Common use of PAYMENTS BY YOU Clause in Contracts

PAYMENTS BY YOU. 3.1 unless otherwise agreed in writing between us, you will pay to us either: 3.1.1 unless the Lot is sold by us (in which case paragraph 3.1.2 applies), the Consignment Fee (which will be payable on demand). The Consignment Fee will be calculated according to the following scale of charges: If you withdraw the lot after the catalogue is sent to press or published on the internet - the consignment fee will be calculated at 20% plus VAT of the reserve or lower estimate. If paragraph 7.6 applies (excessive Reserve placed on the Lot by you), the Consignment Fee will be calculated at 20% of the Reserve placed by you; 3.1.2 if the Lot is sold by us, on such Sale, Commission calculated in accordance with the charges listed on the Contract Form;

Appears in 9 contracts

Samples: Agency Agreement, Agency Agreement, Agency Agreement

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PAYMENTS BY YOU. 3.1 unless otherwise agreed in writing between us, you will pay to us either: 3.1.1 unless the Lot is sold by us (in which case paragraph 3.1.2 applies), the Consignment Fee (which will be payable on demand). The Consignment Fee will be calculated according to the following scale of charges: If you withdraw the lot after the catalogue is sent to press or published on the internet - the consignment fee will be calculated at 20% plus VAT of the reserve or lower estimate. If paragraph 7.6 applies (excessive Reserve placed on the Lot by you), the Consignment Fee will be calculated at 20% of the Reserve placed by you; 3.1.2 if the Lot is sold by us, on such Sale, Commission calculated in accordance with the charges listed on the Contract Form;the

Appears in 2 contracts

Samples: Agency Agreement, Agency Agreement

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