Common use of Protected Period Clause in Contracts

Protected Period. In the event that during the Protected Period, as that term is defined below, following termination or expiration of this Brokerage Agreement, Buyer purchases, options or contracts to purchase or exchange, or contracts to purchase ownership interest in a legal entity which owns, leases or lease purchases any property which during the term of this Agreement was submitted to, identified or shown to Buyer by Broker or for which Broker provided information about to Buyer, then notwithstanding any provision to the contrary contained herein, Buyer shall pay Broker at closing or the commencement of any lease, if applicable, the commission or commissions set forth above. The term “Protected Period” shall refer to the period following the earlier of either: (a) the expiration of this Agreement; or (b) the date that the Agreement is terminated upon the mutual, written consent of the Broker and Buyer. In addition, if this Agreement is terminated by Buyer without the express, written consent of Broker, the Protected Period shall be the time period referenced above plus the number of days remaining on the term of the Agreement at the time it was terminated early without the express written consent of Broker. In such event, the Protected Period shall commence from the date this Agreement was terminated early without the express, written consent of Broker. For the purposes of this paragraph, the term “Buyer” shall include Buyer, all members of the Buyer’s immediate family, any legal entity in which Buyer or any member of Buyer’s immediate family owns or controls, directly or indirectly, more than ten percent (10%) of the shares or interests therein, and any third party who is acting under the direction or control of any of the above parties. Rights and obligations set forth herein shall survive the termination or expiration of this Agreement.

Protected Period. In the event that If Seller during the Protected Period, as that term is defined belowhereinafter defined, following termination or expiration of this Brokerage Agreement, Buyer purchasessells, options to sell, contracts to sell ownership interests in the legal entity which owns the Property or contracts to purchase sell or exchangeexchange Property to any buyer who made an offer on, was introduced to, visited, received information on, inquired about, or contracts to purchase ownership interest in a legal entity which owns, leases or lease purchases any property which otherwise learned of the Property during the term of this Agreement was submitted toAgreement, identified or shown to Buyer by Broker or for which Broker provided information about to Buyeras a result of the efforts of the Broker, then notwithstanding any provision to the contrary contained herein, Buyer Seller shall pay the commission referenced above to Broker at the closing of the sale or the commencement exchange of any lease, if applicable, the commission or commissions set forth aboveProperty to said buyer. The term “Protected Period” shall refer to the period with the number of days referenced above following the earlier of either: (a) the expiration of this Agreement; or (b) the date that the Agreement is terminated upon the mutual, written consent of the Broker and BuyerSeller. In addition, if If this Agreement is terminated by Buyer Seller without the express, written consent of Broker, the Protected Period shall be the time period referenced above plus the number of days remaining that remained on the term of the this Agreement at the time it was terminated early without the express express, written consent of Broker. In such event, the Protected Period shall commence from on the date this Agreement was terminated early without the express, express written consent of Broker. For the purposes of this paragraphAgreement, the term “Buyerbuyer” shall include Buyerbuyer, all members of the Buyerbuyer’s immediate family, any legal entity in which Buyer buyer or any member of Buyerbuyer’s immediate family owns or controls, directly or indirectly, more than ten percent (10%) of the shares or interests therein, and any third party who is acting under the direction or control of any of the above parties. Rights Notwithstanding the above, no listing commission shall be paid to Broker if this Agreement has either expired or been terminated upon the mutual, written consent of Broker and Seller and the Property is sold or contracted to be sold to a prospective buyer by or through another licensed broker with whom Seller has signed an exclusive right to sell listing agreement. The commission rights and obligations set forth herein shall survive the termination or expiration of this Agreement.

Protected Period. In the event that If Seller during the Protected Period, as that term is defined belowhereinafter defined, following termination or expiration of this Brokerage Agreement, Buyer purchasessells, options to sell, contracts to sell ownership interests in the legal entity which owns the Property or contracts to purchase sell or exchangeexchange Property to any buyer who made an offer on, was introduced to, visited, received information on, inquired about, or contracts to purchase ownership interest in a legal entity which owns, leases or lease purchases any property which otherwise learned of the Property during the term of this Agreement was submitted toAgreement, identified or shown to Buyer by Broker or for which Broker provided information about to Buyeras a result of the efforts of the Broker, then notwithstanding any provision to the contrary contained herein, Buyer Seller shall pay the commission referenced above to Broker at the closing of the sale or the commencement exchange of any lease, if applicable, the commission or commissions set forth aboveProperty to said buyer. The term “Protected Period” shall refer to the period with the number of days referenced above following the earlier of either: (a) the expiration of this Agreement; or (b) the date that the Agreement is terminated upon the mutual, written consent of the Broker and BuyerSeller. In addition, if If this Agreement is terminated by Buyer Seller without the express, written consent of Broker, the Protected Period shall be the time period referenced above plus the number of days remaining that remained on the term of the this Agreement at the time it was terminated early without the express express, written consent of Broker. In such event, the Protected Period shall commence from on the date this Agreement was terminated early without the express, express written consent of Broker. For the purposes of this paragraphAgreement, the term “Buyerbuyer” shall include Buyerbuyer, all members of the Buyerbuyer’s immediate family, any legal entity in which Buyer buyer or any member of Buyerbuyer’s immediate family owns or controls, directly or indirectly, more than ten percent (10%) of the shares or interests therein, and any third party who is acting under the direction or control of any of the above parties. Rights Notwithstanding the above, no listing commission shall be paid to Broker if this Agreement has either expired or been terminated upon the mutual, written consent of Broker and Seller and the Property is sold or contracted to be sold to a prospective buyer by or through another licensed broker with whom Xxxxxx has signed an exclusive right to sell listing agreement. The commission rights and obligations set forth herein shall survive the termination or expiration of this Agreement.

Protected Period. In the event that If Seller during the Protected Period, as that term is defined belowhereinafter defined, following termination or expiration of this Brokerage Agreement, Buyer purchasessells, options to sell, contracts to sell ownership interests in the legal entity which owns the Property or contracts to purchase sell or exchange, or contracts exchange Property to purchase ownership interest in a legal entity which owns, leases or lease purchases any property which buyer was introduced to the Property during the term of this Agreement was submitted to, identified or shown to Buyer by Broker or for which Broker provided information about to Buyeras a result of Broker’s efforts, then notwithstanding any provision to the contrary contained herein, Buyer Seller shall pay the commission referenced above to Broker at the closing of the sale or the commencement exchange of any lease, if applicable, the commission or commissions set forth aboveProperty to said buyer. The term “Protected Period” shall refer to the period with the number of days referenced above following the earlier of either: (a) the expiration of this Agreement; or (b) the date that the Agreement is terminated upon the mutual, written consent of the Broker and BuyerSeller. In addition, if If this Agreement is terminated by Buyer Seller without the express, written consent of Broker, the Protected Period shall be the time period referenced above plus the number of days remaining that remained on the term of the this Agreement at the time it was terminated early without the express express, written consent of Broker. In such event, the Protected Period shall commence from on the date this Agreement was terminated early without the express, express written consent of Broker. For the purposes of this paragraphAgreement, the term “Buyerbuyer” shall include Buyerbuyer, all members of the Buyerbuyer’s immediate family, any legal entity in which Buyer buyer or any member of Buyerbuyer’s immediate family owns or controls, directly or indirectly, more than ten percent (10%) of the shares or interests therein, and any third party who is acting under the direction or control of any of the above parties. Rights Notwithstanding the above, no listing commission shall be paid to Broker if this Agreement has either expired or been terminated upon the mutual, written consent of Broker and Seller and the Property is sold or contracted to be sold to a prospective buyer by or through another licensed broker with whom Seller has signed an exclusive right to sell listing agreement. The commission rights and obligations set forth herein shall survive the termination or expiration of this Agreement.

Protected Period. In the event that If Seller during the Protected Period, as that term is defined belowhereinafter defined, following termination or expiration of this Brokerage Agreement, Buyer purchasessells, options to sell, contracts to sell ownership interests in the legal entity which owns the Property or contracts to purchase sell or exchangeexchange Property to any buyer who made an offer on, was introduced to, visited, received information on, inquired about, or contracts to purchase ownership interest in a legal entity which owns, leases or lease purchases any property which otherwise learned of the Property during the term of this Agreement was submitted toAgreement, identified or shown to Buyer by Broker or for which Broker provided information about to Buyeras a result of the efforts of the Broker, then notwithstanding any provision to the contrary contained herein, Buyer Seller shall pay the commission referenced above to Broker at the closing of the sale or the commencement exchange of any lease, if applicable, the commission or commissions set forth aboveProperty to said buyer. The term “Protected Period” shall refer to the period with the number of days referenced above following the earlier of either: (a) the expiration of this Agreement; or (b) the date that the Agreement is terminated upon the mutual, written consent of the Broker and BuyerSeller. In addition, if If this Agreement is terminated by Buyer Seller without the express, written consent of Broker, the Protected Period shall be the time period referenced above plus the number of days remaining that remained on the term of the this Agreement at the time it was terminated early without the express express, written consent of Broker. In such event, the Protected Period shall commence from on the date this Agreement was terminated early without the express, express written consent of Broker. For the purposes of this paragraphAgreement, the term “Buyerbuyer” shall include Buyerbuyer, all members of the Buyerbuyer’s immediate family, any legal entity in which Buyer buyer or any member of Buyerbuye ’s immediate family owns or controls, directly or indirectly, more than ten percent (10%) of the shares or interests therein, and any third party who is acting under the direction or control of any of the above parties. Rights Notwithstanding the above, no listing commission shall be paid to Broker if this Agreement has either expired or been terminated upon the mutual, written consent of Broker and Seller and the Property is sold or contracted to be sold to a prospective buyer by or through another licensed broker with whom Seller has signed an exclusive right to sell listing agreement. The commission rights and obligations set forth herein shall survive the termination or expiration of this Agreement.

Protected Period. In the event that If Seller during the Protected Period, as that term is defined belowhereinafter defined, following termination or expiration of this Brokerage Agreement, Buyer purchasessells, options to sell, contracts to sell ownership interests in the legal entity which owns the Property or contracts to purchase sell or exchange, or contracts exchange Property to purchase ownership interest in a legal entity which owns, leases or lease purchases any property which buyer was introduced to the Property during the term of this Agreement was submitted to, identified or shown to Buyer by Broker or for which Broker provided information about to Buyeras a result of Broker’s efforts, then notwithstanding any provision to the contrary contained herein, Buyer Seller shall pay the commission referenced above to Broker at the closing of the sale or the commencement exchange of any lease, if applicable, the commission or commissions set forth aboveProperty to said buyer. The term “Protected Period” shall refer to the period with the number of days referenced above following the earlier of either: (a) the expiration of this Agreement; or (b) the date that the Agreement is terminated upon the mutual, written consent of the Broker and BuyerSeller. In addition, if If this Agreement is terminated by Buyer Seller without the express, written consent of Broker, the Protected Period shall be the time period referenced above plus the number of days remaining that remained on the term of the this Agreement at the time it was terminated early without the express express, written consent of Broker. In such event, the Protected Period shall commence from on the date this Agreement was terminated early without the express, express written consent of Broker. For the purposes of this paragraphAgreement, the term “Buyerbuyer” shall include Buyerbuyer, all members of the Buyerbuyer’s immediate family, any legal entity in which Buyer or buyer o any NLY member of Buyerbuyer’s immediate family owns or controls, directly or indirectly, more than ten percent (10%) of the shares or interests thereinthere n, and any third party who is acting under the direction or control of any of the above parties. Rights Notwithstanding the above, no listing commission shall be paid to Broker if this Agreement has either expired or been terminated upon the mutual, written consent of Broker and Seller and the Property is sold or contracted to be sold to a prospective buyer by or through another licensed broker with whom Sell r has signed an exclusive right to sell listing agreement. The commission rights and obligations set forth herein shall survive the termination or expiration of this Agreement.