Common use of Cost of Survey Clause in Contracts

Cost of Survey. The second sentence of Section 7(a) of the Contract which read: " At Closing, Purchaser shall reimburse Seller for the actual out-of-pocket amount paid by Seller to the surveyor for the Survey in the amount of $15,500 and the Purchaser will bear any cost to modify or change the Survey to include any items beyond the survey requirements of XXXXXXX MAC and XXXXXX MAE." is hereby deleted in its entirety and amended to read "Seller shall bear the expense of and shall pay for the Survey without any reimbursement whatsoever by the Purchaser". Purchaser acknowledges receipt of the Survey, dated July 30, 2015, prepared by Xxxxxxxx Xxxxxxxxx TRPLS No 4873 ("Old Survey"). The provision shall not amend Paragraph 7 of this Amendment and for any avoidance of doubt, Purchaser shall bear the full cost of and shall pay for the New Survey (as defined in Paragraph 7 of this Amendment) and Seller shall bear the full cost of and shall pay for the Old Survey.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Steadfast Apartment REIT, Inc.), Purchase and Sale Agreement (Steadfast Apartment REIT, Inc.)

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Cost of Survey. The second sentence of Section 7(a) of the Contract which read: " "At Closing, Purchaser shall reimburse Seller for the actual out-of-pocket amount paid by Seller to the surveyor for the Survey in the amount of $15,500 and the Purchaser will bear any cost to modify or change the Survey to include any items beyond the survey requirements of XXXXXXX MAC and XXXXXX MAEXXX." is hereby deleted in its entirety and amended to read "Seller shall bear the expense of and shall pay for the Survey without any right to reimbursement whatsoever by the Purchaser". .” Purchaser acknowledges receipt of the Survey, dated July 30, 2015, prepared by Xxxxxxxx Xxxxxxxxx TRPLS No 4873 ("Old Survey"). The provision provisions of this Paragraph 5 shall not amend Paragraph 7 8 of this Amendment and and, for any avoidance of doubt, Purchaser shall bear the full cost of and shall pay for the New Survey (as defined in Paragraph 7 8 of this Amendment) and Seller shall bear the full cost of and shall pay for the Old Survey.. First Amendment to Purchase and Sale Agreement 2

Appears in 1 contract

Samples: Purchase and Sale Agreement (Steadfast Apartment REIT, Inc.)

Cost of Survey. The second sentence of Section 7(a) of the Contract which read: " At Closing, Purchaser shall reimburse Seller for the actual out-of-pocket amount paid by Seller to the surveyor for the Survey in the amount of $15,500 and the Purchaser will bear any cost to modify or change the Survey to include any items beyond the survey requirements of XXXXXXX MAC and XXXXXX MAE." is hereby deleted in its entirety and amended to read "Seller shall bear the expense of and shall pay for the Survey without any reimbursement whatsoever by the Purchaser". Purchaser acknowledges receipt of the Survey, dated July 30, 2015, prepared by Xxxxxxxx Xxxxxxxxx TRPLS No 4873 ("Old Survey"). The provision shall not amend Paragraph 7 8 of this Amendment and for any avoidance of doubt, Purchaser shall bear the full cost of and shall pay for the New Survey (as defined in Paragraph 7 8 of this Amendment) and Seller shall bear the full cost of and shall pay for the Old Survey.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Steadfast Apartment REIT, Inc.)

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Cost of Survey. The second sentence of Section 7(a) of the Contract which read: " At Closing, Purchaser shall reimburse Seller for the actual out-of-pocket amount paid by Seller to the surveyor for the Survey in the amount of $15,500 6,000 and the Purchaser will bear any cost to modify or change the Survey to include any items beyond the survey requirements of XXXXXXX MAC and XXXXXX MAEXXX." is hereby deleted in its entirety and amended to read "Seller shall bear the expense of and shall pay for the Survey without any reimbursement whatsoever by the Purchaser". Purchaser acknowledges receipt of the Survey, dated July 30, 2015, prepared by Xxxxxxxx Xxxxxxxxx TRPLS No 4873 ("Old Survey"). The provision shall not amend Paragraph 7 8 of this Amendment and for any avoidance of doubt, Purchaser shall bear the full cost of and shall pay for the New Survey (as defined in Paragraph 7 8 of this Amendment) and Seller shall bear the full cost of and shall pay for the Old Survey.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Steadfast Apartment REIT, Inc.)

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