Commission Rates Sample Clauses
The Commission Rates clause defines the percentage or amount of compensation that a party, typically a sales agent or broker, will receive for facilitating a transaction. It specifies how commissions are calculated, such as whether they are based on gross sales, net profits, or another metric, and may outline different rates for various products or services. This clause ensures both parties have a clear understanding of payment expectations, reducing the risk of disputes over compensation and providing transparency in the business relationship.
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Commission Rates. Commissions shall be based upon the number of units sold. EEMC shall pay you a commission of 10% of the net selling price of all orders of 1 to 2 units, per order. For any order containing 3 units or more, EEMC will pay you a commission of 12% of the net selling price of said units. Individual orders shall not be accumulated for purposes of receiving higher commissions.
Commission Rates. GoldTrack Express
Commission Rates. The Local Manager effects Transactions on the basis of standard commission rates for specific markets. The rates are negotiated from time to time with each broker to ensure competitiveness, taking into account market trends whilst seeking a commercial balance so as to ensure the quality of services provided by the brokers.
Commission Rates. 1. The Company agrees to pay the Agency, and the Agency agrees to accept, commissions based upon premiums actually received by the Company in accordance with the attached Exhibits, as full compensation for all activities rendered by the Agency (including its approved sub-agents) under this Agreement.
2. The Company may revise the rates of commissions specified in the Designated Markets other than Michigan by giving not less than ninety (90) days written notice to the Agency, provided that such revision shall not apply to installment or endorsement premiums payable on policies already in force. The Company will not set revised commission rates for the Agency that are lower than the commission rates paid by the Company to like agencies in the relevant geographic market for like coverages. In Michigan, the Company cannot decrease the rates of commissions paid to the Agency unless the prevailing commission rates paid by Competing Insurers decreases below the current rates, in which case the Company can decrease the rates to the prevailing level paid by Competing Insurers.
3. The Agency agrees to refund to the Company unearned commission on policy cancellations or reductions at the same rate at which such commissions were originally paid.
4. Following termination of this Agreement, the Company shall have no obligation to pay commissions to the Agency, except for commissions due but unpaid as of the effective date of termination.
5. The Parties may agree to apply a rate of commission on any individual policy other than the rate of commission shown in the attached Exhibits. Issuance of the policy by the Company at the revised rate shall be conclusive evidence of the Company's agreement to the revised rate. The Agency's consent to the issuance of the policy at the revised rate of commission shall be conclusive evidence of the Agency's agreement to the revised rate for that policy.
6. The Company may, but is not obligated to, provide the Agency annually with a contingent commission agreement, the terms of which may vary on a state-by-state basis for those states/markets which the Company determines are subject to the contingent commission agreement.
Commission Rates. The following are the commission rates that shall apply to any sale of Medium Term Notes by a Dealer unless the Corporation and the Dealer otherwise agree:
Commission Rates. During the Term of this Agreement, NEN will pay a commission to Company equal to a percentage of all NET revenues (less applicable sales and similar taxes and fees, third-party transaction fees, licenses, refunds and theft) as follows: Bulk (Gumball/Novelty) % Commission Skill Crane/High-Value Machine % Commission Kiddie Rides/Video % Commission
Commission Rates. MSIM effects Transactions on the basis of standard commission rates for specific markets. The rates are negotiated from time to time with each broker to ensure competitiveness, taking into account market trends whilst seeking a commercial balance so as to ensure the quality of services provided by the brokers.
Commission Rates. 3.1 The Booking Service is provided as a free service to the visitor of the Booking Service website.
3.2 The Participant with a bookable product or service shall pay a service commission which covers all Booking Service bank charges and other associated Booking Service fees and charges.
3.3 The current Booking Service commission rate is 10 per cent (including GST) on the value of each booking and is determined by FCC from time to time. The Participant will be given reasonable notice, of not less than 7 business days, of any Booking Service commission rate change and thereafter that rate shall be applied to use of the Booking Service.
3.4 A Booking Service commission is due and payable by the Participant on all bookings made through the Booking Service.
Commission Rates. In addition to the Rent described above, Tenant and all subtenants shall pay to the Commission on the fifteenth (15th) day of each month such rate, fees, commissions and charges as may be adopted by the Airport from time to time.
Commission Rates. The commissions payable to Representative shall be at a rate of 10% of each station's net billings (that is, the Station's gross billings less customary advertising agency commissions) on all National Orders.