Common use of Carry-Over Clause Clause in Contracts

Carry-Over Clause. Should the Owner lease or contract to lease the Property within days after the expiration 104 of this Agreement to any tenant (or a related person or entity of that tenant) who has been introduced to the Property, 105 directly or indirectly during the Agreement Term hereof, as extended, the Owner agrees to pay the compensation as 106 set forth herein. This includes but is not limited to any introduction or exposure to Property by advertisements or 107 postings appearing in any medium which originated as a result of listing the Property with Broker. Notwithstanding 108 the above, in the event that the Property is leased to the prospective tenant through another licensed broker with whom 109 the Owner has signed an exclusive leasing agreement after the date of expiration of this Agreement, then no 110 compensation shall be owed to Broker by virtue of this Agreement. The compensation obligations set forth herein 111 shall survive the termination of this Agreement.

Appears in 2 contracts

Sources: Exclusive Right to Market for Lease Agreement, Exclusive Right to Market for Lease Agreement