Compensation of the Broker. Except as provided in the Prospectus, which may be amended or supplemented from time to time:
Compensation of the Broker. 3.1 The Client agrees to compensate the Broker as provided for below if the Client or any party acting on behalf of the Client, acquires residential real property during the Term of this Agreement: Percentage of Sale Price/Flat Fee: Other:
3.2 The parties agree that the obligation of the Client under this Section may be satisfied in all or part by the Seller or the Seller’s broker. Any compensation paid by the Seller or the Seller’s broker to the Broker shall be credited toward the Client’s obligations owed under this Agreement. Regardless of the fact that the Seller or the Seller’s broker may agree to offer compensation to the Broker, the Broker agrees at all times to represent the Client’s best interests subject to the Broker’s Company Policy on Agency, the requirements of Ohio law, and the terms of this Agreement. In particular, the Broker agrees that the Broker will not refuse to show any property to the Client on the basis of any compensation that may be offered by the Seller or the Seller’s broker, and agrees not to limit or filter any property search by any compensation that may be offered by the Seller or the Seller’s broker, absent request of the Client.
3.3 Although the Seller or the Seller’s broker may pay compensation to the Broker, the payment of such compensation by the Seller or Seller’s broker shall not in any way make the Broker in this Agreement the agent of the Seller or subagent of the Seller’s broker.
3.4 If the compensation received by the Broker from the Seller or the Seller’s broker under Section
3.1 is equal to the Client’s payment obligation under this Agreement, the Client’s obligation to the Broker shall be deemed satisfied. If the compensation received by the Broker from the Seller or the Seller’s broker under Section 3.1 is less than the full amount of compensation owed by the Client under this Agreement, the Client shall still be responsible for the payment to the Broker of the remaining amount owed.
3.5 The Broker shall not receive compensation from the Seller, the Seller’s broker, or any other third- party in excess of the amount owed under Section 3.1. CLIENT RECOGNIZES THAT THEY ARE ULTIMATELY RESPONSIBLE FOR PAYING THE BROKER ANY AMOUNTS OWED UNDER THIS AGREEMENT SUBJECT TO ANY OFFSET PERMITTED UNDER THIS SECTION.
Compensation of the Broker. 3.1 The Client agrees to compensate the Broker as provided for below if the Client or any party acting on behalf of the Client, purchases or exchanges residential real property during the term of this Agreement: Percentage of Sale Price: Flat Fee: Other: Method of compensation not applicable if left blank.
3.2 The parties agree that the obligation of the Client may be satisfied in all or part by a Seller paid commission. Any Seller paid commission shall be credited toward the Client’s obligation. Regardless of the fact that the Seller may pay a sales commission, the Broker will represent the Client subject to Broker’s Company Policy on Agency and the terms of this agreement.
3.3 As part of all real estate purchase offers Xxxxx may request that the Seller, on Xxxxx’s behalf, pay Buyer Broker’s fee due under this Agreement at the time of settlement. Although the Seller may pay this fee on behalf of the Buyer, the payment of this, or any, fee by the Seller or Seller’s Broker shall not in any way make the Broker in this Agreement the agent or subagent of the Seller.
Compensation of the Broker. The Broker's compensation for its services hereunder shall be limited to the commodity brokerage fees charged to each Series in accordance herewith. The Broker shall charge each Series a separate brokerage fee for all services provided by the Broker for such Series at an annualized rate of 7.75% of each Series' Net Asset Value. The brokerage fee shall be determined at the close of business each Friday based on the Series' then Net Asset Value but before the deduction of (i) any fees, including the brokerage fee, the management fee and the incentive fee, if any and (ii) redemptions for such week. The sum of the amounts determined weekly shall be paid monthly. In the event a Series commences trading activities subsequent to the first business day of a week or terminates prior to the last business day of a week, the brokerage fee shall be prorated for any such week on the basis of the number of trading days in the week the services were provided by the Broker as compared to the total number of trading days in that week. In addition, the Broker shall be obligated to pay all fees and expenses related to the execution of the each Series' Commodity Interest trading (including, without limitation, floor brokerage, any costs associated with taking delivery of Commodity Interests and National Futures Association ("NFA"), exchange and clearing fees). There will be no material change related to the aforementioned monthly brokerage fee except upon 20 business days' notice to Limited Owners of each Series, and no increase in such fee shall take effect except at the beginning of a quarter. The brokerage fee shall be paid by each Series within 20 days of the end of each month. 7.
Compensation of the Broker. 4.1 The Broker shall be entitled to payment of commission and fees as regulated by relevant legislation, calculated according to the terms set out in Annexure A attached hereto, subject to review by SAU from time to time and agreed by the Broker.
4.2 Commission and fees shall be payable to the Broker on all premiums received. Commission paid on any unpaid premium notified after a commission run will be deducted from the subsequent month’s commission payment.
4.3 Any expenditure incurred by the Broker shall be his/her responsibility.
4.4 The Broker will not be entitled to set off commission or fees due to him/her against any amount owing to SAU.
4.6 In the event of cancellation of this agreement, SAU may retain 100% of the commission or fees due for 30 days, 50% of the commission or fees due for 60 days and 25% of the commission or fees due for 90 days from the date that the insurer received the last premium from the insured. This precaution is merely to cover the commission being paid in advance as per Par.
4.2 with regards to unpaid premiums, stop payments by Insured or disputes raised by the insured’s bank. The broker further acknowledges that in certain circumstances premiums may be returned unpaid after this period in which event the broker undertakes to reimburse the insurer with any such commission or fees.
Compensation of the Broker. Dealers. 13 3.7 Representations and Warranties of the Indenture Trustee. 14
Compensation of the Broker. In consideration for the services to be performed by Xxxxxx:
A. Cooperative Fee. In the event Client contracts to purchase the Desired Property, which is listed with a broker, and listing broker is paying compensation to Buyer’s Agents via a cooperative fee, this will be accepted as commission regardless of percentage amount.
Compensation of the Broker. 4.1 The Broker shall be entitled to payment of commission and fees as regulated by relevant legislation, calculated according to the terms of paragraph 16, subject to review by SAU from time to time and agreed by the Broker.
4.2 Commission shall be payable in advance to the Broker, where after all unpaid premiums will be deducted and accounted for on the commission due for the following month, subject to the following conditions being complied with:
4.2.1 written confirmation by SAU of acceptance of an application for insurance;
4.2.2 payment of all premiums and/or debts due to the SAU;
4.2.3 premium payments made to the insurer by means of the debit order system.
4.3 Any expenditure incurred by the Broker shall be his/her responsibility.
4.4 The Broker will not be entitled to set off commission due to him/her against any amount owing to SAU.
4.5 SAU shall be entitled at any time to offset an amount owed to SAU by the Broker against the credit of the Broker, and to retain any credit until any dispute has been settled
4.6 In the event of cancellation of this agreement SAU may retain the commission payable to the Broker for a maximum of 90 days from the date that the insurer received the last premium from the insured. This precaution is merely to cover the commission being paid in advance as per Par. 4.2 with regards to unpaid premiums, stop payments by Insured or disputes raised by the insured‟s bank.
4.7 In the event that the Broker‟s FSP license is withdrawn, suspended or lapses SAU will retain the commission payable to the Broker until such a time as confirmation is received that the license has been reinstated or reissued. In terms of relevant legislation SAU cannot deal with the Broker unless they are duly authorised to conduct financial services.
Compensation of the Broker. The Partnership will pay the Broker brokerage commissions at a roundturn rate of 80% of the Broker's published non-member rates for speculative accounts, which covers both the taking and liquidation of a position. The Partnership will pay separately for all transaction fees and costs. The Partnership will pay to the Broker a fee for each roundturn forward contract which will average between $3 and $6 per roundturn contract, depending upon the size of the trades. The Broker will not charge the Partnership a xxxx-up or spread on such forward trading. The Broker will charge a transaction fee of approximately $2.50 for each cash contract transaction relating to an EFP transaction, and will charge for the use of the institutional execution desk and overnight execution facilities at rates of up to $3 per roundturn. The Partnership will pay the Broker brokerage commissions for currency forward contract transactions at rates established with reference to the brokerage commission rate charged on exchange-traded currency futures contracts. The Broker may from time to time adjust the United States dollar size of currency forward contracts so that the brokerage commission rate charged on such contracts will approximate the rate charged on exchange-traded currency futures contracts of similar United States dollar value. Brokerage commissions, together with transaction fees and costs, with respect to the Trading Advisor's allocated Net Assets will be capped at 13/20 of 1% per month (in the event that the Trading Advisor employs multiple trading systems in trading on behalf of the Partnership, the foregoing cap is applied on a per trading system basis) of the Partnership's Net Assets (determined before redemptions and distributions as of month-end) allocated to the Trading Advisor or trading system as of the last day of each month (a maximum 7.8% annual rate). In addition, the aggregate of (i) brokerage commissions and transaction fees and costs payable by the Partnership and (ii) the net excess interest and compensating balance benefits to DWR, after crediting the Partnership with interest, shall not exceed 14% annually of the Partnership's average monthly Net Assets as of the last day of each month during a calendar
Compensation of the Broker. 3.1 The Client agrees to compensate the Broker as provided for below if the Client or any party acting on behalf of the Client, leases residential real property during the term of this Agreement: Percentage of the gross amount of the Lease: Flat Fee: Other: Method of compensation not applicable if left blank.
3.2 The parties agree that the obligation of the Client may be satisfied in all or part by a property owner paid commission. Any property owner paid commission shall be credited toward the Client’s obligation. Should the amount the property owner pays to the Broker be less than the agreed amount as stated above, the Client shall be responsible for the balance of the commission. Regardless of the fact that the property owner may pay a lease commission, the Broker will represent the Client subject to Broker’s Company Policy on Agency and the terms of this agreement.
3.3 As part of all real estate lease offers, the Broker may request that the property owner pay Client’s Broker’s fee due under this Agreement at the time of the settlement of a fully executed lease. Although the property owner may pay this fee on behalf of the Client, the payment of this, or any, fee by the property owner or property owner’s broker shall not in any way make the Broker in this Agreement the agent or subagent of the property owner.
