Merchant Commission Clause Samples
The Merchant Commission clause defines the percentage or amount of sales revenue that a merchant must pay to a platform, service provider, or intermediary for facilitating transactions. Typically, this clause outlines how the commission is calculated—such as a fixed rate per sale or a percentage of the transaction value—and specifies the timing and method of payment. Its core practical function is to ensure both parties clearly understand the financial terms of their relationship, thereby preventing disputes over compensation and establishing a transparent framework for revenue sharing.
Merchant Commission as advised by us in writing from time to time;
Merchant Commission. RATE (MCR)
12.1 For the purpose of calculating the Merchant commission rate, the amount would be the aggregate amount of the bill including taxes, tips, shipping charges, etc.
12.2 If any extra credit is given by the Merchant to the cardholder without prior approval of Camirel, the Merchant shall do so at its own risk and responsibility, and Camirel shall not be held liable for such decision and the Merchant hereby agrees to at all times indemnify Camirel against such decisions.
12.3 All applicable tax whether currently in force or introduced after the date of this Agreement and any other taxes, duties, fees and charges arising out of the performance of this Agreement shall be borne by the Merchant.
Merchant Commission. RATE (MCR)
11.1 For the purpose of calculating the Merchant commission rate, the amount would be the aggregate amount of the bill including taxes, tips, shipping charges, etc.
11.2 If any extra credit is given by the Merchant to the cardholder without prior approval of Arronax, the Merchant shall do so at its own risk and responsibility, and Arronax shall not be held liable for such decision and doth hereby agree to at all times indemnify Arronax against such decisions.
11.3 All applicable tax whether currently in force or introduced after the date of this Agreement and any other taxes, duties, fees and charges arising out of the performance of this Agreement shall be borne by the Merchant.
Merchant Commission. RATE (MCR)