Procuring Broker definition
Examples of Procuring Broker in a sentence
Landlord agrees to pay Procuring Broker a real estate commission equal to Six Dollars and no/100 ($6.00) per rentable square foot based upon the entire Premises which equals 31,751 rentable square feet (the “Procuring Broker Commission”).
Each of Landlord and Tenant warrants to each other that it has had no dealings with any real estate broker or agent other than Procuring Broker as stated in paragraph 13 of the Lease Preamble in connection with the negotiation of the Lease, and that it knows of no other real estate broker or agent who is entitled to any commission or finder's fee in connection with this Lease.
Tenant represents and warrants that it has not dealt with any real estate broker, finder or other person, with respect to this Lease in any manner, except the Procuring Broker and Tenant’s broker, CB ▇▇▇▇▇▇▇ ▇▇▇▇▇, Inc.
Landlord shall pay only any commissions or fees that are payable to the Procuring Broker with respect to this Lease pursuant to Landlord’s separate agreement with the Procuring Broker.
Other than the Listing Agent with respect to Sublandlord and the Procuring Broker with respect to Subtenant, Sublandlord and Subtenant each warrants to the other that it has not had any contact or dealings with any real estate broker or other intermediary, which would give rise to the payment of any fee or brokerage commission in connection with this Sublease.
Owner agrees to protect, defend, and hold harmless Listing Broker from any liability brought about due to commission disputes between Owner and Procuring Broker.
If Listing ▇▇▇▇▇▇ finds the buyer for this property and becomes the Procuring Broker then a conflict has arisen.
Procuring Broker and Developer: • Acceptable: 6% commission split 3% to procuring broker and 3% to Developer.
This agreement will confirm the offering by ▇▇▇▇▇▇▇ Real Estate Group (BREG), the Listing Broker to cooperate in a Real Estate commission in the event a Purchaser or Procuring Broker (Selling Broker) presents an offer to purchase, and it is accepted by the Seller, and the transaction closes, and the Seller pays a commission for the sale of the above noted property.
Tenant represents and warrants that it has not dealt with any real estate broker, finder or other person, with respect to this Lease in any manner, except the Procuring Broker .