation of Commission in accordance with this clause.
COMMISSION AND PAYMENT. (a) In the event that the Work is sold to a third-party buyer (the “Buyer”) during the Consignment Period, pursuant to the terms and conditions of this Consignment Agreement:
(i) Masterworks shall receive no less than the minimum Net Proceeds;
(ii) to the extent that the purchase price paid by the Buyer, exclusive of any applicable taxes (the “Purchase Price”) exceeds the minimum Net Proceeds, the Consignee shall be entitled to retain a Commission of the Purchase Price no greater than the amount set forth on the first page of this Consignment Agreement;
(b) Consignee shall be entitled to retain this Commission and forward the balance of the sale proceeds for the Work to Masterworks within five (5) business days of the receipt by Consignee of the entire Purchase Price for the Work in good and clear funds, or any portion thereof. Masterworks reserves the right to request the full amount of the Purchase Price, as well as a redacted copy of any bill of sale or purchase agreement.
COMMISSION AND PAYMENT. 5.1 The Recruiter shall be entitled to Commission if a Candidate Introduced by the Recruiter enters into a Relevant Contract. The minimum amount of commission payable by the Client to the Recruiter in respect of a Relevant Contract shall be £10,000 (ten thousand pounds sterling). Commission is otherwise charged at the rate of 30% of the Candidate’s total First Year Remuneration under the Relevant Contract (the “Commission”). For the avoidance of doubt, the First Year Remuneration shall not include the value of employee benefits such as stock options, insurance cover, pensions or other fringe benefits. The Commission shall be calculated on a pro-rata basis for Vacancies with duration of less than 12 months.
5.2 The Client shall promptly notify the Recruiter in writing of the date it enters into a Relevant Contract and the Commission due pursuant to the Relevant Contract.
5.3 In respect of a Contingency Search the Recruiter shall invoice the Client for the full amount of Commission payable on the date that the Recruiter receives notification that a Relevant Contract has been signed by the Candidate.
5.4 In respect of a Retained Search the Recruiter shall invoice the Client for the Commission payable together with any applicable VAT in three instalments: (i) one third upon signature of the parties of this agreement (which shall be non- refundable); (ii) one third on the date that the Recruiter provides a short list of suitable Candidates to the Client as agreed between the parties in writing (which shall be non- refundable); and (iii) one third on the date that the Recruiter receives notification that a Relevant Contract has been signed by the Candidate (subject to clause 3.2).
5.5 The due date for payment by the Client of such Commission shall be 21 days from the date of the relevant invoice. Commission shall be payable to the Recruiter in pounds sterling unless otherwise agreed in writing. All sums payable under this agreement are exclusive of taxation and shall be paid in full without any deductions. If the Client fails to make any payment due to the Recruiter under this agreement by the due date for payment then the Client shall pay interest on the overdue amount at the rate of 4% per annum above the Bank of England's base rate from time to time. Such interest shall accrue on a daily basis from the due date until actual payment of the overdue amount, whether before or after judgment. The Client shall pay the interest and the overdue amount together with a...
COMMISSION AND PAYMENT. 4.1. Following execution of this Agreement pursuant to Clause 2 and the Referral Partner completing the Referral Partner Application Form, BlackBull shall create a Referral Partner Commission account to be used for all Commission payments made to or from the Referral Partner under this Agreement as set out in the Appendix 1 (Introducing Broker Commission) and Appendix 2 (Affiliate Commission) in respect of trading conducted by Referral Partner Clients through accounts opened with BlackBull or any Group Company.
4.2. BlackBull Group Limited shall pay (or ensure that the relevant Group Company pays) Commission to the Introducing Broker Partner Commission and the Affiliate Commission account within 24 hours. The Referral Partner will excuse the Companies of liability if BlackBull Group’s Limited ability to pay the Commission to the Referral Partner’s Commission account is impeded, inhibited or restricted in any way by any event (outside of the immediate control of BlackBull or its Officers or Agents); including but not limited to, acts of nature, power loss, ISP service loss, server dysfunction or system failure, which prevents the payment process to execute.
4.3. BlackBull Group Limited shall be entitled to reduce the amount of Commission to reflect any increased cost to BlackBull Group Limited in providing the Trading Services which cost(s) is imposed by any law or regulatory rule.
4.4. BlackBull Group Limited may decline to pay compensation to Referral Partner for trading which BlackBull, in its sole discretion, determines:
4.4.1. to have been done excessively without a legitimate intent by the trading party to profit from market movements.
4.4.2. to have been done while relying on price latency or arbitrage opportunities.
4.4.3. to be market abuse; or
4.4.4. to be in violation of any section of the BlackBull Client Services Agreement.
4.5. BlackBull Group Limited will not make payment(s) to a third party or receive payment(s) from a third party under any circumstances.
4.6. No Interest shall be payable to the Referral Partner in respect of the Referral Partner Commission account.
4.7. Subject to the provisions of this Clause 4 and subject at all times to the Referral Partner being in full compliance with its obligations under this Agreement, the Referral Partner shall be entitled to Commission if a prospective Client referred by the Referral Partner registers with BlackBull or a Group Company accepting the Client Terms and Conditions, and continuously com...
COMMISSION AND PAYMENT. 6.1 Subject to your adherence with the provisions of the Affiliate Agreement, you will earn Commission in accordance with the Commission Structure on number of New Depositing Customers and Net Revenue of New Customers referred by you to the STS Websites. Referral Commission Net Revenue per month New Depositing Customers per month Promotional period* 50% - 20 Level 1 25% €0 – €10 000 0 – 4 Level 2 30% €10 001 – €20 000 5 – 15 Level 3 35% €20 001 - unlimited 16 or more We retain the right to change the Commission percentage and method of calculation of Commission as we wish in accordance with this clause
6.2 The Commission is calculated at the end of each month and payments shall be made on a monthly basis in arrears, not later than the 10th of the following calendar month, provided that the amount due exceeds €50 (the “Minimum Threshold”). If the balance due is less than the Minimum Threshold, it shall be accumulated and carried over to the following month and shall be payable when the total Commission collectively exceeds the Minimum Threshold.
6.3 Payment of Commission shall be made through our Affiliate Wallet. Due to regulations under The Malta Gaming Authority and Gambling Commission of Great Britain, partners may be required for verification and ‘know your customer’ documentation before a withdrawal can be accessed. If an error is made in the calculation of the Commission, STS reserves the right to correct such calculation at any time and will immediately pay out underpayment or reclaim overpayment made to the Affiliate.
6.4 A minimum amount of €50 (fifty euro) may be withdrawn from the Affiliate Wallet at any one time.
6.5 The Affiliate’s acceptance of the payment of the Commission shall be deemed to constitute the full and final settlement of the balance due for the relevant period.
6.6 If the Affiliate disagrees with the balance due as reported, s/he shall notify STS Holder within fifteen (15) days and state the reasons of the disagreement. Failure to notify STS within the prescribed time limit shall be deemed to be considered as an irrevocable acknowledgment of the balance due for the period indicated.
6.7 The Affiliate may, at the sole discretion of STS, be provided with the opportunity to restructure its commission structure. Examples of alternative commission structures could include a Cost Per Acquisition (CPA) model. However, and for the avoidance of doubt, only one type of Commission Structure for the same product may be applied at the same ...
COMMISSION AND PAYMENT. 5.1 The Introducer shall be entitled to Commission if a Prospective Client Introduced by the Introducer enters into a Relevant Contract.
5.2 The amount of commission payable shall be [PERCENTAGE]% of the Supplier's Net Income received under each Relevant Contract (as it may be renewed, extended or amended) during a period of [NUMBER] [months OR years] from its commencement date (Commission).
5.3 The Supplier shall promptly notify the Introducer in writing of the following:
(a) the date it enters into a Relevant Contract;
(b) the amount of the payments due for Services under it; and
(c) the dates on which payments for such Services are payable, no later than [3] Business Days after it enters into such Relevant Contract
5.4 Except where the procedures set out in clause 5.5 and clause 5.6 below have been followed, all Commission payable pursuant to clause 5.2 shall be due to the Introducer (whether invoiced or not) within [NUMBER] days of the end of the [month OR Quarter] in which the Supplier received the corresponding payment for Services. If the Supplier receives payment under any Relevant Contract in instalments, then Commission shall be calculated and paid on such instalments as they are received by the Supplier.
5.5 The Supplier shall within [NUMBER] days of the end of the [month OR Quarter] in which the Supplier received the corresponding payment for Services send to the Introducer a written statement setting out, in respect of such [month OR Quarter], and in respect of each Relevant Contract:
(a) the Commission payable to the Introducer;
(b) the payments for Services received and details of any sums due which have not been received; and
(c) how the Commission has been calculated, including details of all deductions made in determining Net Income.
5.6 The Introducer shall invoice the Supplier for the Commission payable as per the Supplier's statement submitted pursuant to clause 5.5, together with any applicable VAT, in which case, notwithstanding clause 5.4 above, the due date for payment by the Supplier of such Commission shall be [30] days from date of [receipt of] invoice.
5.7 Commission shall be payable to the Introducer [in the currency in which it is received by the Supplier OR in pounds sterling].
5.8 All sums payable under this agreement:
(a) are exclusive of value added tax or other applicable sales tax, which shall be added to the sum in question;
(b) shall be paid in full without any deductions (including deductions in respect of items such...
COMMISSION AND PAYMENT. 6.1 Party B shall pay the Commission to Party A for each Fulfilled Order at the rate set out in Part 2 or at the rate as adjusted by Party A in accordance with clause 6.2 of this Agreement.
6.2 Party A reserves the right to adjust the Commission by prior notice, provided that if Party B disagrees with the adjusted Commission, either Party may terminate this Agreement upon thirty (30) days’ written notice which shall be given within thirty (30) days from the date of notice of the adjusted Commission. Party B agrees and understands that upon termination under this clause 6.2, the Annual Fee paid by Party B is not refundable in part nor in whole.
6.3 In respect of the Products other than sold in the form of voucher, Party A shall pay Party B the amount of net revenue (after deduction of all applicable charges, including without limitation store credit used, store offered discount or rebates, the Commission, Storage Fees, penalty charges, amount refunded or refundable or subject to charge-back to buyers, payers or third parties and advertising fees in accordance with clause 6.9) once per month together with a transaction report to Party B showing the Fulfilled Orders (which the product return period as specified in clause D, Schedule 1 has lapsed) to which the Commission relates and the amount of the Commission and the amount of net revenue payable to Party
COMMISSION AND PAYMENT. 3.1 The Facilitator shall be entitled to Commission if a Prospective Client, Introduced by the Facilitator, enters into and makes payment under a Relevant Contract.
3.2 The amount of Commission payable shall be set out as a percentage of the Supplier's Net Income, received under each Relevant Contract from each Relevant Contract’s commencement date to the earlier of the end of the Term or termination of the Relevant Contract or the date that the Agreement terminates.
3.3 The Facilitator shall invoice the Supplier for any Commission payable pursuant to clause 3.2 and on receipt of an undisputed invoice the Supplier shall pay such invoice within 30 days of the end of the month in which the Supplier receives in cleared funds the corresponding full payment for Services provided by or through the Supplier under any Relevant Contract. If the Supplier receives payment under any Relevant Contract in Rev A instalments, then Commission shall be calculated and paid on such instalments as they are received by the Supplier.
3.4 Commission shall be payable to the Facilitator in the currency as set out in the Summary Agency Agreement.
3.5 All sums payable under this Agreement: a) are exclusive of value added tax or other taxes, which shall be added to the sum in question;
