Fees and Commission. 4.1 RUL will notify to the Intermediary in writing the types of Policy in relation to which RUL will accept business from the Intermediary. RUL may amend such Policy types from time to time on the number of days’ notice set out in Schedule 1, or on immediate notice if changes are required by RUL for legal reasons or in order to comply with any Regulatory Requirement or for any reason relating to reinsurance arrangements. RUL will pay fees and/or commission only in respect of such types of Policy.
4.2 RUL will pay to the Intermediary a fee and/or commission in respect of each Policy which it concludes with a Policyholder as a result of an introduction to RUL by the Intermediary in accordance with this Agreement. Such fee and/or commission shall only become payable if:
4.2.1 the Premium has been received by the Intermediary from the customer; and
4.2.2 the Intermediary continues to have authority to act as the Policyholder’s agent and that the Intermediary’s appointment as an agent of RUL is still in force.
4.3 Subject to Sub-clause 12.1, the rate of fees and/or commission applicable to any particular Policy will be that which applies at the inception date of the Policy or when the Policy is concluded, if earlier. The amounts of such fees and/or commission shall be as detailed in Schedule 3. RUL may amend the amounts of fees and/or commission from time to time on the number of days’ notice set out in Schedule 1.
4.4 In the event of a cancellation or adjustment of a Policy resulting in a return by RUL of a proportion of the Premium to the Policyholder, the Intermediary shall refund to RUL the same proportion of its commission. RUL may choose whether this refund shall be made by deduction against future commission payments due to the Intermediary from RUL or remitted to RUL by the Intermediary forthwith on request by RUL.
4.5 Without prejudice to Clause 7, the Intermediary shall repay to RUL any commission received in respect of a Policy placed by the Intermediary with RUL without Authorisation or cancelled in exercise of any statutory right.
4.6 The Intermediary shall pay interest, at RUL’s discretion, in accordance with Clause 24 on any commission to be repaid from the date on which it was notified that such repayment was due until the date it is repaid.
4.7 RUL shall have the right to set off any sums due to it pursuant to this Agreement, whether in respect of Premium or otherwise, against commission due to the Intermediary, regardless of when such commissi...
Fees and Commission evidence that the fees and commissions due under clause 7 have been paid in full (or upon drawdown of the Delivery Date Advance will have been paid);
Fees and Commission. Openmarkets will receive payment from Clients of commission or fees. You agree that it is the Intermediary (and not Openmarkets) that is to charge you fees or Commission in respect of Transactions contemplated by this agreement (other than any fee or charge payable directly to Openmarkets as set out herein or in the Openmarkets Financial Services Guide) and Openmarkets receives such money as the agent of (and not as trustee for) the Intermediary. Unless expressly stated otherwise, all fees, charges and other consideration to be provided under these Terms and Conditions are GST inclusive. Unless a fee is expressly stated to be exclusive of GST, you agree to pay us the GST amount.
Fees and Commission. 4.1 The Client will pay to Evergrande Securities (Hong Kong) and Evergrande Futures (Hong Kong), on or before the settlement date for a transaction, such reasonable fees, charges and expenses as Evergrande Securities (Hong Kong) and Evergrande Futures (Hong Kong) may from time to time notify to the Client in advance, whether orally or in writing, together with all applicable levies, brokerage charges, transfer fees, registration fees, stamp duties and other liabilities, taxes, charges, costs and expenses, whatsoever incurred from the Client’s settlement obligation. If the Client fails to settle all the above charges before the due date as requested by Evergrande Securities (Hong Kong) and Evergrande Futures (Hong Kong), Evergrande Securities (Hong Kong) and Evergrande Futures (Hong Kong) are entitled to liquidate or realize the securities in Client’s account by market price on the due date and, under any circumstances, Evergrande Securities (Hong Kong) and Evergrande Futures (Hong Kong) will not be liable for any loss suffered by the Client. Evergrande Securities (Hong Kong) and Evergrande Futures (Hong Kong) may also transfer any balance in Client’s account to settle any outstanding debts or financial obligations.
4.2 If the disposal proceeds from liquidating the securities fail to cover all outstanding trading fees, the Client hereby undertakes to settle the balance as requested by Xxxxxxxxxx Xxxxxxxxxx (Hong Kong) and Evergrande Futures (Hong Kong).
4.3 The Client hereby agrees to pay Evergrande Securities (Hong Kong) and Evergrande Futures (Hong Kong) any and all interest on overdue balance at such reasonable rate as Evergrande Securities (Hong Kong) and Evergrande Futures (Hong Kong) may from time to time determine in good faith.
Fees and Commission. The Manager shall account to the Company and shall procure that any Approved Person or Connected Person of the Manager or any Approved Person shall also account to the Company for any fees, commissions or other payment or benefit (whether in money or moneys worth) received by the Manager or any Connected or Approved Person in relation to, or arising out of, or in connection with, the acquisition, holding or disposition of any Portfolio Security by the Company provided that this clause shall not apply where the Manager, Approved Person or Connected Person has previously disclosed the fee, commission or other payment or benefit to the Board and the Board has consented to the fee, commission or other payment or benefit.
Fees and Commission. As compensation for its services in initiating this transaction and ongoing consulting services to AVE, AVE acknowledges and agrees that 1,063,874 shares being issued hereunder are being issued under Rule 504 in cancellation of all debts owned to the Consultants for their services rendered or otherwise arising out of this Agreement and the transactions contemplated hereby. Pursuant to the Consulting Agreements attached hereto as Exhibit "X", these shares are being issued to (a) Olympic Capital Group, Inc. and its designees-205,000 shares; (b>) Henrx Xxxxxx-000,874 shares; (c) Michxxx Xxxhe-142,500; Davix Xxxxx-000,500; and Kennington Investments Limited-200,000.
Fees and Commission. 7.1 Subject to the provisions of Clause 7.2 below, the Company and each of the Selling Shareholders shall pay the fees and expenses of the Lead Managers as specified in the Fee Letter. Other than (i) listing fees which shall be solely borne by the Company; and (ii) fees for legal counsel to the Selling Shareholders, which shall be solely borne by the respective Selling Shareholders, all costs, charges, fees and expenses that are associated with and incurred in connection with the Offer shall be borne by each of the Company and the Selling Shareholders, on a pro rata basis, in proportion to the number of Equity Shares issued and allotted by the Company pursuant to the Fresh Issue, and/or transferred by the Selling Shareholders in the Offer for Sale, respectively, subject to applicable law, and except as may be prescribed by the SEBI or any other regulatory authority. All such payments shall be made by the Company on behalf of the Selling Shareholders (in accordance with the appointment or engagement letter or memoranda of understanding or agreements with such entities) and upon the successful completion of the Offer, each of the Selling Shareholders agree that it shall reimburse the Company, on a pro rata basis, in proportion to its respective portion of the Offered Shares, for any expenses incurred by the Company on behalf of such Selling Shareholder except as may be prescribed by the SEBI or any other regulatory authority.
7.2 The Company shall pay the Lead Managers any compensation and/or other amounts payable or paid by any Lead Managers on account of any delay in redressal of grievances in relation to unblocking of UPI Bids and/or for any other reason pursuant to and/or arising out of the same, in accordance with the SEBI Circulars and other Applicable Law, including any interest and/or penalty charged thereon which shall be calculated in accordance with the SEBI Circulars and/or other Applicable Law. The Company shall pay the Lead Managers within five (5) working days of receiving an intimation from such Lead Managers and receipt of proof of payment, regarding any compensation and/or other amounts payable or paid by the Lead Managers on account of any delay in redressal of grievances in relation to unblocking of UPI Bids and/or for any other reason pursuant to and/or arising out of the same, in accordance with the SEBI Circulars and other applicable law. Further, the Company agrees that they shall pay the Lead Managers immediately but not later than 5...
Fees and Commission. UNF agrees to pay AGENT each semester a contract fee for each student referred to UNF by AGENT who is admitted to and enrolls in ELP, pays full tuition for ELP for that semester, and submits a signed agent/student semester agreement, as follows: $650.00 (six hundred fifty USD) for a Session A (13 weeks) enrollment; $325.00 (three hundred twenty-five USD) for a Session B (7 weeks) enrollment; an amount equal to 16% (sixteen percent) of a student’s tuition for an enrollment of a student taking individual classes who is a foreign student residing in a foreign country and who is not eligible to receive U. S. federal student assistance. No contract fee is due to AGENT from UNF unless the student is actually admitted to and enrolls in ELP, pays full tuition for ELP, and submits a signed agent/student semester agreement. UNF will pay AGENT’s invoices for contract fees owed. Such invoices must be submitted to ELP for each and every semester that a new referred student attends classes at ELP. Payment of AGENT’s invoice shall be made not later than forty (40) days after receipt of a proper invoice, receipt of services, except that in the case of a bona fide dispute, AGENT shall be notified of the dispute and payment made only for the amount not in dispute. For purposes of determining the date an invoice was received, UNF will be deemed to have received an invoice on the date on which an invoice is first received at the location specified in this contract. In cases where AGENT's invoice is incorrect and AGENT is required to furnish a revised invoice, the receipt date of the revised invoice will be used. UNF will make partial payments to AGENT upon partial delivery of services when a request for such partial payment is made by AGENT and approved UNF’s controller. In cases of disputes regarding issues other than invoice amounts, AGENT will be contacted, documentation will be maintained as to the date(s) and person(s) contacted. The invoice receipt date will be the date final resolution is reached. Where the specific provisions of federal or state law alter the timeframe for making contractually required payments to AGENT, UNF will process payments to meet the contractual or statutory timeframe. If a check in payment of an invoice is not issued within forty (40) days after receipt of a proper invoice and receipt, inspection and approval of the services, UNF will pay to AGENT, in addition to the amount of the invoice, an interest penalty at the rate established pursuant ...
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Fees and Commission. It is understood by the parties hereto that real estate fees and commissions are negotiable, and it is agreed that, as a result of their negotiations, Owner shall pay Great Lakes Property Management Co. LLC for the following:
a) 10% of the collected monthly gross rent and 50% of late fee charges to Great Lakes Property Management Co. LLC.
b) Owner agrees to pay a commission equal to 1 months’ rent every time a property is advertised, shown and leased.
c) Owner agrees to pay a one-time onboarding fee of $295.00 for any property(ies) being transferred from another management company with tenants in place. The fee will not apply to vacant properties being transferred.
d) If a tenant placed by GLPM vacates the property prior to the end of the agreed lease term, GLPM will place a new tenant at no cost to Owner.
e) Owner responsible for any and all repair expenses (time & material), including cleaning and painting if approved when a tenant moves out payable to Contractor of Owners Choice.
f) Owner responsible for all other related expenses to the property (i.e., utilities, City Xxxxxx Xxxxxxxxxxxx, etc.)
g) Owner agrees the Property Manager will hold a $0 repair retainer fee which will be refunded to the owner when this contract expires. Note, the owners account statement will show this amount as your minimum balance. Should your balance fall below the $0, Great lakes property management Co LLC will have the option to request payment or take it from the next rent collected.
