Common use of When Earned Clause in Contracts

When Earned. Such commission shall be earned upon the occurrence of any of the following: 127 7.2.1. Any Lease of the Premises within the Listing Period by Landlord, by Broker or by any other person; 128 7.2.2. ▇▇▇▇▇▇ finding a tenant who is ready, willing and able to complete the lease or sale as specified in this Landlord 129 Listing Contract; or 130 7.2.3. Any Lease (or Sale if § 3.5.2 is checked) of the Premises within calendar days subsequent to the (1) to anyone with whom ▇▇▇▇▇▇ negotiated and (2) whose name was submitted, in 132 writing, to Landlord by ▇▇▇▇▇▇ during the Listing Period, including any extensions thereof, (Submitted Prospect). Provided, however, 133 Landlord Shall Shall Not owe the commission to Brokerage Firm under this § 7.2.3 if a commission is earned by another 134 licensed real estate brokerage firm acting pursuant to an exclusive agreement entered into during the Holdover Period and a Lease 135 or Sale to a Submitted Prospect is consummated. If no box is checked above in this § 7.2.3, then Seller shall not owe the 136 commission to Brokerage Firm.

Appears in 1 contract

Sources: Exclusive Right to Lease Listing Contract

When Earned. Such commission shall be earned upon the occurrence of any of the following: 127 36 7.2.1. Any Lease Sale of the Premises Property, if a Broker Sale, within the Listing Period by Landlord, by Broker or by any other personPeriod; 128 37 7.2.2. ▇▇▇▇▇▇ finding a tenant buyer who is ready, willing and able to complete the sale or lease or sale as specified in this Landlord 129 the Seller 38 Listing Contract; or 130 39 7.2.3. Any Lease (or Sale if § 3.5.2 is checked) of the Premises Property, if a Broker Sale, within calendar days subsequent to the the expiration of the 40 Listing Period (Holdover Period) (1) to anyone with whom ▇▇▇▇▇▇ negotiated and (2) whose name was submitted, in 132 writing, to Landlord 41 Seller by ▇▇▇▇▇▇ Broker during the Listing Period, including any extensions thereof, (Submitted Prospect). Provided, however, 133 Landlord Seller 42 Shall Shall Not owe the commission to Brokerage Firm under this § 7.2.3 if a commission is earned by another 134 licensed 43 real estate brokerage firm acting pursuant to an exclusive agreement entered into during the Holdover Period and a Sale or Lease 135 or Sale 44 to a Submitted Prospect is consummated. If no box is checked above in this § 7.2.3, then Seller shall not owe the 136 commission to Brokerage Firm.to

Appears in 1 contract

Sources: Exclusive Right to Sell Listing Contract