Residual Commissions definition

Residual Commissions means Commissions that are calculated as a percentage of the Commissionable Revenues and payable over a specified period of time.
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Residual Commissions shall be monthly residual amounts payable to Agent for Telecom Services sold by Agent under this Agreement.
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Residual Commissions will be paid based on the plan changed to in accordance with this Schedule as at the date of change, except that if Residual Commissions' have already commenced, they will continue unchanged.
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Examples of Residual Commissions in a sentence

  • During the Commission Period, Sprint Spectrum will pay to RadioShack a residual commission of [________________] of the Net Collected PCS Fees attributable to a RadioShack PCS Customer during the term of this Agreement (the "PCS Residual Commissions").

  • Agent agrees that if it breaches this Section 3.5, (i) Agent shall forfeit its right to any bonus payable to Agent (ii) if any bonus payment was previously paid to Agent by or on behalf of NAS, Agent shall promptly pay NAS for the amount of such bonus and NAS may set-off such amount against commissions or other amounts due from NAS to Agent, and (iii) Agent shall cease to be eligible for, and NAS shall no longer pay to Agent, Residual Commissions.

  • The stock issuance above shall discharge all obligations of NMxS under the IAR Agreement, including without limitation the obligations to pay Primary Commissions (as defined in the IAR Agreement) and Residual Commissions (as defined in the IAR Agreement), for Xxxxxxxx'x activities both before and after the date of this Agreement.

  • Upon any such termination, Triangle shall not be entitled to any Residual Commissions on the Products.

  • Upfront commissions will be paid to the Approved Agent thirty (30) days after confirmed Subscriber Activation and 'Residual Commissions' shall be paid to the Approved Agent quarterly, thirty (30) days after the end of each calendar quarter.

  • In the event of termination of the Agreement for any reason, all of ExpressVu's obligations to pay "Residual Commissions" and any bonus commissions to Approved Agents shall cease immediately.

  • If the Agreement is terminated for any of the aforementioned reasons, Agent will not be entitled to any Residual Commissions.

  • No impairment charges were recorded in 2011.Accrued Residual Commissions — The Company pays commissions to ISO’s and ISA’s or to the Company’s direct sales force based on the processing volume of the merchants enrolled.

  • A complete list of the relationships, deals and/or business opportunities for which Executive will receive Residual Commissions is set forth on Exhibit B to this Agreement.

  • No impairment charges were recorded in 2012.Accrued Residual Commissions — The Company pays commissions to ISO’s and ISA’s or to the Company’s direct sales force based on the processing volume of the merchants enrolled.


More Definitions of Residual Commissions

Residual Commissions means the residual sales commissions due salespeople of HPS arising out of the sale or servicing of a Contract on behalf of HPS, as Residual Commissions are calculated and shown in the Commission Report Format, and including payroll-related expenses such as FICA, Medicare, state and federal unemployment taxes and similar taxes.
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Residual Commissions has the meaning attributed to it in Schedule "A-1";
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Related to Residual Commissions

  • 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.

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

  • 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.

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

  • Planning Commission means the City’s Planning Commission.

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

  • Securities Commission means the applicable securities commission or regulatory authority in each of the Qualifying Jurisdictions;

  • Canadian Securities Commissions means the securities regulatory authorities in each of the Qualifying Jurisdictions;

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

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

  • Ceding Commission shall have the meaning specified in Section 5.2.

  • Redevelopment Commission means the Fishers Redevelopment Commission.

  • Commission Share means each C share issued under circumstances which would normally give rise to an obligation of the holder of such share to pay a CDSC upon redemption of such share (including, without limitation, any C share issued in connection with a permitted free exchange), and any such share shall continue to be a Commission Share of the applicable Fund prior to the redemption (including a redemption in connection with a permitted free exchange) or conversion of such share, even though the obligation to pay the CDSC may have expired or conditions for waivers thereof may exist.

  • Federal Energy Regulatory Commission or "FERC" means the

  • Section 385 Controlled Partnership has the meaning set forth in Treasury Regulation Section 1.385-1(c)(1) for a “controlled partnership”.

  • Commission means the Securities and Exchange Commission.

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

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

  • Antitrust Authorities means the Antitrust Division of the United States Department of Justice, the United States Federal Trade Commission or the antitrust or competition Law authorities of any other jurisdiction (whether United States, foreign or multinational).

  • County commission means the board of county commissioners of the county.