Allocation of Closing Costs. Closing costs shall be allocated as set forth below:
(i) Escrow charges: 50% to Buyer and 50% to Seller.
(ii) Recording fees for Deed: 100% to Seller.
(iii) Title insurance premium for the Title Policy: 100% to Seller for the premium for standard owner’s coverage in the amount of the Purchase Price. Buyer shall be solely responsible for the cost of extended coverage and all endorsements other than endorsements obtained by Seller to remove exceptions Seller agrees to remove, which shall be at Seller’s cost.
(iv) Transfer taxes: 100% to Seller.
(v) Survey costs: 100% to Seller for the initial Survey; 100% to Buyer for updates, modifications or recertification.
(vi) Attorneys’ Fees: Each party to pay its own fees.
(vii) Other: According to custom where the Property is located.
Allocation of Closing Costs. Closing costs shall be allocated as set forth below:
(i) Escrow charges: 50% to Buyer and 50% to Transferors.
(ii) Recording fees: 50% to Buyer and 50% to Transferors.
(iii) Title insurance premium for base Title Policy: 100% to Transferors. Buyer shall be solely responsible for the costs for extended coverages, endorsements and lender's title policies requested by Buyer or its lender(s).
(iv) Transfer taxes: 100% to Buyer.
(v) Survey costs: 100% to Buyer.
Allocation of Closing Costs. Closing costs shall be allocated between Buyer and Seller as follows:
(i) Seller shall pay:
(A) All charges for the Title Report and the Title Policy, excluding any charge (the "Extended Coverage Premium") for deleting survey and other general exceptions and excluding charges for any title insurance endorsements requested by Buyer in addition to the endorsements covered by the Extended Coverage Premium;
(B) Recording charges for instruments required to remove Liens and other encumbrances that are not Permitted Exceptions and that Seller has elected to cure,
(C) One-half of Escrow Agent's fees and expenses for administering Escrow, and
(D) The commission due to Broker on the sale of the Property hereunder, in accordance with Seller's separate written agreement with Broker.
(ii) Buyer shall pay:
(A) Recording charges for the Deed;
(B) The Extended Coverage Premium, the charges for any title insurance endorsements requested by Buyer in addition to the endorsements covered by the Extended Coverage Premium, and the cost of obtaining the Survey;
(C) One-half of Escrow Agent's fees and expenses for administering Escrow; and
(D) All fees, charges and expenses related to Buyer's financing for the purchase of the Property (including, without limitation, any additional premium for a lender's policy of title insurance). Each Party shall pay the fees and expenses of its attorneys and other consultants. Any other charges and expenses incurred by Escrow Agent in effecting Closing shall be allocated between the Parties in accordance with the custom of the county in which the Real Property is located.
Allocation of Closing Costs. All expenses incurred by the Buyer or the Shareholders in connection with the transactions contemplated hereby, including legal, financial advisory, accounting, and other expert fees, shall be the responsibility of and for the account of the party who ordered the particular service or incurred the particular expense.
Allocation of Closing Costs. Exhibits
Allocation of Closing Costs. Except as specifically provided in Section 2.03, or elsewhere in this Agreement, each party shall be responsible for and bear all of its own transactional costs and charges relating to the purchase and sale contemplated herein.
Allocation of Closing Costs. Closing costs shall be allocated as set forth below: (i) Escrow charges: 50% to Buyer and 50% to Seller.
Allocation of Closing Costs. Closing costs shall be allocated as set forth below:
(i) Escrow and closing agent charges: 50% to Buyer and 50% to Seller.
(ii) Recording fees for Deed and any documents in connection with financing for Buyer: 100% to Buyer.
(iii) Cost of preparation of preliminary title commitments by the Title Company: 100% to Seller.
(iv) Title insurance premiums and other costs for the Title Policy exclusive of extended coverage, survey coverage, endorsements and lender policies or requirements: 100% to Seller.
(v) Title insurance premiums and other costs for the Title Policy for extended coverage, survey coverage, endorsements, and any lender policies or requirements: 100% to Buyer.
(vi) Survey costs: 100% to Buyer for any new survey required by Buyer or any updates, modifications and recertification of any existing survey provided by Seller.
(vii) Attorneys’ Fees: Each party to pay its own fees. (viii) Other: According to custom where the Property is located.
Allocation of Closing Costs. Closing costs shall be allocated as set forth below:
(i) Escrow fee charged by Escrow Holder: 100% to Seller.
(ii) Closing Attorney fees and costs (other than for preparation of the title commitment and Title Policy): 50% to Buyer and 50% to Seller.
(iii) Recording fees for Deed, other transaction documents and any documents in connection with any financing for Buyer: 100% to Buyer.
(iv) Cost of preparation of title commitment by the Closing Attorney and Title Company: 100% to Buyer.
(v) Title insurance premiums and other costs for the Title Policy: 100% to Buyer.
(vi) Transfer taxes and deed tax: 100% to Seller; mortgage taxes, if any, 100% to Buyer.
(vii) Survey costs: 100% to Buyer for any new survey required by Buyer or any updates, modifications and recertification of any existing survey provided by Seller.
(viii) Attorneys’ Fees: Each party to pay its own fees.
(ix) Other: According to custom where the Property is located.
Allocation of Closing Costs. Closing costs shall be allocated as set forth below:
(i) Escrow charges: 50% to Buyer and 50% to Seller.
(ii) Recording fees for Deed: 100% to Seller.
(iii) Title insurance premium for the Title Policy: 100% to Buyer. Buyer shall also be responsible for the cost of survey and extended coverage and all endorsements other than endorsements obtained by Buyer to remove exceptions Seller agrees to remove, which shall be at Seller’s cost.
(iv) Transfer taxes: 100% to Seller.
(v) Survey costs: 100% to Seller for the initial Survey; 100% to Buyer for updates, modifications and certification.
(vi) Attorneys’ Fees: Each party to pay its own fees.
(vii) Other: According to custom where the Property is located.
