Common use of Commission Paid Over the Term of Lease Clause in Contracts

Commission Paid Over the Term of Lease. In the event Firm elects in writing to collect a commission over the term of the lease, the commission is percent ( %) of the total rent collected from tenant or $ per collection period, whichever is more, payable within ten (10) days of the receipt of each lease payment by Client during the term of the lease. ❑ If this box is checked, notwithstanding the foregoing, in the event that there is no cooperating agent involved in a lease transaction, the commission stated in (a) above shall be adjusted to percent ( %) of the total rent for the first months in which rent is to be paid, plus percent ( %) of the total rent for the remainder of the term or $ (flat fee), or, if Firm elects in writing to have (b) above apply, the greater of percent ( %) of the total rent collected from tenant or $ per collection period. For purposes of this subsection only, “cooperating agent” shall mean any agent other than the individual licensee signing on behalf of Firm below.

Appears in 3 contracts

Samples: Sell Listing Agreement, Listing Agreement, Sell Listing Agreement

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Commission Paid Over the Term of Lease. In the event Firm elects in writing to collect a commission over the term of the lease, the commission is percent ( %) of the total rent collected from tenant or $ per collection period, whichever is more, payable within ten (10) days of the receipt of each lease payment by Client during the term of the lease. If this box is checked, notwithstanding the foregoing, in the event that there is no cooperating agent involved in a lease transaction, the commission stated in (a) above shall be adjusted to percent ( %) of the total rent for the first months in which rent is to be paid, plus percent ( %) of the total rent for the remainder of the term or $ (flat fee), or, if Firm elects in writing to have (b) above apply, the greater of percent ( %) of the total rent collected from tenant or $ per collection period. For purposes of this subsection only, “cooperating agent” shall mean any agent other than the individual licensee signing on behalf of Firm below.

Appears in 3 contracts

Samples: Sell Listing Agreement, Sell Listing Agreement, Sell Listing Agreement

Commission Paid Over the Term of Lease. In the event Firm elects in writing to collect a commission over the term of the lease, the commission is percent ( %) of the total rent collected from tenant or $ per collection period, whichever is more, payable within ten (10) days of the receipt of each lease payment by Client during the term of the lease. If this box is checked, notwithstanding the foregoing, in the event that there is no cooperating agent involved in a lease transaction, the commission stated in (a) above shall be adjusted to percent ( %) of the total rent for the first months in which rent is to be paid, plus percent ( %) of the total rent for the remainder of the term or $ (flat fee), or, if Firm elects in writing to have (b) above apply, the greater of percent ( %) of the total rent collected from tenant or $ per collection period. SAMPLE For purposes of this subsection only, “cooperating agent” shall mean any agent other than the individual licensee signing on behalf of Firm below.

Appears in 2 contracts

Samples: Sell Listing Agreement, Sell Listing Agreement

Commission Paid Over the Term of Lease. In the event Firm elects in writing to collect a commission over the term of the lease, the commission is percent ( %) of the total rent collected from tenant or $ per collection period, whichever is more, payable within ten (10) days of the receipt of each lease payment by Client during the term of the lease. ❑ If this box is checked, notwithstanding the foregoing, in the event that there is no cooperating agent involved in a lease transaction, the commission stated in (a) above shall be adjusted to percent ( %) of the total rent for the first months in which rent is to be paid, plus percent ( %) of the total rent for the remainder of the term or $ (flat fee), or, if Firm elects in writing to have (b) above apply, the greater of percent ( %) of the total rent collected from tenant or $ per collection period. SAMPLE For purposes of this subsection only, “cooperating agent” shall mean any agent other than the individual licensee signing on behalf of Firm below.

Appears in 1 contract

Samples: Sell Listing Agreement

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Commission Paid Over the Term of Lease. In the event Firm elects in writing to collect a commission over the term of the lease, the commission is percent ( %) of the total rent collected from tenant or $ per collection period, whichever is more, payable within ten (10) days of the receipt of each lease payment by Client during the term of the lease. If this box is checked, notwithstanding the foregoing, in the event that there is no cooperating agent involved in a lease transaction, the commission stated in (a) above shall be adjusted to percent ( %) of the total rent for the first _ months in which rent is to be paid, plus percent ( %) of the total rent for the remainder of the term or $ (flat fee), or, if Firm elects in writing to have (b) above apply, the greater of percent ( %) of the total rent collected from tenant or $ per collection period. For purposes of this subsection only, “cooperating agent” shall mean any agent other than the individual licensee signing on behalf of Firm below.

Appears in 1 contract

Samples: Sell Listing Agreement

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