Procuring Cause. Buyer hereby acknowledges that FCBB-136 has contractual agreements with the Seller by which FCBB-136 is Seller’s authorized agent in a potential Transaction. If the undersigned individually, and on behalf of any affiliated prospective Buyer, requests from FCBB-136 Confidential Information about certain Businesses, then Buyer acknowledges that FCBB-136 is: (a) the first to provide information about potential Transactions related to these Businesses; (b) the sole procuring cause should Buyer execute any Transaction pursuant to this Agreement; and (c) entitled to their commission for any possible Transaction. Buyer understands and acknowledges that divulging Confidential Information to another Broker or agent does not constitute a co-broker agreement and/or authorize splitting of fees between Brokers. Buyer further agrees to be responsible for any fees owed to any other Broker or agent with whom Buyer has signed a Buyers Brokerage Agreement. Buyer agrees that if the Buyer becomes involved or affiliated in any capacity with any Business(es) shown or offered for sale, or should Buyer buy, trade, lease, loan money to or exchange any Business(es) disclosed, then a fee will be due and payable immediately to FCBB-136. Buyer authorizes FCBB-136 to act on Buyer’s behalf to negotiate a new lease or Real Estate Purchase from the owner of the property where the business(es) is located, and collect any fees if paid for such service. The Buyer warrants and agrees that the Broker is the sole procuring cause in such a
Appears in 1 contract
Procuring Cause. Buyer hereby acknowledges that FCBB-136 has contractual agreements with the Seller by which FCBB-136 is Seller’s authorized agent in a potential Transaction. If the undersigned individually, and on behalf of any affiliated prospective Buyer, requests from FCBB-136 Confidential Information about certain Businesses, then Buyer acknowledges that FCBB-136 is: (a) the first to provide information about potential Transactions related to these Businesses; (b) the sole procuring cause should Buyer execute any Transaction pursuant to this Agreement; and (c) entitled to their commission for any possible Transaction. Buyer understands and acknowledges that divulging Confidential Information to another Broker or agent does not constitute a co-broker agreement and/or authorize splitting of fees between Brokers. Buyer further agrees to be responsible for any fees owed to any other Broker or agent with whom Buyer has signed a Buyers Brokerage Agreement. Buyer agrees that if the Buyer becomes involved or affiliated in any capacity with any Business(es) shown or offered for sale, or should Buyer buy, trade, lease, loan money to or exchange any Business(es) disclosed, then a fee will be due and payable immediately to FCBB-136. Buyer authorizes FCBB-136 to act on Buyer’s behalf to negotiate a new lease or Real Estate Purchase from the owner of the property where the business(es) is located, and collect any fees if paid for such service. The Buyer warrants and agrees that the Broker is the sole procuring cause in such athe
Appears in 1 contract