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 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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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").

  • In addition, no such changes shall affect the period for which Residual Commissions are payable.

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

  • Sales Agent is not entitled to the payment of any Commissions that was not already earned on the termination date (other than Monthly Residual Commissions payable after the Termination of this Agreement with respect to sales occurring prior to Termination of this Agreement).

  • Distributor will continue to receive Residual Commissions from a Card sold until the Card becomes expired or dormant.

  • 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.

  • 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.

  • Payment of the above referenced Residual Commissions is subject to the requirement that AGENT must have annual net growth in AGENT-originated CRS Subscribers who are active and in good standing on CELLULAR ONE's cellular radio system.

  • 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.

  • Residual Commissions will be paid within forty-five (45) days after the end of each calendar month or at such other periodic interval as CELLULAR ONE may establish from time to time.


More Definitions of Residual Commissions

Residual Commissions has the meaning attributed to it in Schedule "A-1";
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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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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 the securities commission or other securities regulatory authority in each of the Qualifying Jurisdictions;

  • Tax Commission means the Oklahoma Tax Commission;

  • 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.

  • Joint Commission means a joint commission consisting of repre­ sentatives of Iran and of China, France, Germany, the Russian Federation, the United Kingdom and the United States with the High Representative of the Union for Foreign Affairs and Security Policy (‘High Representative’), that will be established to monitor the implementation of the Joint Comprehensive Plan of Action of 14 July 2015 (‘JCPOA’) and will carry out the functions provided for in the JCPOA, in accordance with point ix of the JCPOA's ‘Preamble and General Provisions’ and Annex IV to the JCPOA.