TWO REAL ESTATE BROKERS Sample Clauses
The "Real Estate Brokers" clause defines the roles and responsibilities of real estate brokers involved in the transaction. It typically identifies the brokers representing each party, clarifies whether any commissions are due, and specifies which party is responsible for paying those commissions. For example, it may state that the seller will pay a certain percentage to the listing broker, or that no broker was involved in the deal. This clause ensures transparency regarding broker involvement and helps prevent disputes over commission payments or undisclosed broker relationships.
TWO REAL ESTATE BROKERS. Tenant represents that, except for the broker(s) listed in Section 1.01(18), Tenant has not dealt with any real estate broker, sales person, or finder in connection with this Lease, and no such person initiated or participated in the negotiation of this Lease, or showed the Premises to Tenant. Tenant hereby agrees to indemnify, protect, defend and hold Landlord and the Indemnitees, harmless from and against any and all liabilities and claims for commissions and fees arising out of a breach of the foregoing representation. Landlord agrees to pay any commission to which Landlord's Broker listed in Section 1.01(18) is entitled in connection with this Lease pursuant to Landlord's written agreement with such broker. Landlord and Tenant agree that any commission payable to Tenant's Broker shall be paid by Tenant except to the extent Tenant's Broker and Landlord's Broker have entered into a separate agreement between themselves to share the commission paid to Landlord's Broker by Landlord. ARTICLE TWENTY-THREE MORTGAGEE PROTECTION
TWO REAL ESTATE BROKERS. Landlord and Tenant represent to each other that in connection with this Lease they are represented by Tenant’s Broker identified in Section 1.01(19) and Landlord’s Broker identified in Section 1.01(19), and that except for Tenant’s Broker and Landlord’s Broker, neither has dealt with any real estate broker, sales person, or finder in connection with this Lease, and no such person initiated or participated in the negotiation of this Lease. Landlord and Tenant hereby indemnify and agree to protect, defend and hold the other harmless from and against all claims, losses, damages, liability, costs and expenses (including, without limitation, reasonable attorneys’ fees and expenses) by virtue of any broker, agent or other person claiming a commission or other form of compensation by virtue of alleged representation of, or dealings or discussions with, Landlord or Tenant, as applicable, with respect to the subject matter of this Lease, except for Landlord’s Broker and except for a commission payable to Tenant’s Broker to the extent provided for in a separate written agreement between Tenant’s Broker and Landlord’s Broker. Tenant is not obligated to pay or fund any amount to Landlord’s Broker, and Landlord hereby agrees to pay such commission, if any, to which Landlord’s Broker is entitled in connection with the subject matter of this Lease pursuant to Landlord’s separate written agreement with Landlord’s Broker. Such commission shall include an amount to be shared by Landlord’s Broker with Tenant’s Broker to the extent that Tenant’s Broker and Landlord’s Broker have entered into a separate agreement between themselves to share the commission paid to Landlord’s Broker by Landlord. The provisions of this Section shall survive the expiration or earlier termination of the Lease.
TWO REAL ESTATE BROKERS. Tenant represents that, except for Zach▇▇▇ ▇. ▇▇▇▇▇, ▇▇, ▇▇nant has not dealt with any real estate broker, sales person, or finder in connection with this Lease, and no such person initiated or participated in the negotiation of this Lease, or showed the Premises to Tenant. Tenant hereby agrees to indemnify, protect, defend and hold Landlord and the Indemnitees, harmless from and against any and all liabilities and claims for commissions and fees arising out of a breach of the foregoing representation. Landlord shall be responsible for the payment of all commissions to the broker, if any, specified in this Article.
TWO REAL ESTATE BROKERS. Tenant represents that, except for the broker(s) listed in Section 1.01(16), Tenant has not dealt with any real estate broker, sales person, or finder in connection with this Lease, and no such person initiated or participated in the negotiation of this Lease, or showed the Premises to Tenant. Tenant hereby agrees to indemnify, protect, defend and hold Landlord and the Indemnitees, harmless from and against any and all liabilities and claims for commissions and fees arising out of a breach of the foregoing representation. Landlord agrees to pay any commission to which Landlord's Broker listed in Section 1.01(16) is entitled in connection with this Lease pursuant to Landlord's written agreement with such broker. Landlord and Tenant agree that any commission payable to Tenant's Broker shall be paid by Tenant except to the extent Tenant's
TWO REAL ESTATE BROKERS. Each party hereto represents and warrants that, except for ▇▇▇▇▇▇▇ & ▇▇▇▇▇▇▇▇▇ State Street, Inc. (“C&W”) and LaSalle Partners ("LaSalle"), it has not dealt with any other real estate broker, sales person, or finder in connection with this Lease, and no such other person initiated or participated in the negotiation of this Lease, or showed the Premises to Tenant. Tenant hereby agrees to indemnify, protect, defend and hold Landlord and the Indemnitees, harmless from and against any and all liabilities and claims for commissions and fees arising out of a breach of the foregoing representation. Landlord hereby agrees to indemnify, protect, defend and hold Tenant harmless from and against any and all liabilities and claims for commissions and fees arising from a breach of Landlord's representation. Landlord shall be responsible for the payment of all commissions to C&W and LaSalle pursuant to a separate agreement.
TWO REAL ESTATE BROKERS. Tenant represents that, except for Cushman and Wakefield of Illinois, Inc. and CB Richard Ellis, Inc., T▇▇▇▇▇ ▇as no▇ ▇▇▇▇▇ ▇ith any real estate broker, ▇▇▇▇▇ ▇▇▇▇▇n, or finder in connection with this Lease, and no such person initiated or participated in the negotiation of this Lease, or showed the Premises to Tenant. Tenant hereby agrees to indemnify, protect, defend and hold Landlord and the Indemnitees, harmless from and against any and all liabilities and claims for commissions and fees arising out of a breach of the foregoing representation. Landlord shall be responsible for the payment of all commissions to the broker, if any, specified in this Article.
TWO REAL ESTATE BROKERS. Tenant represents that Tenant has not dealt with any real estate broker, sales person, or finder in connection with this Lease other then Landlord's broker, Lincoln Property Company (the "Broker"), and no such person initiated or participated in the negotiation of this Lease, or showed the Premises to Tenant other than Broker Landlord shall be responsible for the payment of all commissions to the Broker, if any, specified in this Article.
TWO REAL ESTATE BROKERS. Tenant represents that, except for the broker(s) listed in Section 1.01(18), Tenant has not dealt with any real estate broker, sales person, or finder in connection with this Lease, and no such person initiated or participated in the negotiation of this Lease, or showed the Premises to Tenant. Tenant hereby agrees to indemnify, protect, defend and hold Landlord and the Indemnitees, harmless from and against any and all liabilities and claims for commissions and fees arising out of a breach of the foregoing representation. Landlord agrees to pay one commission to CB ▇▇▇▇▇▇▇ ▇▇▇▇▇, Inc., as and to the extent CB ▇▇▇▇▇▇▇ ▇▇▇▇▇, Inc. is entitled, pursuant to Landlord's written agreement with CB ▇▇▇▇▇▇▇ ▇▇▇▇▇, Inc., which is acting both as Landlord's Broker listed in Section 1.01(18)
TWO REAL ESTATE BROKERS. Tenant and Landlord represents to each other that, except for ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇ Company of New Jersey, Inc., neither Tenant nor Landlord has not dealt with any real estate broker, sales person, or finder in connection with this Lease, and no such person initiated or participated in the negotiation of this Lease, or showed the Premises to Tenant. Tenant and Landlord hereby agree to indemnify, protect, defend and hold the other harmless from and against any and all liabilities and claims for commissions and fees arising out of a breach of the foregoing representation. Landlord shall be responsible for all commissions to the brokers, if any, specified in this Article, but only in accordance with a separate agreement entered into between Landlord and such brokers.