Leasing Agent definition
Examples of Leasing Agent in a sentence
The Leasing Agent shall have the right to collect all rents due hereunder so that its commission may be paid in installments as the rent is received, and retained by the Leasing Agent before remitting the rent (less commissions) to Landlord, but if any act be done to deprive the Leasing Agent of its right to collect the rent, then the whole amount of its commission then unpaid shall, at the Leasing Agent's option, immediately become due and payable.
Neither Landlord nor Leasing Agent shall be under any duty to instruct Tenant or others as to the use of any equipment on the Leased Premises.
The Leasing Agent shall coordinate the leasing of the Properties and shall negotiate and use its commercially reasonable efforts to secure executed leases from qualified tenants, and to execute same on behalf of the Owner, if requested, for available space in the Properties, such lease to be in form and on terms approved by the Owner.
The Company shall have the right to review such invoice and obtain any supporting documentation with respect thereto from the Leasing Agent.
The Leasing Agent shall be responsible for the hiring of all Sub-Agents, as determined by the Leasing Agent to be necessary for the leasing of the Properties, and to otherwise oversee and manage the leasing process on behalf of each Owner.