Initial Commission. For up to twelve months immediately following the sale of a Unit, SUSA will pay to the Additional Selling Agent a sales commission (the “Initial Commission”) equal to the Annual Percentage set forth in Paragraph 2 below. A pro rata portion of the Initial Commission will be paid to the Additional Selling Agent on a monthly basis (i.e., one twelfth of the Initial Commission per month), commencing no later than the 20th calendar day of the month following the month in which a purchase of a Unit occurs, until the entire Initial Commission is paid in full or, if sooner, the Unit is redeemed.
Appears in 2 contracts
Samples: Selling Agent Agreement (Superfund Gold, L.P.), Selling Agent Agreement (Superfund Gold, L.P.)
Initial Commission. For up to twelve months immediately following the sale of a Unitany Units, SUSA will pay to the Additional Selling Agent a sales commission (the “Initial Commission”) equal to the Annual Percentage set forth in Paragraph 2 below. A pro rata portion of the Initial Commission will be paid to the Additional Selling Agent on a monthly basis (i.e., one twelfth of the Initial Commission per month), commencing no later than the 20th calendar day of the month following the month in which a an applicable purchase of a Unit Units occurs, until the entire Initial Commission is paid in full or, if sooner, the Unit is redeemedfull.
Appears in 2 contracts
Samples: Selling Agent Agreement (Superfund Green, L.P.), Additional Selling Agent Agreement (Quadriga Superfund)
Initial Commission. For up to twelve months immediately following the sale of a Unit, SUSA XXX will pay to the Additional Selling Agent a sales commission (the “Initial Commission”) equal to the Annual Percentage set forth in Paragraph 2 below. A pro rata portion of the Initial Commission will be paid to the Additional Selling Agent on a monthly basis (i.e., one twelfth of the Initial Commission per month), commencing no later than the 20th calendar day of the month following the month in which a purchase of a Unit occurs, until the entire Initial Commission is paid in full or, if sooner, the Unit is redeemed.
Appears in 1 contract
Initial Commission. For up to twelve months immediately following the sale of a Unitany Units through Additional Selling Agents, SUSA SXX will pay to the Additional Intermediary Selling Agent a sales commission (the “Initial Commission”) equal to the Annual Percentage set forth in Paragraph 2 below. A pro rata portion of the Initial Commission will be paid to the Additional Intermediary Selling Agent on a monthly basis (i.e., one twelfth of the Initial Commission per month), commencing no later than the 20th calendar day of the month following the month in which a an applicable purchase of a Unit Units occurs, until the entire Initial Commission is paid in full or, if sooner, the Unit is redeemedfull.
Appears in 1 contract
Samples: Intermediary Selling Agent Agreement (Quadriga Superfund)
Initial Commission. For up to twelve months immediately following the sale of a Unitany Units through Additional Selling Agents, SUSA will pay to the Additional Intermediary Selling Agent a sales commission (the “Initial Commission”) equal to the Annual Percentage set forth in Paragraph 2 below. A pro rata portion of the Initial Commission will be paid to the Additional Intermediary Selling Agent on a monthly basis (i.e., one twelfth of the Initial Commission per month), commencing no later than the 20th calendar day of the month following the month in which a an applicable purchase of a Unit Units occurs, until the entire Initial Commission is paid in full or, if sooner, the Unit is redeemedfull.
Appears in 1 contract
Samples: Intermediary Selling Agent Agreement (Quadriga Superfund)