Compensation Agreement definition
Examples of Compensation Agreement in a sentence
This Compensation Agreement sets forth the entire understanding between the Parties as to the subject matter contained herein and merges and supersedes all prior discussions, agreements, and undertakings of every kind and nature between the Parties with respect to the subject matter of this Compensation Agreement.
This Pre-Showing Compensation Agreement shall not modify or amend any separate agreement regarding Buyer’s Broker’s Compensation between Buyer’s Broker and the buyer.
A party shall be in default of this Compensation Agreement if the party fails to perform any material obligation under this Compensation Agreement and such failure continues uncured for more than thirty (30) days after receiving a written notice of default from the other party.
This Compensation Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument, and any party to this Compensation Agreement may execute this Compensation Agreement by signing any such counterpart.
The Board acknowledges that this Compensation Agreement comprises the entirety of compensation for foregone property tax revenue to which the Board may be entitled in connection with the TIF granted pursuant to the TIF Act and the CRA.