COMPENSATION DISCLOSURE. Recipient’s Broker and Recipient acknowledge that Avison Young is the sole agent for the Owner in connection with any transaction with the Recipient, and that Avison Young will be compensated by the Owner. Recipient’s Broker and Recipient further acknowledges that no co-brokerage commissions, referral fees or other compensation will be paid to Recipient’s Broker by the Owner in connection with any transaction consummated between Recipient and the Owner. Any compensation to Recipient’s Broker for this transaction shall be paid solely by Recipient. Recipient’s Broker and Recipient, jointly and severally hereby agree to indemnify and hold harmless each of Broker and the Owner against any and all costs, loss, liability or expense, including attorney’s fees, arising from claims by any other broker or other parties claiming to have had dealings with Recipient’s Broker or Recipient in connection with the sale of the Property.
Appears in 9 contracts
Samples: Confidentiality Agreement, Confidentiality Agreement, Confidentiality Agreement
