Common use of Holdover Period Clause in Contracts

Holdover Period. Brokerage Firm’s fee applies to Property contracted for (or leased if § 3.5.2 is checked) during the 162 Term of this Buyer Listing Contract or any extensions and also applies to Property contracted for or leased within calendar 163 days after the Listing Period expires(Holdover Period) (1) if the Property is one on which Broker negotiated and (2) if Broker 164 submitted its address or other description in writing to Buyer during the Listing Period, (Submitted Property). Provided, however, 165 Buyer 166 another real estate brokerage firm acting pursuant to an exclusive agreement with Xxxxx entered into during the Holdover Period, 167 and a Sale or Lease of the Submitted Property is consummated. If no box is checked in this § 7.4, then Buyer does not owe the 168 commission to Brokerage Firm.

Appears in 2 contracts

Samples: Exclusive Right to Buy Listing Contract, Exclusive Right to Buy Listing Contract

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Holdover Period. Brokerage Firm’s fee applies shall apply to Property contracted for ([or leased if § 3.5.2 is checked) ] during the 162 Term of 159 this Buyer Listing Contract or any extensions and shall also applies apply to Property contracted for or leased within calendar 163 days after the this Buyer 160 Listing Period expires(Holdover Contract expires or is terminated (Holdover Period) (1) if the Property is one on which Broker negotiated and (2) if Broker 164 submitted its 161 address or other description in writing to Buyer during the Listing PeriodTerm. However, (Submitted Property). Provided, however, 165 Buyer 166 if a commission is earned by another real estate brokerage firm 162 acting pursuant to an exclusive agreement with Xxxxx entered into during the Holdover Period, 167 and a Sale or Lease of the Submitted Property is consummated. If no box is checked in this § 7.4, then Buyer does not  Shall  Shall Not owe the 168 commission 163 compensation to Brokerage Firm.Broker under §§ 7.2.1, 7.2.2, 7.2.4 and 7.4 as indicated. 164

Appears in 1 contract

Samples: Exclusive Right to Buy Listing Contract

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Holdover Period. Brokerage Firm’s fee applies to Property contracted for Premises leased (or leased purchased if § 3.5.2 is checked) during the 162 Term of this Buyer Tenant Listing Contract or any extensions and also applies to Property contracted for Premises leased or leased purchased within calendar days 163 days after the Listing Period expires(Holdover expires (Holdover Period) (1) if the Property Premises is one on which Broker negotiated and (2) if Broker 164 submitted its address or other description in writing to Buyer Tenant during the Listing Period, (Submitted PropertyPremises). Provided, however, 165 Buyer Tenant 166 another real estate brokerage firm acting pursuant to an exclusive agreement with Xxxxx Xxxxxx entered into during the Holdover Period, 167 and a Lease or Sale or Lease of the Submitted Property Premises is consummated. If no box is checked in this § 7.4, then Buyer Tenant does not owe the 168 commission to Brokerage Firm.

Appears in 1 contract

Samples: Exclusive Tenant Listing Contract

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