Common use of Registration and Compensation Clause in Contracts

Registration and Compensation. By execution below, Principal hereby registers its interest in the potential purchase of the Property and acknowledges receipt of the materials included in the offering package pertaining to the Property prepared by Eastern Consolidated and delivered herewith (the “Offering Package”). Principal hereby agrees that, notwithstanding anything herein or any other agreement or principle of law or equity to the contrary, in no event shall Seller and/or Eastern Consolidated be liable or responsible to pay, or cause to be paid, to any real estate broker, finder, consultant, agent or any other similar party (such parties being hereinafter collectively referred to as the “Broker”) any compensation whatsoever including, without limitation, any brokerage commission (or similar charge). Principal hereby agrees to defend, indemnify and hold harmless Seller and Eastern Consolidated from and against any and all claims, demands, or causes of action or other liability, cost or expense, including reasonable attorneys’ fees and disbursements, arising from, relating to or pertaining to any claim(s) of any Brokers alleging to have dealt with or through us in connection with the Property.

Appears in 9 contracts

Samples: Principal Registration and Confidentiality Agreement, Principal Registration and Confidentiality Agreement, Principal Registration and Confidentiality Agreement

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