Leasing Commissions After Termination Sample Clauses

Leasing Commissions After Termination. If this Agreement is terminated by Property Manager or Owner, Owner shall recognize Property Manager as the broker in any ongoing negotiations with a "Prospective Tenant" (as hereinafter defined) for a lease, renewal, extension or expansion with respect to any part of the Premises pending as of the date of receipt of such notice of termination (the "Notice Date") that is subsequently consummated within six (6) months from such Notice Date. "Prospective Tenant" shall mean any tenant with whom substantial, active, continuous and ongoing negotiations are currently underway and who has (a) visited the Premises with Property Manager (or whose leasing broker has visited the Premises with Property Manager on Prospective Tenant's behalf) prior to the Notice Date, and (b) has received a written proposal from Property Manager or submitted a written proposal to Property Manager prior to the Notice Date. Property Manager shall provide a list of Prospective Tenants (the "Prospect List") to Owner on or before the effective date of any such termination. The Prospect List will be subject to the review and approval of Owner, which approval shall not be unreasonably denied. Unless otherwise agreed to in writing by all parties, in the event of the consummation of a lease, renewal, extension or expansion with a Prospective Tenant appearing on the approved Prospect List within six (6) months of the Notice Date, Owner shall pay to Property Manager a leasing commission with respect thereto in the amount, at the time, and in the manner set forth in Section 4.2 hereof. Property Manager shall not begin negotiations for any new lease, renewal, extension or expansion after the Notice Date without the prior written consent of Owner. No commissions shall be paid to Property Manager in the event of the consummation of a lease more than six (6) months after the Notice Date. Except as otherwise provided hereinabove in this Section 5.3, in no event and under no circumstances shall the Property Manager be entitled to any leasing commissions, fees, or other charges for the lease, renewal, extension or expansion of any lease in the Premises after the termination of this Agreement, regardless of whether any such renewal, extension or expansion arises under or by virtue of an option or other right contained in a lease procured by Property Manager. In addition, in the event that this Agreement is terminated by Owner as a result of any default by Property Manager under the provisions of Section 5...
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Related to Leasing Commissions After Termination

  • Death after Termination In the event of the death of Executive during the period Executive is receiving payments pursuant to this Agreement, Executive’s designated beneficiary shall be entitled to receive the balance of the payments; or in the event of no designated beneficiary, the remaining payments shall be made to Executive’s estate.

  • Compensation After Termination (i) If the Employment Period is terminated pursuant to Executive’s resignation without Good Reason, death or Incapacity, Executive shall only be entitled to receive his/her Base Salary through the date of termination and shall not be entitled to any other salary, bonus, compensation or benefits from the Company or its Subsidiaries, except as may be required by applicable law.

  • Non-Competition After Termination In further consideration of the Company providing Executive with its confidential information, trade secrets, goodwill, and proprietary business information, Executive agrees that he shall not, at any time during the period of one (1) year after the termination of the later of the Basic Term and any extension of the Basic Term under this Agreement, for any reason, within any market or country in which the Company has operated assets or provided services, or formulated a plan to operate its assets or provide services during the last twelve (12) months of Executive’s employ, engage in or contribute Executive’s knowledge to any work which is competitive with or similar to a product, process, apparatus, services, or development on which Executive worked or with respect to which Executive had access to while employed by the Company; provided, however, that the one (1) year period set forth in this Section 5.4 shall be a two (2) year period in the case of an Executive whose employment is terminated due to Retirement.

  • OBLIGATIONS AFTER TERMINATION Executive shall have no further obligations or liabilities hereunder after an Incapacity Termination Date except Executive’s obligations under Sections 7 and 8, which shall survive the termination or expiration of this Agreement. After an Incapacity Termination Date, Employer shall have no further obligations or liabilities hereunder except that Employer shall, not later than two (2) weeks after an Incapacity Termination Date, pay to Executive those amounts described in Section 9.2(ii); provided, however, that in the event an Incapacity Termination Date occurs at least six (6) months after the commencement of a Contract Year during the Term, Employer shall pay to Executive a pro-rated portion of the Annual Bonus for the Contract Year during which the Incapacity Termination Date occurs, such amount to be determined in the sole discretion of Employer. Additionally, Employer shall comply with the provisions of COBRA and the provisions of any Employer benefit plans in which Executive or Executive’s eligible dependents or beneficiaries are participating at the time of termination. Nothing in this Section 11 shall affect the amount of any benefits which may be payable to Executive under any insurance plan or policy maintained by Employer or Executive or pursuant to any Employer company practice, plan or program applicable to other executive-level employees of the Emmis Group.

  • Payments After Termination No payments of money by Tenant to Landlord after the termination of this Lease, in any manner, or after giving of any notice (other than a demand for payment of money) by Landlord to Tenant, shall reinstate, continue or extend the term of this Lease or affect any notice given to Tenant prior to the payment of such money, it being agreed that after the service of notice of the commencement of a suit or other final judgment granting Landlord possession of the Premises, Landlord may receive and collect any sums of rent due, or any other sums of money due under the terms of this Lease or otherwise exercise its rights and remedies hereunder. The payment of such sums of money, whether as rent or otherwise, shall not waive said notice or in any manner affect any pending suit or judgment theretofore obtained.

  • Survival After Termination The agreement to arbitrate will survive the termination of this Agreement.

  • After Termination In the event of a Voluntary Termination or Termination for Cause, Officer covenants that he shall not for one year following such termination directly or indirectly as an owner, partner, shareholder, employee, consultant, or in any similar manner engage, in competition with the corporation, in the same type of business as the corporation is engaged at the time of the termination, it being understood that the competitive nature of any other ownership, employment, consultation or other activity shall be determined in good faith by the Board of Directors of the Corporation. Notwithstanding the foregoing, the purchase or holding by Officer as an investment or otherwise of up to one percent of the outstanding stock or other securities of any such competitive corporation or business which has its securities publicly traded on any recognized securities exchange or in the over-the-counter market of five percent of the stock of any privately held corporation shall not constitute a breach of the covenant contained in this Section 5.2.

  • Survival After Termination of Agreement Notwithstanding anything to the contrary contained in this Agreement, the covenants in Sections 7(a) and (b) shall survive the termination of this Agreement and the Executive's employment with the Company.

  • Earlier Termination Your employment hereunder shall terminate prior to the Initial Term (or any renewal term, in the event of renewal) on the following terms and conditions:

  • Rights After Termination 15.1 All rights and obligations of the parties which accrue on or before the effective termination date shall be fully enforceable by either party after termination.

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