Assignment of Broker. Assign Altisource affiliate RHSS broker or select referral broker where Altisource affiliate RHSS broker is not available, as further set forth in the Acquisition and Sales Support SOW herein. Execute formal listing agreement provided by Altisource with selected broker.
Assignment of Broker. For each Retail Property, Altisource or its Affiliate will recommend to Residential a duly licensed real estate agent experienced in the market in which such Retail Property is situated (the “Referral Listing Agent”) to list and market the Retail Property. Altisource’s recommendation shall be accompanied by such Referral Listing Agent’s list of homes sold in the subject market in the last 12 months and any other relevant information requested by Residential for evaluating the Referral Listing Agent’s ability. Residential shall have 5 business days to approve or disapprove such Referral Listing Agent. Any failure by Residential to disapprove such Referral Listing Agent within this 5 business day period shall be deemed an approval of such Referral listing Agent. If the Referral Listing Agent is disapproved Altisource shall use commercially reasonable efforts to provide a new recommendation within 5 business days. If Residential approves or is deemed to have approved the Referral Listing Agent, then Residential authorizes Altisource to execute and enter into a listing agreement on Residential’s behalf with each Referral Listing Agent. Notwithstanding the foregoing or anything to the contrary contained herein, Altisource shall not be responsible or held liable for the errors and omissions of any Referral Listing Agent. Residential agrees that the Referral Listing Agent shall be authorized to act as a dual agent or other similar capacity such that the Referral Listing Agent would have obligations to both Residential as the seller and to the buyer of any Retail Property. Residential authorizes Altisource to execute on Residential’s behalf any consents, disclosures or other documents relating to the Referral Listing Agent’s dual agent capacity in accordance with local customs and practice.
Assignment of Broker. USA reserves the right to honor a Broker of Record (hereinafter “BOR”) letter that is written and endorsed by an executive of the Client Company on the Client Company’s letterhead. If a BOR is received on an established Client Company the incumbent Broker will have a 5 day rescission period from the time the Broker is notified that a BOR was received. The following month’s commission on the respective Client Company for which a BOR was received, will be paid to the broker listed on the most current BOR on file. For a Client Company that is still in the quoting process, upon receipt of a BOR any quotes will be immediately released to the new Broker.
Assignment of Broker. If this Agreement is assigned by Broker either voluntarily or by operation of law (including, without limitation, any assignment by operation of law or otherwise upon the revocation of the corporate charter of Broker), without Owner’s prior written consent, to the extent required by Section 9.3.
