Commissionable Sales definition

Commissionable Sales means sales of computer hardware, software and related technology products offered for sale by the Company which are made to the “Agent Customer” and (iii) “Gross Profits” on Commissionable Sales for any Calendar month shall mean all amounts invoiced by the Company during such month on account of Commissionable Sales made by AGENT less the sum of (a) any direct or indirect costs incurred by the Company in connection with such sales (including, without limitation, the cost of goods sold and any related shipping and handling charges), (b) any sales returns, allowances or discounts with respect to Commissionable Sales (whether such Commissionable Sales were made during that month or any prior month), and (c) any taxes, duties or other fees payable by the Company with respect to Commissionable Sales (whether such Commissionable Sales were made during that month or any prior month. In the event that: (i) the Company is unable, for any reason, to collect all or any portion of the amount invoiced on account of any Commissionable Sale, (ii) the Company deems it advisable in its sole and absolute discretion to retrain from collecting all or any portion of the amount invoiced on account of any Commissionable Sale, (iii) the Company believes in its sole and absolute discretion that all or any portion of an amount invoiced on account of any Commissionable Sale may be uncollectable or otherwise credited or returned to the Commissionable Customer, or (iv) the Company for any reason returns or otherwise credits to the Commissionable Customer all or any portion of an amount invoiced on account of any Commissionable Sale, and, with respect to any such invoiced amounts set forth in clause (i) through (v) above, the, AGENT was previously paid a Commission, then, at the Company’s election, the Company may either set off the Commission paid on account of any such Commissionable Sales against future Commissions earned hereunder or the AGENT shall promptly repay the Commission paid on account of any such Commissionable Sales to the Company; it being expressly understood and agreed that in no event shall AGENT’S liability to Company for uncollected receivables, returns or credits exceed the Commission actually paid by Company to AGENT in respect of the affected sale.

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Commissionable Sales means sales of pulverizing equipment for power generating utilities and any other business generated by the Clothiers (as defined in such Commission Sales Agreement) from assets that constitute both Assets (as defined) in the Agreement and constitute Acquired Assets under such Commission Sales Agreement.

Commissionable Sales means the total sales which the Purchaser uses to calculate commissions to its distributors.

Examples of Commissionable Sales in a sentence

Representative shall provide to COMPANY copies of all Customer’s purchase orders and invoices in respect of Commissionable Sales of Products made by the Representative.
Commissionable Sales: ITH agrees to pay Independent Contractor seventy (70%) of the earned commission, when the majority of the booking/pricing/invoicing/ticketing and securing customer payment work entailed in the booking has been performed by Independent Contractor, for the sale of airline tickets and other travel accommodations sold by Independent Contractor, and accepted by ITH, for sales that have been reported and paid over to ITH for processing.
Except as provided herein, Commissions shall be paid by [***] reflecting the Commissionable Sales, provided that COMPANY receives the full payment for Products each month according to the Section 7 herein.
Commissionable Sales Value is the commissionable value of Products purchased from the Company.
If the Company places Products on backorder, the Commissionable Sales Value of those Products will be included in Bonus and Brand Representative Qualification calculations in the month the Products are shipped.
For purposes hereof, "Commissionable Sales" shall mean sales of pulverizing equipment for power generating utilities and any other business generated by the Clothiers (as defined in such Commission Sales Agreement) from assets that constitute both Assets (as defined) in the Agreement and constitute Acquired Assets under such Commission Sales Agreement.
Corporation will pay Commission on Commissionable Sales to the Consultant on the fifteenth (15th) day of each month following receipt of amounts due on Commissionable Sales.
Commissionable Sales are reduced for all returns upon which Variable Bonus have been previously paid.
Except as provided herein, Commissions shall be paid by the 28th day of the month in which COMPANY receives the POS Report provided by Representative reflecting the Commissionable Sales, provided that COMPANY receives the full payment for Products each month according to the Section 7 herein.
Commissionable Sales Value is equal to the wholesale price of a product or service minus any taxes, FSP payments, and Personal Sales Volume discounts (ARO, Web, etc).

More Definitions of Commissionable Sales

Commissionable Sales is defined as all recognized revenue (in compliance with generally accepted accounting principles) generated through the Bookstore(s) or the Bookstore(s) website, less voids, refunds, sales tax, campus debit card fees, discounted sales to authorized School faculty, staff, departments and others as may be mutually agreed to under this Agreement, Contractor-funded scholarships, handling fees associated with non-return of rental textbooks, pass-through income and merchandise sales at less than an inherent 20% margin (i.e., computer hardware and software).

Commissionable Sales means Gross Sales billed to third parties less freight charges, returns, allowances (including terms allowances) and adjustments.