Assignment of Commissions definition

Assignment of Commissions means, with respect to Commission Rights, an assignment executed by the Company, any of its Subsidiaries or any of their respective Affiliates, as the case may be, Buyer or its Affiliates and the related Insurance Company, in a form reasonably acceptable to Buyer (unless otherwise provided).
Sample 1
Assignment of Commissions means, with respect to Commission Rights, an assignment executed by Seller or any of its Affiliates, as the case may be, Buyer or its Affiliates and the related Insurance Company, in a form acceptable to Buyer (unless otherwise provided), including an assignment of all agreements between an Insurance Company, on one hand, and a Producer, on the other hand, that is necessary or advisable to ensure that the Buyer continues to have the same Commission Rights with respect to the Business as operated by it following the Closing as the Seller enjoyed prior to the Closing and that Producers continue to have the same relationship to the Business following the Closing as they had prior to the Closing.
Sample 1

Examples of Assignment of Commissions in a sentence

  • The task force plans include several other sections including but not limited to assignments, agent/broker of record changes, fees, incentives and bonuses, rebating, and agent debt and recovery.We will begin our Best Practices Section with the information established regarding Assignment of Commissions.

  • If the name on the checking account differs from the name on your insurance license, an Assignment of Commissions form is required.Note: If not on direct deposit, you will only receive a commission check once a month.

  • An Acknowledgment of Assignment of Commissions in the form of Exhibit "I" executed by Alpha Micro.

  • An Assignment of Commissions is an instrument through which a person or entity who, by agreement, is to receive commissions the Assignor) assigns his right to receive commissions to another entity or person (the Assignee).

  • Should a request for commissions by sub-producers be paid directly to the Producer, an Assignment of Commissions form must be completed, notarized, and submitted.

  • New Request Change RequestThe EFT information provided will be applied to all agent codes but will not cancel or change any Assignment of Commissions currently in place.First NameMiddle InitialLast NameDate of Birth (mm/dd/yy)/ /Social Security Number / Tax Identification NumberContact Telephone NumberStreet AddressEmail AddressCityStateZip INSTRUCTIONS This form is used to request direct deposit of your commissions into your bank account.

  • As contemplated by the terms of the Promissory Note, Buyer shall also execute an Assignment of Commissions in the form of Exhibit "H" pursuant to which Buyer shall assign to Seller all amounts to which it would be otherwise entitled as commissions from Alpha Micro, to be applied against the amounts due under the Promissory Note and as earnout pursuant to Paragraph (c) below.

  • You may assign your right to receive commissions under this Agreement, but only with the Company's prior written consent, which the Company may give in its sole discretion and only by submitting the appropriate Assignment of Commissions form.

  • Please complete and send this form ONLY if you are choosing Assignment of Commissions to a Business Entity.Assignment of CommissionsBy signing this form, I certify that my title is current, accurate, and that I am authorized to act on behalf of the entity listed below.

  • Initial Request for Setup Change Existing Account Assignment of Commissions Form has been completed and submitted.

Related to Assignment of Commissions

  • Assignment of Agreements means that certain Assignment of Agreements, Licenses, Permits and Contracts, dated as of the date hereof, from Borrower, as assignor, to Lender, as assignee.

  • Assignment of Contracts shall have the meaning provided in Section 5.07.

  • Assignment of Claims Act means the Assignment of Claims Act of 1940 (41 U.S.C. Section 15, 31 U.S.C. Section 3737, and 31 U.S.C. Section 3727), including all amendments thereto and regulations promulgated thereunder.

  • Assignment Agreements The following Assignment, Assumption and Recognition Agreements, each dated as of March 29, 2006, whereby certain Servicing Agreements solely with respect to the related Mortgage Loans were assigned to the Depositor for the benefit of the Certificateholders:

  • Assignment of Proprietary Lease With respect to a Cooperative Loan, the assignment of the related Cooperative Lease from the Mortgagor to the originator of the Cooperative Loan.

  • Patent Assignment Agreement means the Patent Assignment Agreement attached hereto as Exhibit G.

  • Assignment of Leases With respect to any Mortgaged Property, any assignment of leases, rents and profits or similar agreement executed by the Mortgagor, assigning to the mortgagee all of the income, rents and profits derived from the ownership, operation, leasing or disposition of all or a portion of such Mortgaged Property, in the form which was duly executed, acknowledged and delivered, as amended, modified, renewed or extended through the date hereof and from time to time hereafter.

  • Assignment / job means the work to be performed by the Consultant pursuant to the Contract.

  • Lease Assignments means the assignments of real property leases and subleases by and between a member of the Nuance Group, as assignor, and a member of the SpinCo Group, as assignee, in each case as set forth on Schedule XII under the caption “Lease Assignments.”

  • Patent Assignment each patent collateral assignment agreement pursuant to which an Obligor assigns to Agent, for the benefit of Secured Parties, such Obligor’s interests in its patents, as security for the Obligations.

  • Trademark Assignment Agreement has the meaning set forth in Section 2.01.

  • Government agreement has the meaning given in the Government Agreements Xxx 0000 (WA);

  • Trademark Assignment shall have the meaning specified in Section 3.2(c).

  • Assignment of Recognition Agreement With respect to a Cooperative Loan, an assignment of the Recognition Agreement sufficient under the laws of the jurisdiction wherein the related Cooperative Unit is located to reflect the assignment of such Recognition Agreement.

  • Additional Xxxx of Sale means each document, in the form of Attachment D hereto, executed by an authorized officer of VL Funding, the VL Funding Eligible Lender Trustee on behalf of VL Funding, Funding and the Interim Eligible Lender Trustee on behalf of Funding which shall: (i) set forth the list and certain terms of (a) Additional Loans offered by VL Funding and the VL Funding Eligible Lender Trustee on behalf of VL Funding and accepted for purchase by the Interim Eligible Lender Trustee for the benefit of Funding, including the Additional Loans Purchase Price for the Additional Loans being sold thereunder or (b) Substituted Loans substituted by VL Funding and (ii) sell, assign and convey to Funding and the Interim Eligible Lender Trustee, for the benefit of Funding, and their assignees, all right, title and interest of VL Funding and of the VL Funding Eligible Lender Trustee on behalf of VL Funding in the Additional Loans or Substituted Loans, as applicable, listed on the related Additional Xxxx of Sale and (iii) certify that the representations and warranties made by VL Funding and the VL Funding Eligible Lender Trustee on behalf of VL Funding pursuant to Sections 5(A) and (B) of these Master Terms, by the Servicer as set forth in Section 5(C) and by the Interim Eligible Lender Trustee as set forth in Section 5(D) are true and correct.

  • Intellectual Property Security Agreement Supplement means, collectively, any intellectual property security agreement supplement entered into in connection with, and pursuant to the terms of, any Intellectual Property Security Agreement.

  • List of Approved Contractors means a list developed by each Transmission Owner and published in a PJM Manual of (a) contractors that the Transmission Owner considers to be qualified to install or construct new facilities and/or upgrades or modifications to existing facilities on the Transmission Owner’s system, provided that such contractors may include, but need not be limited to, contractors that, in addition to providing construction services, also provide design and/or other construction-related services, and (b) manufacturers or vendors of major transmission-related equipment (e.g., high-voltage transformers, transmission line, circuit breakers) whose products the Transmission Owner considers acceptable for installation and use on its system.

  • IP Assignment Agreement has the meaning set forth in Section 3.2(a)(iii).

  • Covered Government support contractor means a contractor (other than a litigation support contractor covered by 252.204-7014) under a contract, the primary purpose of which is to furnish independent and impartial advice or technical assistance directly to the Government in support of the Government’s management and oversight of a program or effort (rather than to directly furnish an end item or service to accomplish a program or effort), provided that the contractor—

  • Assignment of Management Agreement means the Assignment of Management Agreement and Subordination of Management Fees, dated the same date as this Loan Agreement, among Borrower, Lender and Property Manager, including all schedules, riders, allonges and addenda, as such Assignment of Management Agreement may be amended from time to time, and any future Assignment of Management Agreement and Subordination of Management Fees executed in accordance with Section 6.09(d).

  • Lease Assignment has the meaning set forth in Section 3.5(d).

  • Intellectual Property Security Agreements has the meaning specified in the Security Agreement.

  • Assignment of Lease means the Assignment of Lease to be executed by the Seller at the Closing with respect to each parcel of Leased Real Property listed on Section 3.16(b) of the Disclosure Schedule, in a form to be mutually agreed by the Seller and the Purchaser.

  • Trademark Security Agreements means the Trademark Security Agreements made in favor of Agent, on behalf of itself and Lenders, by each applicable Credit Party.

  • Commercial Agreements means all or any Agreement or Agreements with any third party including but not limited to broadcasting, media, sponsorship, marketing, merchandising, licensing and advertising, for the general promotion of each or any of the Clubs in the Competition and the Company, and which have the object of promoting the welfare and general commercial interest and increasing the financial resources of each of the Clubs, the Company and the Competition.

  • Assignment of Leases and Rents means the Assignment of Leases and Rents, executed by Borrower for the benefit of Lender, and pertaining to leases of space in the Project.