INACTIVITY AND CANCELLATION Sample Clauses

INACTIVITY AND CANCELLATION. 11.1 — Inactivity It is the Associate's (Executive’s) responsibility to lead his or her organization and set a proper example by personal producing sales to end consumers. Without this proper example and leadership, the Associate (Executive) will lose his or her right to receive commissions from the sales generated through his or her organization. Therefore, Associates (Executives) who personally produce less than $100 of Personal Sales Volume, during any calendar quarter will forfeit all Personal Sales Volume accrued. The Associate (Executive) may re- activate his or her business center by generating a qualifying order.
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INACTIVITY AND CANCELLATION. 12.1 - Effects of Voluntary or Involuntary Cancellation As long as you remain active and comply with the terms of the Independent Presenter Agreement and these Policies and Procedures, Younique will pay you Bonuses and Commissions in accordance with the Royalty Plan. Your Bonuses and Commissions constitute the entire reward for your efforts in generating sales and all activities related to generating sales, including building and nurturing your Downline organization. If you fail to renew your Independent Presenter Agreement due to inactivity or failure to meet minimum sales requirements, or if your Independent Presenter Agreement is voluntarily or involuntarily cancelled, you will receive Bonuses and Commissions only for the last full pay period prior to the cancellation (less any amounts withheld during an investigation preceding an involuntary cancellation). Upon the cancellation of your Independent Presenter Agreement, you shall be deemed to have waived all of your rights, title, claim, or interest to the Downline organization that you operated, and to any leadership Bonuses from the sales generated by that organization. Additionally, you will lose the right to represent Younique, the right to sell Younique products, and the right to receive future Commissions, Bonuses, or other income resulting from Younique activities. If you submit a request to re-enroll, or if you re-activate by way of increased PRS, within three (3) months of the time of voluntary or involuntary cancellation and Younique agrees at its sole discretion to allow you to re-enroll or re-activate, you may obtain your original Presenter ID number and maintain your original Downline. If you submit a request to re-enroll after expiration of the three (3) months since the date of a voluntary or involuntary cancellation and Younique agrees at its sole discretion to allow you to re-enroll, you must apply for a new Presenter number, purchase a new Starter Kit, and you will not maintain your prior D Downline but you will be enrolled under your original Sponsor. If you wish to re-enroll under a different Sponsor, you must wait until at least six (6) months have passed since the date of the voluntary or involuntary cancellation.
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INACTIVITY AND CANCELLATION. 17.1 – Effect of Cancellation So long as a LifeVantage Distributor remains Active and complies with the terms of the Agreement, including this Manual, LifeVantage shall pay Financial Distributions (as described in Section 12) to such LifeVantage Distributor in accordance with the LifeVantage Sales Compensation Plan. A LifeVantage Distributor’s Financial Distributions constitute the entire consideration for the LifeVantage Distributor’s efforts and activities related to generating sales (including building a Marketing Organization). Following a LifeVantage Distributor’s non-renewal of his, her or its Agreement (all of these methods are collectively referred to as “Cancellation”), the former LifeVantage Distributor shall have no right, title, claim or interest to the Marketing Organization which he, she or it operated, or any commission or bonus from the sales generated by the Marketing Organization. A LifeVantage Distributor whose LifeVantage distributorships is cancelled will permanently lose all rights as a LifeVantage Distributor. This includes the right to sell LifeVantage products and the right to receive future commissions, bonuses or other income resulting from the sales and other activities of the LifeVantage Distributor’s former Marketing Organization. In the event of cancellation, LifeVantage Distributors agree to waive all rights they may have including, but not limited to, property rights, to their former Marketing Organization and to any bonuses, commissions or other remuneration derived from the sales and other activities of his, her or its former Marketing Organization. Following a LifeVantage Distributor’s cancellation of his, her or its Agreement, the former LifeVantage Distributor shall not hold himself or herself out as a LifeVantage Distributor and shall not have the right to sell LifeVantage products. A LifeVantage Distributor whose Agreement is cancelled shall receive commissions and bonuses only for the last full commission period he, she or it was active prior to cancellation (less any amounts withheld during an investigation preceding an involuntary cancellation). LifeVantage Distributors may reapply as a new LifeVantage Distributor in accordance with Section 4.7.5 “Cancellation and Reapplication.”
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INACTIVITY AND CANCELLATION. TERMINATION
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INACTIVITY AND CANCELLATION. 18.1 – Effect of Cancellation18.2 – Cancellation and Reclassification Due to Inactivity 18.3 – Involuntary Cancellation 18.4 – Voluntary Cancellation 18.5 – Non-Renewal SECTION 19 – DEFINITIONS
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INACTIVITY AND CANCELLATION. 12.1 - Effects of Voluntary or Involuntary Cancellation As long as you remain current and comply with the terms of the Presenter Agreement and these Policies and Procedures, Younique will pay you bonuses and commissions in accordance with the Royalty Plan. Your bonuses and commissions constitute the entire reward for your efforts in generating sales and all activities related to generating sales-including building and nurturing your Downline Organization. If you fail to renew your Presenter Agreement due to inactivity or failure to meet minimum sales requirements, or if your Presenter Agreement is voluntarily or involuntarily cancelled, you will receive bonuses and commissions only for the last full pay period prior to the cancellation (less any amounts withheld during an investigation preceding an involuntary cancellation). Upon the cancellation of your Presenter Agreement, you shall be deemed to have waived all of your rights, title, claim, or interest to the Downline Organization that you operated, and to any leadership bonuses from the sales generated by that organization. Additionally, you will lose the right to represent Younique, the right to sell Younique products, and the right to receive future commissions, bonuses, or other income resulting from Younique activities.
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INACTIVITY AND CANCELLATION. 7.1 - Effect of Cancellation So long as Independent Representative remains active and complies with the terms of the MSTG Solutions, Inc. Agreement, these Policies and Procedures, and Advertising Rules and Regulations, MSTG Solutions, Inc. shall pay commissions to such Independent Representatives in accordance with the MSTG Solutions, Inc.'s Marketing and Compensation Plan. Following an Independent Representative's non-renewal of his or her Independent Representative Agreement, or voluntary or involuntary cancellation of his or her Independent Representative Agreement (all of these methods are collectively referred to as "cancellation"), the former Independent Representative shall have no right, title, claim or interest to the marketing organization which he or she operated, or any commission or bonus from the sales generated by the organization. Following an Independent Representative's cancellation of his or her Independent Representative Agreement, the former Independent Representative shall not hold himself or herself out as a MSTG Solutions, Inc. Independent Representative and shall not have the right to sell MSTG SOLUTIONS products or services. An Independent Representative whose Independent Representative Agreement is canceled shall receive commissions and bonuses only for the last full pay period he or she worked prior to cancellation (less any amounts withheld during an investigation preceding an involuntary cancellation). MSTG Solutions, Inc. shall have the right of set off for any amounts owed to MSTG Solutions, Inc. MSTG SOLUTIONS POLICIES AND PROCEDURES
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INACTIVITY AND CANCELLATION 
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Related to INACTIVITY AND CANCELLATION

  • Modification, Waiver, Termination and Cancellation No supplement, modification, termination, cancellation or amendment of this Agreement shall be binding unless executed in writing by both of the parties hereto. No waiver of any of the provisions of this Agreement shall be deemed or shall constitute a waiver of any other provisions hereof (whether or not similar), nor shall such waiver constitute a continuing waiver.

  • Section 309 Cancellation All Securities surrendered for payment, redemption, registration of transfer or exchange or for credit against any sinking fund payment shall, if surrendered to any Person other than the Trustee, be delivered to the Trustee and shall be promptly cancelled by it. The Company may at any time deliver to the Trustee for cancellation any Securities previously authenticated and delivered hereunder which the Company may have acquired in any manner whatsoever, and may deliver to the Trustee (or to any other Person for delivery to the Trustee) for cancellation any Securities previously authenticated hereunder which the Company has not issued and sold, and all Securities so delivered shall be promptly cancelled by the Trustee. No Securities shall be authenticated in lieu of or in exchange for any Securities cancelled as provided in this Section, except as expressly permitted by this Indenture. All cancelled Securities held by the Trustee shall be disposed of as directed by a Company Order.

  • Prepayment and Cancellation 8.1 Mandatory prepayment - illegality

  • Purchase for Cancellation Subject to applicable law, meeting the solvency requirements under Bermuda law and to the provisions described in Section 6, the Partnership may at any time purchase for cancellation the whole or any part of the Series 7 Preferred Limited Partnership Units Outstanding from time to time, in the open market through or from an investment dealer or any firm holding membership on a recognized stock exchange, or by private agreement or otherwise, at the lowest price or prices at which, in the opinion of the General Partner, such units are obtainable.

  • Automatic cancellation The Commitment of each Lender will be automatically cancelled at the close of business on the last day of the Availability Period.

  • Voluntary cancellation Subject to the payment of SIMEST Break Costs, the Borrower may, if it gives the Agent not less than thirty-five (35) days’ (or such shorter period as the Majority Lenders may agree) prior notice, cancel the whole or any part of the Available Facility. Any cancellation under this Clause 7.9 (Voluntary cancellation) shall reduce the Commitments of the Lenders rateably.

  • Debt Cancellation Borrower shall not cancel or otherwise forgive or release any claim or debt (other than termination of Leases in accordance herewith) owed to Borrower by any Person, except for adequate consideration and in the ordinary course of Borrower’s business.

  • Cancellation and Destruction All Debentures shall forthwith after payment thereof be delivered to the Trustee and cancelled by it. All Debentures cancelled or required to be cancelled under this or any other provision of this Indenture shall be destroyed by the Trustee and, if required by the Corporation, the Trustee shall furnish to it a destruction certificate setting out the designating numbers of the Debentures so destroyed.

  • Winding Up and Certificate of Cancellation The winding up of the LLC shall be completed when all of its debts, liabilities and obligations have been paid and discharged or reasonably adequate provisions therefore has been made, and all of the remaining property and assets of the LLC have been distributed to the Member. Upon the completion of the winding up of the LLC, a Certificate of Cancellation of the LLC shall be filed with the Delaware Secretary of State.

  • Other Provisions applicable to Adjustments under this Section The following provisions shall be applicable to the making of adjustments of the number of shares of Common Stock for which this Warrant is exercisable and the Warrant Price then in effect provided for in this Section 4:

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