Commission Expenses Sample Clauses
The Commission Expenses clause defines how costs related to commissions are handled between the parties. It typically specifies which party is responsible for paying commissions, under what circumstances, and may outline the process for reimbursement or deduction of such expenses. For example, it might state that the seller is responsible for paying any broker commissions incurred in connection with a sale. This clause ensures clarity and prevents disputes by clearly allocating financial responsibility for commission-related costs.
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Commission Expenses. The sum of $1,955,675.00, representing ------------------- commissions, shall be disbursed upon receipt of invoice statements and other supporting evidence, as Lender may require, and upon Lender's approval. If the actual costs are more or less than the maximum amount hereunder, then such additional excess amount may be reallocated from or to Paragraph C.2(l) Soft Cost Contingency Reserve.
Commission Expenses. The Commission shall be entitled to receive from the Charter School up to three percent (3%) of the annual per-pupil allocation received by the Charter School pursuant to 20-A M.R.S. § 2405(5)(B) to cover the cost of overseeing the Charter School.
Commission Expenses. 8.1 Subject to completion of this Agreement, the Company shall, on the Placing Completion Date, pay to the Placing Agent in respect of the Placing, a placing commission, in Hong Kong dollars, of three point five per cent (3.5%) of the amount which is equal to the Placing Price multiplied by the number of the Placing Shares which are successfully placed by the Placing Agent in accordance with this Agreement which the Agent is hereby authorized to deduct from the payment to be made by it to the Company at the Placing Completion pursuant to Clause 5.2.
8.2 The Company will be responsible for and pay all costs and expenses (except those stated in this Agreement to be payable by the Placees) in connection with the Placing, including but not limited to:
(a) legal expenses and disbursements payable to the legal advisers of the Company and/or the Placing Agent (if any);
(b) the preparation and release of the Announcement;
(c) the allotment and issue of all the Placing Shares to be allotted and issued under this Agreement and registration of the subscribers therefor (including capital duty (if any), SFC transaction levy, Stock Exchange trading fees and the fee of the Company’s registrars), which amounts the Placing Agent is hereby authorized to deduct from the payments to be made by it to the Company pursuant to Clause 5.2 as applicable for the purposes of paying on the Company's behalf such costs, charges, fees and expenses PROVIDED THAT the Placing Agent shall seek the consent of the Company before any of such costs, charges, fees and expenses with an amount of exceeding HK$10,000 in aggregate is to be incurred.
8.3 Payment of the amounts referred to in Clause 8.2 shall be made by the Company whether or not the Company’s obligations under this Agreement are terminated pursuant to Clause 9 to the extent that the same have been incurred prior to termination or are incurred in consequence of termination.
Commission Expenses. In return for RISING PHOENIX MANAGEMENT LLC’s services, Seller agrees to pay RISING PHOENIX MANAGEMENT LLC a commission equal to 30 % of the gross sales price of the Property. RISING PHOENIX MANAGEMENT LLC will deduct the Commission and any and all taxes and Expenses from the proceeds of the sale of the Property. For purposes of this Agreement, “Expenses” will mean all of the following expenses that are checked off: ☐ all advertising costs, ☐ transportation costs, ☐ disposal costs, ☐ Teletech or bank fees, ☐ postage, ☐ lodging and per diem, ☐ labor, ☐ local licenses, ☐ signage, ☐ credit card fees, and ☐ the following other expenses $10.00 check processing fee and $12.00
Commission Expenses. All commission agreements now in existence or which may be entered into pursuant to the terms hereof shall be paid in full, terminated and canceled by Seller at Seller's sole cost and expense prior to Closing, and no commissions shall be prorated hereunder.
Commission Expenses