General Agency Current Commissions. American Equity shall pay to AEISC general agency current commissions (“Current Commissions”) no later than 10:00 a.m., Central Standard Time, on each Commission Payment Date in the following amounts:
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Samples: General Agency Agreement, And Servicing Agreement (American Equity Investment Life Holding Co)
General Agency Current Commissions. American Equity shall pay to AEISC general agency current commissions (“"Current Commissions”") no later than 10:00 a.m., Central Standard Time, on each Commission Payment Date in an amount equal to .3875% of the following amounts:Commission Accumulated Value determined as of the preceding Commission Payment Date.
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General Agency Current Commissions. American Equity shall pay to AEISC general agency current commissions (“"Current Commissions”") no later than 10:00 a.m., Central Standard Time, on each Commission Payment Date in an amount equal to (i) 0.325 % of the following amounts:Commission Accumulated Value of all Eligible Contracts produced on or before August 31, 1999; and 0.25% of the Commission Accumulated Value of all Eligible Contracts produced on or after September 1, 1999. The determination of Commission Accumulated Value for purposes of the preceding sentence shall made in each case as of the preceding Commission Payment Date.
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