Examples of Upfront Commission in a sentence
SEBI/HO/IMD/DF2/CIR/P/2019/42, inflows of amount up to INR 2,00,000 per transaction by individual investors shall be considered as inflows from ‘retail Investors’ Investment by corporates and institutions from B 30 cities will no more be considered for additional payout for B30 business.B.Recovery of Upfront Commission Paid (prior to October 22, 2018 ref.
The Upfront Commission payment will be paid by the Bank within two business days of settlement of the Equipment Finance Product.
Agents will receive an Upfront Commission payment calculated as 1% of the amount funded for an Equipment Finance Product unless otherwise negotiated with BOQEF on a deal by deal basis.
Bank Commission Income (Upfront) = $200,000 x 1%= $2000 (Upfront Commission)= $ 495.00 (Application Fee)= $2.,495.00 (Total) Agent’s Commission (Upfront) = $2,495.00 x 50%= $1,247.50Commission is paid in the second monthly commission payment following the settlement of the Non Conforming Loan.
The general commission payment treatment for a Partnering sale is that AD will be paid an Upfront Commission Payment equal to fifty percent (50%) of the Upfront Commission Payment which would be paid for the same sale if no Partnering took place.
Customer Discount0.05% 6(i) RETAIL LENDINGA one-off Upfront Commission payment is payable on all Retail Loans (other than Bridging Loans) submitted by the Agent.
If the customer discontinues a Product within one-hundred and eighty days after the Completed Order date, the Takeback will equal one-hundred percent (100%) of the Upfront Commission Payment.
AD will be eligible for the Upfront Commission Payment for any sale which is accepted by Ameritech prior to the date this Agreement is terminated.
The Upfront Commission Payment is subject to Takeback in the event the customer discontinues a service (for any or no reason) for which AD received commission in the past.
In the case of Insurance Upfront Commission, the Company is acting as a form of agent of the insurance company and revenue is recognised accordingly (i.e., the agency commission, rather than the policy premium value is recognised).