Common use of TERMINATION OR DEFAULT Clause in Contracts

TERMINATION OR DEFAULT. Owner understands that if Owner terminates, prior to the expiration of the Term, without just cause, the Broker shall retain the contract rights to a commission and recovery of advertising expenses and any other damages incurred by reason of Owner’s early termination of this Contract.

Appears in 2 contracts

Sources: Exclusive Right to Sell Listing Contract, Exclusive Right to Sell Listing Contract