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 the Lease Agreement, any renewal period of the Lease Agreement, or within 12 (Twelve) months after the Termination Date, then The Property Practitioner shall be deemed to have been the reason that such sale took place and The Property Practitioner shall be entitled to payment by the Landlord of commission equal 5 (five) percent of the selling price.

Appears in 2 contracts

Samples: unilofts.co.za, unilofts.co.za

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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 Agreement, any renewal period of the Lease Agreement, or within 12 (Twelvetwelve) months after the Termination DateLease has come to an end, then The Property Practitioner the Agent shall be deemed to have been the reason that such the sale took place and The Property Practitioner shall be entitled to payment by the Landlord of commission equal 5 (five) percent to a percentage of the selling priceprice which is 5%( five persent ).

Appears in 1 contract

Samples: Rental Management Agreement

POTENTIAL SALE. 5.1 If the Tenant signs a sale agreement with the Landlord at any time during the Initial Period period of Lease or any renewal of the Lease Agreement, any renewal period of the Lease Agreement, or within 12 24 (TwelveTwenty four) months after the Termination DateLease has come to an end, then The Property Practitioner shall A7 Properties will be deemed to have been regarded as the reason that such the sale took place and The Property Practitioner shall will be entitled to payment by the Landlord of commission equal 5 (five) percent to the percentage, as referred to in item 1.4.3 of the schedule, of the selling price.

Appears in 1 contract

Samples: geeproperties.co.za

POTENTIAL SALE. If the Tenant signs a sale agreement with the Landlord at any time during the Initial Period of the Lease AgreementLease, any renewal period of the Lease Agreement, or within 12 (Twelve) months after the Termination DateLease has come to an end, then The Property Practitioner the Agent shall be deemed to have been the reason that such the sale took place and The Property Practitioner shall be entitled to payment by the Landlord of commission equal 5 (five) percent to a percentage of the selling priceprice 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 the Lease AgreementLease, any renewal period of the Lease Agreement, or within 12 (Twelve) months after the Termination DateLease has come to an end, then The Property Practitioner the Agent shall be deemed to have been the reason that such the sale took place and The Property Practitioner shall be entitled to payment by the Landlord of commission equal 5 (five) percent to a percentage of the selling priceprice as set out in 1.27.

Appears in 1 contract

Samples: Residential Agreement

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