LEASE PURCHASE OPTIONS. Where a Tenant under a lease containing a purchase option or right of first refusal exercises such option or right, the seven percent (7%) sale commission shall be payable to the Broker, less the rental commissions already received for any unexpired term of the lease at the time the purchase takes place.
Appears in 4 contracts
Samples: Exclusive Listing Agreement, Exclusive Listing Agreement, Exclusive Listing Agreement
