Assumed Commissions definition

Assumed Commissions is defined in Section 9.3(b) of the Agreement.
Sample 1
Assumed Commissions has the meaning set forth in Section 2.7.
Sample 1
Assumed Commissions has the meaning set forth in Section 1.3(b)(iii).
Sample 1

Examples of Assumed Commissions in a sentence

  • Buyer, during the Term of the Management Agreement, may pay, cause to be paid, satisfy or otherwise resolve the Assumed Commissions and to the extent any Assumed Commissions are paid, caused to be paid, satisfied or otherwise resolved, Buyer shall receive a credit towards the Section 3.1(a)(iii) portion of the Purchase Price on the Closing Date.

  • Except for the Assumed Commissions, any and all defaults under any Assigned Contracts existing prior to the Commencement Date will be cured by Seller prior to the Commencement Date and Seller shall pay all Cure Costs with respect thereto.

  • In the event of a Termination (i) any funds remaining in the Purchase Price Escrow Account shall be returned to Buyer within five (5) days of the Termination of this Agreement; and (ii) the amount of the Initial Payment, Installment Payments, Shortfall Advances and Assumed Commissions paid, incurred, settled, otherwise resolved by Buyer or for which Buyer is and/or remains liable shall be immediately due and payable from Seller to Buyer.

  • Employees who sign up for extra work will be called at the telephone number provided by the employee for this purpose.

  • For avoidance of doubt, any and all liabilities of Seller to its employees (other than the Assumed Commissions) shall be Excluded Liabilities.

  • That transaction will be between the departing owner and the existing owners.

  • From and after the Closing Date, the Assumed Commissions shall be a liability assumed by Buyer.


More Definitions of Assumed Commissions

Assumed Commissions means commissions payable by Buyer, pursuant to the commission arrangements described in Schedule 1.3. “Qualified Out-of-Pocket Expenses” means out-of-pocket third party expenses (i) incurred by Seller prior to the Effective Time but are not due until after the Effective Time, (ii) that relate to Seller Pipeline Loans acquired by Buyer and (iii) that are of a type that would be customarily paid through escrow.
Sample 1
Assumed Commissions means the obligations of Versyss or PCN to pay sales commissions to any sales person, sales representatives or sales agent of Versyss or PCN (whether or not such person is a Designated Employee (as defined in Section 9.3(a) above) or is offered or accepts employment with the Purchaser following the Closing) on account of any sale of the products of the Commercial Business made: (i) prior to the Closing and for which an account receivable exists and is properly recorded on the books and records of the Commercial Business on the Closing Date; or (ii) from and after the Closing.
Sample 1
Assumed Commissions means the obligations of WM or PCN to pay sales commissions to any sales person, sales representatives or sales agent of one or both of WM and PCN (whether or not such person is a Designated Employee (as defined in Section 9.3(a) above) or is offered or accepts employment with the Purchaser or Medical Manager following the Closing) on account of any sale of the products of the Sm*rt Practice Business made: (i) prior to the Closing and for which an account receivable (x) exists and is properly recorded on the books and records of the Sm*rt Practice Business on the Closing Date and (y) is collected by the Purchaser following on or following the Closing Date; or (ii) from and after the Closing.
Sample 1

Related to Assumed Commissions

  • Selling Commissions means 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 the Dealer Manager.

  • Selling Commission means three percent (3.0%) of the gross proceeds of Shares sold pursuant to this Agreement, or as otherwise agreed between the Company and the Agent with respect to any Shares sold pursuant to this Agreement.

  • Leasing Commissions means leasing commissions incurred by Borrower in connection with leasing any Mortgaged Property or any portion thereof (including renewals of existing Leases).

  • Assumed Contracts has the meaning set forth in Section 2.1(d).

  • Sales Commissions means any and all commissions payable to underwriters, dealer managers or other broker-dealers in connection with the sale of Stock, including, without limitation, commissions payable to the Dealer Manager.

  • Joint Commission means the accrediting body whose standards are referred to in these Bylaws.

  • Governmental Entities has the meaning ascribed to it in the Purchase Agreement.

  • traffic data means any data processed for the purpose of the conveyance of a communication on an electronic communications network or for the billing thereof;

  • Diocesan Schools Commission means the education service provided by the diocese, which may also be known, or referred to, as the Diocesan Education Service.

  • Commissions means the Commissions with Jurisdiction over the Issuer (as defined on page 4) and the securities commissions incorporated in the definition of this term in other parts of the Subscription Agreement;

  • Assumed Contract has the meaning set forth in Section 2.1(b)(iv).

  • Securities Commissions means the securities commission or other securities regulatory authority in each of the Qualifying Jurisdictions;

  • Third Parties means all lessees, sublessees, licensees and other users of the Properties, excluding those users of the Properties in the ordinary course of the Borrower's business and on a temporary basis.

  • Railways Commission means the Western Australian Government Railways Commission established pursuant to the Government Railways Xxx 0000;

  • Tax Commission means the Oklahoma Tax Commission;

  • Central Commission means the Central Electricity Regulatory Commission referred to in sub-section (1) of section 76 of the Act;

  • Governmental Real Property Disclosure Requirements means any Requirement of Law of any Governmental Authority requiring notification of the buyer, lessee, mortgagee, assignee or other transferee of any Real Property, facility, establishment or business, or notification, registration or filing to or with any Governmental Authority, in connection with the sale, lease, mortgage, assignment or other transfer (including any transfer of control) of any Real Property, facility, establishment or business, of the actual or threatened presence or Release in or into the Environment, or the use, disposal or handling of Hazardous Material on, at, under or near the Real Property, facility, establishment or business to be sold, leased, mortgaged, assigned or transferred.

  • EMA means the European Medicines Agency or any successor agency thereto.

  • Medicaid program means the Kansas program of medical

  • Goods and Services Tax (Compensation to States) Act means the Goods and Services Tax (Compensation to States) Act, 2017;

  • the Commission means the Charity Commission for England and Wales;

  • Housing commission means a housing commission or housing authority as defined under section 3 of the housing cooperation law, 1937 PA 293, MCL 125.603.

  • Planning Commission means the Planning Commission of the City.

  • Target housing means any housing constructed prior to 1978, except housing for the elderly or persons with disabilities (unless any one or more children age 6 years or under resides or is expected to reside in such housing for the elderly or persons with disabilities) or any 0-bedroom dwelling.

  • Local governmental entity means a county, municipality, school district, junior college district, or other political subdivision of this state or a local government corporation, board, commission, district, or authority to which a member is appointed by the commissioners court of a county, the mayor of a municipality, or the governing body of a municipality. The term does not include an association, corporation, or organization of governmental entities organized to provide to its members education, assistance, products, or services or to represent its members before the legislative, administrative, or judicial branches of the state or federal government.

  • Nuclear Regulatory Commission (NRC) means the U.S. Nuclear Regulatory Commission or its duly authorized representatives.