Both parties entered into
exclusive negotiations which have now culminated in the signing of a sale agreement.
Not exact matches
www.emeraldmaterials.com The Carlyle Group has «entered into
exclusive negotiations» to acquire a 75 % stake in Homair Vacances (Paris: ALHOM), a French mobile home operator, from Montefiore Investment (
which would reinvest as a minority shareholder), according to the FT. www.homair.com DRB Systems, a n Akron, Ohio — based provider of software solutions to the car wash industry, has raised an undisclosed amount of funding from Prairie Capital.
The
negotiations are tricky for the studios,
which are locked into lucrative longterm
exclusive contracts with HBO.
Williams Real Estate Co., Inc. v. Ann Taylor, Inc. (251 A.D. 2d 230)- no basis upon
which to seek a brokerage commission where
exclusive brokerage agreement did not contain a protection period and first substantive
negotiations occurred a year and a half after expiration of the
exclusive brokerage agreement; broker's claim for commission against tenant fails where
exclusive brokerage agreement provides that broker would seek a commission only from landlord of the premises; broker fails on procuring cause standard where there is no evidence the broker brought the parties together on mutually agreeable terms; no evidence presented that tenant acted in any manner to deprive broker of a rightful commission.
North40RE Realty, LLC v. Bishop (2 A.D. 3d 1184)- City Court's dismissal of broker's complaint reversed on appeal to County Court affirmed by Appellate Division; reversal is appropriate where there has been a deviation from substantive law
which renders the determination clearly erroneous; broker entitled to commission under clear and unambiguous terms of
exclusive buyer broker agreement; buyer refused to allow broker any involvement in the purchase
negotiations because seller refused to deal with brokers