Broker Commission. If the Closing occurs, then, at the Closing for such Property, (i) each Seller agrees to pay the Sellers’ Broker for such Property a commission according to the terms of a separate contract and (ii) each Seller agrees to pay the Transaction Broker a commission according to the terms of a separate contract. Sellers’ Broker and the Transaction Broker shall not be deemed a party or third party beneficiary of this Contract. As a condition to each Seller’s obligation to pay the commission, each Sellers’ Broker and the Transaction Broker shall execute the signature page for such Broker attached hereto solely for purposes of confirming the matters set forth therein.
Appears in 5 contracts
Samples: Purchase and Sale Contract, Purchase and Sale Contract (Century Properties Fund Xvi), Purchase and Sale Contract (Angeles Income Properties LTD 6)
