Commissions and Other Expenses Clause Samples
The "Commissions and Other Expenses" clause defines how commissions, fees, and additional costs related to a transaction or agreement are to be handled between the parties. Typically, it specifies which party is responsible for paying sales commissions, brokerage fees, or other incidental expenses, and may outline the timing and method of payment. This clause ensures transparency and prevents disputes by clearly allocating financial responsibilities, thereby helping both parties understand their obligations and avoid unexpected costs.
Commissions and Other Expenses. All expenses and actual outlays related to this Agreement, including but not limited to lawyers’ fees, flat costs, stamp duties, any other taxes and fees, shall be borne by Party C. Party C shall fully reimburse the Pledgee for such paid taxes and fees if the Pledgee is required to bear some related taxes and fees as stipulated by applicable laws.
Commissions and Other Expenses. 6.1 The Client is obliged to pay the Company's commissions and bear other expenses specified on the Company's Website in the "Trading Conditions" section on the"Contract Specification" page..
6.2 The Company undertakes to display all applicable commissions and other expenses on its Website. The Company has the right to make changes to commissions and other expenses without the need for prior written notification to the Client. All changes in commissions and other expenses published on the Company's Website will be considered a proper notification of these changes..
6.3 The Company has the right to send notifications to the Client if the Company pays any commissions/fees to any third party who represented the Client before the Company or acted on its behalf. The Client agrees to receive the above-mentioned notifications from the Company..
6.4 The Client undertakes to pay all stamp duties related to the Agreement and Regulatory Documents that may be required for performing trading operations..
6.5 The Client is personally responsible for all submitted financial statements and tax returns for any Trading Operations that must be submitted to any relevant government or other authority, as well as for the payment of all taxes arising in connection with any Trading Operation, including,but not limited to, the transfer of securities or property tax or VAT.
6.6 All Client funds are held in the Company's accounts, including segregated accounts opened in the Company's name to store Client funds separately from the Company's funds..
6.7 The Company does not charge any commission for opening and maintaining an account..
6.8 The Company does not charge any commission for depositing and withdrawing funds; the commission may be charged by payment systems used by the client.