Glossary entry

English term or phrase:

provision payment(s)

Italian translation:

pagamento(i) per il servizio reso (vendita)

Added to glossary by Federica Banzola
Oct 22, 2019 15:50
4 yrs ago
6 viewers *
English term

provision payment(s)

English to Italian Other Law: Contract(s) Distribution Agreement
string included in a Schedule of a Distribution Agreement and included in various sentences, e.g.:


This document in entered into to record XXX and Distributor’s agreement to **provision payments** in respect of sales to a particular customer in accordance with clause 2.2 of the Distribution Agreement. (...)

Subject to the following provisions of this document, XXX shall pay a **provision payment** to Distributor at the Rate and over the Period in respect of Products sold by XXX directly to the relevant Customer where such contracts for sale were concluded directly and wholly as a result of Distributor’s efforts. Distributor shall not be entitled to any additional commission, compensation or reward on or in connection with any other transactions whatsoever including, without limitation, sales by XXX’s distributors to the Customer.

Ideas? Have you ever seen this definition? thanks!!!!

Proposed translations

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pagamento(i) per il servizio reso (vendita)

Una proposta

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Note added at 1 giorno 21 ore (2019-10-24 12:53:55 GMT) Post-grading
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Grazie a te, Federica :)
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4 KudoZ points awarded for this answer. Comment: "grazie mille!"
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