Common use of Minimum Fee Clause in Contracts

Minimum Fee. The Minimum Fee applies if on termination the total fees due are less than the Minimum Fee. Where cancellation of this Agreement is unavoidable due to circumstances beyond the control of either party, the Minimum Fee may not apply and any pre-payments will be returned to the person entitled to them, less any expenses reasonably incurred to the date of cancellation. The Minimum Fee will also apply if the Agent introduces a Tenant to the Property, who finds the Property as a result of the Agents marketing efforts, or the Tenant is otherwise introduced to the Property during the Agents period of sole agency, and enters into a Tenancy Agreement with the Landlord.

Minimum Fee. The Minimum Fee applies if on termination the total fees due are less than the Minimum Fee. Where cancellation of this Agreement is unavoidable due to circumstances beyond the control of either party, the Minimum Fee may not apply and any pre-payments will be returned to the person entitled to them, less any expenses reasonably incurred to the date of cancellation. The Minimum Fee will also apply if the Agent introduces a Tenant to the Property, who finds the Property as a result of the Agents marketing efforts, or the Tenant is otherwise introduced to the Property during the Agents period of sole agency, agency and enters into a Tenancy Agreement with the Landlord.