Common use of Business Transaction Clause in Contracts

Business Transaction. For purposes of this Agreement, the “Business Transaction” shall be defined as assisting Client in finding clients on the terms and conditions acceptable to Client. The Client reserves all rights, in its sole and absolute discretion, and without any obligation to pay a Finder’s Fee or any other sum to Finder, to withdraw from negotiations concerning any proposed Business Transaction, and/or accept or reject any finding by the Finder, or all or part of any proposed Business Transaction, at any time, with or without cause. As used herein, “consummation” of the Business Transaction shall not be deemed to have occurred unless and until, among other things: [Describe Conditions to be Paid the Finder’s Fee] 3. Term and Retention Period. The non-exclusive right granted by this Agreement shall commence on November 30, 2020 (“Effective Date”) and the “Retention Period” shall continue for [Insert the Term of the Agreement] at which point either party may indicate to the other, in writing, its prospective intention to terminate this Agreement. Finder shall be entitled to its Finder’s Fee during the Retention Period, or, in the event a Business Transaction is consummated after the termination of the Retention Period, and under the terms of this Agreement, within 30 days of the consummation of the Business Transaction. 4.

Appears in 3 contracts

Samples: Finders Fee Agreement, stlukesfp.org, static1.squarespace.com

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Business Transaction. For purposes of this Agreement, the “Business Transaction” shall be defined as assisting Client in finding clients on the terms and conditions acceptable to Client. The Client reserves all rights, in its sole and absolute discretion, and without any obligation to pay a Finder’s Fee or any other sum to Finder, to withdraw from negotiations concerning any proposed Business Transaction, and/or accept or reject any finding by the Finder, or all or part of any proposed Business Transaction, at any time, with or without cause. As used herein, “consummation” of the Business Transaction shall not be deemed to have occurred unless and until, among other things: [Describe Conditions to be Paid the Finder’s Fee] 3. Term and Retention Period. The non-exclusive right granted by this Agreement shall commence on November 30, 2020 (“Effective Date”) and the “Retention Period” shall continue for [Insert the Term of the Agreement] at which point either party may indicate to the other, in writing, its prospective intention to terminate this Agreement. Finder shall be entitled to its Finder’s Fee during the Retention Period, or, in the event a Business Transaction is consummated after the termination of the Retention Period, and under the terms of this Agreement, within 30 days of the consummation of the Business Transaction. 4.

Appears in 1 contract

Samples: S Fee Agreement

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Business Transaction. For purposes of this Agreement, the “Business Transaction” shall be defined as assisting Client in finding clients on the terms and conditions acceptable to Client. The Client reserves all rights, in its sole and absolute discretion, and without any obligation to pay a Finder’s Fee or any other sum to Finder, to withdraw from negotiations concerning any proposed Business Transaction, and/or accept or reject any finding by the Finder, or all or part of any proposed Business Transaction, at any time, with or without cause. As used herein, “consummation” of the Business Transaction shall not be deemed to have occurred unless and until, among other things: [Describe Conditions to be Paid the Finder’s Fee] 3. Term and Retention Period. The non-non- exclusive right granted by this Agreement shall commence on November 30, 2020 (“Effective Date”) and the “Retention Period” shall continue for [Insert the Term of the Agreement] at which point either party may indicate to the other, in writing, its prospective intention to terminate this Agreement. Finder shall be entitled to its Finder’s Fee during the Retention Period, or, in the event a Business Transaction is consummated after the termination of the Retention Period, and under the terms of this Agreement, within 30 days of the consummation of the Business Transaction. 4.

Appears in 1 contract

Samples: Finders Fee Contract Agreement

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