Example ContractsClausesCommissions
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Letter of Credit Commissions. Subject to [Section 5.15(a)(iii)(B)], the Borrower shall pay to the Administrative Agent, for the account of the applicable Issuing Lender and the L/C Participants, a letter of credit commission with respect to each Letter of Credit in the amount equal to the daily amount available to be drawn under such standby Letters of Credit times the Applicable Margin with respect to Revolving Credit Loans that are LIBOR Rate Loans (determined, in each case, on a per annum basis). Such commission shall be payable quarterly in arrears on the last Business Day of each calendar quarter, on the Revolving Credit Maturity Date and thereafter on demand of the Administrative Agent. The Administrative Agent shall, promptly following its receipt thereof, distribute to the applicable Issuing Lender and the L/C Participants all commissions received pursuant to this [Section 3.3] in accordance with their respective Revolving Credit Commitment Percentages.

Kidder Matthews is the broker of record representing Tenant and JLL is the broker of record representing Landlord.

# will pay to the Agent, for the account of the L/C Participants to be shared by them ratably in accordance with their respective Commitment Percentages, a fee on the undrawn and unexpired amount of all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans; such fee shall be payable quarterly in arrears on each Fee Payment Date after the issuance date of the applicable Letter of Credit. In addition, shall pay to the Issuing Bank for its own account a fronting fee in an amount to be agreed with such Issuing Bank on the undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on each Fee Payment Date after the issuance date of the applicable Letter of Credit.

Selling Commissions” means any and all commissions payable to underwriters, dealer managers or other broker-dealers in connection with the sale of Shares, including commissions payable to the Dealer Manager.

Leasing commissions associated with this Lease, including the commissions payable to the Brokers;

Commissions” shall mean the brokerage fees or commissions due with respect to the Leases.

Net Commissions and Fees” means # all commissions and fees received by Purchaser or its Affiliates in respect of the Client Accounts set forth on [[Exhibit A-2]2]]2], including the cross-sell of a new product line to the Client and increases to coverage or any additional coverage sold to the Client (other than any Client who is also a client of any USI Company except where such cross-sell is generated by Cober or Juskowich), plus # all commissions and fees received by Purchaser or its Affiliates from new clients from and after the Closing Date and generated by Cober or Juskowich, less: (c)(1) commissions, fees and overrides paid or due to non-employee producers, or co- or sub-brokers; and # return commissions. “Net Commissions and Fees” shall exclude: # commissions or fees received by Purchaser on Client Accounts relating to individual life and individual disability policies or other non-recurring business; # any overrides or profit sharing, contingent, supplemental or other bonus commissions or fees; and # interest and investment income.

Adjustments for Advanced but Unearned Commissions and Errors. If # a purchase order is subsequently canceled or if full payment is not received for any reason (including without limitation due to write-offs, bad debts, insolvency, returns, cancelled orders or non-payment of any pre-payments) from the customer within sixty (60) days from the time the purchase order is entered into, or # the Company makes any error with respect to the calculation or payment of any PO Advances or Earned Commissions, any unearned PO Advances will be deducted from the Participant’s future PO Advances (if applicable), Earned Commissions or other wages of the Participant (“Advanced Commission Recovery”). Should full payment be received from the customer within ninety (90) days of this Advanced Commission Recovery and the Participant is still employed by the Company on the date such payment is received from the customer, any Advanced Commission Recovery shall be paid back in full to the Participant.

commissions paid under an agent’s contract; provided, however, effective as of , Compensation shall not include commissions paid to a Participant related to sales of the Company’s products, unless specifically provided in this definition or as specifically determined by the Committee;

“Selling Commissions” shall have the meaning set forth in the Charter.

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