Common use of POTENTIAL SALE Clause in Contracts

POTENTIAL SALE. If the Tenant signs a sale agreement with the Landlord at any time during the Initial Period of Lease, any renewal of the Lease or within 12 (Twelve) months after the Lease has come to an end, then the Agent shall be deemed to have been the reason that the sale took place and shall be entitled to payment by the Landlord of commission equal to a percentage of the selling price as set out in 1.27. 43.

Appears in 1 contract

Samples: Residential Agreement of Lease

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POTENTIAL SALE. If the Tenant signs a sale agreement with the Landlord at any time during the Initial Period of Lease, any renewal of the Lease or within 12 (Twelve) months after the Lease has come to an end, then the Agent shall be deemed to have been the reason that the sale took place and shall be entitled to payment by the Landlord of commission equal to a percentage of the selling price as set out in 1.27. 43.

Appears in 1 contract

Samples: Residential Agreement

POTENTIAL SALE. 2.1.1 If the Tenant signs a sale agreement with the Landlord at any time during the Initial Period period of Lease, any renewal of the Lease or within 12 (Twelvetwelve) months after the Lease has come to an end, then the Agent shall be deemed to have been the reason that the sale took place and shall be entitled to payment by the Landlord of commission equal to a percentage of the selling price as set out in 1.27. 43which is 5%( five persent ).

Appears in 1 contract

Samples: Rental Management Agreement

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POTENTIAL SALE. 5.1 If the Tenant signs a sale agreement with the Landlord at any time during the Initial Period period of Lease, Lease or any renewal of the Lease or within 12 24 (TwelveTwenty four) months after the Lease has come to an end, then the Agent shall A7 Properties will be deemed to have been regarded as the reason that the sale took place and shall will be entitled to payment by the Landlord of commission equal to a percentage the percentage, as referred to in item 1.4.3 of the schedule, of the selling price as set out in 1.27. 43price.

Appears in 1 contract

Samples: geeproperties.co.za

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