RENTAL COMPENSATION Clause Samples

RENTAL COMPENSATION. Should the SELLER desire to rent the PROPERTY between the EFFECTIVE DATE and prior to the end of the LISTING PERIOD, LISTING BROKER is hereby granted the sole and exclusive right to rent the PROPERTY. ▇▇▇▇▇▇ agrees to pay the LISTING BROKER a rental commission of
RENTAL COMPENSATION. (a) Tenant shall provide to the Lessor, by the 31st day of December, 2004, as compensation for rental of the Premises, 100,000 common shares of the Tenant, subject to receipt from the Lessor of $10,000.00 in the lawful currency of the United States (representing a per share price of US$0.10 per share), which consideration is agreed upon by the parties to be equal to the value of monthly payments of $600.00 in the lawful currency of the United States for the first 12 months of the Sub-Lease and monthly payments of $700.00 in the lawful currency of the United States for the remaining 4 months of the Sub-Lease.