RATE OF COMMISSION Sample Clauses

RATE OF COMMISSION. In the event that Principal(s) enter(s) into a Transaction with an Introduced Party, Principal(s) shall pay to the Agent a fee of ten percent (10%) of the payments received pursuant to the agreement between Principal(s) and an Introduced Party. The payments shall run with the underlying use or sale or lease agreement or assignment unless the underlying sale, lease or assignment is terminated for non-use or failure to market where a market exists. Such compensation shall be paid within thirty (30) days following receipt thereof by Principal(s) and Agent shall be provided with annual accountings. Agent at its option may elect to receive any payment directly from the Introduced Party in which case, Agent shall receive an annual accounting from the Introduced Party directly. All payments due and payable hereunder shall be made at the addresses hereinabove set forth unless Agent has otherwise notified Principal(s) in writing of a different address for payment.
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RATE OF COMMISSION. The Borrower shall be liable to pay commission (collectively “Commission”) to the Bank on various Non-Fund Based Facilities including letters of credit, bank guarantees, etc. at the rate specified in the Facility Letter or Schedule hereto or as maybe intimated by the Bank in writing from time to time to the Borrower and the Borrower shall not dispute the same. If no rate of commission is specified in the Facility Letter, the Borrower shall be liable to pay commission at the Bank’s Card Rates (Standard Rates) as in force from time to time which the Borrower shall be obligated to check with Bank and such rates shall be final and binding on the Borrower.
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RATE OF COMMISSION. In the event that Principals enters into a Transaction with an Introduced Party, Principals shall pay to the Agent a fee of one percent (1%) of the gross contract value or of the total payments received pursuant to the agreement between Principals and an Introduced Party at the Principals standard profit structure. If the Principal is required to reduce its standard profit structure in order to secure a contract, then the Principals shall advise the Agent (in writing) of the reduction percentage and the Agent shall (at his sole option) decide if he will agree to reduce his commission pro-rata to the actual profit margin reduction calculated by the Principals from the gross contract value or of the total payments received. The payments shall run with the underlying use or sale or lease agreement unless the underlying sale or lease is terminated prior to the delivery or installation of the Products. Such compensation shall be paid within fifteen (15) days following receipt thereof by Principals and Agent shall be provided with annual accountings. If the Agent (at its option) elects to receive any payment directly from the Introduced Party, then the Agent shall receive an annual accounting from the Introduced Party directly. All payments due and payable hereunder shall be made at the addresses hereinabove set forth unless Agent has otherwise notified Principals in writing of a different address for payment.
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RATE OF COMMISSION. The current effective Commission Rate payable to Agent shall be fifteen (l5%) percent.
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RATE OF COMMISSION. The Borrower shall be liable to pay to the Bank commission on various non-funded facilities including letters of credit, bank guarantees, etc. at the rate specified in the Individual Facility Sanction Letter and the same shall be payable on the Facilities at the rates agreed to between the Bank and the Borrower as mentioned in Schedule II hereto or as maybe intimated by the Bank in writing from time to time and the Borrower shall not dispute the same. If no rate of commission is specified in the Individual Facility Sanction Letter, the Borrower shall be liable to pay commission at the Bank’s Card Rates (Standard Rates) as in force from time to time.
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RATE OF COMMISSION. The Borrower shall be liable to pay to the Bank commission on various facilities at the rate (if any) specified in the Sanction Letter or Individual Facility Sanction Letter and the same shall be payable on the Facilities at the rates agreed to between the Bank and the Borrower or as maybe intimated by the Bank in writing from time to time and the Borrower shall not dispute the same ..
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RATE OF COMMISSION. An Advertising Sales Representative will be paid a commission of 1.0% of total monthly revenue unless he/she reaches or exceeds the revenue goal established for the employee in Section 11(G)(2) above. If the Advertising Sales Representative reaches or exceeds the revenue goal, he/she will be paid a commission of 2% of total monthly revenue. In addition, the Advertising Sales Representative will be paid an additional commission of 10% of all revenue dollars in excess of the goal.
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RATE OF COMMISSION. The Commission has been agreed to HKDIO.OO on every bottle sale of Rocitin.
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Related to RATE OF COMMISSION

  • Rate of Compensation In lieu of direct compensation for all overtime, shift work and standby (as defined in Articles 16, 17 and 18 of this Agreement), regular full-time employees shall receive a special compensation of 7% of their basic salary earned for each calendar year. This special compensation shall not be considered part of the employee's basic salary for the purpose of calculating any benefits or other premium entitlements.

  • 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.

  • 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.

  • Rate of Pay a. An Employee who is employed as a teacher teaching on call shall be paid 1/189 of his/her category classification and experience, to a maximum of the rate at Category 5 Step 7, for each full day worked. b. Effective July 1, 2016, an Employee who is employed as a teacher teaching on call shall be paid 1/189 of his/her category classification and experience, to a maximum of the rate at Category 5 Step 8, for each full day worked.

  • Wage Rate The hourly rates for full-time junior and adult apprentices as set out in this agreement shall apply to school based apprentices except that the school based apprentice for pay purposes will be paid a further 25% of hours to the actual hours worked for off the job training.

  • Wage Rates Contractor shall post a copy of the wage rates at the job site and shall pay the adopted prevailing wage rates as a minimum. Pursuant to the provisions of Section 1773 of the Labor Code of the State of California, the Board of Supervisors has obtained the general prevailing rate of per diem wages and the general prevailing rate for holiday and overtime work in this locality for each craft, classification, or type of xxxxxxx needed to execute this Contract from the Director of the Department of Industrial Relations. These rates are on file with the Clerk of the Board of Supervisors. Copies may be obtained at cost at the office of County's OC Public Works/OC Facilities & Asset Management/A&E Project Management or visit the website of the Department of Industrial Relations, Prevailing Wage Unit at xxx.xxx.xx.xxx/XXXX/XXX. The Contractor shall comply with the provisions of Sections 1774, 1775, 1776 and 1813 of the Labor Code.

  • Rate of Accrual All full-time employees shall be credited with five (5) hours of paid sick leave per pay period.

  • Rate of Payment Community service leave for voluntary community service is granted with pay for the first three days leave in a twelve month period to all employees except casual employees.

  • GDPR SAP and Customer agree that it is each party’s responsibility to review and adopt requirements imposed on Controllers and Processors by the General Data Protection Regulation 2016/679 (“GDPR”), in particular with regards to Articles 28 and 32 to 36 of the GDPR, if and to the extent applicable to Personal Data of Customer/Controllers that is processed under the DPA. For illustration purposes, Appendix 3 lists the relevant GDPR requirements and the corresponding sections in this DPA.

  • Rate of Pay on Promotion 44.3.1 When an employee is appointed by the Council to a higher classification level in the same group, he shall be paid at the nearest rate in the new classification level which gives the employee a salary increase not less than the minimum increment of the higher classification level to which he is being appointed by the Council. If there is no such rate the employee shall be paid the maximum rate in his new scale. 44.3.2 Where an employee who is being paid Acting Pay is promoted to the position for which the employee is receiving Acting Pay, he shall be paid in that position at the rate at which the employee was being paid Acting Pay and the employee's first pay increment in that position shall become due on the date on which it would have become due as if the employee had been promoted to that position on the date on which he was most recently authorized to receive Acting Pay in that position.

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