Distribution Commission definition

Distribution Commission means commission and/or fees expended by or charged by the Distributor (inclusive of any sub-distributors/sub-agents’ commission and/or fees) all to be agreed by the Producer in line with current industry standards;
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Distribution Commission means the commission that Blackhawk receives for standard distribution services relating to the Product. Distribution Commission does not include fees that Blackhawk may receive related to other services it performs e.g., management and administration of the Blackhawk Program or issuance fees.
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Examples of Distribution Commission in a sentence

  • Accordingly, NDC agrees that (i) Medscape's obligation to pay NDC Commissions during the Initial Term up to an amount equal to the NDC Commissions Credit is satisfied and discharged in full, and (ii) Medscape shall have no obligation to pay any NDC Distribution Commission to NDC during the Initial Term except and to the extent that the aggregate amount of all NDC Distribution Commissions payable to NDC during the Initial Term exceeds the amount of the NDC Commissions Credit.

  • For all Products sold by Safeway Stores, Safeway will earn [***] of the Distribution Commission applicable to each such Product as noted in the Product commission schedule delivered by Blackhawk to Safeway from time to time (the “Safeway Commission”).

  • Blackhawk shall remit to Safeway within sixty (60) days following the end of such fiscal year an amount equal to the difference between (x) the amount due and owing to Safeway under the Safeway Commission plus the Additional Distribution Commission according to the table below earned on Qualifying Products for the period and (y) the amount actually paid to Safeway as its Safeway Commission on Qualifying Products for the period.

  • The Company is organized based on the products and services offered through its three core businesses: Electronic Distribution, Commission Processing and Business Intelligence.

  • It should be noted that in January 2016 the draft Control of Financial Services (Provident Funds) (Amendment – Severing the Calculation of the Distribution Commission from Management Fees) Law, 5776-2016, was tabled in the Knesset.

  • This commission will also be paid to Institutional Investors regarding Securities they purchased to fulfill their prior undertaking (therefore, the Authorized Delegates to receive proposals will not be entitled to Distribution Commission for the said units purchased by the Institutional Investors to fulfill their prior undertaking).

  • This Agreement shall take effect as of the Effective Date and shall remain in effect until the later of the twentieth (20th) anniversary of the Effective Date, provided, that if any BIS-Screen Product with respect to which a Transfer Price or Distribution Commission is payable is then being sold, and the Distribution Term has not otherwise expired, then this Agreement shall remain in effect until the expiration of the Distribution Term.

Related to Distribution Commission

  • Election Commission means the Election Commission appointed by the President under article 324;

  • Planning Commission means the City’s Planning Commission.

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

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

  • Tax Commission means the Oklahoma Tax Commission;

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

  • Distribution Statement has the meaning set forth in Section 5.02(c) of the Trust Agreement.

  • Distributor / Distribution Company means Company(ies), Firm(s), Sole Proprietorship concern(s), individual(s), Banks or any other Financial Institution appointed by the Management Company under intimation to the Trustee for performing any or all of the Distribution Functions and who are registered with MUFAP as Registered Service Providers. The Management Company may itself also performs the Distribution Function.

  • Local Distribution Company or “LDC” means a Person licensed by the OEB as a “Distributor” in connection with a Distribution System.

  • Electric distribution company (EDC) means any electric utility subject to the jurisdiction of the Commission.

  • Distribution Plan means the plan hereafter approved by the MDL Court for the distribution of the Settlement Amount (net of any attorneys’ fees or costs that are awarded by the MDL Court) to Stanford Investors who have had their Claims allowed by the Receiver.

  • Distribution Company means a distribution company as defined in Section 1 of Chapter 164 of the Massachusetts General Laws.3

  • Selling Commission means three percent (3%) 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.

  • Profit Distribution Date means the date on which the Management Company decides to distribute the profits (if any).

  • Benefit Distribution Date means the date upon which all or an objectively determinable portion of a Participant’s vested benefits will become eligible for distribution. Except as otherwise provided in the Plan, a Participant’s Benefit Distribution Date shall be determined based on the earliest to occur of an event or scheduled date set forth in Articles 4 through 9, as applicable.

  • Distribution box means a watertight component that receives effluent from a septic tank or other treatment unit and distributes effluent via gravity in approximately equal portions to two or more distribution laterals in the soil treatment area.

  • Distribution Tariff means the Distribution Tariff prepared by the Company and approved by the Commission on an interim or final basis, as the case may be;

  • Interim Distribution Date means the date as soon as reasonably practicable after the Plan Implementation Date;

  • Income Distribution shall be calculated as set forth in subparagraph (A), below, unless the Prospectus provides for the averaging of income distributions, in which case, "Income Distribution" shall be shall be calculated as set forth in subparagraph (B), below. Accordingly, the Unitholder's "Income Distribution" shall be equal to:

  • Electric distribution system means the part of the electric system, after the transmission system, that is dedicated to delivering electric energy to an end user.

  • Distribution Reinvestment Plan means the distribution reinvestment plan of the Company approved by the Board and as set forth in the Prospectus.

  • State Information Commission means the State Information Commission constituted under sub-section (1) of section 15;

  • Commission Comments means written comments pertaining solely to Rule 415 which are received by the Company from the Commission, and a copy of which shall have been provided by the Company to the Holder, to a filed Registration Statement which limit the amount of shares which may be included therein to a number of shares which is less than such amount sought to be included thereon as filed with the Commission.

  • Distribute in Commerce or “Distribution in Commerce” means to sell in commerce, to import, to introduce or deliver for introduction into commerce, or to hold for sale or distribution after introduction into commerce;

  • Distribution Commencement Date means the Issue Date or such other date as may be specified as the Distribution Commencement Date on the face of such Perpetual Security;

  • Distribution Licensee means a licensee authorised to operate and maintain a distribution system for supplying electricity to the consumers in his area of supply;