It is understood and agreed that the said further commission is to be paid on the earlier
of the date of execution of the extension or renewal or the date the extension or renewal commences. If a tenant to whom the Listing Brokerage rented
or leased the Property effects an offer to purchase the Property during the tenancy period or any renewal of the tenancy agreement, the Landlord agrees
to pay the Listing Brokerage a commission of.................% of the sale price of the Property or ...for the purchase of the Property.
Any deposit in respect of any agreement where the transaction has been completed shall first be applied to reduce the commission payable. Should
such amounts paid to the Listing Brokerage from the deposit or by the Landlord’s solicitor not be sufficient, the Landlord shall be liable to pay to the
Listing Brokerage on demand, any deficiency in commission and taxes owing on such commission.
In the event the tenant fails to complete the lease and the deposit becomes forfeited, awarded, directed or released to the Landlord, the Landlord then
authorize the Listing Brokerage to retain as agreed compensation for services rendered, fifty (50%) per cent of the said deposit (but not to exceed the
commission payable had a lease been consummated) and to pay the balance of the deposit to the Landlord.
All amounts set out as commission are to be paid plus applicable federal Goods and Services Tax (GST) on such commission.
不要机器翻译,谢谢