Brokerage Obligations. Seller is represented by HLHZ as its exclusive sale agent with respect to the transactions contemplated herein pursuant to an order entered or to be by the Bankruptcy Court and HLHZ's commission, fees and expenses are to be paid by the Seller in accordance with the terms and provisions of such order. The Seller and the Buyer each represent and warrant to the other that, except for HLHZ, such party has incurred no liability to any real estate broker or other broker or agent with respect to the payment of any commission regarding the consummation of the transaction contemplated hereby. Except for any claims of HLHZ (which are to be handled and satisfied by Seller in accordance with the above referenced order), it is agreed that if any claims for commissions, fees or other compensation, including, without limitation, brokerage fees, finder's fees, or commissions are ever asserted against Buyer or the Seller in connection with this transaction, all such claims shall be handled and, to the extent liability is established, paid by the party whose actions form the basis of such claim and such party shall indemnify, defend (with counsel reasonably satisfactory to the party entitled to indemnification), protect, and save and hold the other harmless from and against any and all such claims or demands asserted by any person, firm or corporation in connection with the transaction contemplated hereby.
Brokerage Obligations. Sellers and Purchaser each represent and warrant to the other that such party has incurred no liability to any broker or other broker or agent with respect to the payment of any commission regarding the consummation of the transactions contemplated hereby. If any claims for commissions, fees or other compensation, including, without limitation, brokerage fees, finder’s fees, or commissions are ever asserted against Purchaser or any Seller in connection with the transactions contemplated hereby, all such claims shall be handled and paid by the party whose actions form the basis of such claim and such party shall indemnify, defend (with counsel reasonably satisfactory to the party entitled to indemnification), protect and save and hold the other harmless from and against any and all such claims or demands asserted by any Person in connection with the transactions contemplated hereby.
Brokerage Obligations. The Seller is represented by Houlihan Lokey Howard & Zukin ("HLHZ") as its exclusive sale agxxx xxxh xxxxxxx xo thx xxxnsactions contemplated herein. HLHZ's commission, fees, and expenses are to be paid by the Seller directly from sales proceeds as a cost of the sale and in accordance with the terms and provisions of HLHZ's employment agreement with the Seller. The Seller and the Buyer each represent and warrant to the other that, except for the obligation of the Seller to HLHZ, such party has incurred no Liability to any real estate broker or agent with respect to the payment of any commission regarding the consummation of the transaction contemplated hereby. Except for any claims of HLHZ against the Seller (which are to be handled and satisfied by the Seller in accordance with the above referenced order), it is agreed that if any claims for commissions, fees, or other compensation, including, without limitation, brokerage fees, finder's fees, or commissions are ever asserted against the Buyer or the Seller in connection with this transaction, all such claims shall be handled and paid by the party whose actions form the basis of such claim and such party shall indemnify, defend (with counsel reasonably satisfactory to the party entitled to indemnification), protect, and save and hold the other harmless from and against any and all such claims or demands asserted by any person, firm, or corporation in connection with the transaction contemplated hereby.
Brokerage Obligations. Except for Houlihan, Lokey, Xxxxxx & Xxxxx (the “Broker”), which Broker Sellers have engaged in connection with this transaction, Sellers and the Buyer each represent and warrant to the other that such party has incurred no liability to any real estate broker or other broker or agent with respect to the payment of any commission regarding the consummation of the transaction contemplated hereby. It is agreed that other than the fee or commission payable to the Broker (which shall be paid to the Broker concurrently with, and out of the proceeds payable to the Sellers at, the Closing), if any claims for commissions, fees or other compensation, including, without limitation, brokerage fees, finder’s fees, or commissions, are ever asserted against Buyer or the Sellers in connection with this transaction, all such claims shall be handled and paid by the party whose actions form the basis of such claim and such party shall indemnify, defend (with counsel reasonably satisfactory to the party entitled to indemnification), protect and save and hold the other harmless from and against any and all such claims or demands asserted by any person, firm or corporation in connection with the transaction contemplated hereby.
Brokerage Obligations. Seller is represented by Houlihan, Lokey, Xxxxxx & Xxxxx ("HLHZ") as its exclusive sale agent with respect to the transactions contemplated herein pursuant that certain order entered by the Bankruptcy Court on October 30, 2001, and HLHZ's commission, fees and expenses are to be paid by Seller in accordance with the terms and provisions of such order. Seller and Buyer each represent and warrant to the other that, except for HLHZ, such party has incurred no liability to any broker or agent (including, without limitation, any real estate broker or agent) with respect to the payment of any commission regarding the consummation of the transaction contemplated hereby. Except for any claims of HLHZ (which are to be handled and satisfied by Seller in accordance with the above referenced order), it is agreed that if any claims for commissions, fees or other compensation, including, without limitation, brokerage fees, finder's fees, or commissions are ever asserted against Buyer or Seller in connection with this transaction, all such claims shall be handled and paid by the party whose actions form the basis of such claim and such party shall indemnify, defend (with counsel reasonably satisfactory to the party entitled to indemnification), protect, and save and hold the other harmless from and against any and all such claims or demands asserted by any person, firm or corporation in connection with the transaction contemplated hereby.
Brokerage Obligations. No broker, finder, investment banker or financial advisor has acted directly or indirectly for AWG, nor has AWG incurred any obligation to pay any brokerage or finder's fee or other commission or similar fee in connection with the transactions contemplated by this Agreement. AWG shall indemnify and hold harmless Purchaser with respect to any and all claims for broker's fees, finder's fees, commissions, or similar fees arising out of or related to the transactions under this Agreement.
Brokerage Obligations. No broker, finder, investment banker or financial advisor has acted directly or indirectly for Purchaser, nor has Purchaser incurred any obligation to pay any brokerage or finder's fee or other commission or similar fee in connection with the transactions contemplated by this Agreement. Purchaser shall indemnify and hold harmless AWG with respect to any and all claims for broker's fees finder's fees, commissions, or similar fees arising out of or related to the transactions under this Agreement.
Brokerage Obligations. All obligations of Seller under the Brokerage Agreements with respect to the current, unexpired term of Leases existing as of the date hereof relating to the Properties shall have been paid or credited with respect to the Closing for the account of the Company against the applicable Consideration, except for any obligations and commissions becoming due and payable following the date of this Agreement and (x) resulting from the exercise of renewal or expansion options by tenants or (y) arising in connection with any new leases signed after the date hereof in accordance with the terms of this Agreement.
Brokerage Obligations. On the Closing Date, Purchaser shall assume the obligations of the applicable Sellers under the Brokerage Commission Agreements identified on Exhibit YY annexed hereto, but only to the extent of commissions that become due and payable thereunder as a result of the exercise by the applicable tenant of an extension or expansion right after the Closing Date. Sellers have advised Purchaser that the brokers identified on Exhibit YY annexed hereto may be entitled to commissions in connection with the tenancies identified on Exhibit YY, but that there are no written agreements with any such brokers. Purchaser agrees to pay a broker listed on Exhibit YY a commission upon the exercise by any applicable tenant of an extension or expansion right after the Closing Date but only to the extent such obligation is stated on Exhibit YY.
Brokerage Obligations. Seller and the Buyer each represent and warrant to the other that, such party has incurred no liability to any real estate broker or agent with respect to the payment of any commission regarding the consummation of the transaction contemplated hereby. It is agreed that if any claims for commissions, fees or other compensation, including, without limitation, brokerage fees, finder's fees, or commissions are ever asserted against Buyer or the Seller in connection with this transaction, all such claims shall be handled and paid by the party whose actions form the basis of such claim and such party shall indemnify, defend (with counsel reasonably satisfactory to the party entitled to indemnification), protect and save and hold the other harmless from and against any and all such claims or demands asserted by any person, firm or corporation in connection with the transaction contemplated hereby.
