COMMISSION AND SERVICE FEE Sample Clauses

COMMISSION AND SERVICE FEE. 3.1. In consideration for permitting the Supplier to sell the Products on the Application/Web, the Company shall charge a Fee on every eligible Order placed on the Application/Web, at such rates prescribed in Part A of Annexure 4 (the “Fee”/“Commission”). The Fee (which is a percentage of the sales amount) may be revised from time to time and such revision shall be communicated in advance by the Company to the Supplier. It should be based on mutual agreement. 3.2. The Company shall also charge the Supplier for the Services provided by the Company, including any marketing expenditure and logistics charges incurred by the Company on behalf of the Supplier (the “Service Fee”), at such rates prescribed in Part B of Annexure 4. 3.3. The Company shall submit an invoice to the Supplier on a monthly basis for the Service Fee payable by the Supplier on or before the seventh (7th) of the following month. All payments shall be made by the Supplier in Indian National Rupees (INR) unless otherwise mutually agreed by the Parties in writing. The invoicing and payment of the Supplier Fee shall be as per the prescribed Supplier Guidelines in this regard. 3.4. The Company shall set off any losses, Service Fee or Commission payable by the Supplier against the amount/(s) payable to the Supplier. The Company’s right under this Clause 3.4 shall be in addition to, and not in derogation of, all other rights available to the Company under this Agreement or Applicable Law. 3.5. The Supplier shall be responsible for any applicable value added tax, goods and service tax (GST), service tax, sales tax, real or personal property tax, income or any other taxes, cess, levy whatsoever including taxes relating to the Products, attributable to or incurred by the Supplier. 3.6. The Company shall withhold taxes/payments, if required under Applicable Law to be withheld on payments made to the Supplier hereunder and shall be required to remit to the Supplier only the net proceeds thereof. The Company shall remit the taxes withheld to the appropriate Governmental Authority and agrees to provide the Supplier, in a timely manner, with properly executed documentation or other information or receipts or certificates evidencing the Company’s payment of any such tax. 3.7. Supplier may deposit & submit Form 16A to the Company towards deduction of tax at source against invoices issued by the Company towards Service Fee charged to the Supplier. Company shall reimburse equivalent TDS amount, on receipt of ...
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COMMISSION AND SERVICE FEE. 3.1. In consideration for permitting the Vendor to sell the Products on the website, the Company shall charge a Fee on every eligible Order placed on the Website, at such rates prescribed in Part A of Annexure 3 (the “Fee”). The Fee (which is a percentage of the sales amount) may be revised from time to time and which shall be communicated in advance by the Company (if changes will be updated prior to finalization) to the Vendor. The Commission will be charged on the product price excluding any goods and service tax. 3.2. The Company shall also charge the Vendor for the Services provided by the Company, including any marketing expenditure and logistics charges incurred by the Company on behalf of the Vendor (the “Service Fee”), at such rates prescribed in Annexure 3. 3.3. The Company shall submit an invoice to the Vendor on a monthly basis for the Service Fee payable by the Vendor on or before the seventh (7th) of the following month. All payments shall be made by the Vendor in Indian National Rupees (INR) unless otherwise mutually agreed by the Parties. The invoicing and payment of the Vendor Fee shall be as per the prescribed Vendor Guidelines in this regard. 3.4. The Company shall set off any losses, Service Fee or Commission payable by the Vendor against the amount/(s) payable to the Vendor. The Company’s right under this Clause 3.4 shall be in addition to, and not in derogation of, all other rights available to the Company under this Agreement or Applicable Law.
Sample 1

Related to COMMISSION AND SERVICE FEE

  • Service Fee In consideration of the administrative support services provided by a Recipient, the Distributor shall make service fee payments to that Recipient quarterly or at such other interval as deemed appropriate by the Distributor, within forty-five (45) days of the end of each calendar quarter or other period, at a rate not to exceed 0.25% on an annual basis of the average during the period of the aggregate net asset value of Shares, computed as of the close of each business day, constituting Qualified Holdings owned beneficially or of record by the Recipient or by its Customers for a period of more than the minimum period (the “Minimum Holding Period”), if any, that may be set from time to time by a majority of the Independent Trustees. Alternatively, the Distributor may, at its sole option, make the following service fee payments to any Recipient, within forty-five (45) days of the end of each calendar quarter or at such other interval as deemed appropriate by the Distributor: (i) “Advance Service Fee Payments” at a rate not to exceed 0.25% of the average during the calendar quarter or other period of the aggregate net asset value of Shares, computed as of the close of business on the day such Shares are sold, constituting Qualified Holdings, sold by the Recipient during that period and owned beneficially or of record by the Recipient or by its Customers, plus (ii) service fee payments at a rate not to exceed 0.25% on an annual basis of the average during the period of the aggregate net asset value of Shares, computed as of the close of each business day, constituting Qualified Holdings owned beneficially or of record by the Recipient or by its Customers for a period of more than one (1) year. In the event Shares are redeemed less than one year after the date such Shares were sold, the Recipient is obligated to and will repay the Distributor on demand a pro rata portion of such Advance Service Fee Payments, based on the ratio of the time such Shares were held to one (1) year. The administrative support services to be rendered by Recipients in connection with the Accounts may include, but shall not be limited to, the following: answering routine inquiries concerning the Fund, assisting in the establishment and maintenance of accounts or sub-accounts in the Fund and processing Share redemption transactions, making the Fund’s investment plans and dividend payment options available, and providing such other information and services in connection with the rendering of personal services and/or the maintenance of Accounts, as the Distributor or the Fund may reasonably request.

  • Brokers’ Fees; Transaction Fees Except for fees payable to Agent and Lenders, none of the Credit Parties or any of their respective Subsidiaries has any obligation to any Person in respect of any finder’s, broker’s or investment banker’s fee in connection with the transactions contemplated hereby.

  • Service Fees Pricing and procedure details provided in the original signed agreement.

  • Annual Maintenance Fee In consideration of the license granted to Licensee under Section 2.1, Licensee shall pay Licensor on-going annual maintenance fees of **** on each anniversary of the Effective Date.

  • Prices and Services Billing 8.1 SCHEDULE OF PRICES AND TERMS Competitive Supplier agrees to provide Firm Full-Requirements Power Supply and other related services as expressly set forth herein in accordance with the prices and terms included in EXHIBIT A to this ESA, which exhibit is hereby incorporated by reference into this ESA.

  • Services Fee 5.1 The Transmission Services performed by TSO to Network User under this Standard Transmission Agreement are subject to the applicable Services fee calculated in accordance with attachment A of the Access Code for Transmission. In the event of any modification to the Regulated Tariffs, the Total Monthly Fee(s) and the Total Monthly Self-billing Fee(s) provided for in this Article 5.1 shall be adapted as from the calendar day of the entering into force of the modifications.

  • Fee Schedule For the performance by the Transfer Agent pursuant to this Agreement, the Fund agrees to pay the Transfer Agent an annual maintenance fee for each Shareholder account as set forth in the attached fee schedule (“Schedule 5.1”). Such fees and out-of-pocket expenses and advances identified under Section 5.2 below may be changed from time to time subject to mutual written agreement between the Fund and the Transfer Agent.

  • Service Fees Payable to FSSC (a) During the term of this Agreement, FSSC will be entitled to receive from each Fund as full compensation for Services rendered hereunder a fee calculated daily at an annual rate, as set forth Schedule 1 to this Agreement, of up to 0.25% of average net assets held in FSSC Accounts of each Fund. Service fees paid by the Funds are in addition to other fees paid by the Funds such as those paid pursuant to an Agreement for Fund Accounting Services, Administrative Services, Transfer Agency Services and Custody Services Procurement and fees paid pursuant to each Fund’s Distributor’s Contract. (b) For so long as any Third-Party Agreement remains in effect, FSSC shall be entitled to receive fees from the Funds calculated daily at an annual rate, as set forth in Schedule 1 to this Agreement, of up to 0.25% on the average net assets held in accounts of each Fund for which Services are provided by such third-parties which amount shall be paid by FSSC in accordance with such Third-Party Agreements. (c) The Funds shall pay service fees to FSSC in accordance with their regular payment schedules. For the payment period in which this Agreement becomes effective or terminates with respect to any Fund, there shall be an appropriate proration of the fee on the basis of the number of days that this Agreement is in effect with respect to such Fund during the period.

  • Services Fees The Fees are stated on the Stripe Pricing Page, unless you and Stripe otherwise agree in writing. Stripe may revise the Fees at any time. If Stripe revises the Fees for a Service that you are currently using, Stripe will notify you at least 30 days (or a longer period if Law requires) before the revised Fees apply to you.

  • Maintenance Fee The Maintenance Fee (SEE SCHEDULE - ACCUMULATION PERIOD) will be deducted during the Accumulation Period from the Account Value on each anniversary of the Account Effective Date and upon withdrawal of the entire Account.

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