Closing Costs and Other Expenses Sample Clauses

Closing Costs and Other Expenses. The expenses and costs of the transactions contemplated herein shall be paid as follows:
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Closing Costs and Other Expenses. All special assessments assessed prior to the Closing shall be paid by Seller at Closing, regardless of whether all or any portion of said assessments may be payable after the Closing. Buyer shall be responsible for the cost of all transfer and recordation taxes levied upon the conveyance of the Property and all recording costs (except recording costs incurred by Seller in satisfying defects and exceptions to title). Each party shall bear equally any closing fee payable to preparation of an abstract and shall be responsible for and shall pay its own attorneys’ fees and expenses in connection with the negotiation and execution of this Agreement and consummation of the transactions contemplated hereby.
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Closing Costs and Other Expenses. If Purchaser elects to have an attorney or title company close this transaction, Purchaser will pay (a) the Closing fee and costs associated therewith; (b) the cost of any updated or new survey (except for the survey referred to in paragraph 1), any updated or new title search, or title insurance premium; and (c) all recording fees relating to placing the Deed of record. Seller shall pay for documentary stamps or any other transfer taxes required in connection with filing of the Deed, if required. Each party will pay the cost of its own legal counsel incurred in connection with this transaction.
Sample 1
Closing Costs and Other Expenses. At the time of Closing under this Contract: i. Buyer shall pay for the Survey, if one is obtained, and all costs incurred in connection with Buyer’s inspections conducted hereunder and in connection with obtaining all requisite Permitting. ii. Buyer and Seller shall equally share the expense of all premiums and/or title search charges for the Owners Title Policy to be issued with respect to the Property. Any endorsements required by the Buyer shall be paid by Buyer. iii. Buyer and Seller shall equally share the expense of documentary stamp taxes required to be paid on and with respect to the Warranty Deed. Buyer shall pay the recording fees for the Warranty Deed. iv. The Parties shall each bear their own attorneys’ fees with respect to this transaction.
Sample 1
Closing Costs and Other Expenses. At the time of the Closing for each Conveyance Parcel under this Acquisition Agreement: (1) Panacea shall pay for (a) all title charges incurred with respect to any loan title policy, extended title coverage for the Owner’s Title Policy, (b) all recording fees for the Mortgage, (c) the Survey, (d) documentary stamp taxes required to be paid on and with respect to the Mortgage, and (e) all costs incurred in connection with Panacea’s inspections conducted hereunder and in connection with any financing of the acquisition of the Conveyance Parcel. (2) County shall pay for (a) all premiums and title search charges for the standard portion of the Owner’s Title Policy to be issued with respect to the Conveyance Parcel in the amount of the Purchase Price, (b) all recording fees for the Deed, (c) documentary stamp taxes required to be paid on and with respect to the Deed, and (d) documents recorded to cure any Title Defects that County has agreed in writing to cure. (3) The Parties shall each bear its own attorneys’ fees and cost with respect to the Closing, including, without limitation, attorneys’ fees incurred in connection with the review and negotiation of the documents to be delivered in connection with the Closing. The provisions of this clause shall survive the Closing. (4) At the Closing, County will pay all real estate taxes and assessments that are due and payable. All such real estate taxes and assessments for the year of the Closing shall be prorated between the County and Panacea to the date of the Closing on a calendar year per diem basis, using the most recent tax and assessment records available, with the County being responsible for any and all such real estate taxes and assessments that accrued for or with respect to the period of time up to the Closing Date, and Xxxxxxx being responsible for all such real estate taxes and assessments that accrue for or with respect to the period of time from and after the Closing Date. (5) Panacea shall pay all appraisal and survey costs, the cost of the phase one environmental site assessment, the cost of the phase two environmental site assessment, if any, and all due diligence testing and inspections. Panacea shall be responsible for all other closing costs incurred by Panacea, and County shall be responsible for all other closing costs incurred by County. (6) All other costs shall be borne by the respective Parties as customary in Osceola County.
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Related to Closing Costs and Other Expenses

  • Payment of Taxes and Other Expenses Should City, in its discretion, or a relevant taxing authority such as the Internal Revenue Service or the State Employment Development Division, or both, determine that Contractor is an employee for purposes of collection of any employment taxes, the amounts payable under this Agreement shall be reduced by amounts equal to both the employee and employer portions of the tax due (and offsetting any credits for amounts already paid by Contractor which can be applied against this liability). City shall then forward those amounts to the relevant taxing authority. Should a relevant taxing authority determine a liability for past services performed by Contractor for City, upon notification of such fact by City, Contractor shall promptly remit such amount due or arrange with City to have the amount due withheld from future payments to Contractor under this Agreement (again, offsetting any amounts already paid by Contractor which can be applied as a credit against such liability). A determination of employment status pursuant to the preceding two paragraphs shall be solely for the purposes of the particular tax in question, and for all other purposes of this Agreement, Contractor shall not be considered an employee of City. Notwithstanding the foregoing, should any court, arbitrator, or administrative authority determine that Contractor is an employee for any other purpose, then Contractor agrees to a reduction in City’s financial liability so that City’s total expenses under this Agreement are not greater than they would have been had the court, arbitrator, or administrative authority determined that Contractor was not an employee.

  • Handling Fees and Other Expenses All fees and out of pocket expenses relating to this Agreement, including but not limited to legal costs, costs of production, stamp tax and any other taxes and fees, shall be borne by Party C.

  • Attorneys’ Fees and Other Expenses To the extent permitted by the Oregon Constitution and the Oregon Tort Claims Act, the prevailing party in any dispute arising from this Contract is entitled to recover its reasonable attorneys’ fees and costs at trial and on appeal. Reasonable attorneys’ fees cannot exceed the rate charged to OBDD by its attorneys.

  • Reimbursement of Business and Other Expenses The Executive is authorized to incur reasonable expenses in carrying out the duties and responsibilities under this Agreement, and the Company shall promptly reimburse the Executive for such expenses, subject to documentation in accordance with the Company’s policies.

  • Payment of Transfer Taxes, Fees and Other Expenses The Company agrees to pay any and all original issue taxes and stock transfer taxes that may be imposed on the issuance of shares received by an Employee in connection with the Restricted Stock Units, together with any and all other fees and expenses necessarily incurred by the Company in connection therewith.

  • TAXES AND OTHER LIABILITIES Pay and discharge when due any and all indebtedness, obligations, assessments and taxes, both real or personal, including without limitation federal and state income taxes and state and local property taxes and assessments, except such (a) as Borrower may in good faith contest or as to which a bona fide dispute may arise, and (b) for which Borrower has made provision, to Bank's satisfaction, for eventual payment thereof in the event Borrower is obligated to make such payment.

  • Attorneys’ Fees and Other Costs If either party breaches this Agreement, or if a dispute arises between the parties based on or involving this Agreement, the party that prevails in the resolution of such dispute is entitled to recover from the other party its reasonable attorneys’ fees, court costs, and expenses incurred in enforcing such rights or resolving such dispute. For purposes of this Section 10.11, the finder of fact shall be requested to answer affirmatively as to whether a party “prevailed” in order to recoup attorneys’ fees and other costs pursuant to this Section 10.11.

  • Travel and Other Expenses ODHS shall not reimburse Contractor for any travel or additional expenses under this Contract.

  • Fees, Expenses and Other Payments (a) Except as otherwise provided in this Agreement, all costs and expenses, including, without limitation, fees and disbursements of counsel, financial advisors and accountants, incurred by the parties hereto shall be borne solely and entirely by the party which has incurred such costs and expenses (with respect to such party, its "Expenses"); provided that, except in the event that the payment provided in Section 8.5(b) becomes payable, if DOCP breaches any material term of this Agreement or if the Merger is not consummated, and this Agreement is thereafter terminated, and within one year of the date of such termination DOCP enters into an agreement respecting an Alternative Transaction, DOCP shall pay the reasonable fees and expenses of one firm of legal counsel advising the Management Investor, up to $50,000, plus 50% of any such fees in excess of $50,000, for the benefit of the Management Investor in connection with the transactions contemplated hereby. (b) If (i) this Agreement shall be terminated by Buyer pursuant to Section 8.1(e) or by Buyer or DOCP pursuant to Section 8.1(f), or (ii) (A) after the date of this Agreement any person or "group" (within the meaning of Section 13(d)(3) of the Exchange Act) shall have publicly made a proposal with respect to an Alternative Transaction, (B) the Offer shall have remained open until at least the scheduled expiration date immediately following the date such proposal is made, (C) the Minimum Condition shall not have been satisfied at the expiration of the Offer and (D) this Agreement shall thereafter be terminated pursuant to Section 8.1(d), then DOCP shall pay to Buyer $3,000,000 plus all Expenses of Buyer, CSX, NSC and the Management Investor as promptly as practicable but not later than two business days after termination of this Agreement (unless required simultaneously with termination under Section 8.1(f)) by wire transfer of immediately available funds to an account designated by Buyer.

  • Fees and Other Charges (a) The Borrower will pay a fee on each outstanding Letter of Credit requested by it, at a per annum rate equal to the Applicable Margin then in effect with respect to Eurocurrency Loans under the Revolving Facility (minus the fronting fee referred to below), on the face amount of such Letter of Credit, which fee shall be shared ratably among the Revolving Lenders and payable quarterly in arrears on each Fee Payment Date after the issuance date; provided that, with respect to any Defaulting Lender, such Lender’s ratable share of any letter of credit fee accrued on the aggregate amount available to be drawn on any outstanding Letters of Credit during the period prior to the time such Lender became a Defaulting Lender and unpaid at such time shall not be payable by the Borrower so long as such Lender shall be a Defaulting Lender except to the extent that such Lender’s ratable share of any letter of credit fee shall otherwise have been due and payable by the Borrower prior to such time; provided further that any Defaulting Lender’s ratable share of any letter of credit fee accrued on the aggregate amount available to be drawn on any outstanding Letters of Credit shall accrue for the account of the Borrower so long as such Lender shall be a Defaulting Lender. In addition, the Borrower shall pay to each Issuing Lender for its own account a fronting fee on the aggregate face amount of all outstanding Letters of Credit issued by it to the Borrower separately agreed to by the Borrower and such Issuing Lender (but in any event not to exceed 0.25% per annum), payable quarterly in arrears on each Fee Payment Date after the issuance date. (b) In addition to the foregoing fees, the Borrower shall pay or reimburse each Issuing Lender for costs and expenses agreed by the Borrower and such Issuing Lender in issuing, negotiating, effecting payment under, amending or otherwise administering any Letter of Credit requested by the Borrower.

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