Common use of BUYER’S PREMIUM Clause in Contracts

BUYER’S PREMIUM. There will be a Buyer's Premium of ten percent (10%) added to the high bid price to arrive at the total purchase price for the Premises to be paid by the successful bidder at the Closing (as hereinafter defined).

BUYER’S PREMIUM. There will be a BuyerBUYER's Premium of ten percent (10%) added to the high bid price to arrive at the total purchase price for the Premises to be paid by the successful bidder at the Closing (as hereinafter defined).