Common use of Minimum Fee Clause in Contracts

Minimum Fee. The Minimum Fee applies if on termination the total fees due are less than the Minimum Fee. Where cancellation of this Agreement is unavoidable due to circumstances beyond the control of either party, the Minimum Fee will not apply and any pre-payments will be returned to the person entitled to them, less any expenses reasonably incurred to the date of cancellation. The Minimum Fee will also apply and be payable if the Agent introduces a Tenant to the Property who finds the property as a result of the Agent’s marketing efforts, or the Tenant is otherwise introduced to the Property during the Agent’s period of sole agency, and enters into a Tenancy Agreement or tenancy for the Property irrespective of whether or not the Tenancy is finalised by the Agent and whether or not the Agent is the effective cause of the introduction or Tenancy.

Appears in 3 contracts

Samples: Agency Agreement, Agency Agreement, Agency Agreement

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Minimum Fee. The Minimum Fee applies if on termination the total fees due are less than the Minimum Fee. Where cancellation of this Agreement is unavoidable due to circumstances beyond the control of either party, the The Minimum Fee will not is intended to apply in order to allow the agent to recover his costs and expenses incurred before any new tenancy, for carrying out essential pre-payments will be returned to tenancy work such as the person entitled to themadministration of Energy Performance Certificates, less any expenses reasonably incurred to gas and electrical safety checks etc. as well as generally marketing the date of cancellationProperty. The Minimum Fee will also apply and be payable if the Agent introduces a Tenant to the Property who finds the property Property as a result of the Agent’s marketing efforts, or the Tenant is otherwise introduced to the Property during the Agent’s period of sole agency, and enters into a Tenancy Agreement or tenancy for the Property irrespective of whether or not the Tenancy is finalised by the Agent and whether or not the Agent is the effective cause of the introduction or Tenancy.

Appears in 2 contracts

Samples: Agency Agreement, Agency Agreement

Minimum Fee. The Minimum Fee applies if on termination the total fees due are less than the Minimum Fee. Where cancellation of this Agreement is unavoidable due to circumstances beyond the control of either party, the Minimum Fee will not apply and any pre-payments will be returned to the person entitled to them, less any expenses reasonably incurred to the date of cancellation. The Minimum Fee will also apply and be payable if the Agent introduces a Tenant to the Property who finds the property Property as a result of the Agent’s marketing efforts, or the Tenant is otherwise introduced to the Property during the Agent’s period of sole agency, and enters into a Tenancy Agreement or tenancy for the Property irrespective of whether or not the Tenancy is finalised by the Agent and whether or not the Agent is the effective cause of the introduction or Tenancy.

Appears in 2 contracts

Samples: Agency Agreement, Agency Agreement

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Minimum Fee. The Minimum Fee applies if on termination the total fees due are less than the then Minimum Fee. Where cancellation of this Agreement is unavoidable due to circumstances beyond the control of either party, the Minimum Fee will not apply and any pre-payments will be returned to the person entitled to them, less any expenses reasonably incurred to the date of cancellation. The Minimum Fee will also apply and be payable if the Agent introduces a Tenant to the Property who finds the property Property as a result of the Agent’s marketing efforts, or the Tenant is otherwise introduced to the Property during the Agent’s period of sole agency, and enters into a Tenancy Agreement or tenancy for the Property irrespective of whether or not the Tenancy is finalised by the Agent and whether or not the Agent is the effective cause of for the introduction or Tenancy. The Minimum Fee is £950 (including VAT).

Appears in 1 contract

Samples: appmanager.co.uk

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