Net Commission Income definition

Net Commission Income means the gross commissions or fees received and/or billed by TIG as a result of the sale of insurance products or policies less commissions payable to the writing agent.
Net Commission Income means the Adjusted Gross Commission for a transaction less the Marketing

Examples of Net Commission Income in a sentence

  • The term "Net Commission Income" shall mean the gross commissions or fees received and/or billed by TIG as a result of the sale of insurance products or policies less commissions payable to the writing agent.