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 JAW Commercial 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 and JAW Commercial 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 and JAW Commercial from and against any and all claims, demands, or causes of action or other liability, cost or expense, including attorneys’ fees and disbursements, arising from, relating to or pertaining to any compensation (including any brokerage commission or similar charge) sought by any broker claiming to have dealt with Principal and for which Seller and/or Eastern Consolidated and JAW Commercial is, or is alleged to be, liable or responsible for in connection with the purchase by and/or sale to Principal of the Property (except for the compensation that Seller is responsible to pay to Eastern Consolidated and JAW Commercial pursuant to a separate writing).

Registration and Compensation. By execution below, Principal hereby registers its interest in the potential purchase of the Leasehold Interest in the Property and acknowledges receipt of the materials included in the offering package pertaining to the Property Leasehold Interest prepared by Eastern Consolidated and JAW Commercial 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 and JAW Commercial 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 and JAW Commercial from and against any and all claims, demands, or causes of action or other liability, cost or expense, including attorneys’ fees and disbursements, arising from, relating to or pertaining to any compensation (including any brokerage commission or similar charge) sought by any broker claiming to have dealt with Principal and for which Seller and/or Eastern Consolidated and JAW Commercial is, or is alleged to be, liable or responsible for in connection with the purchase by and/or sale to Principal of the Property (except for the compensation that Seller is responsible to pay to Eastern Consolidated and JAW Commercial pursuant to a separate writing).

Registration and Compensation. By execution below, Principal Prospective Lessee hereby registers its interest in the potential purchase net lease of the Property and acknowledges receipt of the materials included in the offering package Request for Proposal pertaining to the Property prepared by Eastern Consolidated and JAW Commercial and delivered herewith (the “Offering PackageRFP”). 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 Landlord and/or Eastern Consolidated and JAW Commercial 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)) except as pursuant to the terms and conditions of the Outside Broker Commission Agreement between Eastern Consolidated and Broker attached hereto and incorporated by reference as part of this Agreement. Principal hereby agrees to defend, indemnify and hold harmless Seller Landlord and Eastern Consolidated and JAW Commercial from and against any and all claims, demands, or causes of action or other liability, cost or expense, including attorneys’ fees and disbursements, arising from, relating to or pertaining to any compensation (including any brokerage commission or similar charge) sought by any broker claiming to have dealt with Principal and for which Seller Landlord and/or Eastern Consolidated and JAW Commercial is, or is alleged to be, liable or responsible for in connection with the purchase by and/or sale net lease to Principal of the Property (except for the compensation that Seller is Property. Furthermore, Prospective Lessee shall be responsible to pay to Eastern Consolidated and JAW Commercial pursuant to a separate writing)Consolidated’s commission as indicated in the RFP.