Common use of Net Proceeds Clause in Contracts

Net Proceeds. To the extent that funds are available and after maintaining the reserve amount as 47 specified in Section 4(B), Broker shall transmit the cash balances to Owner or as otherwise directed by the client in 48 writing. Net proceeds are defined as the amount after all costs and expenses are deducted by Broker from the gross 49 proceeds from the Property 50 51

Appears in 1 contract

Samples: Residential Property Management Agreement

AutoNDA by SimpleDocs

Net Proceeds. To the extent that funds are available and after maintaining the reserve amount as 47 48 specified in Section 4(B3(B), Broker shall transmit the cash balances to Owner or as otherwise directed by the client 49 in 48 writing. Net proceeds are defined as the amount after all costs and expenses are deducted by Broker from the 50 gross 49 proceeds from the Property 50 5151 52

Appears in 1 contract

Samples: Residential Property Management Agreement

Net Proceeds. To the extent that funds are available and after maintaining the cash contingency 46 reserve amount as 47 specified in Section 4(B3(b), Broker shall transmit the cash balances to Owner or as otherwise 47 directed by the client in 48 writing. Net proceeds are defined as the amount after all costs and expenses are deducted 48 by Broker from the gross 49 proceeds from the Property 50 5149

Appears in 1 contract

Samples: Residential Property Management Agreement

AutoNDA by SimpleDocs

Net Proceeds. To the extent that funds are available and after maintaining the reserve amount as 47 48 specified in Section 4(B3(B), Broker shall transmit the cash balances to Owner or as otherwise directed by the client 49 in 48 writing. Net proceeds are defined as the amount after all costs and expenses are deducted by Broker from the 50 gross 49 proceeds from the Property 50 51

Appears in 1 contract

Samples: Residential Property Management Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.