COMMISSION TERMS Sample Clauses

COMMISSION TERMS. 6.1 As an Underwriting Agency We receive commission from Insurers and We will pay You commission on all risks placed with Us and any renewal thereof. 6.2 Any sub-broked business placed off-line or outside of core business via the website will be advised, case-by- case, in terms of commission and credit periods, otherwise the rate of commission is as set out in Our Commission Schedule, a copy of which is set out in Schedule 2. Commission is calculated on the element of premium excluding Insurance Premium Tax. 6.3 We reserve the right to change the Commission Schedule subject to giving 30 (thirty) days prior written notice to You. 6.4 In addition We may receive a Profit Commission from Insurers. If received, this will be retained by Us. 6.5 Where We agree or are required to return any part of the premium to Your Client, You will immediately repay to Us the equivalent proportion of Commission. 6.6 We reserve the right to set off and deduct any monies due from You from any Commission or other payment due to Us to You on any account whatsoever. 6.7 In the normal course of operating as an Underwriting Agency, We may sometimes ask a Lloyd’s Broker to assist Us in responding to Your instructions where We believe this could be beneficial to Your Client. Unless a fee arrangement has been agreed, these Brokers will usually be remunerated by commission, which will be included in the premiums charged. If this occasion should ever arise You will be advised at quotation stage.

COMMISSION TERMS. 6.1 Commission shall become due when You receive the premium from Your Client and must be withdrawn within twenty-five (25) working days of it becoming due. Where commission is payable to You, such will be done in monthly arrears provided that the sum due in any given month exceeds £20, with lesser sums accruing for payment in subsequent months. 6.2 Citybond reserves the right to change Your pre-agreed Commission structure subject to giving thirty (30) days prior written notice. 6.3 Where Citybond agree or are required to return any part of the premium to Your Client, You will immediately repay the equivalent proportion of Commission. 6.4 Unless otherwise agreed in writing, Citybond reserves the right to offset any monies due from You against any Commission or other payment due from Citybond to You on any account whatsoever. 6.5 In the normal course of business, it may be necessary for Us to place certain risks on an ad hoc or individual basis with Insurers. If such occasions should arise, You will be advised of the terms and Commission levels at quotation stage and prior to inception of cover.

COMMISSION TERMS. 4.1. Upon reaching sales and promotions goals AGENT will receive a commission for each individual student enrolled at the SCHOOL by AGENT’s recommendation. The SCHOOL shall pay to the AGENT a commission fee according to the regulations of the commission payment plan chosen by AGENT from the options below: 4.2. Payment Plan options:

COMMISSION TERMS a. Commissions will be paid according to Clickbank Affiliate policies and procedures. b. Affiliates cannot refer themselves; no affiliate commissions will be paid on affiliate purchases. c. As an affiliate you are agreeing to legally advertise our Cacao Bliss or any other Earth Echo product offer via the email list you manage only and you agree you will not run any paid ads traffic to our Cacao Bliss or other Earth d. You will receive commission on products purchased by individuals referred to Earth Echo by your efforts in promoting to your managed email list. e. Payments will only be sent for transactions that have been successfully completed. Transactions that result in chargebacks or refunds will not be paid out.

COMMISSION TERMS. 6.1 Commission shall become due when You receive the premium from Your Client and must be withdrawn within twenty-five (25) working days of it becoming due. Where commission is payable to You from Us, such will be done in monthly arrears provided that the sum due in any given month exceeds £20, with lesser sums accruing for payment in subsequent months. 6.2 We reserve the right to change Your pre-agreed Commission structure subject to giving thirty (30) days prior written notice. 6.3 We may receive a share of underwriting profit from Insurers which, if received, will be retained by Us in full. 6.4 Where We agree or are required to return any part of the premium to Your Client, You will immediately repay to Us the equivalent proportion of Commission. 6.5 Unless otherwise agreed in writing, We reserve the right to offset any monies due from You against any Commission or other payment due from Us to You on any account whatsoever. 6.6 In the normal course of business, it may be necessary for Us to place certain risks on an ad hoc or individual basis with Insurers. If such occasions should arise, You will be advised of the terms and Commission levels at quotation stage and prior to inception of cover.

COMMISSION TERMS. 7.1 Commission shall become due to You when You receive the premium from Your Client and must be withdrawn within 25 working days of it becoming due. Where commission is payable to You from Us by return, such will be done by monthly arrears provided that the sum due in any given month exceeds £20, with sums less than this accruing for payment in subsequent months. 7.2 We reserve the right to change Your pre-agreed Commission structure subject to giving 30 days prior written notice. 7.3 We may receive a share of underwriting profit from Insurers which, if received, will be retained by Us in full. 7.4 Where We agree or are required to return any part of the premium to Your Client, You will immediately repay to Us the equivalent proportion of Commission. 7.5 We reserve the right to offset any monies due from You against any Commission or other payment due from Us to You on any account whatsoever. 7.6 In the normal course of business, it may be necessary for Us to place certain risks on an ad hoc or individual basis with Insurers. If such occasions should arise, You will be advised of the terms and Commission levels at quotation stage and prior to inception of cover.

COMMISSION TERMS. 7.1 As an Underwriting Agency We receive commission from Insurers and We will pay You commission on all risks placed with Us and any renewal thereof. 7.2 Any sub-broked business placed off-line or outside of core business via the website will be advised, case-by-case, in terms of commission and credit periods, otherwise the rate of commission is as set out in Our Commission Schedule, a copy of which is set out in Schedule 2. Commission is calculated on the element of premium excluding Insurance Premium Tax. 7.3 We reserve the right to change the Commission Schedule subject to giving 30 (thirty) days prior written notice to You. 7.4 In addition We may receive a Profit Commission from Insurers. If received, this will be retained by Us. 7.5 Where We agree or are required to return any part of the premium to Your Client, You will immediately repay to Us the equivalent proportion of Commission. 7.6 We reserve the right to set off and deduct any monies due from You from any Commission or other payment due to Us to You on any account whatsoever. 7.7 In the normal course of operating as an Underwriting Agency, We may sometimes ask a Lloyd’s Broker to assist Us in responding to Your instructions where We believe this could be beneficial to Your Client. Unless a fee arrangement has been agreed, these Brokers will usually be remunerated by commission, which will be included in the premiums charged. If this occasion should ever arise You will be advised at quotation stage. 8.1 Unless otherwise agreed, Your Terms of Credit are strictly 30 (thirty) days. 8.2 We will be responsible for the preparation of a Statement of Account which may take the form of, but not be limited to paper, disc, tape, electronic mailing, Excel and Word documents and this statement, unless otherwise agreed, will be the basis of accounting transactions between Us. 8.3 The Statement of Account will be rendered to the Agent on a monthly basis by Us. Payment of all monies by the last working day of the month following the month in which the entries are debited/credited. 8.4 Failure to settle accounts in accordance with Clause 8.3 shall be seen as a material breach of this Agreement and may result in Termination of this Agreement. ii. if You have obtained extended deferment periods from any premium finance house iii. if You have delays or experience difficulties within Your own accounting systems

COMMISSION TERMS. The Society will pay commission/procuration fees direct to The Mortgage Alliance (TMA) for mortgage completions submitted by the DAB. The rate agreed is 0.35% for residential advances and 0.40% for Buy to Let advances. These rates can be varied and may be product specific.

COMMISSION TERMS. The Society will pay commission/procuration fees direct to your mortgage club for mortgage completions submitted by you. The rate agreed is 0.35% for residential advances, 0.40% for Buy to Let advances and 0.50% for Self-build advances. These rates can be varied and may be product specific.