Commissions and other payments Sample Clauses

Commissions and other payments. The Sales Representative's compensation under this Agreement is limited to: (A) The delivery concurrently with the execution of this Agreement of 1,000,000 Units (the "Units"), each consisting of One Share of Common Stock and One Class A Redeemable Common Stock Purchase Warrant. The Units are identical to those sold by the Company in its initial public offering on November 12, 1996, and (B) Two Per Cent (2%) of aggregate net paid invoices up to $9,999,999 and five (5%) percent in excess of ten million ($10,000,000) Dollars received from customers introduced to the Company by the Sales Representative or a distributor introduced to the Company by the Sales Representative provided that any fees payable by the Company to any distributor introduced by the Sales Representative shall be deducted from the commission payable to the Sales Representative. For purposes of this Agreement a "net" paid invoice" shall equal the gross amount of a paid invoice, less allowances and returns. Commissions shall be paid to the Sales Representative by the twentieth (20th) day of the month immediately following the month in which payment on invoices is received. Payment of commissions to the Sales Representative shall be accompanied by a statement of Commissions. The Company shall have the absolute right, in its discretion to refuse to accept any orders procured through the Sales Representative and to refuse to ship the goods described therein or to make any allowances or
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Commissions and other payments. No amount has been pledged or guaranteed by the Sellers, the Institute, and/or Xxxxxxxx in payment (to be made by or on behalf of the Institute) of commissions or brokerage fees to any third party. The amounts of the commissions and fees of the legal advisors ([**] and financial advisors ([**]) of the Sellers by virtue of the signature of this Agreement and performance of the transactions contemplated therein shall be the responsibility of the Sellers.
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Commissions and other payments. ON ALL SALES OF ALL DIGITAL RECORDERS TRANSIT OR TRANSPORTATION PRODUCTS (EXISTING AND NEW) TO ENTITIES LOCATED IN EUROPE, ASIA, INDONESIA, SOUTH AMERICA AND AUSTRALIA: Digital Recorders agrees to enter into a separate agreement or agreements with RTI for RTI to become the sole and exclusive agent of Digital Recorders and its affiliates for purposes of sales of existing or new Digital Recorders products initiated by RTI in Europe, Asia, Indonesia, South America and Australia. RTI and Digital Recorders agree that such separate agreement(s) will be negotiated and signed within 60 days of the signing of this Services Agreement. The terms of such agreement(s), as related to commission rates and payment, will be the same as provided in Part II above, unless specifically agreed otherwise. The parties acknowledge and agree that the agreement(s) implementing this Part III may provide for compensation to RTI in the form of commissions, management fees or other forms of compensation, as the parties may agree based on such factors as they deem appropriate, including the nature and scope of the services to be provided. Without limiting the foregoing, the parties will initially enter into the following agreements:
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Commissions and other payments 
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Related to Commissions and other payments

  • Commissions and Other Charges (a) The Borrower shall pay to the Administrative Agent, for the account of the Issuing Lender and the L/C Participants, a letter of credit commission with respect to each Letter of Credit in an amount equal to the product of (i) the face amount of such Letter of Credit times (ii) an annual percentage equal to the Applicable Margin with respect to LIBOR Rate Loans in effect on the date of issuance of such Letter of Credit. Such commission shall be payable quarterly in arrears on the last Business Day of each calendar quarter and on the Maturity Date.

  • Taxes and Other Payments 7.1. Unless otherwise specifically provided for in this Agreement, the Company shall not be liable for the payment of taxes or other payments for which the Employee is responsible as result of this Agreement or any other legal provision, and the Employee shall be personally liable for such taxes and other payments.

  • Fees, Commissions and Other Charges (a) Each Borrower agrees to pay to the Administrative Agent a letter of credit commission with respect to each Letter of Credit issued by such Issuing Lender on its behalf, computed for the period from and including the date of issuance of such Letter of Credit through to the expiration date of such Letter of Credit, computed at a rate per annum equal to the Applicable Margin then in effect for Eurodollar Loans calculated on the basis of a 360 day year, of the aggregate amount available to be drawn under such Letter of Credit, payable quarterly in arrears on each L/C Fee Payment Date with respect to such Letter of Credit and on the Termination Date or such earlier date as the Commitments shall terminate as provided herein. Such commission shall be payable to the Administrative Agent for the account of the applicable Revolving Credit Lenders to be shared ratably among them in accordance with their respective Commitment Percentages. Each Borrower shall pay to the relevant Issuing Lender a fee equal to 1/8 of 1% per annum of the aggregate amount available to be drawn under such Letter of Credit, payable quarterly in arrears on each L/C Fee Payment Date with respect to such Letter of Credit and on the Termination Date or such other date as the Commitments shall terminate. Such commissions and fees shall be nonrefundable. Such fees and commissions shall be payable in Dollars, notwithstanding that a Letter of Credit may be denominated in any Designated Foreign Currency. In respect of a Letter of Credit denominated in any Designated Foreign Currency, such fees and commissions shall be converted into Dollars at the Spot Rate of Exchange.

  • Improper and Other Payments (a) Neither the Company, any director, officer, employee thereof, nor any agent or representative of the Company nor any person acting on behalf of any of them, has made, paid or received any unlawful bribes, kickbacks or other similar payments to or from any person or authority, (b) no contributions have been made, directly or indirectly, by the Company to a domestic or foreign political party or candidate; and (c) the internal accounting controls of the Company are believed by the Company’s management to be adequate to detect any of the foregoing under current circumstances.

  • Broker's and Other Fees Neither the Purchaser nor any of its ----------------------- directors or officers has employed any broker or finder or incurred any liability for any broker's or finder's fees or commissions in connection with any of the transactions contemplated by this Agreement.

  • Royalties and Other Payments A. For the rights, privileges and exclusive license granted hereunder, Licensee shall pay to CMCC the following amounts in the manner hereinafter provided. Unless expressly stated otherwise in this Agreement, periodic payment obligations listed below shall endure through the Term of this Agreement, unless this Agreement shall be sooner terminated as hereinafter provided.

  • COMPENSATION AND OTHER FEES As compensation for the services provided by Xxxxxx xxxxxxxxx, the Company agrees to pay to Xxxxxx:

  • Expenses and Other Payments (a) Except as otherwise provided in this Section 8.3, each party shall pay its own expenses incident to preparing for, entering into and carrying out this Agreement and the consummation of the Transactions, whether or not the Merger shall be consummated.

  • Administrative and Other Fees The Borrower agrees to pay the administrative and other fees of the Administrative Agent as provided in the Fee Letter and as may be otherwise agreed to in writing from time to time by the Borrower and the Administrative Agent.

  • Fees, Expenses and Other Payments (a) Except as otherwise provided in this Section 7.3, whether or not the Merger is consummated, all costs and expenses incurred in connection with this Agreement and the transactions contemplated hereby (including, without limitation, fees and disbursements of counsel, financial advisors and accountants) shall be borne solely and entirely by the party which has incurred such costs and expenses (with respect to such party, its "Expenses").

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