Protection Period Sample Clauses
The Protection Period clause defines a specific timeframe after the expiration or termination of an agreement during which certain protections or rights continue to apply. Typically, this clause is used in real estate or business brokerage agreements to ensure that if a transaction is completed with a party introduced during the agreement, the broker or agent is still entitled to compensation even after the contract ends. Its core function is to prevent parties from circumventing the agreement by delaying transactions until after the contract period, thereby safeguarding the interests of the party who facilitated the introduction or negotiation.
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Protection Period. Owner agrees to pay ▇▇▇▇▇▇’s fee if, within days after the end of the Listing Period, Owner leases the Property to any prospects with whom ▇▇▇▇▇▇ or any other broker communicated during the Listing Period regarding leasing the Property. If requested, ▇▇▇▇▇▇ must provide Owner with a list of said prospects, and entitlement to compensation under this subparagraph will be limited to the names on that list. The protection period ceases if Owner enters into a good faith exclusive right to lease contract with another broker after Listing Period ends.
Protection Period. Buyer will pay Broker’s compensation if, within days after termination Date, Buyer contracts to acquire any property which was called to Buyer’s attention by Broker or any other person or found by Buyer during the term of this Agreement. Buyer’s obligation to pay Broker’s fee ceases upon Buyer entering into a good faith exclusive buyer brokerage agreement with another broker after termination Date.
Protection Period. The term “Protection Period” for purposes of this Agreement shall mean the period which begins on the date there is a Change in Control and ends on the earlier of (a) the second anniversary of the Change Effective Date for such Change in Control or (b) the later of (1) the date Carmike makes a formal, public announcement to Carmike’s shareholders to the effect that the Change in Control will not become effective or (2) the date all action legally required to assure that there would be no Change Effective Date with respect to such Change in Control has been taken.
Protection Period. The term “Protection Period” for purposes of this Agreement shall (subject to § 1.11(f)) mean the two (2) year period which begins on a Change in Control Date.
Protection Period. For purposes of this Agreement, “Protection Period” means the period beginning on the first day of the third full consecutive calendar month beginning before the date of the Change of Control and ending on the last day of the twenty-fourth consecutive full calendar month beginning after the date of the Change of Control.
Protection Period. If within days after the termination of this Contract Buyer acquires any property to which ▇▇▇▇▇ was introduced by ▇▇▇▇▇’s Designated Agent, then ▇▇▇▇▇ agrees to pay Brokerage Company the compensation provided for in Section 5. However, no compensation will be due to Brokerage Company if, during this protection period, Buyer enters into a separate exclusive buyer representation agreement with another broker.
Protection Period. The term “Protection Period” for purposes of this Agreement shall (subject to § 1.13(1)(g)) mean the three (3) year period which begins on the Effective Date.
Protection Period. For purposes of Section 12.2(a), “Protection Period” shall mean, with respect to each Protected Project, the period commencing on the date of the Closing and ending six years from Closing.
Protection Period. The period beginning six (6) months before the date of the Change of Control and ending twenty-fourth (24) months after the Change of Control.
Protection Period. Seller agrees that such compensation shall be paid if the property is sold or exchanged by Seller within a protection period of ( ) days following the term of this Contract or any extensions thereof to anyone to whom the property was presented during the term of this Contract. However, this provision shall not apply if Seller has entered into a valid, written listing agreement with another licensed real estate office or broker during the protection period.