Sales Commission. 1% for all Class C Funds except Virtus Newfleet Multi-Sector Short Term Bond Fund 0% for Virtus Newfleet Multi-Sector Short Term Bond Fund When original purchases of the Virtus Newfleet Multi-Sector Short Term Bond Fund Class C are exchanged to other Class C or C1 shares, the dealer will receive a 1% sales commission.
Sales Commission shall have the meaning given to such term in the Sales Commission Agreement.
Examples of Sales Commission in a sentence
COMMISSION Sales Commission is payable at the rate of 5 % of the purchase price excluding VAT, OASIS APARTMENT SALES (PTY) LTD Paid by the Seller 5.
Upon any Warm Servicing Trigger Event or Hot Servicing Trigger Event ceasing to exist, the Manager will be entitled to cause amounts on deposit in the Operating Expense Reserve Account in excess of the greater of (i) $100,000 and (ii) the Expected Sales Commission Amount to be deposited to the Collection Account to be applied on the immediately following Payment Date in accordance with the priority of payments set form in Section 5.01(a).
More Definitions of Sales Commission
Sales Commission means the commission paid to the seller’s agent who is related to the seller or the factory, governed by or acting for its favor or on its behalf.
Sales Commission means the front-end sales commission of up to 5% of the subscription amount of the Class A Fund Units being purchased as described in Item 8 – Compensation Paid to Dealers.
Sales Commission means a fee paid to an agent for selling tick- ets on behalf of an auto transportation company.
Sales Commission means an amount equal to (1) 4.0% of the net asset value of Shares being purchased subject to a contingent deferred sales charge payable at any time during the five-year period following purchase, or (2) 3.0% of the net asset value of Shares being purchased subject to a contingent deferred sales charge payable at any time during the four-year period following purchase. WMFD will pay or cause to be paid to the Funds the net asset value of such Shares being purchased. If payment for any purchase order for Class B Shares is not received in accordance with the terms of the applicable Fund Prospectus, WMFD reserves the right, without notice, to cancel the sale and Selling Broker-Dealer shall be responsible for any loss sustained as a result thereof.
Sales Commission means an amount up to 6.5% of Gross Proceeds from the sale of Shares in the Primary Offering payable to non-affiliated Selling Agents with respect to Shares sold by them.
Sales Commission means “sales commission compensation” as such term is defined in Treasury Regulation §1.409A-2(a)(12)(i).
Sales Commission means a fee paid to an agent for selling tickets on behalf of an auto transportation company.