Common use of REAL ESTATE BROKER Clause in Contracts

REAL ESTATE BROKER. Except for a broker or finder who may have been engaged by Transferor and for whom Transferor accepts sole financial responsibility, and except for any broker or finder who may have been engaged by Transferee and for whom Transferee accepts sole financial responsibility, there is no real estate broker involved in this transaction. Transferee warrants and represents to Transferor that Transferee has not dealt with any other real estate broker in connection with this transaction, nor has Transferee been introduced to the Property or to Transferor by any other real estate broker, and Transferee shall indemnify Transferor and save and hold Transferor harmless from and against any claims, suits, demands or liabilities of any kind or nature whatsoever arising on account of the claim of any person, firm or corporation to a real estate brokerage commission or a finder's fee as a result of having dealt with Transferee, or as a result of having introduced Transferee to Transferor or to the Property. In like manner, Transferor warrants and represents to Transferee that Transferor has not dealt with any real estate broker in connection with this transaction, nor has Transferor been introduced to Transferee by any real estate broker, and Transferor shall indemnify Transferee and save and hold Transferee harmless from and against any claims, suits, demands or liabilities of any kind or nature whatsoever arising on account of the claim of any person, firm or corporation to a real estate brokerage commission or a finder's fee as a result of having dealt with Transferor in connection with this transaction. Transferee acknowledges that Xxxxx X. Xxxx, an officer of the Transferee, is a licensed California real estate broker but is not acting as a broker in relation to this Agreement.

Appears in 6 contracts

Samples: Contribution and Leaseback Agreement (Golf Trust of America Inc), Contribution and Leaseback Agreement (Golf Trust of America Inc), Contribution and Leaseback Agreement (Golf Trust of America Inc)

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REAL ESTATE BROKER. Except for a broker or finder who may have been engaged by Transferor Seller and for whom Transferor Seller accepts sole financial responsibility, and except for any broker or finder who may have been engaged by Transferee Buyer and for whom Transferee Buyer accepts sole financial responsibility, there is no real estate broker involved in this transaction. Transferee Buyer warrants and represents to Transferor Seller that Transferee Buyer has not dealt with any other real estate broker in connection with this transaction, nor has Transferee Buyer been introduced to the Property or to Transferor Seller by any other real estate broker, and Transferee Buyer shall indemnify Transferor Seller and save and hold Transferor Seller harmless from and against any claims, suits, demands or liabilities of any kind or nature whatsoever arising on account of the claim of any person, firm, or corporation to a real estate brokerage commission or a finder's fee as a result of having dealt with Buyer, or as a result of having introduced Buyer to Seller or to the Property. In like manner, Seller warrants and represents to Buyer that Seller has not dealt with any real estate broker in connection with this transaction, nor has Seller been introduced to Buyer by any real estate broker, and Seller shall indemnify Buyer and save and hold harmless from and against any claims, suits, demands or liabilities of any kind or nature whatsoever arising on account of the claim of any person, firm or corporation to a real estate brokerage commission or a finder's fee as a result of having dealt with Transferee, or as a result of having introduced Transferee to Transferor or to the Property. In like manner, Transferor warrants and represents to Transferee that Transferor has not dealt with any real estate broker in connection with this transaction, nor has Transferor been introduced to Transferee by any real estate broker, and Transferor shall indemnify Transferee and save and hold Transferee harmless from and against any claims, suits, demands or liabilities of any kind or nature whatsoever arising on account of the claim of any person, firm or corporation to a real estate brokerage commission or a finder's fee as a result of having dealt with Transferor Seller in connection with this transaction. Transferee Buyer acknowledges that Xxxxx X. Xxxx, an officer of the TransfereeBuyer, is a licensed California real estate broker but is not acting as a broker in relation to this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Golf Trust of America Inc)

REAL ESTATE BROKER. Except for a broker or finder who may have been engaged by Transferor and for whom Transferor accepts sole financial responsibility, and except for any broker or finder who may have been engaged by Transferee and for whom Transferee accepts sole financial responsibility, there is no real estate broker involved in this transaction. Transferee warrants and represents to Transferor that Transferee has not dealt with any other real estate broker in connection with this transaction, nor has Transferee been introduced to the Property or to Transferor by any other real estate broker, and Transferee shall indemnify Transferor and save and hold Transferor harmless from and against any claims, suits, demands or liabilities of any kind or nature whatsoever arising on account of the claim of any person, firm or corporation to a real estate brokerage commission or a finder's fee as a result of having dealt with Transferee, or as a result of having introduced Transferee to Transferor or to the Property. In like manner, Transferor warrants and represents to Transferee that Transferor has not dealt with any real estate broker in connection with this transaction, nor has Transferor been introduced to Transferee by any real estate broker, and Transferor shall indemnify Transferee and save and hold Transferee harmless from and against any claims, suits, demands or liabilities of any kind or nature whatsoever arising on account of the claim of any person, firm or corporation to a real estate brokerage commission or a finder's fee as a result of having dealt with Transferor in connection with this transaction. Transferee Transferor acknowledges that Xxxxx X. Xxxx, an officer of the Transferee, is a licensed California real estate broker but is not acting as a broker in relation to this Agreement.

Appears in 1 contract

Samples: Contribution and Leaseback Agreement (Golf Trust of America Inc)

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REAL ESTATE BROKER. Except for a broker or finder who may have been engaged by Transferor Seller and for whom Transferor Seller accepts sole financial responsibility, and except for any broker or finder who may have been engaged by Transferee Buyer and for whom Transferee Buyer accepts sole financial responsibility, there is no real estate broker involved in this transaction. Transferee Buyer warrants and represents to Transferor Seller that Transferee Buyer has not dealt with any other real estate broker in connection with this transaction, nor has Transferee Buyer been introduced to the Property or to Transferor Seller by any other real estate broker, and Transferee Buyer shall indemnify Transferor Seller and save and hold Transferor Seller harmless from and against any claims, suits, demands or liabilities of any kind or nature whatsoever arising on account of the claim of any person, firm, or corporation to a real estate brokerage commission or a finder's fee as a result of having dealt with Buyer, or as a result of having introduced Buyer to Seller or to the Property. In like manner, Seller warrants and represents to Buyer that Seller has not dealt with any real estate broker in connection with this transaction, nor has Seller been introduced to Buyer by any real estate broker, and Seller shall indemnify Buyer and save and hold harmless from and against any claims, suits, demands or liabilities of any kind or nature whatsoever arising on account of the claim of any person, firm or corporation to a real estate brokerage commission or a finder's fee as a result of having dealt with Transferee, or as a result of having introduced Transferee to Transferor or to the Property. In like manner, Transferor warrants and represents to Transferee that Transferor has not dealt with any real estate broker in connection with this transaction, nor has Transferor been introduced to Transferee by any real estate broker, and Transferor shall indemnify Transferee and save and hold Transferee harmless from and against any claims, suits, demands or liabilities of any kind or nature whatsoever arising on account of the claim of any person, firm or corporation to a real estate brokerage commission or a finder's fee as a result of having dealt with Transferor Seller in connection with this transaction. Transferee acknowledges Buyer represents that Xxxxx X. Xxxx, an officer of the TransfereeBuyer, is a licensed California real estate broker but is not acting as a broker in relation to this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Golf Trust of America Inc)

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