Terms and Conditions between OfficeBroker.io, associated sites and the Operators.
1. The Operator means person, firms or companies acquiring the services of OfficeBroker.io or associated companies.
2. The name OfficeBroker.io refers to JJF&G Ltd or associated sites owned by JJF&G Ltd, whose registered address is; 2 Hampden Road, Bedfordshire, Flitwick, England, MK45 1HX.
3. The Operator appoints OfficeBroker.io for the introduction of customers, subject to the following terms:
4. When the same lead has been supplied by more than one agent, then it is the agent who arranges the viewing and that viewing is kept, who shall receive the fees. In the event that an agent does not arrange a viewing, then the first agent to make the referral secures the fee.
4.1 Providers shall not be permitted to contact any Clients about any Space or Licence Agreement directly during the negotiation of a Licence Agreement. All dealings before the execution of a Licence Agreement must be conducted through us. If a client attempts to contact a Provider directly, that Provider must immediately inform us via e-mail detailing the nature of the communications.
4.2 Providers will not make any attempt to circumvent Office Broker by entering into a Licence Agreement with a Provider that you were introduced to by Office Broker and/or by directly booking a Space that you found on our Website with the Provider; and
4.3 Providers will at all times keep Office Broker informed concerning any Licence Agreement you may enter into with a Client that commences within six months of any introduction by us to that Provider.
4.4 Providers shall promptly advise Office Broker of any required change to the Fees due to Office Broker in respect of the Space including all and any temporal and spatial extensions
4.5 All Fees are to be paid upfront on completion of the Licence Agreement for the greater of, the equivalent of the minimum term of the Licence Agreement or the first 12 months of any Licence Agreement.
4.6 Should a Client sign and Licence Agreement with a Provider within six months of an Introduction by us, regardless of whether a Space requested through Office Broker is included, the Fees will be due and payable by the Provider.
4.7 Should a Client extend its Licence Agreement with a Provider or to include new Space, the Provider agrees to make the payment following these Terms.
4.8 The Provider acknowledges that if it is contacted by Office Broker on behalf of a Client concerning a Space that this constitutes an introduction (“Introduction”). Once an Introduction has taken place, should the Client book a Space with the Provider within six months of any Introduction our Fee Structure will apply as outlined below:
4.9 (1-12 months = 10% of the total value of the Licence Agreement plus VAT)
4.10 (13-24 months = 2% of the total value of the Licence Agreement plus VAT)
4.11 (24+ months = 0% of the total value of the Licence Agreement plus VAT)
4.12 Our Fees will be raised immediately following the execution of any Licence Agreement or any extension thereof. The Provider agrees to pay all invoices within 7 days of the invoice date.
4.13 If the Provider fails to make any payment of the Fees due to Office Broker by the due date for payment, then the Provider shall be required to pay interest on the overdue amount at the rate of 8% per cent per annum above the Bank of England base rate as updated from time to time. Such interest shall accrue daily from the due date until actual payment of the overdue amount, whether before or after judgment. The Provider shall pay the interest together with the overdue amount.
4.14 Should a Licence Agreement be terminated earlier than the initial fixed term, then the Provider shall be entitled to a pro-rata refund of the Office Broker fee, provided that evidence of the termination of the Licence Agreement has been reviewed and approved by Office Broker.
4.15 If a Licence Agreement is terminated early following Paragraph 4, the six-month period following the Introduction of the Client to the Provider, in which the Fee Structure shall be payable to Office Broker, shall begin afresh from the date of early termination by the Client.
4.16 The Provider must also indemnify, defend and hold harmless Office Broker against all losses that Office Broker incurs or suffers however arising as a result of or in connection with:
4.17 the Provider’s breach of the warranties set out herein;
4.18 the Provider’s breach or negligent performance or non-performance of any obligations under these Terms; and/or
4.19 any claim made by a Client or any third party arising out of or in connection with the provision of the Space by the Provider, to the extent that such claim arises.
4.20 Should license fees from a particular customer increase or decrease during the term of the agreement, it is the responsibility of the Operator to inform us in writing so invoices can be adjusted accordingly.
Termination of Agreement:
These terms and conditions shall be terminable with immediate effect by either party on given written notice. Once an agreement is terminated by either party, a customer introduced by OfficeBroker.io prior to the termination date which gives rise to a fee due in accordance with the foregoing, these conditions shall still apply.
Change of Ownership/Insolvency:
In the event of a sale or insolvency, commission payable in accordance with these terms and conditions shall be due and payable in full. It is the responsibility of the Operator to advise OfficeBroker.io in writing to ensure the new owners are aware of future commission payments obligations to OfficeBroker.io. Should a subsequent owner not agree to cover the remaining commission obligations, then those payments will be due from the vendor.