Common use of Installation Commission Clause in Contracts

Installation Commission. During the Term, XM agrees to pay Distributor an Installation commission as set forth below (the "Installation Commission"). Distributor shall invoice XM (on a mutually agreed upon form) at the end of each calendar month for Installation Commissions earned during such month (i) New Enabled GM Vehicle", XM agrees to pay Distributor a commission of [ ] dollars ($[ ]) for each New Enabled GM Vehicle. Each invoice shall include the Vehicle Identification Number ("VIN") of each GM Vehicle for which an Installation Commission is payable, the XM Receiver identification number for each such GM Vehicle and any other information reasonably necessary to compute the Installation Commission. (ii) The invoice shall be due and payable within thirty (30) days following receipt by XM. Distributor shall not invoice XM for an Installation Commission covered in section (i) before the Vehicle Ship Date.

Appears in 1 contract

Sources: Distribution Agreement (Xm Satellite Radio Inc)

Installation Commission. During the Term, XM agrees to pay Distributor an Installation commission as set forth below (the "Installation Commission"). Distributor shall invoice XM (on a mutually agreed upon form) at the end of each calendar month for Installation Commissions earned during such month (i) New Enabled GM Vehicle", XM agrees to pay Distributor a commission of [ [***] dollars ($[ ]) for each New Enabled GM Vehicle. Each invoice shall include the Vehicle Identification Number ("VIN") of each GM Vehicle for which an Installation Commission is payable, the XM Receiver identification number for each such GM Vehicle and any other information reasonably necessary to compute the Installation Commission. (ii) The invoice shall be due and payable within thirty (30) days following receipt by XM. Distributor shall not invoice XM for an Installation Commission covered in section (i) before the Vehicle Ship Date.

Appears in 1 contract

Sources: Distribution Agreement (Xm Satellite Radio Inc)