Net Proceeds. To the extent that funds are available and after maintaining the cash contingency 40 reserve amount as specified in Section 3(b), Broker shall transmit the cash balances to Owner or as otherwise 41 directed by the client in writing. Net proceeds are defined as the amount after all costs and expenses are deducted 42 by Xxxxxx from the gross proceeds from the Property
Appears in 2 contracts
Samples: Residential Property Management Agreement, Residential Property Management Agreement
Net Proceeds. To the extent that funds are available and after maintaining the cash contingency 40 27 reserve amount as specified in Section 3(b4(b), Broker Broker/Designated Property Manager shall transmit the cash balances 28 to Owner or as otherwise 41 directed by the client in writing. Net proceeds are defined as the amount after all costs and 29 expenses are deducted 42 by Xxxxxx Broker/Designated Property Manager from the gross proceeds from the Property
Appears in 2 contracts
Samples: Residential Property Management and Brokerage Agreement, Residential Property Management and Brokerage Agreement
Net Proceeds. To the extent that funds are available and after maintaining the cash contingency 40 reserve amount as 47 specified in Section 3(b4(B), Broker shall transmit the cash balances to Owner or as otherwise 41 directed by the client in 48 writing. Net proceeds are defined as the amount after all costs and expenses are deducted 42 by Xxxxxx Broker from the gross 49 proceeds from the PropertyProperty 50 51
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Net Proceeds. To the extent that funds are available and after maintaining the cash contingency 40 46 reserve amount as specified in Section 3(b), Broker shall transmit the cash balances to Owner or as otherwise 41 47 directed by the client in writing. Net proceeds are defined as the amount after all costs and expenses are deducted 42 48 by Xxxxxx Broker from the gross proceeds from the PropertyProperty 49
Appears in 1 contract
