Commission Rate. 7.1 The rate of commission to be paid by the Owner to the Broker shall be the Agreed Commission that shall, unless otherwise indicated, be calculated on the net sale price of the Vessel. 7.2 In addition, and where applicable, the Broker shall be entitled to charge and recover VAT on the Agreed Commission, at the rate then prevailing.
Appears in 2 contracts
Sources: Brokerage Sales Agreement, Brokerage Sales Agreement
Commission Rate. 7.1 5.1. The rate of commission Commission to be paid by the Owner to the Broker shall be the Agreed Commission that which shall, unless otherwise indicated, be calculated on the net sale price of the Vessel.
7.2 5.2. In addition, and where applicable, the Broker shall be entitled to charge and recover VAT on the Agreed Commission, at the rate then prevailing.
Appears in 2 contracts
Sources: Brokerage Agreement, Central/Sole Listing Agreement
Commission Rate. 7.1 5.1 The rate of commission to be paid by the Owner to the Broker shall be the Agreed Commission that which shall, unless otherwise indicated, be calculated on the net sale price of the Vessel.
7.2 5.2 In addition, and where applicable, the Broker shall be entitled to charge and recover VAT on the Agreed Commission, at the rate then prevailing.
Appears in 1 contract
Sources: Brokerage Agreement