Common use of Payment of Fees and Commissions Clause in Contracts

Payment of Fees and Commissions. On the last Business Day of each month, or as soon thereafter as practicable, the Agent shall provide the Company with a written invoice for such month’s fees and commissions that are payable with respect to Notes issued up to the last five Business Days of such month, and Notes issued in the last five Business Days of the immediately preceding month that are, in each case, not rescinded. Such commissions and fees will be due and payable by the later of the 15th day of every month or 15 days after the date such invoice is received.

Appears in 3 contracts

Samples: Distribution and Management Agreement (Advanced Environmental Recycling Technologies Inc), Distribution and Management Agreement (Winmark Corp), Distribution and Management Agreement (Sten Corp)

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Payment of Fees and Commissions. On the last Business Day of each month, or as soon thereafter as practicable, the Agent shall provide the Company with a written invoice for such month’s 's fees and commissions that are payable with respect to Notes issued up to the last five Business Days of such month, and Notes issued in the last five Business Days of the immediately preceding month that are, in each case, not rescinded. Such commissions and fees will be due and payable by the later of the 15th fifteenth (15th) day of every month or 15 fifteen (15) days after the date such invoice is received.

Appears in 2 contracts

Samples: Distribution and Management Agreement (Zanett Inc), Distribution and Management Agreement (Consumer Portfolio Services Inc)

Payment of Fees and Commissions. On the last Business Day of each month, or as soon thereafter as practicable, the Agent shall provide the Company with a written invoice for such the previous month’s 's fees and commissions that are payable with respect to Notes issued up to through the last five Business Days of such month, and Notes issued in the last five three Business Days of the immediately preceding previous month that are, in each case, are not rescinded. Such commissions and fees will be due and payable by the later of the 15th fifteenth (15th) day of every month or 15 fifteen (15) days after the date such invoice is received. Notes issued in the last three Business Days of each month, and the fees and commissions payable with respect thereto, will be counted in the amount due to Agent for the subsequent month.

Appears in 2 contracts

Samples: Distribution and Management Agreement (Onyx Acceptance Corp), Distribution and Management Agreement (Onyx Acceptance Corp)

Payment of Fees and Commissions. On the last Business Day of each month, or as soon thereafter as practicable, the Agent shall provide the Company with a written invoice for such month’s fees and commissions that are payable with respect to Notes issued up to the last five Business Days of such month, and Notes issued in the last five Business Days of the immediately preceding month that are, in each case, not rescinded. Such commissions and fees will be due and payable by the later of the 15th fifteenth (15th) day of every month or 15 fifteen (15) days after the date such invoice is received.

Appears in 2 contracts

Samples: Distribution and Management Agreement (Performance Home Buyers LLC), Distribution and Management Agreement (Performance Home Buyers LLC)

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Payment of Fees and Commissions. On the last Business Day of each month, or as soon thereafter as practicable, the Agent shall provide the Company with a written invoice for such month’s 's fees and commissions that are payable with respect to Notes issued up to the last five Business Days of such month, and Notes issued in the last five Business Days of the immediately preceding month that are, in each case, are not rescinded. Such commissions and fees will be due and payable by the later of the 15th fifteenth (15th) day of every month or 15 fifteen (15) days after the date such invoice is received.

Appears in 1 contract

Samples: Distribution and Management Agreement (Metris Companies Inc)

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