Common use of Introductory Commission Clause in Contracts

Introductory Commission. 2.1. The Lender may pay The Broker introductory commission in respect of the funding set out in the Finance Offer. If commission is to be paid, and the amount of commission is known to The Broker prior to acceptance of the Finance Offer, The Client will be informed that commission will be paid. 2.2. Commission paid to The Broker may vary in amount depending on the Lender or product. Where the nature of any financial arrangement, including the amount of commission or any other type of remuneration is known, in advance of The Broker promoting or recommending a particular Lender or Finance Product, this information will be disclosed to You. 2.3. The Client having acknowledged the matters set out under the Client Acknowledgment consents to The Broker receiving and retaining any commission paid.

Appears in 2 contracts

Samples: Terms of Business, Terms of Business

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Introductory Commission. 2.13.1. The You acknowledge that the Lender may pay The Broker introductory commission in respect of the funding set out in the Finance Offer. If You wish to receive further information about any such commission is to be paid(including the amount), and the amount of commission is known to The Broker prior to acceptance of the Finance Offer, The Client you will be informed that commission will be paid.let Us know in writing 2.23.2. Commission paid to The Broker may vary in amount depending on the Lender or product. Where the nature of any financial arrangement, including the amount of commission or any other type of remuneration is known, in advance of The Broker promoting or recommending a particular Lender or Finance Product, this information will be disclosed to You. 2.33.3. The Client having acknowledged the matters set out under the Client Acknowledgment consents to The Broker receiving and retaining any commission paid.

Appears in 1 contract

Samples: Terms of Business

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Introductory Commission. 2.13.1. The Lender may pay The Broker introductory commission in respect of the funding set out in the Finance Offer. If commission is to be paid, and the amount of commission is known to The Broker prior to acceptance of the Finance Offer, The Client will be informed that commission will be paid. 2.23.2. Commission paid to The Broker may vary in amount depending on the Lender or product. Where the nature of any financial arrangement, including the amount of commission or any other type of remuneration is known, in advance of The Broker promoting or recommending a particular Lender or Finance Product, this information will be disclosed to You. 2.33.3. The Client having acknowledged the matters set out under the Client Acknowledgment consents to The Broker receiving and retaining any commission paid.

Appears in 1 contract

Samples: Terms of Business

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