Derived Income definition

Derived Income means any funds in addition to the Allocated Funds received by the Service Provider that are directly associated with an arise from the provision of the Services including (but not limited to) rent, fees, client recoveries and interest. For the avoidance of doubt the Parties agree that Derived Income does not include monies received as a result of donations, fund raising or bequests;
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Examples of Derived Income in a sentence

  • If appropriate, we may receive a fee, brokerage and Market Derived Income.

  • Our remuneration for the services we provide you will be either brokerage, which is a percentage of the insurance premium paid by you and allowed to us by the insurer with whom your insurance contract is placed; a fee as agreed with you, and/or Market Derived Income as more fully explained in the addendum to this document.

  • WTW’s remuneration for the services provided to the Client will be one or more of: brokerage, which is a percentage of the insurance premium paid by the Client and allowed to WTW by the insurer; a fee agreed with the Client; and/or Market Derived Income as more fully explained in the linked addendum to this document.

  • If appropriate, and with your consent, we may receive a fee, brokerage and Market Derived Income.

  • Our remuneration for the services we provide you will be either brokerage, which is a percentage of the insurance premium paid by you and allowed to us by the insurer with whom your insurance contract is placed, a fee as agreed with you, and/or Market Derived Income as more fully explained in the addendum to this document.

  • If appropriate, , we may receive a fee, brokerage and Market Derived Income.

  • Our remuneration for the services we provide you will be either brokerage, which is a percentage of the insurance premium paid by you and allowed to us by the insurer with whom your insurance contract is placed: a fee as agreed with you, and/or Market Derived Income as more fully explained in the addendum to this document.

  • Our remuneration Our remuneration for the services we provide you will be either brokerage, which is a percentage of the insurance premium paid by you and allowed to us by the insurer with whom your insurance contract is placed, a fee as agreed with you and/or Market Derived Income (as more fully explained in the addendum to this document).

  • Remuneration The Group receives for administering such arrangement (also known as“Facility”) is described in the Market Derived Income addendum.

  • Our remuneration for the services we provide you will be either brokerage, which is a percentage of the (re)insurance premium paid by you and allowed to us by the (re)insurer with whom your (re)insurance contract is placed, or a fee as agreed with you and/or Market Derived Income as more fully explained in the addendum to this document.