Examples of Residual Commission in a sentence
Second, HSG argues that the Debtors are judicially estopped from arguing that the November Letter terminated the Residual Commission obligation.
Therefore, in accordance with the Court’s order on April 27, 2004, denying administrative claim status for the Residual Commissions owed to HSG, the Court finds that all Residual Commissions that HSG was entitled to receive up to and including Thursday, November 24, 2002, constitute general unsecured claims.Furthermore, HSG argues that under the theory of judicial estoppel, the Debtors are prohibited from arguing that the November Letter terminated the Residual Commission obligation.
The Debtors argue that, under the terms of the Representation Agreement, they are not liable to HSG for the payment of any Residual Commission that may have accrued after HSG received the November Letter, which notified HSG that the solicitation of Customers to change service providers was a violation of section 8.1 of the Representation Agreement.
The Monthly Residual Commission pay period begins on the first day of each month at 12:00:00 Eastern Standard Time and ends on the last day of each month at 11:59:59 PM (Midnight) EST (See Fig.
The employment agreement provided that, if the employee breached this provision, the employer would “be entitled to terminate [the employer’s] obligation to make payments of Residual Commission that have not yet been paid” to the employee.
Specifically, for July through October 2014, Defendant paid Vested former employees “estimated OnePoint commissions based on pre-July 2014 average monthly OnePoint Residual Commission payments.” (Def.
If and when Tommi has 40 of his own active customers, Tommi will be eligible to be paid for each active customer enrolled by his downline at Level 3 and Level 4 at the CA or Non-CA States Monthly Residual Commissions for so long as he maintains the minimum number of active customers at each level.The Monthly Residual Commission is payable onthe 2nd Friday following the close of each monthly activity period, which occurs on the last calendar day of each month, at 11:59PM.
Residential & Small Commercial Bands Commercial Bands • Residential, Small Commercial and Commercial Customers enrolled through the Free Energy Club program will pay 25% of the Residual Commission amount specified in the tables above.
Sometimes the agreement also does not provide for any arrangement for payment of Residual Commission or continuance of Renewal commission to the IMF after its exit from the tie-up.
No. However, pursuant to paragraph 16.11(2)(d) of the Main LR, Bursa Securities shall de- list a listed issuer where a winding up order has been made against the listed issuer itself.