Common use of Real Estate Commission Clause in Contracts

Real Estate Commission. Seller and Buyer each represent and warrant to the other that neither Seller nor Buyer has contracted or entered into any agreement with any real estate broker, agent, finder or any other party in connection with this transaction, and that neither party has taken any action which would result in any real estate broker's, finder's or other fees or commissions being due and payable to any party with respect to the transaction contemplated hereby, except that Seller has contracted with a) Xxxxx & Xxxxx and b) Triple Net Properties Realty, Inc., as its broker and will pay any commission due to each such broker. Each party hereby indemnifies and agrees to hold the other party harmless from any loss, liability, damage, cost, or expense (including reasonable attorneys' fees) resulting to the other party by reason of a breach of the representation and warranty made by such party in this paragraph.

Appears in 1 contract

Samples: Exhibit 99 (T Reit Inc)

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Real Estate Commission. Seller and Buyer each represent and warrant to the other that neither Seller nor Buyer has contracted or entered into any agreement with any real estate broker, agent, finder or any other party in connection with this transaction, and that neither party has taken any action which would result in any real estate broker's’s, finder's ’s or other fees or commissions being due and payable to any party with respect to the transaction contemplated hereby, except that Seller has contracted with a) Xxxxx & Xxxxx Lang LaSalle and b) Triple Net Properties Realty, Inc., as its broker brokers and will pay any commission due to each such brokersaid brokers. Each party hereby indemnifies and agrees to hold the other party harmless from any loss, liability, damage, cost, or expense (including reasonable attorneys' fees) resulting to the other party by reason of a breach of the representation and warranty made by such party in this paragraph.

Appears in 1 contract

Samples: Agreement for Purchase and Sale (G Reit Inc)

Real Estate Commission. Seller and Buyer each represent and warrant to the other that neither Seller nor Buyer has contracted or entered into any agreement with any real estate broker, agent, finder or any other party in connection with this transaction, and that neither party has taken any action which would result in any real estate broker's’s, finder's ’s or other fees or commissions being due and payable to any party with respect to the transaction contemplated hereby, except that Seller has contracted with (a) Xxxxx & Xxxxx Transwestern Commercial Services and (b) Triple Net Properties Realty, Inc., Inc. as its broker brokers and will pay any commission due to each such brokersaid brokers. Each party hereby indemnifies and agrees to hold the other party harmless from any loss, liability, damage, cost, or expense (including reasonable attorneys' fees) resulting to the other party by reason of a breach of the representation and warranty made by such party in this paragraph.

Appears in 1 contract

Samples: Agreement for Purchase and Sale of Real Property and Escrow Instructions (T Reit Inc)

Real Estate Commission. Seller and Buyer each represent and warrant to the other that neither Seller nor Buyer has contracted or entered into any agreement with any real estate broker, agent, finder or any other party in connection with this transaction, and that neither party has taken any action which would result in any real estate broker's, finder's or other fees or commissions being due and payable to any party with respect to the transaction contemplated hereby, except that Seller has contracted with a) Xxxxx & Xxxxx and b) is represented by Triple Net Properties Realty, Inc., as its broker broker, and will by Xxxxx & Xxxxx, and Seller shall pay any commission and all commissions due to each such brokersaid brokers. Each party hereby indemnifies and agrees to hold the other party harmless from any loss, liability, damage, cost, or expense (including reasonable attorneys' fees) resulting to the other party by reason of a breach of the representation and warranty made by such party in this paragraphSection.

Appears in 1 contract

Samples: Agreement for Purchase and Sale (G Reit Inc)

Real Estate Commission. Seller and Buyer each represent and warrant to the other that neither Seller nor Buyer has contracted contacted or entered into any agreement Agreement with any real estate broker, agent, finder or any other party in connection with this transaction, and that neither party has taken any action which would result in any real estate broker's, finder's or other fees or commissions being due and payable to any party with respect to the transaction contemplated hereby, except that Seller has contracted with a) CB Xxxxxxx Xxxxx & Xxxxx and b) Triple Net Properties Realty, Inc., as its broker and will pay any a commission due equal to each such one percent (1%) times the Purchase Price to said broker. Each party hereby indemnifies and agrees to hold the other party harmless from any loss, liability, damage, cost, or expense (including reasonable attorneys' fees) resulting to the other party by reason of a breach of the representation and warranty made by such party in this paragraphParagraph.

Appears in 1 contract

Samples: Agreement for Purchase and Sale (G Reit Inc)

Real Estate Commission. Seller and Buyer each represent and warrant to the other that neither Seller nor Buyer has contracted or entered into any agreement with any real estate broker, agent, finder or any other party in connection with this transaction, and that neither party has taken any action which would result in any real estate broker's’s, finder's ’s or other fees or commissions being due and payable to any party with respect to the transaction contemplated hereby, except that Seller has contracted with a) Xxxxx & Xxxxx and b) Triple Net Properties Realty, Inc.CB Xxxxxxx Xxxxx, as its broker and will pay any commission due to each such brokersaid broker under a separate agreement, if, but only if, Closing occurs pursuant to this Agreement. Each party hereby indemnifies and agrees to hold the other party harmless from any loss, liability, damage, cost, or expense (including reasonable attorneys' fees) resulting to the other party by reason of a breach of the representation and warranty made by such party in this paragraph.

Appears in 1 contract

Samples: Agreement for Purchase and Sale of Real Property and Escrow Instructions (Grubb & Ellis Co)

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Real Estate Commission. Seller and Buyer each represent and warrant to the other that neither Seller nor Buyer has contracted or entered into any agreement with any real estate broker, agent, finder or any other party in connection with this transaction, and that neither party has taken any action which would result in any real estate broker's’s, finder's ’s or other fees or commissions being due and payable to any party with respect to the transaction contemplated hereby, except that Seller has contracted with a) Xxxxx & Xxxxx and b) Triple Net Properties Realty, Inc., Xxxx Commercial Brokerage as its broker and will pay any a commission due to each such brokersaid broker and b) Marcus and Millicap and c) Triple Net Properties a brokerage commission. Each party hereby indemnifies and agrees to hold the other party harmless from any loss, liability, damage, cost, or expense (including reasonable attorneys' fees) resulting to the other party by reason of a breach of the representation and warranty made by such party in this paragraph.

Appears in 1 contract

Samples: Agreement for Purchase and Sale of Real Property and Escrow Instructions (T Reit Inc)

Real Estate Commission. Seller and Buyer each represent and warrant to the other that neither Seller nor Buyer has contracted or entered into any agreement with any real estate broker, agent, finder or any other party in connection with this transaction, and that neither party has taken any action which would result in any real estate broker's’s, finder's ’s or other fees or commissions being due and payable to any party with respect to the transaction contemplated hereby, except that Seller has contracted with a) Xxxxx & Xxxxx and b) Triple Net Properties Realty, Inc.Inc. and Xxxxx Lang LaSalle, as its broker brokers and will pay any commission due to each such brokersaid brokers. Each party hereby indemnifies and agrees to hold the other party harmless from any loss, liability, damage, cost, or expense (including reasonable attorneys' fees) resulting to the other party by reason of a breach of the representation and warranty made by such party in this paragraph.

Appears in 1 contract

Samples: One World Trade Center (G Reit Inc)

Real Estate Commission. Seller and Buyer each represent and warrant to the other that neither Seller nor Buyer has contracted or entered into any agreement with any real estate broker, agent, finder or any other party in connection with this transaction, and that neither party has taken any action which would result in any real estate broker's’s, finder's ’s or other fees or commissions being due and payable to any party with respect to the transaction contemplated hereby, except that Seller has contracted with a) Xxxxx & Xxxxx and b) Triple Net Properties Realty, Inc.Transwestern, as its broker and will pay any commission due to each such brokersaid broker under a separate agreement, if, but only if, Closing occurs pursuant to this Agreement. Each party hereby indemnifies and agrees to hold the other party harmless from any loss, liability, damage, cost, or expense (including reasonable attorneys' fees) resulting to the other party by reason of a breach of the representation and warranty made by such party in this paragraphSection.

Appears in 1 contract

Samples: Agreement for Purchase and Sale of Real Property and Escrow Instructions (T Reit Inc)

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