Broker’s Commission definition
Examples of Broker’s Commission in a sentence
In case of receiving Introducing Broker’s Commission from the Clients accounts deposited via debit/credit cards, the timing may be extended up to 45 working days with a potential extension if necessary оn the Company notification.
In the event Seller does not pay the Broker the full amount of the Commission, Buyer shall OR shall not pay Broker the difference at closing between Broker’s Commission and the commission actually paid to Broker.
The payment of these costs, fees, charges and expenses by Seller shall not waive or limit Broker’s right to assert any other claim, cause of action or suit (hereinafter collectively, “Claims”) against Seller for Broker’s Commission and /or other damages and shall not release Seller from such Claims.
Seller hereby represents and warrants to Buyer that Seller has not employed any broker with respect to this transaction, other than Broker, and Seller shall only pay the Broker’s Commission.
In the event that Seller enters into a Contract to Sell or lease, lease/purchase, or lease with an option to purchase the Property or any portion thereof during the term of this Agreement with any buyer, seller agrees to pay Broker’s Commission at the closing (regardless of whether the closing is during or after the term of this Agreement), and if applicable, Broker’s Leasing Commission prior to the commencement of a lease, lease/purchase, or lease with an option to purchase.