Commission Rejection Clause Samples

The Commission Rejection clause defines the circumstances under which a proposed commission payment may be denied or withheld. Typically, this clause outlines specific criteria or conditions that must be met for a commission to be approved, such as successful completion of a sale, client payment, or compliance with company policies. It may also detail the process for notifying the party whose commission is being rejected and any rights to appeal or dispute the decision. The core function of this clause is to provide clear guidelines for when commissions are not payable, thereby preventing misunderstandings and disputes over compensation.
Commission Rejection. In the event the Commission rejects this Settlement, the provisions of WAC 480-07-750(2)(c) will apply. In that event, the Settling Parties agree to jointly and promptly request the Commission convene a prehearing conference to address procedural matters, including a procedural schedule for resolution of the case at the earliest possible date. [Remainder of Page Intentionally Left Blank. Signature Page to Follow] DATED this 22nd day of May 2020. Respectfully submitted, ▇▇▇▇ ▇▇▇▇▇▇▇▇ Assistant Attorney General Counsel for Washington Utilities and Transportation Commission Staff ▇▇▇ ▇. ▇▇▇▇▇▇▇▇ Director, Regulatory Affairs ▇▇▇ ▇▇▇▇▇▇▇ Assistant Attorney General Public Counsel Unit [DATE] [CUSTOMER NAME] [▇▇▇▇▇▇▇ ADDRESS] Lease Equipment: [EQUIPMENT NUMBER] Service Address: [SERVICE ADDRESS] Account Number: [ACCOUNT NUMBER] Remaining Payoff Balance: $0 Dear Valued Customer, The purpose of this letter is to inform you of changes to PSE’s gas water heater rental service. Our records indicate you are currently renting a water heater from Puget Sound Energy (PSE) as identified above. If this information is incorrect, please contact Lease Services so we may update our records. As of [date], Grand HVAC Leasing (GHL) will be taking over PSE’s water heating rental service. GHL is a leader in providing residential and commercial new and replacement equipment rentals across North America. GHL will provide you the same reliable worry-free hot water you have enjoyed with PSE. Enclosed is additional information on GHL, and a comparison between PSE’s rental service and GHL’s rental service. You have a choice to continue service with GHL or end your participation in the rental service. Should you continue your rental service with GHL, we are committed to making the transition of your water heater rental to GHL as seamless as possible. This means you enjoy 100% parts and labor coverage with your GHL rentals for as long as you remain on the program. Your monthly rental rate for your current equipment will be $xx.xx for a minimum of two years with a guarantee cap on any price increase in your third year. Please review the enclosed GHL Rental Agreement for more information. As we move forward with this transition, there are a few steps that you would need to complete to ensure continued protection of your water heating service. Enroll with GHL You have two options for enrolling in GHL’s service, either online or by phone. To Enroll Online (Internet Access Required) To enroll on...
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Commission Rejection. In the event the Commission rejects this Settlement, the provisions of WAC 480-07-550(2)(a) will apply. In that event, the Settling Parties agree to jointly and promptly request the Commission convene a prehearing conference to address procedural matters, including a procedural schedule for resolution of the case at the earliest possible date. Dated this 11th day of April, 2017. ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ Attorney General ▇▇▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Assistant Attorney General Counsel for Commission Staff PUGET SOUND ENERGY, INC. ▇▇▇ ▇▇▇▇▇▇▇ Director, State Regulatory Affairs Settlement during the course of whatever proceedings and procedures the Commission determines are appropriate for approval of the Settlement.
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Commission Rejection. In the event the Commission rejects this Settlement, the provisions of WAC 480-07-550(2)(a) will apply. In that event, the Settling Parties agree to jointly and promptly request the Commission convene a prehearing conference to address procedural matters, including a procedural schedule for resolution of the case at the earliest possible date. Dated this 11th day of April, 2017. ▇▇▇▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Assistant Attorney General Counsel for Commission Staff ▇▇▇ ▇▇▇▇▇▇▇ Director, State Regulatory Affairs Exhibit A (Microsoft Special Contract) This Microsoft Special Contract (this “Special Contract”), dated as of the date upon which a Commission order approving this Special Contract has become final and no longer subject to appeal (the “Effective Date”), is made by and between Microsoft Corporation, a Washington corporation (“Microsoft”), and Puget Sound Energy, Inc., a Washington corporation (“PSE”), for Special Contract Service pursuant to the rates, terms, and conditions of this Special Contract.
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Related to Commission Rejection

  • Approval of Plans and Specifications The Plans and Specifications will conform to the requirements and conditions set out by applicable law or any effective restrictive covenant, and to all governmental authorities which exercise jurisdiction over the Leased Premises or the construction thereon.

  • Lien Searches and UCC Termination Statements Delivery to Administrative Agent of (a) the results of a recent search, by a Person satisfactory to Administrative Agent, of all effective UCC financing statements and fixture filings and all judgment and tax lien filings which may have been made with respect to any personal or mixed property of any Loan Party, together with copies of all such filings disclosed by such search, and (b) UCC termination statements duly executed by all applicable Persons for filing in all applicable jurisdictions as may be necessary to terminate any effective UCC financing statements or fixture filings disclosed in such search (other than any such financing statements or fixture filings in respect of Liens permitted to remain outstanding pursuant to the terms of this Agreement).

  • Regulation AB Compliance; Intent of Parties; Reasonableness The parties hereto acknowledge that interpretations of the requirements of Regulation AB may change over time, whether due to interpretive guidance provided by the Commission or its staff, consensus among participants in the asset-backed securities markets, advice of counsel, or otherwise, and agree to comply with requests made by the Depositor or the Master Servicer in good faith for delivery of information under these provisions on the basis of evolving interpretations of Regulation AB. In connection with the Trust, the Servicer shall cooperate fully with the Master Servicer and the Depositor to deliver to the Master Servicer and/or the Depositor (including its assignees or designees), any and all statements, reports, certifications, records and any other information available to such party and reasonably necessary in the good faith determination of the Depositor or the Master Servicer to permit the Depositor to comply with the provisions of Regulation AB, together with such disclosures relating to the Servicer reasonably believed by the Depositor or the Master Servicer to be necessary in order to effect such compliance.

  • Regulatory and Special Allocations Notwithstanding the provisions of Section 6.1: (a) If there is a net decrease in Company Minimum Gain (determined according to Treasury Regulations Section 1.704-2(d)(1)) during any Fiscal Year, each Member shall be specially allocated income and gain for such Fiscal Year (and, if necessary, subsequent Fiscal Years) in an amount equal to such Member’s share of the net decrease in Company Minimum Gain, determined in accordance with Treasury Regulations Section 1.704-2(g). The items to be so allocated shall be determined in accordance with Treasury Regulations Sections 1.704-2(f)(6) and 1.704-2(j)(2). This Section 6.2(a) is intended to comply with the “minimum gain chargeback” requirement in Treasury Regulation Section 1.704-2(f) and shall be interpreted consistently therewith. (b) Member Nonrecourse Deductions shall be allocated in the manner required by Treasury Regulations Section 1.704-2(i). Except as otherwise provided in Treasury Regulations Section 1.704-2(i)(4), if there is a net decrease in Member Nonrecourse Debt Minimum Gain during any Fiscal Year, each Member that has a share of such Member Nonrecourse Debt Minimum Gain shall be specially allocated income and gain for such Fiscal Year (and, if necessary, subsequent Fiscal Years) in an amount equal to that Member’s share of the net decrease in Member Nonrecourse Debt Minimum Gain. Items to be allocated pursuant to this paragraph shall be determined in accordance with Treasury Regulations Sections 1.704-2(i)(4) and 1.704-2(j)(2). This Section 6.2(b) is intended to comply with the “minimum gain chargeback” requirements in Treasury Regulations Section 1.704-2(i)(4) and shall be interpreted consistently therewith. (c) In the event any Member unexpectedly receives any adjustments, allocations or Distributions described in Treasury Regulations Section 1.704-1(b)(2)(ii)(d)(4), (5) or (6), income and gain shall be specially allocated to such Member in an amount and manner sufficient to eliminate the Adjusted Capital Account Deficit created by such adjustments, allocations or Distributions as quickly as possible. This Section 6.2(c) is intended to comply with the qualified income offset requirement in Treasury Regulations Section 1.704-1(b)(2)(ii)(d) and shall be interpreted consistently therewith. (d) The allocations set forth in paragraphs (a), (b) and (c) above (the “Regulatory Allocations”) are intended to comply with certain requirements of the Treasury Regulations under Code Section 704. Notwithstanding any other provisions of this Article VI (other than the Regulatory Allocations), the Regulatory Allocations shall be taken into account in allocating Net Income and Net Losses among Members so that, to the extent possible, the net amount of such allocations of Net Income and Net Losses and other items and the Regulatory Allocations to each Member shall be equal to the net amount that would have been allocated to such Member if the Regulatory Allocations had not occurred. (e) The Company and the Members acknowledge that allocations like those described in Proposed Treasury Regulation Section 1.704-1(b)(4)(xii)(c) (“Forfeiture Allocations”) result from the allocations of Net Income and Net Loss provided for in this Agreement. For the avoidance of doubt, the Company is entitled to make Forfeiture Allocations and, once required by applicable final or temporary guidance, allocations of Net Income and Net Loss shall be made in accordance with Proposed Treasury Regulation Section 1.704-1(b)(4)(xii)(c) or any successor provision or guidance.

  • Non-responsible Contractor The County may debar a Contractor if the Board of Supervisors finds, in its discretion, that the Contractor has done any of the following: (1) violated a term of a contract with the County or a nonprofit corporation created by the County, (2) committed an act or omission which negatively reflects on the Contractor’s quality, fitness or capacity to perform a contract with the County, any other public entity, or a nonprofit corporation created by the County, or engaged in a pattern or practice which negatively reflects on same, (3) committed an act or offense which indicates a lack of business integrity or business honesty, or (4) made or submitted a false claim against the County or any other public entity.