Sentences with phrase «sales commission agreement»

Representing telecommunications company in defense of litigation alleging breach of a sales commission agreement.

Not exact matches

The SSE Holdings LLC Agreement will also reflect a split of LLC Interests such that one LLC Interest can be acquired with the net proceeds received in the initial offering from the sale of one share of our Class A common stock, after the deduction of underwriting discounts and commissions.
Description: By Resolution A-24, approved on January 18, 2018, the School Reform Commission declared the former Ada Lewis School, located at 6199 Ardleigh Street, Philadelphia, PA («Property»), unused and unnecessary and authorized The School District of Philadelphia («School District») to enter into an Agreement of Sale to sell the Property to Green Star, LLC or its affiliate («Buyer») for $ 2,418,000.
In light of this new agency commission model where Amazon and Apple will no longer carry the product per se but have an agreement to sell titles via their site in exchange for a 30 % commission on the sale (see earlier post to get up to speed), suddenly agents need to re-examine the whole definition of net receipts in publishing contracts.
A. «Agency Agreement» means an agreement between an E-book Publisher and an E-book Retailer under which the E-book Publisher Sells E-books to consumers through the E-book Retailer, which under the agreement acts as an agent of the E-book Publisher and is paid a commission in connection with the Sale of one or more of the E-book Publisher'sAgreement» means an agreement between an E-book Publisher and an E-book Retailer under which the E-book Publisher Sells E-books to consumers through the E-book Retailer, which under the agreement acts as an agent of the E-book Publisher and is paid a commission in connection with the Sale of one or more of the E-book Publisher'sagreement between an E-book Publisher and an E-book Retailer under which the E-book Publisher Sells E-books to consumers through the E-book Retailer, which under the agreement acts as an agent of the E-book Publisher and is paid a commission in connection with the Sale of one or more of the E-book Publisher'sagreement acts as an agent of the E-book Publisher and is paid a commission in connection with the Sale of one or more of the E-book Publisher's E-books.
T. «Wholesale Price» means (1) the net amount, after any discounts or other adjustments (not including promotional allowances subject to Section 2 (d) of the Robinson - Patman Act, 15 U.S.C. 13 (d)-RRB-, that an E-book Retailer pays to an E-book Publisher for an E-book that the E-book Retailer Sells to consumers; or (2) the Retail Price at which an E-book Publisher, under an Agency Agreement, Sells an E-book to consumers through an E-book Retailer minus the commission or other payment that E-book Publisher pays to the E-book Retailer in connection with or that is reasonably allocated to that Sale.
There is some protection for ebook prices under agency agreements, however: «The aggregate value of the price discounts or promotions offered by any retailer should not exceed the aggregate amount equal to the total commissions the publisher pays to that retailer over a 12 - month period in connection with the sale of its ebooks to consumers.»
Can delist any of your ebooks from Draft2Digital or terminate this Agreement at any time, provided that Draft2Digital is entitled to its 15 % commission on sales of your books prior to delisting.
The Company filed a Form 8 - K with the Securities and Exchange Commission stating that Barnes & Noble and Microsoft have agreed to terminate their commercial agreement including any associated obligations for international content acquisition and sale.
* As stated in the prospectus (pdf) dated 5/1/2018 ** Pursuant to an operating expense limitation agreement between Heartland Advisors and Heartland Group, Inc., on behalf of the Fund, Heartland Advisors has agreed to waive its management fees and / or pay expenses of the Fund to ensure that the Fund's total annual fund operating expenses (excluding front - end or contingent deferred sales loads, taxes, leverage, interest, brokerage commissions, expenses incurred in connection with any merger or reorganization, dividends or interest expenses on short positions, acquired fund fees and expenses, or extraordinary expenses) do not exceed 1.25 % of the Fund's average daily net assets for the Investor Class Shares and 0.99 % for the Institutional Class Shares through at least May 1, 2019, and subject to annual re-approval of the agreement by the Board of Directors, thereafter.
The agreement should also state whether such sales, if allowed, would require the artist to pay a commission to the gallery.
Understanding and managing sales and service agreements including commission, consignment and licensing.
A Consignment Agreement will outline the details, like the commission rate and the deadline for selling the item (s), and what happens if there is no sale.
Usually, the consignee collects the sales price of the merchandise, keeps a percentage as a commission, and pays the balance to the consignor.The Consignment Contract Agreement is a simple but flexible document that provides a variety of optional paragraphs.
Our lawyers handle all types of real estate disputes, including claims for design and planning negligence, easements and title disputes, breaches of commercial leases and purchase and sale agreements, landlord - tenant disputes, inverse condemnation, and real estate commission disputes.
The issue in this case was whether an agreement which provided for the payment of commission on a sale of real property included an obligation to pay commission on a sale of shares in the company which owned the property.
When you're about to hire that stellar new sales employee who works on commission, or you're about accept a great job that includes commissions, a Commission Agreement is yocommission, or you're about accept a great job that includes commissions, a Commission Agreement is yoCommission Agreement is your friend.
The listing agreement contained a holdover clause which provided that the vendor would pay Ariston a commission of 5 % of the sale price in the event that the property was sold within six months after the expiry of the listing agreement to any party to whom Ariston introduced the property... [more]
In OFT v Foxtons Ltd [2009] EWHC 1681 (Ch), [2009] All ER (D) 110 (Jul) Mann J sent shock waves well beyond the Foxtons» head office as he branded as unfair within the Unfair Terms in Consumer Contracts Regulations 1999 (SI 1999/2083)(UTCCR) and so unenforceable, conditions which required the landlord to pay commission on renewals of letting agreements and sales of rented properties.
First, as it is unlikely that land transactions will involve a «hardcore» breach of Art 101 (1)(but that might be possible for example in the sale of off - plan leases as between competing developers) the key question is whether the land agreement is «by object» anti-competitive based on the evidence of its effect (the treatment of «hardcore» infringing agreements as ones classified «by object» is reflected in the Commission's own Guidelines; 2004 / C 101/08; para 21, and see the Guidance Note para 2.1 and footnote 13).
When Allan Hobbs was offered a sales job by TDI, he signed an agreement covering everything except commissions.
These needs include wills, powers of attorney, notarizations, commissionings, sale conveyances, purchase conveyances, incorporations, amicable marriage contracts, the ILA for them, amicable (i.e., non-litigious) separation agreements, the ILA for them, etc..
Ms. Morrow argued that in failing to do so, the broker had breached the listing agreement thus disentitling the broker to the commission of the aborted sale which to it would otherwise have been entitled to pursuant to the listing agreement.
Under the Alabama Sales Representative's Commission Contracts Act, businesses must pay the independent representative commissions based on the terms of their agreement or industry customs.
For a general agency agreement, ie one which does not contemplate limiting the seller to using only one agent, a term would generally be implied into the contract requiring that the agent «effectively cause» sale: if the agent does not cause sale, they will not be entitled to their commission (see Dashwood v Fleurets Limited [2007] EWHC 1610 (QB), [2007] All ER (D) 67 (Jul)-RRB-.
Kochava plans to implement its token sale through the simple agreement for future tokens (SAFT) framework, which was created to allow issuers to use Reg D, and in turn, stay on the right side of the Securities and Exchange Commission (although its yet to be seen whether the SEC agrees).
If the agreement provides that commission is payable even if the potential sale gets aborted, make sure the seller understands that.
It's called «commission agreement» to sell a property not listed for sale
From my point of view: Just because an agent has entered into a buyer's agreement with someone, that agent should not have the legal power to just send out their perspective buyers to open houses and then expect the buyer to simply go back to that agent for the preparation of the A of P&S that may eventually result into a sale and the pocketing of the selling commission.
Further, «where a real estate broker has an exclusive listing and has established that the property described in the listing agreement has been sold, a prima facie case is established for a commission upon the entire sales price.»
In my buyer agency agreement, I write that my compensation is «X percent of sales price + [Y percent of savings (list price — sales price + seller subsidy) if > 0] + any additional commission
The reference contained in the clause near the bottom of the Contract of Purchase and Sale concerning the broker's commission merely confirms the bargain struck in the listing agreement.
The Listing Agreement did not say the commission was to be paid out of the proceeds of the sale (thereby setting up a specific fund) but simply a commission was payable on closing.
HUD has clarified its guidance to servicers that FHA short sales with dual agency agreements are eligible for up to a 6 percent commission if the contract that is submitted meets all current pre-foreclosures sales guidelines, including the required marketing period, and yields the highest net return to HUD.
The Listing Agreement provided for a commission of eight per cent of the sale price, on closing of the sale.
Minnesota's highest court has decided that if a brokerage was the procuring cause of a transaction, the broker is entitled to a commission even though the sale came after the listing agreement had been terminated.
A North Carolina appellate court has determined that because two commercial licensees had a business agreement on a commission split, whether or not one of the brokers was a procuring cause in the sale was not the deciding factor on whether he should receive a commission.
Client and Broker entered into an agreement («Brokerage Agreement») in which the parties agreed that Broker would earn his commission when plaintiff «enters into a sales contract... with any buyer procured by seller... provided that buyer performs and settles on said contracagreement («Brokerage Agreement») in which the parties agreed that Broker would earn his commission when plaintiff «enters into a sales contract... with any buyer procured by seller... provided that buyer performs and settles on said contracAgreement») in which the parties agreed that Broker would earn his commission when plaintiff «enters into a sales contract... with any buyer procured by seller... provided that buyer performs and settles on said contract.»
An Illinois Appellate Court has ruled that because a seller failed to refer a prospective buyer to a broker with an exclusive listing agreement, the broker is entitled to a commission on the sale to the prospect, even after the listing has expired.
Their written agreement states that the company would take the first $ 1 million from the sale of the parcel and that the brokers would receive a commission for any amount over $ 1 million.
I am sure you are not talking about a Schedule A to an Offer as it is against the law to deal with commission anywhere on the Agreement of Purchase and Sale!
The Brokerage would receive a specified commission if the Buyer purchased a property which was not otherwise listed for sale by the sellers, and specifically identified the Hazelton dairy farm as being subject to the terms of the agreement.
In the standard OREA listing agreement Fody agreed to pay Willaert a commission of five per cent of the sale price.
Every listing should include in it's comments and as part of the contract that «All Buyers Contracts will be honored with the Buyer Agency Agreement Commission payable to be included in the final NEGOTIATED sale price of the home.»
The court ruled that the owners were in default of the listing agreement when it failed to pay the brokerage a commission from the sale of the property, therefore the brokerage was entitled to the award of attorney's fees, as outlined in the listing agreement.
He says that in his opinion, the consent agreement led to «a rift between CREA and the real estate boards; undue hardships on real estate sales associates, a change in commission structures that reduced or eliminated what I perceive as essential services to clients; the appearance of «mere listing» options where the buyer's agents now have to take an extra step and negotiate their own commissions with a seller prior to presenting the offer; and last but not least, the «opening» of the MLS information, which Realtors pay for, making it fully available to the public.»
Further, Michigan's real estate statute defines an «independent contractor relationship» as a relationship between a real estate broker and an associate broker or real estate salesperson where there is both a written agreement between the parties stating that the associate broker or real estate salesperson is not considered an employee for federal and state income tax purposes and not less than 75 % of the annual compensation paid by the broker to the associate broker or real estate salesperson is from commissions from the sale of real estate.
What isn't in the listing agreement is advice on if or when the seller has leverage over the agents to reduce that commission, if they choose to accept a lower sale price.
The agreement states that you'll be paid a two per cent commission upon sale of the building.
The seller has irrevocably directed their lawyer in the agreement of purchase and sale to pay any balance of commission before any money is paid to the seller.
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