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Common use of Commission Calculation Clause in Contracts

Commission Calculation. Commissions shall be calculated only on premium ---------------------- actually received and accepted by SECURITY LIFE. Commissions shall be paid only on an earned basis.

Appears in 3 contracts

Sources: Broker Dealer Supervisory and Selling Agreement (Security Life Separate Account L1), Broker Dealer Supervisory and Selling Agreement (Security Life Separate Account L1), Broker Dealer Supervisory and Selling Agreement (Security Life Separate Account A1)

Related Clauses

  • Payment Calculation
  • Subsequent Recalculation
  • RDO Schedule/ Working Day Calendar
  • Certain Calculations
  • Interest Calculation

Parent Clauses

  • EXECUTION IN COUNTERPARTS
  • Obligations Resulting From Termination of Restated Sales Agreement
  • Spinesource Post Termination Commission
  • Payment of Commission
  • ADDENDUM TO CONTRACT

Sub-Clauses

  • Accounting periods
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