Common use of Representative (Service) Fees Clause in Contracts

Representative (Service) Fees. 3.1 In consideration of the Representative’s performance under this Agreement which results in a Prospective Customer entering into a Qualified Sale with RingCentral, Distributor shall pay to Representative monthly residual Service Fees (“Service Fees”). Service Fees shall be paid to Representative based on the subscription revenue generated by Qualified Sales with Customers which were identifiably procured by the Representative, and shall be calculated and paid according to the terms and conditions of Appendix A. Self-Billing Agreement The Distributor agrees: a. To issue self-billed invoices for all Service Fees until the expiration or termination of the Agreement (the “Agreement Expiration”). b. To complete self-billed invoices showing the Representative’s name, address and ABN together with all the other details which constitute a full tax invoice. The Representative agrees: a. To accept invoices raised by the self-▇▇▇▇▇▇ on their behalf until the Agreement Expiration. b. Not to raise sales invoices for the transactions covered by this Agreement. c. To notify Distributor immediately if Representative changes their ABN, cease to be ABN registered, or sell their business or part of their business.

Appears in 2 contracts

Sources: Representative Agreement, Representative Agreement

Representative (Service) Fees. 3.1 In consideration of the Representative’s performance under this Agreement which results in a Prospective Customer entering into a Qualified Sale with RingCentral, Distributor shall pay to Representative monthly residual Service Fees (“Service Fees”). Service Fees shall be paid to Representative based on the subscription revenue generated by Qualified Sales with Customers which were identifiably procured by the Representative, and shall be calculated and paid according to the terms and conditions of Appendix A. Self-Billing Agreement The Distributor agrees: a. To issue self-billed invoices for all Service Fees Feed until the expiration or termination of the Agreement (the “Agreement Expiration”). b. To complete self-billed invoices showing the Representative’s name, address and ABN VAT registration number, together with all the other details which constitute a full tax VAT invoice. The Representative agrees: a. To accept invoices raised by the self-▇▇▇▇▇▇ on their behalf until the Agreement Expiration. b. Not to raise sales invoices for the transactions covered by this Agreement. c. To notify Distributor immediately if Representative changes their ABNVAT registration number, cease to be ABN VAT registered, or sell their business or part of their business.

Appears in 1 contract

Sources: Representative Agreement