Intermediary Commissions Clause Samples
The Intermediary Commissions clause defines the terms under which commissions are paid to intermediaries, such as agents or brokers, involved in facilitating a transaction or agreement. It typically outlines the percentage or amount of commission, the timing and method of payment, and any conditions that must be met for the commission to be earned, such as successful completion of a sale or contract. This clause ensures that all parties understand the compensation structure for intermediaries, thereby preventing disputes and clarifying financial obligations related to third-party involvement.
Intermediary Commissions. To this date the Companies do not owe any amount to any investment bank, commission agent, or any other intermediary contracted or authorized to act in representation of any of the Sellers or of the Company regarding the operation discussed in this document, nor have they signed any contract to this effect with such consultants or intermediaries.
Intermediary Commissions. The Customer acknowledges that if it has engaged an Intermediary in relation to this Agreement, it is aware that a Commission may be payable to the Intermediary. The Customer further acknowledges that it may seek disclosure of the details of any Commission directly from the Intermediary if such details are not disclosed in bills issued by AGL under this Agreement.