Outside Broker definition

Outside Broker. For Tenant: B▇▇▇ ▇▇▇▇▇▇▇▇ and B▇▇ ▇▇▇▇ CB R▇▇▇▇▇▇ ▇▇▇▇▇ For Landlord: M▇▇▇ ▇▇▇▇▇▇, CB R▇▇▇▇▇▇ ▇▇▇▇▇ Permitted Use: Bulk distribution warehouse and incidental office space Tenant’s Proportionate Share: 54.48% Addenda: None

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Outside Broker means a real estate broker other than Agent assisting with leasing efforts at the Property. The parties do not contemplate any Outside Brokers being utilized except in connection with the representation of prospective tenants.

Outside Broker means a Person who is a real estate broker licensed by the District, including agents of Manager or affiliates of Manager, other than those individuals who comprise the project team responsible for leasing the Property.

Examples of Outside Broker in a sentence

Manager agrees not to enter into any agreement with an Outside Broker without the prior approval of the terms of such agreement by Owner.
Manager shall retain for its own account the remainder of the Commission and Outside Broker Commission after paying to the Outside Tenant Broker all amounts due and payable to the Outside Tenant Broker in connection with such Lease transaction and Manager shall be responsible for payment of any amounts in excess of the Owner Commission Cap with respect to any particular Lease.
Buyer is represented by an Outside Broker; or This transaction has been converted to an Intermediary Transaction.
Manager shall use its commercially reasonable efforts to cause any Outside Broker involved in such Lease transaction to enter into, prior to the time that it may be reasonably anticipated that negotiations of a Lease shall be entered into or such other time that Owner directs that Manager do so, a form of agreement between Manager and any Outside Broker as Manager and Owner may approve (each of the foregoing sometimes herein called an “Authorized Outside Broker Agreement”).
Asset Manager shall be fully responsible for negotiating the commission or other compensation due to such Outside Broker and for the payment of any amount due to such Outside Broker.
Notwithstanding the foregoing, Owner’s consent shall not be required in connection with an Outside Broker engaged by a prospective Tenant in connection with leasing space in a Project (an “Outside Tenant Broker”).
Any commission due to Outside Broker shall be based upon Gross Rent.
Nothing contained herein shall be deemed to create any right in any Outside Broker as a third party beneficiary and neither Owner nor Manager shall have any obligation of any kind with respect to any Outside Broker unless a written commission agreement is executed between Owner or Manager and such Outside Broker.
This agreement is not valid unless fully signed by both Landlord and Outside Broker.
Agent will advise Owner of the involvement of any Outside Broker.

More Definitions of Outside Broker

Outside Broker shall have the meaning ascribed to such term in Subsection 8.13.1(a) hereof.

Outside Broker means any broker or sales person other than Broker.

Outside Broker shall include any broker, representative or affiliate of Agent and any other division of Agent, the employees of which are not working directly with the Representative on this assignment, provided that if Agent or any affiliate of Agent is also the Outside Broker in a lease transaction, Owner shall not be obligated to pay more than 95% of one commission in the aggregate, determined in accordance with the provisions of this Agreement, in connection with such transaction. Section