Common use of Costs and Taxes Clause in Contracts

Costs and Taxes. 14.1 The Buyer shall bear any notary and court fees related to this Agreement and its performance as well as the property acquisition tax, to the extent that this Agreement does not contain provisions to the contrary. The costs of representation (authorisations, permits, etc.) and counsel shall be borne by each Party individually. The costs for the procurement of declarations made personally or promised incurred by a Party shall be borne by such Party, the costs for the discharge of encumbrances on the sold property shall be borne by the Seller. The costs and fees for any lessee’s easement that may have to be registered under Sec. 12.1 shall be borne by the Seller. 14.2 Should one of the Parties exercise a rescission right provided for by law or by contract and should this be the fault of the other Party, all costs, including reversal costs, shall be borne by the Party responsible for the grounds of rescission. The Buyer shall in any case be responsible for the failure to make payment.

Costs and Taxes. 14.1 15.1 The Buyer shall bear any notary and court fees related to this Agreement and its performance as well as the property acquisition tax, to the extent that this Agreement does not contain provisions to the contrary. The costs of representation (authorisations, permits, etc.) and counsel shall be borne by each Party individually. The costs for the procurement of declarations made personally or promised incurred by a Party shall be borne by such Party, the costs for the discharge of encumbrances on the sold property shall be borne by the Seller. The costs and fees for any lessee’s easement that may have to be registered under Sec. 12.1 shall be borne by the Seller. 14.2 15.2 Should one of the Parties exercise a rescission right provided for by law or by contract and should this be the fault of the other Party, all costs, including reversal costs, shall be borne by the Party responsible for the grounds of rescission. The Buyer shall in any case be responsible for the failure to make payment.