Common use of Retainer Fee Clause in Contracts

Retainer Fee. The Client will pay Broker a non-refundable Retainer Fee of $ , due and payable upon execution of this agreement. The Retainer Fee shall be applied against the total commission due and is intended as compensation to the Broker for the Broker's effort in locating property for the Client. The Retainer Fee cannot and will not be used as part of Client's xxxxxxx deposit when an acceptable property is located and a “Buy & Sell Agreement” or offer to lease is constructed.

Retainer Fee. The Client will pay Broker a non-refundable Retainer Fee of $ , due and payable upon execution of this agreement. The Retainer Fee shall be applied against the total commission due and is intended as compensation to the Broker for the BrokerXxxxxx's effort in locating property for the Client. The Retainer Fee cannot and will not be used as part of Client's xxxxxxx deposit when an acceptable property is located and a “Buy & Sell Agreement” or offer to lease sales agreement is constructedexecuted.

Retainer Fee. The Client will pay Broker a non-refundable Retainer Fee of $ , due and payable upon execution of this agreement. The Retainer Fee shall be applied against the total commission compensation due and is intended as compensation to the Broker for the BrokerXxxxxx's effort in locating property for the Client. The Retainer Fee cannot and will not be used as part of Client's xxxxxxx money deposit when an acceptable property is located and a “"Buy & Sell Agreement” " or offer to lease is constructeddrafted.