Common use of Right of Listing Participant in Presentation of Counter Clause in Contracts

Right of Listing Participant in Presentation of Counter. OFFERS. The listing Participant or his representative has the right to participate in the presentation of any counter-offer made by the seller or lessor. He/She does not have the right to be present at any discussion or evaluation of a counter-offer by the purchaser or lessee (except where the cooperating Participant is a subagent). However, if the purchaser or lessee gives written instructions to the cooperating Participant that the listing Participant not be present when a counter-offer is presented, the listing Participant has the right to a copy of the purchaser's or xxxxxx's written instructions.