Model A. The Agent will deduct Commission from the payment of Serviced Apartment Rates made to the Property Partner for the Reservation. The Agent will forward (if applicable) a VAT Commission receipt to the Property Partner for their records. The Agent will issue the receipt within 7 days of processing payment of the Serviced Apartment Rates.
Appears in 3 contracts
Sources: Serviced Apartment Agreement, Serviced Apartment Agreement, Recommended Agreement for the Serviced Apartment Sector