Brokers and/or Real Estate Agents. Each of the Landlord and the Tenant represents, acknowledges and agrees that it is not represented by any real estate broker/agent and that it is not responsible for payment of any commissions to any real estate brokers/agents in connection with this Ground Lease.
Brokers and/or Real Estate Agents. The Landlord and the Tenant each represent to the other party that they have dealt with no brokers in connection with the negotiation, execution and/or delivery of the Option Agreement or this Ground Lease, and that no party is entitled to any broker’s commission, finder’s fee or similar payment with respect to this Ground Lease arising from the representing party’s actions. If any other person shall assert a claim to a finder’s fee, brokerage commission or other compensation on account of alleged employment as finder or broker in connection with this transaction, the party against whom the purported finder or broker is claiming shall indemnify, defend and hold the other party harmless from and against any such claim and any and all costs, expenses and liabilities incurred in connection with such claim or any action or proceeding brought thereon, including reasonable attorneys’ fees and court costs in defending such claim.
Brokers and/or Real Estate Agents. Neither party to this Ground Lease shall be liable for any real estate brokers’ or leasing agents’ commissions in the absence of a written agreement.
Brokers and/or Real Estate Agents. Except with respect to the participation of Xxxxxxxx Real Estate Corporation in assisting the Tenant and the Landlord to structure this transaction, each of the Landlord and the Tenant represents, acknowledges and agrees that it is not represented by any other real estate broker/agent and that, except as provided below, it is not responsible for payment of any other commissions to any real estate brokers/agents in connection with this Ground Lease. The Tenant has previously paid to Xxxxxxxx Real Estate Corporation commissions under the relevant Option Agreement(s). The Landlord agrees that it is responsible for payment of any and all commissions owed to Xxxxxxxx Real Estate Corporation pursuant to this Ground Lease, which shall be the sum of (a) four percent (4%) of the Initial Parcels Rent plus (b) two percent (2%) of the Subsequent Parcel Rent, for the Term and any Extended Term of this Ground Lease, commencing on the Ground Lease Commencement Date.
Brokers and/or Real Estate Agents. Neither party to this Ground Lease shall be liable for any real estate brokers’ or leasing agents’ commissions in the absence of a written agreement which expressly provides therefor and, which is to be charged, however, District acknowledges that it is responsible for the payment of a real estate commission to Realty Source, Inc., its assigns and/or successors in the amount set forth in agreements between the District and Realty Source, Inc. dated November 9, 1998 and September 13, 2001. District hereby agrees to indemnify, defend and hold Tenant harmless from all claims for any real estate brokers’ or leasing commissions arising through the District.
