COMMISSIONS PAYABLE Sample Clauses
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COMMISSIONS PAYABLE a. Commissions payable in connection with the Contracts shall be paid to Associated Insurance Agency according to the Commission Schedule(s) relating to this Agreement in effect at the time of receipt by Allstate Life of the payment or transaction request on which such commissions are based. If available, a Commission Option(s) may: (1) be elected by BD and Associated Insurance Agency on behalf of all of its Representatives or Agents or (2) may be elected by each Representative or Agent at the time of Application. Any election made and applied to a Contract may not be changed and will be in effect for the life of the Contract. Allstate Life and ADLLC reserve the right to revise the Commission Schedule(s) for new business at any time upon at least thirty (30) days prior written notice to BD and Associated Insurance Agency.
b. Compensation to the Representatives or Agents for Contracts solicited by the Representatives or Agents and issued by Allstate Life will be governed by agreements between BD or the Associated Insurance Agency and their respective Representatives or Agents and payment thereof will be the BD's or Associated Insurance Agency's sole responsibility.
COMMISSIONS PAYABLE. The commission on any security product or service offered by Equity Sales shall be based on meeting certain minimum production requirements. These requirements will be determined and communicated annually. Those agents who meet the minimum requirement will receive fifty percent (50%) of the net concession for that specific product or service. Those agents who do not meet the minimum shall receive forty percent (40%) of the net concession for that specific product or service.
COMMISSIONS PAYABLE. Subject to the provisions of Paragraph 4.3 below, ▇▇▇▇▇ Industries shall pay to Buyer a commission of five percent (5.00%) of the net invoice value (exclusive of freight and transportation costs, trade discounts, and sales and other taxes) of all shipments of the product commonly known as "Black Tile, " Stock No. FXA 3624 ("Black Tile") from ▇▇▇▇▇ Industries' San Jose, California facility to Unified Defense, L.P. to the extent such shipments are made and invoices are rendered during the three-year period commencing on the date hereof and expiring on the three-year anniversary hereof ("Commission Period") . All commissions payable to Buyer shall be due and payable reasonably promptly upon ▇▇▇▇▇ Industries' receipt of payment from Unified Defense, L.P.
COMMISSIONS PAYABLE. As a consideration for the Services, Representative shall be paid:
(a) 10% of Net Collected Sales of Nail Products or of Skin Products sold under trademarks other than the no!no! Trademarks; and
(b) 50% of Net Collected Sales of Skin Products, if sold under any of the no!no! Trademarks.
COMMISSIONS PAYABLE. Subject to the provisions of sub-clause 5.2, the Principal must pay the Agent Commissions to the value of the Services performed under the Agreement in accordance with the Schedule of Rates, as certified by the Principal, less any overpayment in Commissions or any other payment made to the Agent as advised in writing to the Agent by the Principal.
COMMISSIONS PAYABLE. Subject to the provisions of sub-clause 2.2, the Director General must pay the Agent Commissions to the value of the Services performed under the Agreement in accordance with the Schedule of Service Fees as set out in Schedule 2, as certified by the Director General, less any overpayment in Commissions or any other payment made to the Agent as advised in writing to the Agent by the Director General.
COMMISSIONS PAYABLE. Commissions payable in connection with the Contracts shall be paid to BD according to the Commission Schedule(s) relating to this Agreement as they may be amended from time to time and in effect at the time the purchase payment on the Contracts (the "Contract Payments") are received by UILIC. MAP reserves the right to: revise the Commission Schedules at any time upon at least thirty (30) days prior written notice to BD; and offset future compensation payable to BD against any compensation duly owing to UILIC, MAP, or MAPI by BD. Compensation to the BD's Representatives for Contracts solicited by the Representatives and issued by UILIC will be governed by agreement between BD and its Representatives and its payment will be the BD's sole responsibility. In those states where express assignment of commissions is required, BD hereby assigns its representatives' commission to its affiliated insurance agency for those states. BD will not pay any compensation to an agent licensed pursuant to this Agreement until such agent is authorized to receive such compensation under applicable state laws.
COMMISSIONS PAYABLE. A. We will pay you commissions for insurance policies written under the terms of this Agreement based on the Commission Schedule in effect at the time such business is written for each Insurance Company and for each line of business written. The current rates are set forth in the Schedule of Commission attached to and forming a part of this Agreement.
B. We reserve the right to unilaterally change the Commission Schedule at any time during the term of this Agreement. MBIA will notify Producer in writing of any such revisions. If we continue to offer renewals after termination of this Agreement, you will be paid in accordance with the commission structure in force at the time that each policy is renewed.
C. We agree to pay you commissions on all direct billed business set forth in each respective Insurance Company’s statement within thirty (30) days of receipt by MBIA. Payment of this commission will be the Producer’s sole and full compensation.
D. We may offset any commissions due you from us against any other balances owed by you to us.
E. You agree to refund any unearned commissions to us at the same rate that the commissions were paid to you.
F. On all policies not named in the Schedule of Commission attached hereto, MBIA shall determine the commission and, set up rules governing compensation to be paid.
COMMISSIONS PAYABLE. Commissions payable in connection with the contracts shall be paid to BD according to the Commission Schedule(s) relating to this Agreement as they may be amended from time to time and in effect at the time the Contract Payments are received by LBL. LBL reserves the right to revise the Commission Schedules at any time upon at least thirty (30) days prior written notice to BD. Compensation to the BD's Representatives for Contracts solicited by the Representatives and issued by LBL will be governed by agreement between BD and its Representatives and its payment will be the BD's responsibility.
COMMISSIONS PAYABLE a. Commissions payable in connection with the Contracts shall be paid to Associated Insurance Agency according to the Commission Schedule(s) relating to this Agreement in effect at the time of receipt by Allstate Life of New York of the payment or transaction request on which such commissions are based. If available, a Commission Option(s) may: (1) be elected by BD and Associated Insurance Agency on behalf of all of its Representatives or Agents or (2) may be elected by each Representative or Agent at the time of Application. Any election made and applied to a Contract may not be changed and will be in effect for the life of the Contract. Allstate Life of New York and ADLLC reserve the right to revise the Commission Schedule(s) for new business at any time upon at least thirty (30) days prior written notice to BD and Associated Insurance Agency.
b. Compensation to the Representatives or Agents for Contracts solicited by the Representatives or Agents and issued by Allstate Life of New York will be governed by agreements between BD or the Associated Insurance Agency and their respective Representatives or Agents and payment thereof will be the BD's or Associated Insurance Agency's sole responsibility.