Earned and Payable Sample Clauses

POPULAR SAMPLE Copied 1 times
Earned and Payable. A person is not obligated to pay Broker a commission until such time as Broker's commission is earned and payable. (1) Broker's commission is earned when Client enters into a binding written contract for the acquisition of property in the market area. (2) Broker's commission is payable, either during the term of this agreement or after it ends, upon the earlier of: (a) the closing of the transaction to acquire the property; (b) Client's breach of a written contract to purchase or lease a property in the market area; or (c) Client's breach of this agreement. (3) If Client acquires more than one property under this agreement, Broker's commissions for each property acquired are earned as each property is acquired and are payable at each closing of the properties acquired.
View SourceView Similar (3)
Earned and Payable. Cooperating Broker’s Fee is earned at the time the lease is binding on the parties to the lease. Cooperating Broker’s fee is Payable (i) if Cooperating Broker is the procuring cause of the lease and (ii) when a lease is executed and/or when a sale closes between the parties. Listing/Principal ▇▇▇▇▇▇ is not obligated to pay Cooperating Broker any fee if, through no fault of the Listing/Principal ▇▇▇▇▇▇ and in the exercise of good faith and reasonable care, the Listing/Principal ▇▇▇▇▇▇ is unable to collect its fee under the separate agreement with the property Owner/Landlord.
View Source
Earned and Payable. A person is not obligated to pay Broker a commission until such time as Broker’s commission is earned and payable. Broker’s commission is earned when: (1) Buyer enters into a contract to buy a property in the ACTRIS Central Texas MLS area; or (2) Buyer breaches this Agreement. Broker’s commission is payable, either during the term of this Agreement or after it ends, upon the earlier of: (1) The closing of the transaction to acquire the property; (2) Buyer’s breach of a contract to buy a property in the ACTRIS Central Texas MLS area; or (3) Buyer’s breach of this Agreement.
View Source
Earned and Payable. ▇▇▇▇▇▇’s compensation is earned when: (1) Client enters into a contract to buy or lease property in the market area; or (2) Client breaches this Agreement. ▇▇▇▇▇▇’s compensation is payable, either during the term of this Agreement or after it ends, upon the earlier of: (1) the closing of the transaction to acquire the property; (2) Client’s breach of a contract to buy or lease a property in the market area; or (3) Client’s breach of this Agreement. If Client acquires more than one property under this Agreement, ▇▇▇▇▇▇’s compensation for each property acquired are earned as each property is acquired and are payable at the closing of each acquisition.
View Source

Related to Earned and Payable

  • Measurement and Payment Temporary traffic control work, including, but not limited to installation and removal of portable signs, cones, drums, skinny drums, flaggers, AFAD’s, changeable message boards, truck mounted attenuators, flashing arrow boards, and pilot vehicles will be paid at the contract lump sum price for

  • Expense Accrual and Payment Services (1) For each valuation date, calculate the expense accrual amounts as directed by the Trust as to methodology, rate or dollar amount. (2) Process and record payments for Fund expenses upon receipt of written authorization from the Trust. (3) Account for Fund expenditures and maintain expense accrual balances at the level of accounting detail, as agreed upon by USBFS and the Trust. (4) Provide expense accrual and payment reporting.

  • Calculation and Payment Interest on LIBOR Loans and all other Obligations and the amount of any fees set forth in Subsection 1.4 shall be calculated on the basis of a three hundred sixty (360) day year for the actual number of days elapsed. Interest on the Base Rate Loans shall be calculated on the basis of a three hundred sixty-five or -six (365-6) day year for the actual number of days elapsed. The date of funding or conversion to a Base Rate Loan and the first day of an Interest Period with respect to a LIBOR Loan shall be included in the calculation of interest. The date of payment of any Loan and the last day of an Interest Period with respect to a LIBOR Loan shall be excluded from the calculation of interest; provided, if a Loan is repaid on the same day that it is made, one (1) day’s interest shall be charged. Interest accruing on the Base Rate Loan is payable in arrears on each of the following dates or events: (i) the last day of each calendar quarter; (ii) the prepayment of such Loan (or portion thereof); and (iii) the applicable Maturity Date or the Revolving Loan Expiration Date, as the case may be, whether by acceleration or otherwise. Interest accruing on each LIBOR Loan is payable in arrears on each of the following dates or events: (i) the last day of each applicable Interest Period; (ii) if the Interest Period is longer than three (3) months, on each three-month anniversary of the commencement date of such Interest Period; (iii) the prepayment of such Loan (or portion thereof); and (iv) the applicable Maturity Date or the Revolving Loan Expiration Date, as the case may be, whether by acceleration or otherwise.

  • Costs and Payments During the period that Sprint PCS is curing a breach or operating the Service Area Network under this Section 11.6.3, Sprint PCS and Manager will continue to make any and all payments due to the other party and to third parties under this agreement, the Services Agreement and any other agreements to which such party is bound, except that Sprint PCS may deduct from its payments to Manager all reasonable costs and expenses incurred by Sprint PCS in connection with the exercise of its right under this Section 11.6.3. Sprint PCS' operation of the Service Area Network pursuant to this Section 11.6.3 is not a substitution for Manager's performance of its obligations under this agreement and does not relieve Manager of its other obligations under this agreement.

  • Consideration and Payment The purchase price for the sale of the Purchased Assets sold to the Purchaser on the Closing Date shall equal the estimated fair market value of the Purchased Assets. Such purchase price shall be paid in cash to Santander Consumer in an amount agreed to between Santander Consumer and the Purchaser, and, to the extent not paid in cash by the Purchaser, shall be paid by a capital contribution by Santander Consumer of an undivided interest in such Purchased Assets that increases its equity interest in the Purchaser in an amount equal to the excess of the estimated fair market value of the Purchased Assets over the amount of cash paid by the Purchaser to Santander Consumer.