Agent’s Compensation definition

Agent’s Compensation has the meaning ascribed thereto in Section 10;
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Agent’s Compensation. Annual Administration Fee: $3,000 Accouont Acceptance & Set-up $500 - One-Time Fee Out-of-Pocket Expenses: 6% of the amount of the Annual Administration Fee (i.e. $180 ) Mutual Fund Transaction: 15 Basis Points (Calculated on the average Principal balance of the Fund) Telephone Number(s) for Call-Backs and Person(s) Designated to Confirm Funds Transfer Instructions ----------------------------------------------------------- If to Issuer: Name Telephone Number ---- ----------------
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Agent’s Compensation means, collectively, the Agent's Fee, the Agent's Warrants and the Agent's Corporate Finance Fee;
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Examples of Agent’s Compensation in a sentence

  • The amount of proceeds to be delivered to the Company on a Settlement Date against receipt of the Placement Shares sold (the “Net Proceeds”) will be equal to the aggregate sales price received by the Agent, after deduction for (i) the Agent’s Compensation for such sales payable by the Company pursuant to Section 2 hereof, and (ii) any transaction fees imposed by any governmental or self-regulatory organization in respect of such sales.

  • The amount of proceeds to be delivered to the Company on a Settlement Date against receipt of the Placement Shares sold (the “Net Proceeds”) will be equal to the aggregate sales price received by the Designated Agent, after deduction for (i) the Designated Agent’s Compensation for such sales payable by the Company pursuant to Section 2 hereof, and (ii) any transaction fees imposed by any governmental or self-regulatory organization in respect of such sales.

  • Agent’s Compensation – This section provides the standard fees that will be provided to the agent for their services.

  • The relative benefits received by the Company on the one hand and the Placement Agent on the other shall be deemed to be in the same proportion as the total net proceeds from the Offering (before deducting expenses) received by the Company bear to the total Placement Agent’s Compensation received by the Placement Agent.

  • In the event of any such termination by the Company, the Placement Agent shall not be entitled to any amounts whatsoever except (i) any Agent’s Compensation earned through the Termination Date, provided there has been a Closing and (ii) as may be due under any indemnity or contribution obligation provided herein or any other Transaction Document, at law or otherwise.

  • Each Agent’s Compensation Warrant entitles the holder thereof to purchase one Unit at the issue price of the Offering at any time prior to the date that is 24 months from the Closing Date.

  • The relative benefits received by the Company on the one hand and the respective Agent on the other shall be deemed to be in the same proportion as the total net proceeds from the Offering (before deducting expenses) received by the Company bear to the total respective Placement Agent’s Compensation received by the Placement Agent.

  • Each Agent’s Compensation Option will entitle the holder to acquire one common share of the Company at the Offering Price for 24 months from Closing.

  • Because of the first equation in (2.22) we may, from now on, consider only the functions Ch1,h2 (x) with h2 ≤ h1.For the following it will be useful to expand Ch1,h2 (x) in a power series.

  • Agent’s Compensation Warrants”), representing (i) 6% of the aggregate number of Units sold pursuant to the Offering, other than Units sold to members of the President’s List, and (ii) 3% of the aggregate number of Units sold to members of the President’s List.


More Definitions of Agent’s Compensation

Agent’s Compensation. The Agent’s Warrants shall be exercisable, at any time and from time to time for period of 5 years after the date of issuance. The Agent’s Warrants shall contain an immediate cashless exercise provision and shall contain the same anti-dilution provisions as are included in the Warrants.
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Agent’s Compensation means the cash commission payable to the Agents pursuant to the Agency Agreement, equal to 7.0% (or 3.5% in the case of subscribers identified as "president's list" purchasers in the Agency Agreement) of the gross proceeds of the Offering;
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Agent’s Compensation. The x.xxxx �iii be compensated for its s:ervices for providing management services described under this agreement, a.ricl the ManageJT1ehfPfail. Fees WiHbe paid monthly from.the general operatfog account and tfeated as. a project operation and maintenance expense. The Manaiement Fee cornpensaticm \.Viii be paid per occupied revenue procliidiris unit.per nionih )ri accordance with Management Agent Ceri:ificaiion and HB 2-3560, attachment 3-F. The Management Fee will include the bundle of services as li�xxx in this agreement and the managemertt plan· arid will not exceed the fee as approved annually on the project budget. .
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Agent’s Compensation. The management fee and leasing commission rates for Agent shall be based on the schedule attached hereto, marked Exhibit "B". ------------------------------------------------------------------------------ ARTICLE V ------------------------------------------------------------------------------
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Related to Agent’s Compensation

  • Creditable compensation means the full compensation payable annually to an employee working

  • Cash Compensation means any discount, concession, fee, service fee, commission, sales charge, loan, override, or cash benefit received by a producer in connection with the recommendation or sale of an annuity from an insurer, intermediary, or directly from the consumer.

  • 415 Compensation means:

  • Basic Compensation means Salary and Benefits.

  • Final compensation of a member means:

  • Special compensation means payment to an adult foster care facility to ensure the provision of a specialized program in addition to the basic payment for adult foster care. Special compensation does not include payment received directly from the Medicaid program for personal care services for a resident, or payment received under the supplemental security income program.

  • Eligible Compensation means (i) for eligible exempt employees, such employee’s base salary at the time the Bonus or Spot Bonus is determined (prorated for time in an eligible position), and (ii) for eligible non-exempt and non-union hourly employees, such employees’ eligible wages for the applicable year as determined by the Company to be required by law.

  • Bonus Compensation shall have the meaning set forth in Section 3(b).

  • Annual Cash Compensation means the sum of (I) the Employee's highest Base Salary (i.e., one year's salary at its highest rate), plus (II) the "Applicable Average Bonus" as defined in subparagraph 5(a)(i)(B) above.

  • Requisition Compensation includes all compensation or other moneys payable by reason of any act or event such as is referred to in paragraph (b) of the definition of “Total Loss”;

  • Base Compensation means the amount equal to the sum of (i) the greater of Executive’s then-current Annual Base Salary or Executive’s Annual Base Salary as of the date one day prior to the Change in Control, and (ii) the Average Incentive Bonus.

  • Compensation Payment means a payment, whether in monetary form or in the form of a benefit or service, by or on behalf of an insurer to a complainant to compensate the complainant for a proven or estimated financial loss incurred as a result of the insurer’s contravention, non-compliance, action, failure to act, or unfair treatment forming the basis of the complaint, where the insurer accepts liability for having caused the loss concerned, but excludes any –

  • Earnable compensation means the full rate of the

  • Gross compensation means every form of remuneration payable for a given period to an individual for services provided including salaries, commissions, vacation pay, severance pay, bonuses, and any board, rent, housing, lodging, payments in kind, and any similar benefit received from the individual's employer.

  • Final Average Compensation means the aggregate amount of a member's compensation earned within the averaging period in which the aggregate amount of compensation was highest divided by the member's number of years, including any fraction of a year, of credited service during the averaging period. The averaging period shall be 36 consecutive calendar months if the member contributes to the member investment plan except for a member who contributes to the member investment plan and first became a member on or after July 1, 2010; otherwise, the averaging period shall be 60 consecutive calendar months. A member who contributes to the member investment plan and first became a member on or after July 1, 2010 shall also have an averaging period of 60 consecutive calendar months. If the member has less than 1 year of credited service in the averaging period, the number of consecutive calendar months in the averaging period shall be increased to the lowest number of consecutive calendar months that contains 1 year of credited service.

  • Base Pay means Executive’s annual base salary rate as in effect from time to time.

  • Includible Compensation means an Employee’s actual wages in box 1 of Form W-2 for a year for services to the Employer, but subject to a maximum of $245,000 (or such higher maximum as may apply under section 401(a)(17) of the Code) and increased (up to the dollar maximum) by any compensation reduction election under section 125, 132(f), 401(k), 403(b), or 457(b) of the Code (including any Elective Deferral under the Plan). Beginning in 2009 and thereafter, such term also includes any “differential pay” that may be received from the Employer while performing qualified military service under section 414(u) of the Code. The amount of Includible Compensation is determined without regard to any community property laws.

  • Highest Average Compensation means the average Compensation for the three (3) consecutive years of Service with the Employer that produces the highest average. A Year of Service with the Employer is the twelve (12) consecutive month period identical to the Plan Year.

  • Section 415 Compensation shall be a Participant's remuneration as defined in Income Tax Regulations Sections 1.415-2(d)(2), (3) and (6). For purposes of this Section, effective for Plan Years commencing after December 31, 1997, Section 415 Compensation shall include (A) any elective deferral (as defined in Section 402(g)(3) of the Code, and (B) any amount which is contributed or deferred by the Employer at the election of the Employee and which is not includable in the gross income of the Employee by reason of Section 125 or 457 of the Code.

  • Non-cash compensation means any form of compensation that is not cash compensation, including, but not limited to, health insurance, office rent, office support and retirement benefits.

  • Eligible Earnings means the Grantee's base salary (prior to any deferrals under a cash or deferred compensation plan sponsored by the Corporation or an Affiliate) paid during the Plan Year. From time to time the Plan Administrator may, in its sole discretion, establish rules for determining the amounts of Eligible Earnings for employees who become Grantees other than on the first day of a Plan Year as well as any reduction of Eligible Earnings as a result of paid leave of absences.

  • Excess Compensation means Compensation in excess of the following Integration Level: (Choose (1) or (2))

  • Reasonable compensation means, with respect to a regularly employed officer or employee of any person, compensation that is consistent with the normal compensation for such officer or employee for work that is not furnished to, not funded by, or not furnished in cooperation with the Federal Government.

  • Compensation Limit means the compensation limit of Section 401(a)(17) of the Code, as adjusted under Section 401(a)(17)(B) of the Code for increases in the cost of living.

  • Recoverable Incentive Compensation means Incentive Compensation received by a Covered Officer during the Lookback Period that exceeds the amount of Incentive Compensation that would have been received had such amount been determined based on the Accounting Restatement, computed without regard to any taxes paid (i.e., on a gross basis without regard to tax withholdings and other deductions). For any compensation plans or programs that take into account Incentive Compensation, the amount of Recoverable Incentive Compensation for purposes of this Policy shall include, without limitation, the amount contributed to any notional account based on Recoverable Incentive Compensation and any earnings to date on that notional amount. For any Incentive Compensation that is based on stock price or TSR, where the Recoverable Incentive Compensation is not subject to mathematical recalculation directly from the information in an Accounting Restatement, the Administrator will determine the amount of Recoverable Incentive Compensation based on a reasonable estimate of the effect of the Accounting Restatement on the stock price or TSR upon which the Incentive Compensation was received. The Company shall maintain documentation of the determination of that reasonable estimate and provide such documentation to the Exchange in accordance with the Listing Standards.

  • Annual Compensation means the wages paid to the member during covered employment within the meaning of Section 3401(a) of the Internal Revenue Code, but determined without regard to any rules that limit the remuneration included in wages based upon the nature or location of employment or services performed during the plan year plus amounts excluded under Section 414(h)(2) of the Internal Revenue Code and less reimbursements or other expense allowances, cash, or noncash fringe benefits or both, deferred compensation, and welfare benefits. Annual compensation for determining benefits during any determination period may not exceed the maximum compensation allowed as adjusted for cost of living in accordance with §5-10D-7 of this code and Section 401(a)(17) of the Internal Revenue Code.