Commissions Paid in Error Sample Clauses

Commissions Paid in Error. In the event AvMed pays a commission to Producer due to error, whether Producer or AvMed error, including, but not limited to, payment of commission for premiums that the Member fails to pay to AvMed, AvMed may collect such amount thereof directly from Producer by offsetting any future commissions payable to Producer against such amount. Provided, AvMed shall not pursue commission overpayments after expiration of the eighteen (18) month period commencing the first day of the month following the month in which the error occurred. Producer shall have ninety (90) days to dispute commission underpayments in writing to AvMed.
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Commissions Paid in Error. In the event HFHP and/or FHCA pays a Commission to Agent due to error, regardless of which party is responsible for the error, HFHP and/or FHCA will collect such amount thereof directly from Agent, offset any future Commissions payable to Agent against such amount, or in the case of an underpayment pay such amount due to Agent; provided, however, that: (a) in the case of an underpayment, HFHP and/or FHCA shall have no obligation to pay any amount due to Agent if the Agent does not notify HFHP and/or FHCA of such underpayment within twenty-four (24) months of the date of the erroneous Commission payment; and (b) in the case of an overpayment, HFHP and/or FHCA shall not initiate a pursuit of a Commission overpayment if HFHP and/or FHCA does not notify Agent within twenty- four (24) months of the date of the erroneous Commission payment. If HFHP and/or FHCA has initiated a collection related to a Commission overpayment within the 24- month period described in the preceding sentence, then there shall be no time limit, subject to state law, on HFHP’s and/or FHCA’s ability to pursue collection of such overpayment. This 24-month limitation on any erroneous Commissions payment shall not apply (i) in cases of fraud or violations of CMS regulations marketing guidelines by Agent or (ii) a determination by CMS that a person was improperly enrolled or not enrolled in a HFHP and/or FHCA Plan. In instances where Agent was paid a Commission for a sale of a HFHP and/or FHCA Plan that was in violation of CMS regulations or Marketing Guidelines, HFHP and/or FHCA also shall have the right, without time limitation, to offset any amounts due from Agent to HFHP and/or FHCA against any amounts payable to Agent. These rights are in addition to any other rights or remedies HFHP and/or FHCA may have under this Agreement or otherwise.
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Commissions Paid in Error. In the event UUHIP pays a Commission to Agent due to error, regardless of whether Agent or UUHIP is responsible for the error, UUHIP shall collect such amount thereof directly from Agent or offset any future Commissions payable to Agent against such amount; provided, however, UUHIP shall not pursue any Commission overpayments/underpayments after expiration of the 90-day period commencing the first day of the month following the month in which the error is first discovered by UUHIP. UUHIP shall provide Agent, on a monthly basis, a statement setting forth Commissions earned and payable to the Agent and any deductions during the preceding quarter. If Agent fails to notify UUHIP in writing of any differences between the statement and its records as to any Commission overpayments/underpayments within 90 days of the date the statement is provided to Agent, such failure to notify shall be admission of the correctness of such statement. The 90-day limitations set forth herein shall not apply in cases of fraud or violations of Federal or state laws or regulations. This right is in addition to any other rights or remedies UUHIP may have under this Agreement or otherwise.
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Related to Commissions Paid in Error

  • Payment of Commissions Payments of selling commissions and any other fees due to the Dealer pursuant to this Agreement will be made by the Dealer Manager to the Dealer. Selling commissions and such other fees and expense reimbursements due to the Dealer pursuant to this Agreement will be paid to the Dealer within 30 days after their receipt by the Dealer Manager. The Dealer, in its sole discretion, may authorize the Dealer Manager to deposit selling commissions and any other fees or payments due to it pursuant to this Agreement directly to its bank account. If the Dealer so elects, the Dealer shall provide such deposit authorization and instructions in Schedule 2 to this Agreement.

  • Commissions and Fees Pentegra has not incurred any obligation for any finder's, broker's or similar fees in connection with the transactions contemplated hereby.

  • COMMISSIONS AND EXPENSES 15.1 The Issuer agrees to pay to the Agent such fees and commissions as the Issuer and the Agent shall separately agree in respect of the services of the Paying Agents under this Agreement together with any out of pocket expenses (including legal, printing, postage, fax, cable and advertising expenses) incurred by the Paying Agents in connection with their services. 15.2 The Agent will make payment of the fees and commissions due under this Agreement to the other Paying Agents and will reimburse their expenses promptly after the receipt of the relevant moneys from the Issuer. The Issuer shall not be responsible for any payment or reimbursement by the Agent to the other Paying Agents.

  • Excess Brokerage Commissions The Adviser is hereby authorized, to the fullest extent now or hereafter permitted by law, to cause the Corporation to pay a member of a national securities exchange, broker or dealer an amount of commission for effecting a securities transaction in excess of the amount of commission another member of such exchange, broker or dealer would have charged for effecting that transaction, if the Adviser determines in good faith, taking into account such factors as price (including the applicable brokerage commission or dealer spread), size of order, difficulty of execution, and operational facilities of the firm and the firm’s risk and skill in positioning blocks of securities, that such amount of commission is reasonable in relation to the value of the brokerage and/or research services provided by such member, broker or dealer, viewed in terms of either that particular transaction or its overall responsibilities with respect to the Corporation’s portfolio, and constitutes the best net results for the Corporation.

  • Brokerage Commissions All brokers' commissions and other charges incident to the purchase, sale or lending of the Fund 's portfolio securities.

  • Reports to the Commission The Servicer shall, or shall cause the Depositor to, on behalf of the Issuer, execute and cause to be filed with the Commission any periodic reports required to be filed with respect to the issuance of the Notes under the provisions of the Exchange Act and the rules and regulations of the Commission thereunder. The Depositor shall, at its expense, cooperate in any reasonable request made by the Servicer in connection with such filings.

  • Broker’s or Finder’s Commissions No broker’s or finder’s fee or commission will be payable with respect to the execution and delivery of this Agreement and the other Loan Documents.

  • NO BROKERS, FINDERS OR FINANCIAL ADVISORY FEES OR COMMISSIONS No brokers, finders or financial advisory fees or commissions will be payable by the Company, its agents or Subsidiaries, with respect to the transactions contemplated by this Agreement.

  • Sales Commissions You shall not be entitled to charge a sales commission on the sale of Shares of the Company.

  • Payment of Commission 7 (1) The Company may exercise the power to make payments by way of brokerage or commission conferred by the Law in the manner provided by the Law. 7 (2) Payments by way of brokerage or commission may be satisfied by the payment of cash and, after the Establishment Period, by the allotment of fully or partly paid shares, or partly by the payment of cash and partly by the allotment of fully or partly paid shares.

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