Prospects and Operations Clause Samples
The 'Prospects and Operations' clause defines the rights and obligations of the parties regarding the exploration, development, and management of potential business opportunities or resources. It typically outlines how new prospects are identified, evaluated, and incorporated into ongoing operations, and may specify procedures for decision-making, cost-sharing, and participation in new ventures. This clause ensures that all parties have a clear understanding of how future opportunities will be handled, promoting transparency and cooperation while minimizing disputes over operational control and benefit allocation.
Prospects and Operations. Unless required by law or expressly permitted by ▇▇▇▇▇▇, Associate may not furnish any person engaged in the real estate business with information about:
i. ▇▇▇▇▇▇'s prospects or ▇▇▇▇▇▇'s relationship with any prospects;
ii. Broker's policies and business operations;
iii. ▇▇▇▇▇▇'s password or username of any on Broker's on-line database programs or photographs; or
iv. Broker's produced apartment availability reports.
Prospects and Operations. Unless requiredby law or expressly permitted by ▇▇▇▇▇▇, Associate may not furnish any person engaged in the real estate business with information about:
(1) ▇▇▇▇▇▇'s prospects or ▇▇▇▇▇▇'s relationship with any prospects;
(2) Broker's policies and business operations;
(3) Broker's password or username of any on Broker's on-line database programs or photographs; or
(4) ▇▇▇▇▇▇'s produced apartment availability reports. DocuSign Envelope ID: 966F82E5-1FCA-4AA7-843D-4D7D230C3F99 _____ ___________________