Common use of Compensation to Vendor Clause in Contracts

Compensation to Vendor. Any Claim or Account assigned to Vendor on or after the effective date of this Retention Agreement will be compensated as follows: The standard compensation amount for any account assigned to Vendor for delinquent debt collection will be twenty-one percent (21%) of monies collected on the balance due, except for the following:

Appears in 3 contracts

Samples: Calendar Year 2020 Retention Agreement, 2023 Retention Agreement, Calendar Year 2020 Retention Agreement

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Compensation to Vendor. Any Claim or Account assigned to Vendor on which a recovery has been made on or after the effective date of this Retention Agreement will shall be compensated paid as follows: The standard compensation amount for any account assigned to Vendor for delinquent debt collection will be twenty-one percent (21%) of monies collected on the balance due, except for the following:

Appears in 1 contract

Samples: Retention Agreement

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