Common use of Resumption of Agency Status Clause in Contracts

Resumption of Agency Status. In the event that the Designated Agent defaults to a Facilitator status, this Facilitator status will only be temporary. The Facilitator status will only last until any transaction or contemplated transaction in which the parties are all assisted by the same Facilitator is resolved (either because the transaction is closed or contemplated transaction between these parties is terminated and no further negotiations occur between the parties). At that time, the agent will immediately revert to Designated Agency status for the Seller.

Appears in 4 contracts

Samples: Furrow●strickland, Furrow●strickland, Furrow●strickland

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Resumption of Agency Status. In the event that the Designated Agent defaults to a Facilitator status, this Facilitator status will only be temporary. The Facilitator status will only last until any transaction or contemplated transaction in which the parties are all assisted by the same Facilitator is resolved (either because the transaction is closed completed or the transaction or contemplated transaction between these parties is terminated or not accepted and no further negotiations occur between the parties). At that time, the agent will immediately revert to Designated Agency status for the SellerOwner.

Appears in 2 contracts

Samples: Market for Lease Agreement, Market for Lease Agreement

Resumption of Agency Status. In the event that the Designated Agent defaults to a Facilitator status, this 302 Facilitator status will only be temporary. The Facilitator status will only last until any transaction or 303 contemplated transaction in which the parties are all assisted by the same Facilitator is resolved (either because 304 the transaction is closed or contemplated transaction between these parties is terminated and no further 305 negotiations occur between the parties). At that time, the agent will immediately revert to Designated Agency 306 status for the Seller.

Appears in 1 contract

Samples: Sell Listing Agreement

Resumption of Agency Status. In the event that the Designated Agent defaults to a Facilitator status, 230 this Facilitator status will only be temporary. The Facilitator status will only last until any transaction 231 or contemplated transaction in which the parties are all assisted by the same Facilitator is resolved 232 (either because the transaction is closed or the transaction or contemplated transaction between these 233 parties is terminated or not accepted and no further negotiations occur between the parties). At that 234 time, the agent will immediately revert to Designated Agency status for the Seller.

Appears in 1 contract

Samples: Commercial Exclusive Right to Sell Listing Agreement

Resumption of Agency Status. In the event that the Designated Agent defaults to a Facilitator status, this 271 Facilitator status will only be temporary. The Facilitator status will only last until any transaction or contemplated 272 transaction in which the parties are all assisted by the same Facilitator is resolved (either because the transaction 273 is closed or the transaction or contemplated transaction between these parties is terminated or not accepted and 274 no further negotiations occur between the parties). At that time, the agent will immediately revert to Designated 275 Agency status for the SellerSeller again.

Appears in 1 contract

Samples: Sell Listing Agreement

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Resumption of Agency Status. In the event that the Designated Agent defaults to a Facilitator status, this Facilitator status will only be temporary. The Facilitator status will only last until any transaction or contemplated transaction in which the parties are all assisted by the same Facilitator is resolved (either because the transaction is closed or the transaction or contemplated transaction between these parties is terminated or not accepted and no further negotiations occur between the parties). At that time, the agent Agent will immediately revert back to Designated Agency status for the SellerBuyer.

Appears in 1 contract

Samples: Exclusive Buyer Representation Agreement

Resumption of Agency Status. In the event that the Designated Agent defaults to a Facilitator status, this 278 Facilitator status will shall only be temporary. The Facilitator status will shall only last until any transaction or 279 contemplated transaction in which the parties are all assisted by the same Facilitator is resolved (either because 280 the transaction is closed or the transaction or contemplated transaction between these parties is terminated or not 281 accepted and no further negotiations occur between the parties). At that time, the agent will shall immediately 282 revert to Designated Agency status for the SellerSeller again.

Appears in 1 contract

Samples: Sell Listing Agreement

Resumption of Agency Status. In the event that the Designated Agent defaults to a Facilitator status, this Facilitator status will shall only be temporary. The Facilitator status will shall only last until any transaction or contemplated transaction in which the parties are all assisted by the same Facilitator is resolved (either because the transaction is closed or contemplated transaction between these parties is terminated and no further negotiations occur between the parties). At that time, the agent will shall immediately revert to Designated Agency status for the Seller.

Appears in 1 contract

Samples: Sell Listing Agreement

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