Cost of Closing Sample Clauses

Cost of Closing. At Closing, Purchaser shall pay for (i) the title insurance policy described in Paragraph 6 above; (ii) the entire closing fee imposed by the title company facilitating the closing this transaction; (iii) recording of the deed in Exhibit A, the Purchaser’s Statement in Exhibit B, and the Transfer of Liability Agreement in Exhibit C; and (iv) any inspections, zoning approvals, and any attorney’s opinion and services on behalf of Purchaser.
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Cost of Closing. Each party is responsible for paying the legal fees of its counsel in negotiating, preparing, and closing the transaction contemplated by this Agreement. Seller is responsible for paying fees, costs, and expenses identified herein as being the responsibility of Seller, including, but not limited to the cost of acquiring and delivering the Probe. This Section 7.5 shall survive the Closing for all purposes.
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Cost of Closing. Both Seller and Xxxxx agree to pay their respective title/escrow/closing costs per local customary practice. In the cases of a Buyer directed state, the Buyer has the option of using the Seller's title company. IF THE BUYER CHOOSES TO USE THE SELLER'S TITLE COMPANY, SELLER WILL PAY FOR THE OWNERS TITLE POLICY. IN A BUYER DIRECTED STATE, IF BUYER ELECTS TO USE HIS/HER OWN TITLE/CLOSING AGENT, THE TITLE POLICY COST WILL BE AT THE EXPENSE OF THE BUYER AND ANY SELLER CONCESSIONS SHALL NOT BE USED FOR THIS EXPENSE. WITH THE EXCEPTION OF CALIFORNIA. IN CALIFORNIA, THE BUYER'S CHOICE ACT WILL CONTROL
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Cost of Closing. Buyer shall pay all stamp and other taxes payable on the transfer of the Property, all registry and recordation costs, and costs of the premium for any owner's policy of title insurance issued in favor of Buyer insuring Xxxxx's title to the Property. Seller shall pay Seller’ attorney fees. Buyer shall pay Xxxxx's attorney fees. All other costs and expenses of the transaction contemplated hereby shall be borne by the party incurring the same.
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Cost of Closing. Sellers shall pay the direct cost of the Owner's and Lender's Title Policies and all other charges of the Title Company, Surveys, Environmental Reports, Appraisals, Engineering Reports, 1/2 of all escrow fees, all transfer taxes payable on recordation of the Deeds and the deeds of trust securing the Loan or the Seller Carryback Loans, all recording fees and all sales, use and ad valorem taxes connected with Close of Escrow. Buyer shall pay 1/2 of all escrow fees. Each party shall bear the expense of its own counsel. This Section shall survive the Close of Escrow for all purposes.
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Cost of Closing. Sellers shall pay the direct cost of the Owner's and Lender's Title Policies and all other charges of the Title Company, Surveys, Environmental Reports, Appraisals, Engineering Reports, 1/2 of all escrow fees, all transfer taxes payable on recordation of the Deeds and the deeds of trust securing the Loan, all recording fees and all sales, use and ad valorem taxes connected with Close of Escrow. Buyer shall pay 1/2 of all escrow fees. Each party shall bear the expense of its own counsel. This Section shall survive the Close of Escrow for all purposes.
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Cost of Closing. Each party will be responsible for its own closing costs. Seller shall pay realty transfer fee, if any.
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Cost of Closing. Seller shall pay at Closing: (1) The full, New York State Transfer Tax; (2) The full New York State Real Property Transfer Gains Tax; (3) Its own attorney's fees, if any. (4) All other usual closing costs and expenses customarily the responsibility of Seller. Purchaser shall pay at Closing: (1) All intangible (and any other) taxes and recording or filing costs associated with recording and/or filing the deed and any loan documents entered into, in connection with Purchaser's financing of the purchase of the Property; (2) The entire cost and expense of owner's policy of title insurance and lender's policy of title insurance (if applicable) elsewhere described herein; (3) The full cost of recording deed (excluding the New York State Transfer Tax and the New York State Real Property Transfer Gains Tax); (4) Its own attorneys' fees; and Lenders attorneys' fees or Processing Fees to MONY should Purchaser elect to take the Floating Rate Loan referred to in Section 6(d). (5) All other usual closing costs and expenses customarily the responsibility of Purchaser.
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Related to Cost of Closing

  • Closing The closing of the sale of the Mortgage Loans (the “Closing”) shall be held at the offices of special counsel to the Purchaser at 10:00 a.m., New York City time, on the Closing Date. The Closing shall be subject to each of the following conditions: (i) All of the representations and warranties of the Mortgage Loan Seller and the Purchaser made pursuant to Section 4 of this Agreement shall be true and correct in all material respects as of the Closing Date (or as of such other specific date expressly contemplated by any such representation or warranty); (ii) All documents specified in Section 7 of this Agreement (the “Closing Documents”), in such forms as are agreed upon and reasonably acceptable to the Purchaser and, in the case of the Pooling and Servicing Agreement (insofar as such Agreement affects the obligations of the Mortgage Loan Seller hereunder or the rights of the Mortgage Loan Seller as a third party beneficiary thereunder), to the Mortgage Loan Seller, shall be duly executed and delivered by all signatories as required pursuant to the respective terms thereof; (iii) The Mortgage Loan Seller shall have delivered and released to the Purchaser or its designee, all documents, funds and other assets required to be delivered thereto on or before the Closing Date pursuant to Section 2 of this Agreement; (iv) The result of any examination of the Mortgage Files for, and any other documents and records relating to, the Mortgage Loans performed by or on behalf of the Purchaser pursuant to Section 3 hereof shall be satisfactory to the Purchaser in its reasonable determination; (v) All other terms and conditions of this Agreement required to be complied with on or before the Closing Date shall have been complied with in all material respects, and the Mortgage Loan Seller shall have the ability to comply with all terms and conditions and perform all duties and obligations required to be complied with or performed by it after the Closing Date; (vi) The Mortgage Loan Seller shall have paid all fees and expenses payable by it to the Purchaser or otherwise pursuant to this Agreement; (vii) The Mortgage Loan Seller shall have received the purchase price for the Mortgage Loans, as contemplated by Section 1 of this Agreement; (viii) Neither the Underwriting Agreement nor the Certificate Purchase Agreement shall have been terminated in accordance with its terms; and (ix) The Commission shall not have issued any stop order suspending the effectiveness of the Purchaser’s Registration Statement. (x) Prior to the delivery of the Preliminary Prospectus to investors, an officer of the Mortgage Loan Seller shall have delivered to the Depositor a sub-certification (the “Mortgage Loan Seller Sub-Certification”) to the certification provided by the Chief Executive Officer of the Depositor to the Securities and Exchange Commission pursuant to Regulation AB. Each of the parties agrees to use their commercially reasonable best efforts to perform their respective obligations hereunder in a manner that will enable the Purchaser to purchase the Mortgage Loans on the Closing Date.

Most Referenced Clauses

Most Referenced Definitions