Common use of Protection of Brokers Clause in Contracts

Protection of Brokers. If Landlord sells the Property, or assigns Landlord's interest in this Lease, 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 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 this Lease for the benefit of Landlord's Broker.

Appears in 1 contract

Samples: Lease Agreement (Ultra Pac Inc)

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Protection of Brokers. If Landlord sells the Property, or assigns Landlord's ’s interest in this Lease, 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 ’s Broker thereafter required of Landlord under this Article Fourteen. Landlord's ’s Broker shall have the right to bring a legal action to 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 Paragraph is included in this Lease for the benefit of Landlord's Broker’s Broker .

Appears in 1 contract

Samples: Industrial Real Estate Lease (Isotis Inc)

Protection of Brokers. If Landlord sells the Property, or assigns Landlord's interest in this Lease, the buyer or assignee shall, by accepting such conveyance of the Property 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 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 Paragraph is included in this his Lease for the benefit of Landlord's Broker.

Appears in 1 contract

Samples: Real Estate Lease (Wade Cook Financial Corp)

Protection of Brokers. If Landlord sells the Property, or assigns Landlord's interest in this Lease, 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 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 Court in such action. This paragraph Paragraph is included in this Lease for the benefit of Landlord's Broker.

Appears in 1 contract

Samples: Early Possession Agreement (Ashworth Inc)

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Protection of Brokers. If Landlord sells the Property, or assigns Landlord's interest in this Lease, 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 LandlordTenant's Broker thereafter required of Landlord under this Article Fourteen. LandlordTenant's Broker shall have the right to bring a legal action to 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 Paragraph is included in this Lease for the benefit of LandlordTenant's Broker.

Appears in 1 contract

Samples: Industrial Real Estate Lease (Gametech International Inc)

Protection of Brokers. If Landlord sells the Property, or assigns Landlord's ’s interest in this Lease, 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 ’s Broker thereafter required of Landlord under this Article Fourteen. Landlord's Xxxxxxxx’s Broker shall have the right to bring a legal action to 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 Paragraph is included in this Lease for the benefit of Landlord's ’s Broker.

Appears in 1 contract

Samples: Industrial Real Estate Lease (Liquidity Services Inc)

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