PAYMENT AND COMMISSIONS Sample Clauses

PAYMENT AND COMMISSIONS a) FGI agrees to pay FWW a commission for services rendered under this Agreement. The commission rate shall be set forth in Exhibit B for the Products which FWW services for FGI as specified in the Section 1 of this Agreement. This rate will be reviewed and/or revised by FGI and FWW annually. b) All commissions shall be computed on the basis of the "FOB" of the sales (“FOB Sales”) in USD, defined as the quantity sold at the accepted order price, including charges for freight, shipping, taxes, insurance, and minus the application of any prompt payment discounts, other discounts, returns, cost of display, store set up, return freight, and other allowances or bad debts. c) FGI shall not be liable to FWW for any commission upon FOB sales that are lost or delayed for any cause. d) It is agreed by the Parties that FWW shall provide the Product pricing and once confirmed by FGI, that price will be fixed and agreed between FGI and FWW unless a price revision is recognized and confirmed by FGI in writing. FGI shall remit payment to FWW for commission earned within fourteen (14) calendar days after FGI receives the Products. e) FWW shall agree that FGI may deduct payment from its service commission to FWW for any quantity shortage, shipment delay, or incorrect packaging of merchandise until any dispute is resolved. f) In the event that FGI disputes the amount of any commission owed to FWW, FGI shall remit payment to FWW for the undisputed portion of the commission owed to FWW and provide written notice to FWW that it disputes the amount of the commission owed to FWW and the reason for such dispute ("Commission Dispute Notice"). The Parties agree that upon FWW’s receipt of a Commission Dispute Notice, that both Parties shall negotiate in good faith regarding the disputed commission and that FGI shall not be obligated to pay the disputed portion of any commission, or any interest thereon, unless and until FGI and FWW mutually agree to the proper amount of the commission owed by FGI to FWW subject to any agreed-upon adjustments. g) With respect to any special/custom products which may demand more work for FWW in the ordinary course of business (“Specialty Products”), FWW and FGI agree to a negotiate a different commission rate which shall be applied to the Specialty Products without affecting any Products specified under this Agreement. For the avoidance of doubt, written approval by FWW and FGI shall be required to such effectuate any change in commission for Specialt...
Sample 1Sample 2
AutoNDA by SimpleDocs
PAYMENT AND COMMISSIONS a) Talent commission is 60% of Gross Assignment Fees. Agency commission is 30% of the Gross Assignment fee, Mother Agency commission is 10% of Talents Gross Assignment Fees. b) The monetary consideration payable to the Talent & Mother Agency commission/royalty is subject to deductions on of taxes and other expenses. c) The monetary consideration to the Talent shall be paid by the agency as mutually agreed.
Sample 1Sample 2
PAYMENT AND COMMISSIONS. 1. IDT agrees to pay AGENT six and one half (6.5%) percent of all revenues collected by IDT that is generated by users of the SOURCECODED version of the SOFTWARE who receive the BUNDLED PRODUCT and utilize the SOFTWARE contained within the BUNDLED
Sample 1
PAYMENT AND COMMISSIONS. For the duration of this agreement, unless otherwise agreed in writing between parties the Agent shall receive from the SEFS a commission of (Addendum) of the value of the transactions effected by the Agent for the Ecocash services. The Agent shall be entitled at its sole discretion, to charge any Customer a service fee for the use of The Agent’s services provided that such service fees shall not exceed the prescribed fees by SEFS for provision of the services. The Agent shall, when requested by The SEFS to do so, advise the SEFS of the extent of the fees charged to the Customers. SEFS shall issue the Agent with a monthly invoice for all the required amounts for the transactions for the month including the commission due to him. The payment due to the Agent shall be made within 30 (thirty) days of the day on which the Agent issues the invoice, in the format as prescribed by the SEFS with the supporting documentation as required by the SEFS in writing, if any. If either Party fails to pay any amount due by it under this Agreement within the periods, the other Party shall be entitled to charge and receive interest from such Party at the standard prime overdraft rate, as certified by any manager of the Standard Lesotho Bank (whose authority and appointment it shall not be necessary to prove), calculated from the date payment was due until the date of actual payment in full. Should there be a dispute on any amount referred to in 7.3, the undisputed amount has to be paid immediately and only the disputed amount can be retained until resolution. Following resolution of a payment dispute, amounts payable can be charged interest at the standard prime overdraft rate, as certified by the Standard Bank of Lesotho (whose authority and appointment it shall not be necessary to prove), calculated from the date of dispute until the date of actual payment. SEFS reserves the right to vary, amend or change commissions within reason by giving at least Two (2) month’s notice to the Agent of its intention to do so. SEFS shall only review its commissions once in twelve months. SEFS shall notify the Agent in through any communication media not limited to (SMS, Posters in ETL Retail Shops and ELT website) of any such review and the Agent shall be entitled either to adhere to such variation or to terminate this Agreement upon 90 (ninety) days’ written notice to the SEFS.
Sample 1
PAYMENT AND COMMISSIONS. Upon the sale of any item Presented Item, Consignor will receive a Commission (as hereinafter defined). The Commission will be equal to the Net Sales Price (as hereinafter defined) multiplied by the applicable Commission Rate (as hereinafter defined). The Commission shall be Consignor’s sole compensation under this Agreement as to any Presented Item.
Sample 1

Related to PAYMENT AND COMMISSIONS

  • Fees and Commissions The fees and commissions that apply to your account are set out in the information box and disclosure statement. You agree to pay the fees and commissions and authorize us to charge them to your account. We reserve the right to change the circumstances in which any of the fees or commissions on your account is charged and the amount of those fees or commissions. You agree that we may impose additional fees and commissions at any time. We will provide notice of any changes or additional fees and commissions if required by applicable law and in accordance with the “Changes” section of this agreement.

  • Brokers' Fees and Commissions Neither the Purchaser nor any of its officers, partners, employees or agents has employed any investment banker, broker, or finder in connection with the transactions contemplated by the Primary Documents.

  • Brokerage Fees and Commissions The Seller has not incurred any obligation or entered into any agreement for any investment banking, brokerage, or finder's fee or commission in respect of the transactions contemplated by this Agreement for which Buyer or the Company will incur any liability.

  • Payment of Commissions Payments of selling commissions and any other fees due to the Dealer pursuant to this Agreement will be made by the Dealer Manager to the Dealer. Selling commissions and such other fees and expense reimbursements due to the Dealer pursuant to this Agreement will be paid to the Dealer within 30 days after their receipt by the Dealer Manager. The Dealer, in its sole discretion, may authorize the Dealer Manager to deposit selling commissions and any other fees or payments due to it pursuant to this Agreement directly to its bank account. If the Dealer so elects, the Dealer shall provide such deposit authorization and instructions in Schedule 2 to this Agreement.

  • Leasing Commissions On or before the Closing Date, Seller shall pay in full all leasing commissions due to leasing or other agents for the current remaining term of the Lease (determined without regard to any unexercised termination or cancellation right).

  • Excess Brokerage Commissions The Adviser is hereby authorized, to the fullest extent now or hereafter permitted by law, to cause the Corporation to pay a member of a national securities exchange, broker or dealer an amount of commission for effecting a securities transaction in excess of the amount of commission another member of such exchange, broker or dealer would have charged for effecting that transaction, if the Adviser determines in good faith, taking into account such factors as price (including the applicable brokerage commission or dealer spread), size of order, difficulty of execution, and operational facilities of the firm and the firm’s risk and skill in positioning blocks of securities, that such amount of commission is reasonable in relation to the value of the brokerage and/or research services provided by such member, broker or dealer, viewed in terms of either that particular transaction or its overall responsibilities with respect to the Corporation’s portfolio, and constitutes the best net results for the Corporation.

  • Payment and Fees 3.1 In consideration for the Token, Royalty Rights and Creator Related Rights, First Acquirer hereby agrees to pay to the Seller the price set out under the Special Terms (“Fee”). Without limiting any of the foregoing, the valid execution of this Agreement, grant of rights stated herein, and the delivery of the Token, is conditioned upon (i) First Acquirer’s payment and Seller’s receipt of the entire Fee in the Escrow Account, and (ii) providing a compatible network wallet address in the manner as set out on the Website, as to where the Token will be delivered. The Seller shall retain the amount specified in the Special Terms as agency Fees.

  • Payment of Commission 7 (1) The Company may exercise the power to make payments by way of brokerage or commission conferred by the Law in the manner provided by the Law. 7 (2) Payments by way of brokerage or commission may be satisfied by the payment of cash and, after the Establishment Period, by the allotment of fully or partly paid shares, or partly by the payment of cash and partly by the allotment of fully or partly paid shares.

  • No Commissions Neither the Company nor any of its Subsidiaries is a party to any contract, agreement or understanding with any person (other than as contemplated by this Agreement or any Terms Agreement) that would give rise to a valid claim against the Company or any of its Subsidiaries or the Agent for a brokerage commission, finder’s fee or like payment in connection with the offering and sale of the Shares.

  • LC and Fronting Fees Borrower agrees to pay (i) to the Administrative Agent for the account of each Revolving Lender a participation fee (“LC Participation Fee”) with respect to its participations in Letters of Credit, which shall accrue at a rate equal to the Applicable Margin from time to time used to determine the interest rate on Eurodollar Revolving Loans pursuant to Section 2.06 on the average daily amount of such Lender’s LC Exposure (excluding any portion thereof attributable to Reimbursement Obligations) during the period from and including the Closing Date to but excluding the later of the date on which such Lender’s Revolving Commitment terminates and the date on which such Lender ceases to have any LC Exposure, and (ii) to the Issuing Bank a fronting fee (“Fronting Fee”), which shall accrue at the rate of 0.25% per annum on the average daily amount of the LC Exposure (excluding any portion thereof attributable to Reimbursement Obligations) during the period from and including the Closing Date to but excluding the later of the date of termination of the Revolving Commitments and the date on which there ceases to be any LC Exposure, as well as the Issuing Bank’s customary fees with respect to the issuance, amendment, renewal or extension of any Letter of Credit or processing of drawings thereunder. Accrued LC Participation Fees and Fronting Fees shall be payable in arrears (i) on the last Business Day of March, June, September and December of each year, commencing on the first such date to occur after the Closing Date, and (ii) on the date on which the Revolving Commitments terminate. Any such fees accruing after the date on which the Revolving Commitments terminate shall be payable on demand. Any other fees payable to the Issuing Bank pursuant to this paragraph shall be payable within 10 days after demand therefor. All LC Participation Fees and Fronting Fees shall be computed on the basis of a year of 360 days and shall be payable for the actual number of days elapsed (including the first day but excluding the last day).

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!