Lease Commissions Sample Clauses

Lease Commissions. (i) Commissions shall be earned when Client directly or indirectly leases or agrees to lease the Property, whether tenant is procured by Firm, the Client or anyone else during the term of this Agreement. Firm’s commission shall be calculated according to the schedule in Paragraph 7.b.(ii). Commissions shall be paid in cash or by bank check. (ii) Schedule of Commissions: (complete both (a) and (b), only (a) will apply unless Firm elects in writing to have (b) apply)

Lease Commissions. A complete and correct list of all brokerage and leasing agreements affecting the Property, the Leases and any expansion or renewals thereof is set forth on Schedule 3.1(o) hereto (the “Brokerage Agreements”). Prior to the Closing, Seller shall, or shall cause the Company to pay all leasing commissions, whether or not then due, with respect to the Leases, to the effect that as of the date of Closing there shall be no commission or compensation payable under the Brokerage Agreements with respect to the Leases, whether or not then due. Purchaser shall have no obligation to pay any commission or other compensation under any Brokerage Agreement with respect to the expansion or renewal of any Lease.

Lease Commissions. All commissions payable under, relating to, ------------------- or as a result of the Lease will be cashed-out and paid and satisfied in full by Seller at or prior to Closing.

Lease Commissions. All leasing commissions payable in ----------------- connection with the Leases now in occupancy have been paid-in-full, including leasing commissions payable with respect to extensions, expansions and renewals which have not been exercised as of the date hereof or payable in the event a Tenant does not exercise a cancellation right under its Lease, except for lease commission obligations identified on Exhibit E-1.35. --------------

Lease Commissions. No rental, lease, or other commissions with ------------------- respect to the Lease is payable to Seller or any party affiliated with or related to Seller or will be payable to Seller or any party affiliated with or related to Seller in connection with any renewal or extension of the Lease or any expansion of the premises leased by the Tenant. The only commission obligation of Seller with respect to the Lease is set forth in the commission agreement between Seller and Leasing Agents dated September 19, 1997, accepted September 22, 1997, a true and complete copy of which has been provided to Purchaser. Seller has heretofore paid to Leasing Agents $270,000.00 of the commission payable to Leasing Agents under the aforesaid commission agreement and the remaining balance of such commission ($270,000.00) shall be due and payable to Leasing Agents as provided in the aforesaid commission agreement, and shall be paid by Seller at or prior to Closing. Except for the remaining $270,000.00 of the total commission in the amount of $540,000.00 payable by Seller to Leasing Agents as provided in the aforesaid commission agreement, and except as otherwise expressly provided in such commission agreement, no commission obligations currently exist with respect to the Lease or will accrue in the future with respect to the Lease arising out of the acts or agreements of Seller, including any such commission obligations which may result in the future from the exercise by the Tenant thereunder of any right or option in the Lease to extend the term of such Lease or to expand the space leased thereunder. Seller shall and does hereby indemnify and hold harmless Purchaser from and against any claim, whether or not meritorious, for any real estate commission, finder's fee, or like compensation in connection with the Lease or in connection with the exercise by Tenant thereunder of any right or option in the Lease to extend the term of such Lease or to expand the space leased thereunder arising out of any act or agreement by Seller, excepting only such claim by Leasing Agents under the aforesaid commission agreement.

Lease Commissions. Neither Seller nor any affiliate of Seller ------------------- has incurred any obligation for rental, leasing or other commissions with respect to the Lease which will not be cashed-out and paid prior to Closing. Seller agrees to indemnify, defend and hold Purchaser harmless from and against any such obligations created or arising by, through or under Seller or its affiliates. This indemnity shall survive Closing.

Lease Commissions. Except as set fort in that certain Lease ------------------- Commission Agreement, dated September 15, 1995, by and between ▇.▇. ▇▇▇▇ & Associates, Inc. and Industrial Developments International, Inc., a copy of which Purchaser acknowledges that it has received, no rental, lease, or other commissions with respect to the Lease is payable to Seller, any partner of Seller, any party affiliated with or related to Seller or third party.

Lease Commissions. No commissions are due and payable, or will become due and payable, as a result of the Lease, due to the actions of Seller or to the best knowledge of Seller.

Lease Commissions. If a lease between Landlord and a Prospective Tenant for the Property (a “Lease”) is executed by the Prospective Tenant during the Term and then submitted by Landlord staff to the City Council for approval and subsequently approved by the City Council, then Landlord shall pay to Broker a leasing commission in the following amount in connection with the lease (subject to Section 4 below): (a) If the prospective Tenant does not have a broker, the amount of the commission shall be four percent (4%) of the base/fixed rent for the first five (5) years of the term of the Lease and two percent (2%) of base/fixed rent for the second five years of the term of the Lease. (b) If the prospective Tenant has a broker, the amount of the commission shall be six percent (6%) of the base/fixed rent for the first five (5) years of the term of the Lease and three percent (3%) of the base/fixed rent for the second five (5) years of the term of the Lease.