Common use of When Earned; When Payable Clause in Contracts

When Earned; When Payable. Lease. This Lease fee is earned upon the mutual execution of the Lease. 146 One-half of this Lease fee is payable upon mutual execution of the Lease and one-half upon possession of the premises by tenant 147 or as follows: . 148 If the Lease, executed after the date of this Buyer Listing Contract, contains an option to extend or renew, or if Buyer 149 expands into additional space within the building or complex where the Property is located, Brokerage Firm Will Will Not 150 be paid a fee upon exercise of such extension or renewal option or expansion. If Brokerage Firm is to be paid a fee for such 151 extension, renewal or expansion, the amount of such fee and its payment are as follows: . 152 7.3. Who Will Pay Brokerage Firm’s Fee.

When Earned; When Payable. Lease. This Lease fee is earned upon the mutual execution of the Lease. 146 One-One- 144 half of this Lease fee is payable upon mutual execution of the Lease and one-half upon possession of the premises by tenant 147 or as 145 follows: . 148 If the Lease, executed after the date of this Buyer Listing Contract, contains an option to extend or renew, or if 146 Buyer 149 expands into additional space within the building or complex where the Property is located, Brokerage Firm Will Will 147 Not 150 be paid a fee upon exercise of such extension or renewal option or expansion. If Brokerage Firm is to be paid a fee for such 151 148 extension, renewal or expansion, the amount of such fee and its payment are as follows: . 152 7.3. Who Will Pay Brokerage Firm’s Fee.: