Common use of Brokerage Commissions and Finder’s Fees Clause in Contracts

Brokerage Commissions and Finder’s Fees. (a) Each party to this Agreement warrants to the other that, except as otherwise provided in subparagraph (b) below, no person or entity can properly claim a right to a real estate commission, real estate finder's fee, real estate acquisition fee or other real estate brokerage-type compensation (collectively, "Real Estate Compensation") based upon the acts of that party with respect to the transaction contemplated by this Agreement. Each party hereby agrees to indemnify and defend the other against and to hold the other harmless from any and all loss, cost, liability or expense (including but not limited to attorneys' fees and returned commissions) resulting from any claim for Real Estate Compensation by any person or entity based upon such acts.

Brokerage Commissions and Finder’s Fees. (a) Each party to this Agreement warrants to the other that, except as otherwise provided in subparagraph subsection (b) below, no person or entity can properly claim a right to a real estate commission, real estate finder's fee, real estate acquisition fee or other real estate brokerage-type compensation (collectively, "Real Estate Compensation") based upon the acts of that party with respect to the transaction contemplated by this Agreement. Each party hereby agrees to indemnify and defend the other against and to hold the other harmless from any and all loss, cost, liability or expense (including but not limited to attorneys' fees and returned commissions) resulting from any claim for Real Estate Compensation by any person or entity based upon such acts.

Brokerage Commissions and Finder’s Fees. (a) Each party to this Agreement warrants to the other that, except as otherwise provided in subparagraph (b) below, that no person or entity can properly claim a right to a real estate commission, real estate finder's ’s fee, real estate acquisition fee or other real estate brokerage-type compensation (collectively, "“Real Estate Compensation"”) based upon the acts of that party with respect to the transaction contemplated by this Agreement, except as provided at the end of this Section 7.2. Each party hereby agrees to indemnify and defend the other against and to hold the other harmless from any and all loss, cost, liability or expense (including but not limited to attorneys' ’ fees and returned commissions) resulting from any claim for Real Estate Compensation by any person or entity based upon such acts.. Notwithstanding the foregoing,