REPRESENTATION AGREEMENTRepresentation Agreement • September 9th, 2019
Contract Type FiledSeptember 9th, 2019AGENCY RELATIONSHIP. This REPRESENTATION AGREEMENT ("Agreement") is entered into effective as of the ___ day of ____, 2019 (“Effective Date”), by and between the Board of Regents of The University of Texas System ("Client") and ________________("Broker"), in consideration of the services to be performed by Broker in listing for sale or lease, procuring buyers or tenants for the various Premises (as defined in Paragraph 2) and seeking space for purchase or lease on behalf of Client, the respective obligations of the parties set out in this Agreement, and other good and valuable consideration, the receipt and legal sufficiency of which are hereby acknowledged. Client hereby enters into this Agreement with Broker and grants to Broker the right to solicit and seek offers [to purchase from landowners or to lease the properties to or from] one or more qualified, financially responsible potential buyers or landlord/tenant entities (“Prospect(s)”) during the Term and, if applicable, the Renewa