Examples of Protected Period in a sentence
If this Agreement is unilaterally terminated by Seller without the consent of the Broker, the Protected Period shall be the number of days remaining on what would have been the original listing as of the date the Seller terminates the Agreement plus the number of days set forth as the Protected Period in Section A.5 of this Agreement.
The Protected Period shall be the period of time set forth in this Agreement commencing upon the expiration or the unilateral termination of this Agreement by Seller during which Broker shall be protected for its Commission or Leasing Commission, as applicable.
The length of Protected Period, as that term is herein defined, shall be days.
With respect to this event of default, Seller’s obligation to pay Broker its Commission shall be controlled by the Protected Period sections of this Agreement.
There shall be no Protected Period if Broker and Seller mutually agree to terminate this Agreement.