Common use of Protection of Brokers Clause in Contracts

Protection of Brokers. If Landlord xxxxx xxe Property, or assixxx Xxxxxxxx'x xnterest in this Lease, to buyer or assignee shall, by accepting such conveyance of the Property or assignment of the Lease, be conclusively deemed to have agreed to make all payments to Landlord's Broker thereafter required of Landlord under this Article Fourteen. Landlord's Broker shall have the right to bring a legal action to enxxxxx xx declare rights under this provision. The prevailing party in such action shall be entitled to reasonable attorneys' fees to be paid by the losing party. Such attorneys' fees shall be fixed by the court in such action. This Paragraph is included in this Lease for the benefit of Landlord's Broker. Section 14.03.

Appears in 1 contract

Samples: Service 1st Bancorp

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Protection of Brokers. If Landlord xxxxx xxe sells the Property, or assixxx Xxxxxxxx'x xnterest assigns Landlord's interest in this Lease, to the buyer or assignee shall, by accepting such conveyance of the Property or assignment of the Lease, be conclusively deemed to have agreed to make all payments to Landlord's Broker thereafter required of Landlord under this Article Fourteen. Landlord's Broker Landxxxx'x Xroker shall have the right to bring a legal action to enxxxxx xx enforce or declare rights under this provision. The prevailing party in such action shall be entitled to reasonable attorneys' fees to be paid by the losing party. Such attorneys' fees shall be fixed by the court in such action. This Paragraph is included in Included In this Lease for the benefit of Landlord's Broker. Section 14.03.

Appears in 1 contract

Samples: Cerprobe Corp

Protection of Brokers. If Landlord xxxxx xxe Xx Xxxxlord sells the Property, or assixxx Xxxxxxxx'x xnterest assigns Landlord's interest in this Lease, to the buyer or assignee shall, by accepting such conveyance of the Property or assignment of the Lease, be conclusively deemed to have agreed to make all payments to Landlord's Broker thereafter required of Landlord under this Article Fourteen. Landlord's Broker shall have the right to bring a legal action to enxxxxx actiox xx xxxorce or declare rights under this provision. The prevailing party in such action shall be entitled to reasonable attorneys' fees to be paid by the losing party. Such attorneys' fees shall be fixed by the court in such action. This Paragraph is included in this Lease for the benefit of Landlord's Broker. Section 14.03.

Appears in 1 contract

Samples: Lease (Arterial Vascular Engineering Inc)

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Protection of Brokers. If Landlord xxxxx xxe Xx Xxxxxord sells the Property, or assixxx Xxxxxxxx'x xnterest assigns Landlord's interest in this Lease, to the buyer or assignee shall, by accepting such conveyance of the Property or assignment of the Lease, be conclusively deemed to have agreed to make all payments to Landlord's Broker thereafter required of Landlord under this Article FourteenArtxxxx XXX. Landlord's Broker shall have the right to bring a legal action to enxxxxx xx xxxxxxx or declare rights under this provision. The prevailing party in such action shall be entitled to reasonable attorneys' fees to be paid by the losing party. Such attorneys' fees shall be fixed by the court in such action. This Paragraph is included in this Lease for the benefit of Landlord's Broker. Section 14.03.

Appears in 1 contract

Samples: Genetic Vectors Inc

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