Indemnity Commission definition

Indemnity Commission means any Initial Commission paid in advance of being earned (and references to payment of Commission on an Indemnity basis shall be construed accordingly).
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Indemnity Commission any Commission consisting of or including any element of increased or advance Commission which we may pay (subject to any discount for early payment at a rate we determine from time to time in our discretion) in our absolute discretion in accordance with this Agreement and which is liable to be repaid to us and/or clawed back in accordance with this Terms.
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Indemnity Commission means Commission which is payable in a single lump sum as set out in Schedule 2 and subject to the provisions of clause 5;
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Examples of Indemnity Commission in a sentence

  • The Unearned Indemnity Commission sum is calculated upon the date of receipt of your release request.

  • Upon written request, you will be released from the liability under the terms of your Personal Guarantee on receipt of the final premium(s) of the indemnity period for the remaining policies that formulate the Unearned Indemnity Commission.

  • It will come before the Planning Commission for consideration at their April 16, 2018 meeting.

  • Payment of Indemnity Commission shall be in our absolute discretion as will be the frequency with which it is paid.

  • Indemnity Commission is payable in our discretion and in accordance with the Agreement and is subject to repayment on demand in accordance with the Agreement.

  • Group Deferred Taxation Indemnity Commission Claims Provision Total ££££Acquisitions on 2 August 2007-1,036,85830,5341,067,392Charge/(credit) to profit and loss17,874(20,117)3,2851,042account At 31 December 2007 17,874 1,016,741 33,819 1,068,434 15.

  • Where we are prepared to pay Indemnity Commission, we will (without limiting our discretion) normally do so after the time when we consider a Product is on-risk.

  • In terms of its scope and mandate, the ERC thus goes beyond what the former Indemnity Commission was empowered to do.

  • Upon written request, you will be released from the liability under the terms of your Personal Guarantee on receipt of the final premium(s) of the indemnity period for the remaining policies that formulate the Unearned Indemnity Commission.

  • Initial commission on the Society’s Income Assured Enhanced contract is paid on the following terms: Indemnity Indemnity Commission terms with initial commission paid as a lump sum at the beginning of the three year initial earnings period.


More Definitions of Indemnity Commission

Indemnity Commission means an advanced payment of Service Commission by LifeQuote to the Intermediary which has not been earned at the date of payment, taking into account the Indemnity Period in respect of a particular Product;
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Indemnity Commission means an immediate advance of the full initial Commission discounted at 1% per month compound due to be earned over the initial period as set out in the relevant Policy and quotation.
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Related to Indemnity Commission

  • City Commission means the legislative body of the City of Miami.

  • 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.

  • State Energy Commission means The State Energy Commission of Western Australia as described in section 7 of the State Energy Commission Xxx 0000;

  • 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.

  • Interstate commission means the Interstate Commission for Juveniles created by Article III of this compact.

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

  • Tax Commission means the Oklahoma Tax Commission;

  • State Commission means any state regulatory agency having jurisdiction over retail electricity sales in any State in the PJM Region.

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

  • Federal Energy Regulatory Commission or "FERC" means the

  • Ceding Commission means [REDACTED]. ]

  • Civil Service Commission means the commission required under Section 5 of Article XI of the Michigan Constitution of 1963.

  • Planning Commission means the Planning Commission of the City.

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

  • Governmental Bar Date means the date established pursuant to the Bar Date Order by which Proofs of Claim of Governmental Units must be Filed.

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

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

  • Energy Market Opportunity Cost means the difference between (a) the forecasted cost to operate a specific generating unit when the unit only has a limited number of available run hours due to limitations imposed on the unit by Applicable Laws and Regulations, and (b) the forecasted future Locational Marginal Price at which the generating unit could run while not violating such limitations. Energy Market Opportunity Cost therefore is the value associated with a specific generating unit’s lost opportunity to produce energy during a higher valued period of time occurring within the same compliance period, which compliance period is determined by the applicable regulatory authority and is reflected in the rules set forth in PJM Manual 15.

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

  • Public utilities means those utilities defined in sections 4905.02, 4905.03, 4907.02, and 4907.03 of the Revised Code; in the case of a foreign corporation, it means those utilities defined as public utilities by the laws of its domicile; and in the case of any other foreign issuer, it means those utilities defined as public utilities by the laws of the situs of its principal place of business. The term always includes railroads whether or not they are so defined as public utilities.

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

  • Public Service Commission means the Public Service Commission constituted under this Constitution;

  • 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.

  • Public Utilities Act means the Illinois Public Utilities Act, 220 ILCS 5.

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

  • Revenue Commissioners means the Revenue Commissioners of Ireland;