Common use of Forfeiture of Payments Clause in Contracts

Forfeiture of Payments. In the event of a forfeiture of payments made by a buyer, 355 the sums received shall be divided between Brokerage Firm and Seller, one-half thereof to Brokerage 356 Firm but not to exceed the Brokerage Firm compensation agreed upon herein, and the balance to Seller. 357 Any forfeiture of payment under this section shall not reduce any Brokerage Firm compensation under 358 § 14. 359

Appears in 1 contract

Samples: boulder-realestate.com

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Forfeiture of Payments. In the event of a forfeiture of payments made by a buyer, 355 the sums received shall will be divided between Brokerage Firm and Seller, one-half thereof to Brokerage 356 Firm but not to exceed the Brokerage Firm compensation agreed upon herein, and the balance to Seller. 357 Any forfeiture of payment under this section shall will not reduce any Brokerage Firm compensation owed, earned and payable under 358 § 14. 3597.

Appears in 1 contract

Samples: Agreement

Forfeiture of Payments. In the event of a forfeiture of payments made by a buyer, 355 the sums received shall will be 310 divided between Brokerage Firm and Seller, one-half thereof to Brokerage 356 Firm but not to exceed the Brokerage Firm 311 compensation agreed upon herein, and the balance to Seller. 357 Any forfeiture of payment under this section shall will not reduce any 312 Brokerage Firm compensation owed, earned and payable under 358 § 14. 3597.

Appears in 1 contract

Samples: nocohometeam.com

Forfeiture of Payments. In the event of a forfeiture of payments made by a buyer, 355 the sums received shall be 358 divided between Brokerage Firm and Seller, one-half thereof to Brokerage 356 Firm but not to exceed the Brokerage Firm compensation 359 agreed upon herein, and the balance to Seller. 357 Any forfeiture of payment under this section shall not reduce any Brokerage Firm 360 compensation owed, earned and payable under 358 § 147. 359361

Appears in 1 contract

Samples: www.topproducerwebsite.com

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Forfeiture of Payments. In the event of a forfeiture of payments made by a buyer, 355 the sums received shall be 289 divided between Brokerage Firm and Seller, one-half thereof to Brokerage 356 Firm but not to exceed the Brokerage Firm 290 compensation agreed upon herein, and the balance to Seller. 357 Any forfeiture of payment under this section shall not reduce any 291 Brokerage Firm compensation owed, earned and payable under 358 § 14. 3597.

Appears in 1 contract

Samples: protrain.hs.llnwd.net

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