Common use of AGENT’S COMMISSION Clause in Contracts

AGENT’S COMMISSION. 20.1 The Purchaser warrants that he was introduced to the Property by the Estate Agent referred to in clause 1.13.1 of the Contract of Sale who, it is recorded, was the effective cause of the sale in terms of the Contract. The Seller shall pay a selling commission to the agency referred to in clause 1.13.2 of the Contract of Sale in the amount referred to in clause 1.13.3 of the Contract of Sale. The aforesaid commission shall be deemed to have been earned and shall be payable on the Date of Transfer. 20.2 In such circumstances, the Purchaser warrants that: 20.2.1 the Estate Agent was the sole effective cause of the sale, 20.2.2 he was not introduced to the Property and/or the Contract, by any agent other than the Estate Agent named in clause 1.13.1 of the Contract of Sale as aforesaid; and 20.2.3 no commission shall become payable by the Seller to any agent other than the Estate Agent named in clause 1.13.1 of the Contract of Sale as aforesaid. 20.3 The Purchaser accordingly indemnifies the Seller and holds it harmless against all costs, charges, claims, demands, expenses, loss and damage which may be made against/suffered by the Seller arising out of breach of any of the aforegoing warranties. 20.4 Should this sale be cancelled by the Seller as a result of any failure by the Purchaser to carry out his obligations in terms of the Contract, or should the Purchaser resile from the Contract for any reason whatsoever, then the Purchaser shall be liable for the payment of agent’s commission and the Seller shall have no liability whatsoever for the payment thereof.

Appears in 4 contracts

Sources: Contract of Sale, Contract of Sale, Contract of Sale

AGENT’S COMMISSION. 20.1 7.1 The Purchaser warrants that he was introduced to the Property by the Estate Agent Agent’s referred to in clause 1.13.1 1.10 of the Contract of Sale whothis agreement, it is recorded, who was the effective cause of the sale of the Property in terms of the Contractthis agreement. The Seller shall pay a selling commission to the agency referred to in clause 1.13.2 Estate Agents a commission of % ( Percent) (plus VAT @ 15%, if applicable) of the Contract of Sale in the amount referred to in clause 1.13.3 of the Contract of Sale. The aforesaid Purchase Price, which commission shall be deemed to have been earned upon the signature of this agreement by both parties, and the subsequent fulfilment of any suspensive conditions contained herein, and shall be payable on the Date Registration of Transfer. The Seller hereby irrevocably authorises and instructs the Conveyancers to make payment of the aforesaid commission from the proceeds of the sale of the Property due to the Seller. 20.2 7.2 Should the Purchaser fail to carry out its obligations in terms hereof, and as a consequence this agreement is cancelled the aforesaid estate agent shall have the right to, but shall not be obliged, to recover payment of its aforesaid commission from the Purchaser. 7.3 In such circumstancesthe event of the aforesaid estate agent instituting action against either the Seller or the Purchaser to give effect to the benefits created herein in its favour, the agent shall be entitled to claim legal costs to the maximum amount permitted by Law. 7.4 In the event of the Purchaser not having completed clause 1.10 of the agreement by inserting the name of an Estate Agent/Agency, the Purchaser warrants that: 20.2.1 the that no Estate Agent was the sole effective cause of the sale, 20.2.2 he was not introduced responsible for introducing him to the Property and/or the Contract, by and further warrants that no agent will have any agent other than the Estate Agent named in clause 1.13.1 of the Contract of Sale as aforesaid; and 20.2.3 no commission shall become payable by claim against the Seller to any agent other than the Estate Agent named in clause 1.13.1 for estate agent's commission arising out of the Contract of Sale as aforesaidthis transaction. 20.3 7.5 The Purchaser accordingly indemnifies and holds harmless the Seller and holds it harmless against all costsany loss, chargesdamage or expense sustained, claims, demands, expenses, loss and damage which may be made against/suffered or incurred by the Seller arising out of any breach of any of the aforegoing foregoing warranties. 20.4 Should 7.6 The provisions of this sale be cancelled clause as well as certain other provisions in the agreement, are intended by the Seller as a result of any failure by and the Purchaser to carry out his obligations in terms be a contract for the benefit of the ContractAgents, or should which may be enforced by the Purchaser resile from Estate Agents, it being recorded and agreed that the Contract for any reason whatsoever, then Estate Agents have accepted the Purchaser shall be liable for benefits hereof by their signature at the payment foot of agent’s commission and the Seller shall have no liability whatsoever for the payment thereofthis agreement.

Appears in 3 contracts

Sources: Memorandum of Agreement, Memorandum of Agreement, Memorandum of Agreement

AGENT’S COMMISSION. 20.1 18.1 The Purchaser warrants that he was introduced to the Property by the Estate Agent referred to in clause 1.13.1 1.12.1 of the Contract of Sale who, it is recorded, was the effective cause of the sale in terms of the Contract. The Seller shall pay a selling commission to the agency referred to in clause 1.13.2 1.12.2 of the Contract of Sale in the amount referred to in clause 1.13.3 1.12.3 of the Contract of Sale. The aforesaid commission shall be deemed to have been earned and shall be payable on the Date of Transfer. 20.2 18.2 In such circumstances, the Purchaser warrants that: 20.2.1 18.2.1 the Estate Agent was the sole effective cause of the sale, 20.2.2 18.2.2 he was not introduced to the Property and/or the Contract, by any agent other than the Estate Agent named in clause 1.13.1 1.12.1 of the Contract of Sale as aforesaid; and 20.2.3 18.2.3 no commission shall become payable by the Seller to any agent other than the Estate Agent named in clause 1.13.1 1.12.1 of the Contract of Sale as aforesaid. 20.3 18.3 The Purchaser accordingly indemnifies the Seller and holds it harmless against all costs, charges, claims, demands, expenses, loss and damage which may be made against/suffered by the Seller arising out of breach of any of the aforegoing warranties. 20.4 18.4 Should this sale be cancelled by the Seller as a result of any failure by the Purchaser to carry out his obligations in terms of the Contract, or should the Purchaser resile from the Contract for any reason whatsoever, then the Purchaser shall be liable for the payment of agent’s commission and the Seller shall have no liability whatsoever for the payment thereof.

Appears in 3 contracts

Sources: Contract of Sale, Contract of Sale, Contract of Sale

AGENT’S COMMISSION. 20.1 The Purchaser warrants that he was introduced to the Property by the Estate Agent referred to in clause 1.13.1 of the Contract of Sale who, it is recorded, was the effective cause of the sale in terms of the Contract. The Seller shall pay a selling commission to the agency referred to in clause 1.13.2 of the Contract of Sale in the amount referred to in clause 1.13.3 terms of the Contract of Salemandate between the Seller and the agency. The aforesaid commission shall be deemed to have been earned and shall be payable on the Date of Transfer. 20.2 In such circumstances, the Purchaser warrants that: 20.2.1 the Estate Agent was the sole effective cause of the sale, 20.2.2 he was not introduced to the Property and/or the Contract, by any agent other than the Estate Agent named in clause 1.13.1 of the Contract of Sale as aforesaid; and 20.2.3 no commission shall become payable by the Seller to any agent other than the Estate Agent named in clause 1.13.1 of the Contract of Sale as aforesaid. 20.3 The Purchaser accordingly indemnifies the Seller and holds it harmless against all costs, charges, claims, demands, expenses, loss and damage which may be made against/suffered by the Seller arising out of breach of any of the aforegoing warranties. 20.4 Should this sale be cancelled by the Seller as a result of any failure by the Purchaser to carry out his obligations in terms of the Contract, or should the Purchaser resile from the Contract for any reason whatsoever, then the Purchaser shall be liable for the payment of agent’s commission and the Seller shall have no liability whatsoever for the payment thereof.

Appears in 2 contracts

Sources: Contract of Sale, Contract of Sale

AGENT’S COMMISSION. 20.1 16.1 The Purchaser warrants that he was introduced to the Property by the Estate Agent referred to in clause 1.13.1 1.11.1 of the Contract of Sale who, it is recorded, was the effective cause of the sale in terms of the Contract. The Seller shall pay a selling commission to the agency referred to in clause 1.13.2 1.11.2 of the Contract of Sale in the amount referred to in clause 1.13.3 1.11.3 of the Contract of Sale. The aforesaid commission shall be deemed to have been earned and shall be payable on the Date of Transfer. 20.2 16.2 In such circumstances, the Purchaser warrants that: 20.2.1 16.2.1 the Estate Agent was the sole effective cause of the sale, 20.2.2 16.2.2 he was not introduced to the Property and/or the Contract, by any agent other than the Estate Agent named in clause 1.13.1 1.11.1 of the Contract of Sale as aforesaid; and 20.2.3 16.2.3 no commission shall become payable by the Seller to any agent other than the Estate Agent named in clause 1.13.1 1.11.1 of the Contract of Sale as aforesaid. 20.3 16.3 The Purchaser accordingly indemnifies the Seller and holds it harmless against all costs, charges, claims, demands, expenses, loss and damage which may be made against/suffered by the Seller arising out of breach of any of the aforegoing warranties. 20.4 16.4 Should this sale be cancelled by the Seller as a result of any failure by the Purchaser to carry out his obligations in terms of the Contract, or should the Purchaser resile from the Contract for any reason whatsoever, then the Purchaser shall be liable for the payment of agent’s commission and the Seller shall have no liability whatsoever for the payment thereof. By his signature hereto, the Purchaser authorises the Conveyancers to make payment of the agent’s commission from the deposit held by the Conveyancers.

Appears in 2 contracts

Sources: Contract of Sale, Contract of Sale

AGENT’S COMMISSION. 20.1 The Purchaser warrants that he was introduced to the Property by the Estate Agent referred to in clause 1.13.1 of the Contract of Sale who, it is recorded, was the effective cause of the sale in terms of the Contract. The Seller shall pay a selling commission to the agency referred to in clause 1.13.2 of the Contract of Sale in the amount referred to in clause 1.13.3 of the Contract of Sale. The aforesaid commission shall be deemed to have been earned and shall be payable on the Date of Transfer. 20.2 In such circumstances, the Purchaser warrants that: 20.2.1 the Estate Agent was the sole effective cause of the sale,, READ ONLY 20.2.2 he was not introduced to the Property and/or the Contract, by any agent other than the Estate Agent named in clause 1.13.1 of the Contract of Sale as aforesaid; and 20.2.3 no commission shall become payable by the Seller to any agent other than the Estate Agent named in clause 1.13.1 of the Contract of Sale as aforesaid. 20.3 The Purchaser accordingly indemnifies the Seller and holds it harmless against all costs, charges, claims, demands, expenses, loss and damage which may be made against/suffered by the Seller arising out of breach of any of the aforegoing warranties. 20.4 Should this sale be cancelled by the Seller as a result of any failure by the Purchaser to carry out his obligations in terms of the Contract, or should the Purchaser resile from the Contract for any reason whatsoever, then the Purchaser shall be liable for the payment of agent’s commission and the Seller shall have no liability whatsoever for the payment thereof.

Appears in 2 contracts

Sources: Contract of Sale, Contract of Sale

AGENT’S COMMISSION. 20.1 18.1 The Purchaser warrants that he was introduced to the Property by the Estate Agent referred to in clause 1.13.1 1.12.1 of the Contract of Sale who, it is recorded, was the effective cause of the sale in terms of the Contract. The Seller shall pay a selling commission to the agency referred to in clause 1.13.2 1.12.2 of the Contract of Sale in the amount referred to in clause 1.13.3 1.12.3 of the Contract of Sale. The aforesaid commission shall be deemed to have been earned and shall be payable on the Date of Transfer. 20.2 18.2 In such circumstances, the Purchaser warrants that: 20.2.1 18.2.1 the Estate Agent was the sole effective cause of the sale, 20.2.2 18.2.2 he was not introduced to the Property and/or the Contract, by any agent other than the Estate Agent named in clause 1.13.1 1.12.1 of the Contract of Sale as aforesaid; and 20.2.3 18.2.3 no commission shall become payable by the Seller to any agent other than the Estate Agent named in clause 1.13.1 1.12.1 of the Contract of Sale as aforesaid. 20.3 18.3 The Purchaser accordingly indemnifies the Seller and holds it harmless against all costs, charges, claims, demands, expenses, loss and damage which may be made against/suffered by the Seller arising out of breach of any of the aforegoing warranties. 20.4 18.4 Should this sale be cancelled by the Seller as a result of any failure by the Purchaser to carry out his obligations in terms of the Contract, Contract or should the Purchaser resile from the Contract for any reason whatsoever, then the Purchaser shall be liable for the payment of agent’s commission and the Seller shall have no liability whatsoever for the payment thereof.

Appears in 2 contracts

Sources: Contract of Sale, Contract of Sale

AGENT’S COMMISSION. 20.1 19.1 The Purchaser warrants that he was introduced to the Property by the Estate Agent referred to in clause 1.13.1 1.11.1 of the Contract of Sale who, it is recorded, was the effective cause of the sale in terms of the Contract. The Seller shall pay a selling commission to the agency referred to in clause 1.13.2 1.11.2 of the Contract of Sale in the amount referred to in clause 1.13.3 1.11.3 of the Contract of Sale. The aforesaid commission shall be deemed to have been earned and shall be payable on the Date of Transfer. 20.2 19.2 In such circumstances, the Purchaser warrants that: 20.2.1 19.2.1 the Estate Agent was the sole effective cause of the sale, 20.2.2 19.2.2 he was not introduced to the Property and/or the Contract, by any agent other than the Estate Agent named in clause 1.13.1 1.11.1 of the Contract of Sale as aforesaid; and 20.2.3 19.2.3 no commission shall become payable by the Seller to any agent other than the Estate Agent named in clause 1.13.1 1.11.1 of the Contract of Sale as aforesaid. 20.3 19.3 The Purchaser accordingly indemnifies the Seller and holds it harmless against all costs, charges, claims, demands, expenses, loss and damage which may be made against/suffered by the Seller arising out of breach of any of the aforegoing warranties. 20.4 19.4 Should this sale be cancelled by the Seller as a result of any failure by the Purchaser to carry out his obligations in terms of the Contract, or should the Purchaser resile from the Contract for any reason whatsoever, then the Purchaser shall be liable for the payment of agent’s commission and the Seller shall have no liability whatsoever for the payment thereof.

Appears in 1 contract

Sources: Contract of Sale

AGENT’S COMMISSION. 20.1 25.1 The Purchaser warrants that he was introduced to the Property by the Estate Agent referred to in clause 1.13.1 Item J1 of the Contract of Sale Schedule who, it is recorded, was the effective cause of the sale in terms of the Contractthis Agreement. The Seller shall pay a selling commission to the agency referred to in clause 1.13.2 Item J2 of the Contract of Sale Schedule in the amount referred to in clause 1.13.3 Item J3 of the Contract of SaleSchedule. The aforesaid commission shall be deemed to have been earned and shall be payable on the Date of Transfer. 20.2 25.2 In such circumstances, the Purchaser warrants that: 20.2.1 25.2.1 the Estate Agent was the sole effective cause of the sale, 20.2.2 25.2.2 he was not introduced to the Property and/or the Contractthis Agreement, by any agent other than the Estate Agent named in clause 1.13.1 of the Contract of Sale Schedule as aforesaid; and 20.2.3 25.2.3 no commission shall become payable by the Seller to any agent other than the Estate Agent named in clause 1.13.1 of the Contract of Sale Schedule as aforesaid. 20.3 25.3 The Purchaser accordingly indemnifies the Seller and holds it harmless against all costs, charges, claims, demands, expenses, loss and damage which may be made against/suffered by the Seller arising out of breach of any of the aforegoing warranties. 20.4 25.4 Should this sale be cancelled by the Seller as a result of any failure by the Purchaser to carry out his obligations in terms of the Contractthis Agreement, or should the Purchaser resile from the Contract this Agreement for any reason whatsoever, then the Purchaser shall be liable for the payment of agent’s agents commission and the Seller shall have no liability whatsoever for the payment thereof.

Appears in 1 contract

Sources: Purchase and Sale Agreement

AGENT’S COMMISSION. 20.1 28.1. The Purchaser warrants that he was introduced to the Property by the Estate Agent referred to in clause 1.13.1 Paragraph N of the Schedule to this Contract of Sale who, it is recorded, was the effective cause of the sale in terms of the Contract. The Seller shall pay a selling commission to the agency referred to in clause 1.13.2 said Paragraph N of the Contract of Sale Schedule in the amount referred to in clause 1.13.3 Paragraph N of the Contract of Sale. The aforesaid commission shall be deemed to have been earned and shall be payable on the Date of Transfer. 20.2 In ▇▇.▇. ▇▇ such circumstances, the Purchaser warrants that: 20.2.1 the 28.2.1. The Estate Agent was the sole effective cause of the sale, 20.2.2 28.2.2. he was not introduced to the Property and/or the Contract, by any agent other than the Estate Agent named in clause 1.13.1 N of the Schedule to the Contract of Sale as aforesaid; and 20.2.3 28.2.3. no commission shall become payable by the Seller to any agent other than the Estate Agent named in clause 1.13.1 N of the Contract of Sale as aforesaid. 20.3 28.3. The Purchaser accordingly indemnifies the Seller and holds it harmless against all costs, charges, claims, demands, expenses, loss and damage which may be made against/suffered by the Seller arising out of breach of any of the aforegoing warranties. 20.4 28.4. Should this sale be cancelled by the Seller as a result of any failure by the Purchaser to carry out his obligations in terms of the Contract, or should the Purchaser resile from the Contract for any reason whatsoever, then the Purchaser shall be liable for the payment of agent’s commission and the Seller shall have no liability whatsoever for the payment thereof.

Appears in 1 contract

Sources: Contract of Sale

AGENT’S COMMISSION. 20.1 13.1 The Purchaser warrants that he was introduced to the Property by the Estate Agent referred to in clause 1.13.1 1.11.1 of the Contract of Sale who, it is recorded, was the effective cause of the sale in terms of the this Contract. The Seller shall pay a selling commission to the agency referred to in clause 1.13.2 1.11.2 of the Contract of Sale in the amount referred to in clause 1.13.3 1.11.3 of the Contract of Sale. The aforesaid commission shall be deemed to have been earned and shall be payable on the Date of Transfer. 20.2 13.2 In such circumstances, the Purchaser warrants that: 20.2.1 13.2.1 the Estate Agent was the sole effective cause of the sale, 20.2.2 13.2.2 he was not introduced to the Property and/or the this Contract, by any agent other than the Estate Agent named in clause 1.13.1 of the Contract of Sale Schedule as aforesaid; and 20.2.3 13.2.3 no commission shall become payable by the Seller to any agent other than the Estate Agent named in clause 1.13.1 of the Contract of Sale Schedule as aforesaid. 20.3 13.3 The Purchaser accordingly indemnifies the Seller and holds it harmless against all costs, charges, claims, demands, expenses, loss and damage which may be made against/suffered by the Seller arising out of breach of any of the aforegoing warranties. 20.4 13.4 Should this sale be cancelled by the Seller as a result of any failure by the Purchaser to carry out his obligations in terms of the Contract, this Contract or should the Purchaser resile from the this Contract for any reason whatsoever, then the Purchaser shall be liable for the payment of agent’s commission and the Seller shall have no liability whatsoever for the payment thereof.

Appears in 1 contract

Sources: Contract of Sale

AGENT’S COMMISSION. 20.1 4.1 The Purchaser warrants that he was introduced to the Property by the Estate Agent referred to in clause 1.13.1 1.8.1 of the Contract of Sale who, it is recorded, was the effective cause of the sale in terms of the this Contract. The Seller shall pay a selling commission to the agency referred to in clause 1.13.2 1.8.2 of the Contract of Sale in the amount referred to in clause 1.13.3 1.8.3 of the Contract of Sale. The aforesaid commission shall be deemed to have been earned and shall be payable on the Date of Transfer. 20.2 4.2 In such circumstances, the Purchaser warrants that: 20.2.1 4.2.1 the Estate Agent was the sole effective cause of the sale, 20.2.2 4.2.2 he was not introduced to the Property and/or the this Contract, by any agent other than the Estate Agent named in clause 1.13.1 of the Contract of Sale as aforesaid; and 20.2.3 4.2.3 no commission shall become payable by the Seller to any agent other than the Estate Agent named in clause 1.13.1 of the Contract of Sale as aforesaid. 20.3 4.3 The Purchaser accordingly indemnifies the Seller and holds it harmless against all costs, charges, claims, demands, expenses, loss and damage which may be made against/suffered by the Seller arising out of breach of any of the aforegoing warranties. 20.4 4.4 Should this sale be cancelled by the Seller as a result of any failure by the Purchaser to carry out his obligations in terms of the this Contract, or should the Purchaser resile from the this Contract for any reason whatsoever, then the Purchaser shall be liable for the payment of agent’s agents commission and the Seller shall have no liability whatsoever for the payment thereof.

Appears in 1 contract

Sources: Contract of Sale

AGENT’S COMMISSION. 20.1 16.1 The Purchaser warrants that he was introduced to the Property by the Estate Agent referred to in clause 1.13.1 1.11.1 of the Contract of Sale who, it is recorded, was the effective cause of the sale in terms of the Contract. The Seller shall pay a selling commission to the agency referred to in clause 1.13.2 1.11.2 of the Contract of Sale in the amount referred to in clause 1.13.3 1.11.3 of the Contract of Sale. The aforesaid commission shall be deemed to have been earned and shall be payable on the Date of Transfer. 20.2 16.2 In such circumstances, the Purchaser warrants that: 20.2.1 16.2.1 the Estate Agent was the sole effective cause of the sale, 20.2.2 16.2.2 he was not introduced to the Property and/or the Contract, by any agent other than the Estate Agent named in clause 1.13.1 1.11.1 of the Contract of Sale as aforesaid; and 20.2.3 16.2.3 no commission shall become payable by the Seller to any agent other than the Estate Agent named in clause 1.13.1 1.11.1 of the Contract of Sale as aforesaid. 20.3 16.3 The Purchaser accordingly indemnifies the Seller and holds it harmless against all costs, charges, claims, demands, expenses, loss and damage which may be made against/suffered by the Seller arising out of breach of any of the aforegoing warranties. 20.4 16.4 Should this sale be cancelled by the Seller as a result of any failure by the Purchaser to carry out his obligations in terms of the Contract, or should the Purchaser resile from the Contract for any reason whatsoever, except in accordance with clause 4.2, then the Purchaser shall be liable for the payment of agent’s commission and the Seller shall have no liability whatsoever for the payment thereof. By his signature hereto, the Purchaser authorises the Conveyancers to make payment of the agent’s commission from the deposit held by the Conveyancers.

Appears in 1 contract

Sources: Contract of Sale