Success Fee Credit Program
Axial Success Fee Credit Program Terms and Conditions
Success Fee Credit Issuance
Members may be eligible to earn Success Fee Credits to reduce their success fee obligations on Axial. Credits can be earned based on a variety of Axial member programs, which are subject to the sole discretion of Axial.
Credit Utilization
Provided the Member is in good standing and has not violated the Axial Member Terms of Service in any way, the Member can apply Success Fee Credit balances towards their future success fee obligations.
Credit Expiration
Success Fee Credits have a 5-year life from the date of issuance. Credits not utilized within this timeframe will expire and be removed from the member’s account.
Credit Transferability
Members can use Success Fee Credits with legal affiliates of their existing member account. However, credits cannot be used with unaffiliated new entities without the prior written consent of Axial.
Credit Eligibility
Credits are earned and issued exclusively on fee payments that are made in accordance with the Axial Terms of Service and the Member’s Membership Agreement. Axial, in its sole discretion, will determine Credit Eligibility on a deal-by-deal basis.
The following forms of fee payments do not qualify for Success Fee Credits:
- Late payments
- Payments made on transactions that were not self-reported by members
Credit Forfeiture
Members forfeit their Success Fee Credits for any violation of the Axial Member Terms of Service.
Program Changes
Axial reserves the right to change the Member Success Fee Program at any time without prior notice. This includes, but is not limited to, changes to credit issuance rates, utilization rules, and expiration policies.
Disclaimer
Participation in the Success Fee Credit Program does not guarantee any specific outcomes or results. Success Fee Credits are non-transferable except as expressly provided herein.