Residual Commissions Sample Clauses

The Residual Commissions clause defines the ongoing payments that a party, typically a sales agent or representative, is entitled to receive for sales or accounts they originated, even after their direct involvement ends. In practice, this clause specifies the percentage or amount of commission, the duration for which these payments will continue, and any conditions that must be met, such as the client remaining active or payments being received. Its core function is to ensure that individuals or entities are fairly compensated for the long-term value they bring to a business, addressing potential disputes over post-termination earnings and incentivizing sustained performance.
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Residual Commissions. You also may receive residual commission payments from sales that you initiated, but that were completed after your employment was terminated, in cases where the customer paid for and completed the course without having received a full or partial refund of the sales amount. Residual commissions are paid as soon as possible after it is determined that the sale has remained in effect, upon completion of each of the two summer teaching sessions: approximately August 1, 2017 and September 1, 2017. Residual commissions are paid at the base, re-enrollment, or re-pitch commission rate in effect at the time of the employee’s termination from the Enrollment Coordinator position. Any bonus commission rate in effect at the time of the employee’s termination from the Enrollment Coordinator position will not apply to residual commissions.
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Residual Commissions. Section 4(e) and Schedule 4 of the Sales Agent Agreement, relating to residuals, shall be deleted in their entirety. Notwithstanding any other provision of the Sales Agent Agreement, AirTouch shall have no further obligation to make any payments of residual commissions to Agent with respect to sales or activations occurring after the Effective Date of this Amendment, and AirTouch is satisfying its obligation to pay residual commissions with respect to sales or activations prior to the Effective Date of this Amendment pursuant to a Settlement Agreement of even date herewith.
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Residual Commissions. 5.1.1 CALCULATION. (MATERIAL DENOTED *** HAS BEEN SEPARATELY FILED WITH THE COMMISSION PURSUANT TO AN APPLICATION FOR CONFIDENTIALITY)
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Residual Commissions. Upon any termination of this Agreement for Cause, no further commissions shall be earned by Representative nor paid by LookSmart. Upon any termination of this Agreement by either party other than for Cause, or any expiration of this Agreement, Representative will continue to earn commissions hereunder for three (3) months after such termination.
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Residual Commissions. Residual commissions are the future commissions earned by The Company as a result of a Customer entering into a new term agreement or continuing to utilize The Company’s month- by-month basis through a contract or a recurring commission received from ancillary products/services sold. IC will receive residual commissions as set forth in the Agreements, as defined in the IC Application and Agreement, including but not limited to this Commission Addendum.
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Residual Commissions. After the end of the term of this Agreement, -------------------- CSI shall continue to pay to Distributor commissions equal to ___ percent of Distributor's Collected Revenues received by CSI, with respect to telephone services provided during the term of this Agreement. Once CSI has paid commission equal to ___ percent of Distributor's Collected Revenues received by CSI, Distributor shall have no right to receive, and C. S. International shall have no obligation to pay, any additional commissions. CSI's obligation to pay commissions in accordance with this Section 3.2 shall survive termination of this Agreement, unless CSI terminates this Agreement because of a default by Distributor, as provided in Section 7.2.
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Residual Commissions. After the end of the term of this Agreement or any -------------------- Renewal Agreement, C.S. International shall continue to pay to Managing Agent commissions equal to 10 percent of the Branch Office's Collected Revenues received by C.S. International for a period of six months after this Agreement terminates. Once C.S. International has paid commissions equal to 10 percent of the Branch Office's Collected Revenues received by C.S. International during the six-month period following termination of this Agreement, Managing Agent shall have no right to receive, and C.S. International shall have no obligation to pay, any additional commissions. C.S. International's obligation to pay commissions in accordance with this section 3.2 shall survive termination of this Agreement, unless C.S. International terminates this Agreement because of a default by Managing Agent or the Branch Office, as provided below in section 7.2.
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Residual Commissions. Neither the Company nor any Company Subsidiary has any contract or agreement with any sales agent that will obligate the Company or any Company Subsidiary to pay any residual or other commission with respect to any revenue of the Company or any Company Subsidiary after the Closing.
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Related to Residual Commissions

  • 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.

  • Brokerage Commissions All brokers' commissions and other charges incident to the purchase, sale or lending of the Fund 's portfolio securities.

  • Selling Commissions Any and all commissions payable to underwriters, dealer managers or other broker-dealers in connection with the sale of Shares, including, without limitation, commissions payable to Behringer Securities LP.

  • 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.

  • Brokerage Commission Contributor has not engaged the services of, nor has it or will it or Acquirer become liable to, any real estate agent, broker, finder or any other person or entity for any brokerage or finder's fee, commission or other amount with respect to the transactions described herein on account of any action by Contributor. Contributor hereby agrees to indemnify and hold Acquirer and its employees, directors, members, partners, affiliates and agents harmless against any claims, liabilities, damages or expenses arising out of a breach of the foregoing. This indemnification shall survive Closing or any termination of this Agreement.