Common use of NO REAL ESTATE AGENT OR BROKER Clause in Contracts

NO REAL ESTATE AGENT OR BROKER. The City and Buyer each represent and warrant to the other that no brokerage commission, finder’s fee or other compensation is due and payable hereunder. The City and Buyer each represent that it knows of no other fee, commission or payment due to any broker, finder, agent or other person or entity, in connection with the transactions contemplated herein. The City and Buyer each, one to the other, indemnify, protect, defend and hold the other harmless from and against all losses, claims, costs, expenses and damages (including but not limited to reasonable attorney fees) resulting from the claims of any broker, finder or other such party claiming by, through or under the acts or agreements of the indemnifying party. The warranties and obligations of the parties pursuant to this paragraph shall survive the termination of this Agreement and the Closing.