Closing and Closing Costs. This transaction shall be closed on or before / / . TIME IS OF THE ESSENCE. In the event this transaction has failed to close on or before the date set forth herein for any reason other than a default by Seller, Seller has the right, at Seller's option, to terminate this Contract by giving written notice to Buyer and seek all available remedies. Xxxxx agrees to pay all normal buyer's costs and Xxxxxx agrees to pay all normal seller's costs (including without limitation costs and expenses necessary to deliver the title to the property contemplated by this Contract) common to Kentucky legal practice, except as follows:
Closing and Closing Costs. (a) The closing of the transaction contemplated hereby (the “Closing”) shall take place at the offices of Xxxxxxxxx Xxxx XXX, 0000 Xxxxxxxx, Xxx Xxxx, Xxx Xxxx or at another mutually agreeable location, on March 18, 2004 (“Closing Date”).
(b) Purchaser shall pay all transfer taxes and fees incurred in connection with the transactions consummated pursuant to the terms of this Agreement (“Transfer Tax”).
Closing and Closing Costs. Prior to or at Closing the parties shall do the following:
Closing and Closing Costs. Each party will be responsible for preparing the warranty deed to present to the other side for the transfer of properties. Each party will be responsible for their own expenses. Each party will pay for the recording fees for the warranty deed for the property it is receiving. There will be no proration of either city taxes or county taxes since both parties are governmental entities and are not subject to taxes. Possession will be given as of the date of deed.
Closing and Closing Costs. 3.1. The closing and settlement of this transaction (“Closing”) shall occur on Friday, October 18, 2013 or an earlier date mutually agreed to by the parties (“Closing Date”). Closing shall be held by Escrow through the Escrow Agent. The parties acknowledge and agree that time is of the essence in the performance of their obligations and Closing hereunder. 9/12/2013 12:02 PM
3.2. Notwithstanding anything to the contrary set forth herein, Buyer acknowledges that this Agreement does not contain any financing contingency, either expressed or implied, and neither this Agreement nor any of its terms or Buyer's obligations hereunder shall be subject to or conditioned upon Buyer's ability to obtain a mortgage, other financing or a commitment for its acquisition of the Property.
3.3. Seller shall pay one hundred percent (100%) of the County documentary transfer taxes incurred in connection with the conveyance of the Real Property by Seller to Buyer. Buyer and Seller shall each pay one-half of the City of San Xxxx transfer or conveyance taxes incurred in connection with the conveyance of the Real Property by Seller to Buyer. Seller shall pay one hundred percent (100%) of the escrow fees of Escrow Agent. Seller shall pay for the cost of a standard CLTA policy of title insurance and recording fees for the grant deed. Buyer shall pay the incremental increase in cost associated with any ALTA extended coverage policy of title insurance, if obtained by Buyer as of the Closing, and the cost of title endorsements requested by Buyer. Each party shall pay its own attorney's fees except as provided in Section 24 below. Any other costs or charges shall be allocated in accordance with the closing customs for Santa Xxxxx County as determined by Title Company.
Closing and Closing Costs. (a) Closing of the transaction contemplated by this letter of intent shall take place on the date which is the latter of (i) the date Purchaser has received all entitlements and necessary permits from all jurisdictional authorities, (ii) the date Seller has obtained an Land Disturbance Permit and Site Plan Approval from the city of Douglasville, or (iii) thirty (30) days after the expiration of the Due Diligence Period described in Paragraph 2 above, or such earlier time after the execution of the Purchase Agreement as Purchaser may designate upon not less than 5 daysʼ prior written notice to Seller.
(b) At the closing, title to the Property will be conveyed to Purchaser subject only to real estate taxes not yet due and payable and such other exceptions to title as have been approved by Purchaser. At the closing, Seller will furnish to Purchaser at Sellerʼs cost a policy of title insurance in the full amount of the purchase price issued by the Title Insurer, containing extended coverage and such other endorsements as Purchaser may reasonably require. Seller will pay all transfer taxes due at closing. Seller shall pay all agricultural rollback taxes due at closing (if any). Each party shall pay one half of any escrow or closing fee.
(c) Income and expenses shall be apportioned between Seller and Purchaser as of the closing, with the day of closing being a day of income and expense to Purchaser. Purchaser shall receive a credit for expenses applicable to Sellerʼs period of ownership and not paid as of closing, including general real estate taxes and assessments, whether or not then due and payable. Uncollected income shall not be prorated at Closing. If the actual amounts of such items are not known at Closing, such items shall be apportioned as of the Closing based on estimates and prorated when the actual amounts are determined.
Closing and Closing Costs. The Law Offices of Xxxxxxxx, Xxxxx & Xxx, PLLC will prepare the closing documents, do the title work and close the transaction for each party. Each party will pay one-half of the closing costs unless otherwise specified herein. Each party will pay for the recording fees for the warranty deed for the property it is receiving. There will be no proration of either city taxes or county taxes since both parties are governmental entities and are not subject to taxes. Possession will be given as of the date of deed. The County acknowledges that Xxxxxxxx Xxx of The Law Offices of Balthrop, Xxxxx, and Xxx represents the Town of Ashland City and hereby waives any conflict this may create and wishes to have Xxxxxxxx Xxx handle their side of the closing as well.
Closing and Closing Costs. Closing will occur on the closing date as stated on the second page of this Agreement. Xxxxx agrees to execute all closing documents and pay all funds into escrow at least five (5) business days prior to the scheduled closing date. Any extensions must be agreed upon in writing by Xxxxx and Seller. Buyer has no unilateral right of extension. Time is of the essence. At closing, Xxxxxx will pay the notary fee for execution of the deed, the cost of releasing the lot from Xxxxxx’s blanket mortgage, the cost of preparing the deed, and the real estate commissions. Buyer will pay all costs of obtaining the title report and title insurance, plus Hawaii General Excise Tax, all costs associated with Xxxxx’s mortgage financing, all recording fees, the initial start-up fee and advance payment of monthly Association assessments, mailing costs, the Hawaii conveyance tax, prorated real property taxes, and all escrow fees, plus Hawaii General Excise Tax.
Closing and Closing Costs. 9.1 The contribution and exchange contemplated hereunder (the “Closing”) shall take place at the offices of Xxxxxxx, Xxxxx & Xxxxxx, 00 Xxxxxxxxxx Xxxxxx, Roseland, New Jersey 07068 at 10:00 a.m. on March 1, 1995 or at such other time, place or both as the parties hereto may agree upon in writing.
9.2 MBM shall pay the fees, costs and expenses of its counsel, any and all transfer taxes imposed in connection with the recording of the Deed and the cost to record the discharge of the Lis Pendens. 1717 L.P. shall pay the fees, costs and expenses of
Closing and Closing Costs. All Closing coasts shall be assumed by Seller. Closing shall occur upon the delivery of the Quit Claim Deed attached hereto as fully executed by the Seller. The Seller shall bear all closing costs and the Parties acknowledge and agree that the Seller shall receive, from the Buyer, that certain certificate representing the shares of the Buyer's Series D Preferred Stock as payment in full of Buyer's obligations to the Seller hereunder.
