Common use of Agency Appointment Clause in Contracts

Agency Appointment. In consideration of the Licensee agreeing to use the Licensee’s best endeavours to sell the Property the Licensee is appointed and authorised to sell the Property on behalf of the Principal, as exclusive selling agent for the sale of the Property, for the period (“the Exclusive Agency Period”) commencing on / / and ending at midnight on / / AND as non-exclusive agent for the sale of the Property for the period (“the Non-exclusive Agency Period”) commencing at the expiration of the Exclusive Agency Period and terminating upon the sale of the Property or upon termination by seven days prior written notice given by the Principal or the Licensee to the other.

Agency Appointment. In consideration of the Licensee agreeing to use the Licensee’s best endeavours to sell the Property Business the Licensee is appointed and authorised to sell the Property Business on behalf of the Principal, as exclusive selling agent for the sale of the PropertyBusiness, for the period (“the Exclusive Agency Period”) commencing on / / and ending at midnight on / / AND as non-exclusive agent for the sale of the Property Business for the period (“the Non-exclusive Agency Period”) commencing at the expiration of the Exclusive Agency Period and terminating upon the sale of the Property Business or upon termination by seven days prior written notice given by the Principal or the Licensee to the other.