Common use of AGREE TO THE FOLLOWING TERMS Clause in Contracts

AGREE TO THE FOLLOWING TERMS. If Client/Buyer is the high bidder at the auction in which the Seller accepts the written offer to purchase, and subsequently closes the transaction in accordance with the terms of the purchase agreement, the listed brokerage will receive a flat referral fee of two percent (2%) of the high bid price at closing, subject to the following terms. It is understood and agreed that Client/▇▇▇▇▇ must acknowledge Broker/Agent representation by signing this Agreement. It is understood and agreed that no referral fee or compensation whatsoever shall be due brokerage unless and until each of the following conditions has occurred: (a) my delivery of this Auction Broker Registration Agreement to Tranzon Asset Advisors (the “Auction Firm”), (b) Broker/Agent must physically be in attendance with the Client/Buyer at the auction sale AND at least one of the open house/public inspection events (if applicable), in the event of an online auction the Broker/Agent will assist the Client/Buyer with bidding online, (c) execution by Client/Buyer of all necessary closing documentation and payment of the total purchase price and closing costs through the closing agent, and (d) actual and final closing of title as evidenced by execution, delivery, and recording of closing instruments to/by the closing agent, and;

AGREE TO THE FOLLOWING TERMS. If Client/Buyer is the high bidder at the auction in which the Seller accepts the written offer to purchase, and subsequently closes the transaction in accordance with the terms of the purchase agreement, the listed brokerage will receive a flat referral fee of two one percent (21%) of the high bid price at closing, subject to the following terms. It is understood and agreed that Client/▇▇▇▇▇ must acknowledge Broker/Agent representation by signing this Agreement. It is understood and agreed that no referral fee or compensation whatsoever shall be due brokerage unless and until each of the following conditions has occurred: (a) my delivery of this Auction Broker Registration Agreement to Tranzon Asset Advisors (the “Auction Firm”), (b) Broker/Agent must physically be in attendance with the Client/Buyer at the auction sale AND at least one of the open house/public inspection events (if applicable), in the event of an online auction the Broker/Agent will assist the Client/Buyer with bidding online, (c) execution by Client/Buyer of all necessary closing documentation and payment of the total purchase price and closing costs through the closing agent, and (d) actual and final closing of title as evidenced by execution, delivery, and recording of closing instruments to/by the closing agent, and;