Compensation for Third-Party Brokers. Asset Manager shall negotiate and enter into on behalf of the Company a commission agreement with third party brokers providing for a leasing commission to be paid at prevailing market rates, subject to prevailing market terms and conditions. Such leasing commission shall be paid by the Company.
Appears in 5 contracts
Samples: Management Agreement (Lexington Corporate Properties Trust), Operating Agreement (Lexington Corporate Properties Trust), Operating Agreement (Lexington Corporate Properties Trust)
Compensation for Third-Party Brokers. Asset Manager shall negotiate and enter into on behalf of the Company Partnership a commission agreement with third party brokers providing for a leasing commission to be paid at prevailing market rates, subject to prevailing market terms and conditions. Such leasing commission shall be paid by the CompanyPartnership.
Appears in 3 contracts
Samples: Management Agreement (Lexington Master Limited Partnership), Limited Partnership Agreement (Lexington Corporate Properties Trust), Management Agreement (Lexington Realty Trust)