Common use of When Earned Clause in Contracts

When Earned. The Success Fee is earned by the Brokerage Firm upon the Purchase of the Property 132 and is payable upon closing of the transaction. If any transaction fails to close as a result of the seller’s default, with no fault on the 133 part of Buyer, the Success Fee shall be waived. If any transaction fails to close as a result of Xxxxx’s default, in whole or in part, 134 the Success Fee shall not be waived; such fee shall be payable upon Buyer’s default, but in any event not later than the date that 135 the closing of the transaction was to have occurred.

Appears in 2 contracts

Samples: Exclusive Right to Buy Listing Contract, Exclusive Right to Buy Listing Contract

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When Earned. The Success Fee is earned by the Brokerage Firm upon the Purchase of the Property 132 and is 132 payable upon closing of the transaction. If any transaction fails to close as a result of the seller’s default, with no fault on the 133 part of Buyer, the 133 Success Fee shall be waived. If any transaction fails to close as a result of XxxxxBuyer’s default, in whole or in part, 134 the Success Fee shall not be 134 waived; such fee shall be payable upon BuyerXxxxx’s default, but in any event not later than the date that 135 the closing of the transaction was to have 135 occurred.

Appears in 1 contract

Samples: Exclusive Right to Buy Listing Contract

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When Earned. The Success Fee is earned by the Brokerage Firm upon the Purchase of the Property 132 and is payable upon closing of the transaction. If any transaction fails to close as a result of the seller’s default, with no fault on the 133 part of Buyer, the Success Fee shall be waived. If any transaction fails to close as a result of XxxxxBuyer’s default, in whole or in part, 134 the Success Fee shall not be waived; such fee shall be payable upon Buyer’s default, but in any event not later than the date that 135 the closing of the transaction was to have occurred.

Appears in 1 contract

Samples: Exclusive Right to Buy Listing Contract

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