cooperating broker definition

cooperating broker is defined as any broker other than the listing broker entitled to a share of any commission arising under this Lease. Upon execution of this Lease by both parties, Lessor shall pay to said brokers jointly, or in such separate shares as they may mutually designate in writing, a fee as set forth in a separate agreement between Lessor and said broker(s) for brokerage services rendered by said broker(s) to Lessor in this transaction.

cooperating broker is defined as any broker other than the listing broker entitled to a share of any commission arising under this Lease. Upon execution of this Lease by both parties, Lessor shall pay to said brokers jointly, or in such separate shares as they may mutually designate in writing, a fee as set forth in a separate agreement between Lessor and said broker(s).

cooperating broker means a Licensed Broker acting as a seller’s Broker or buyer’s Broker.

Examples of cooperating broker in a sentence

• The portion of the Deposit, if any, paid to Listing Broker upon default by Buyer, shall be split equally between Listing Broker and Cooperating Broker; provided however, Cooperating Broker’s share shall not be greater than the commission amount Listing Broker had agreed to pay to Cooperating Broker.

• In addition, Purchaser acknowledges that the agency relationship between the Purchaser and the Cooperating Broker has previously been disclosed to the Purchaser and that the Cooperating Broker is not acting as an agent of the Seller.

• The joinder of neither Broker nor Cooperating Broker is required to amend or terminate this Agreement.

• If for any reason Closing does not occur, including, but not limited to, the default of any party hereto, no commission will be due or paid to any Cooperating Broker and Seller and Auctioneer will have no liability on any basis and for any amount.

• If for any reason Closing does not occur, including, but not limited to, the default of any party hereto, no commission will be due or paid to any Cooperating Broker and Seller and Auction Team will have no liability on any basis and for any amount.

More Definitions of cooperating broker

cooperating broker means a broker who is assisting a buyer or a tenant in negotiations with a seller or landlord who is represented by a listing broker. A “cooperating broker” may be the agent of the buyer, the tenant, the seller, or the landlord.

cooperating broker means “any MLS Member seeking to cooperate with a Listing Broker”.

cooperating broker is defined as any broker other than the listing broker entitled to a share of any commission arising under this Lease.

cooperating broker means a Broker with whom a Cooperating Agent is associated; and where the context requires the obligations of the Cooperating Broker shall also be obligations of the Cooperating Agent.

cooperating broker is defined as any broker other than the listing broker entitled to a share of any commission arising under this Lease. Upon execution of this Lease by both parties, Lessor shall pay to said brokers jointly, or in such separate shares as they may mutually designate in writing, a fee as set forth in a separate agreement between Lessor and said broker(s), or in the event there is no separate agreement between Lessor and said broker(s), the sum of $ PER SCHEDULE for brokerage services rendered by said broker(s) to Lessor in this transaction. The commission shall be paid 50% upon execution of this Lease and 50% upon the commencement of this Lease. HOWEVER, IN NO EVENT SHALL ANY COMMISSION BE DUE IN THE EVENT LESSEE EXERCISES ITS RIGHT TO TERMINATE UNDER PARAGRAPH 52 OF THIS LEASE.

cooperating broker means a broker, other than the listing broker, that facilitates a sale by bringing a buyer to the transaction.

cooperating broker means the broker representing the tenant in the applicable Lease; however, a cooperating broker shall not be either of the Designated Agents except that the Designated Agents may represent the list of tenants set forth on Exhibit D (“Designated Agent Tenants”) and be a “cooperating broker” with regard to such Designated Agent Tenants. For purposes of this Agreement, the term “cooperating broker” shall include Broker where Broker has a bona fide tenant representation agreement. Where Broker acts as a cooperating broker, the payments described herein shall not be decreased by virtue of such fact, and Broker's total compensation shall be calculated as if a third-party cooperating broker was being compensated.