Common use of Costs of Escrow Clause in Contracts

Costs of Escrow. Costs of the Escrow shall be allocated as follows: 4.8.1 Buyer and Seller shall each pay one-half (1/2) of the fees of Escrow Holder; 4.8.2 Buyer and Seller shall each pay one-half (1/2) of the cost of providing the Survey required to be delivered in accordance with the provisions of Section 7.1; provided, however, Buyer shall be responsible for the full cost of the Survey in the event the Closing does not occur hereunder other than on account of default of Seller; 4.8.3 Buyer and Seller shall each pay one-half (1/2) of all transfer taxes and recording fees payable in connection with the conveyance of each portion of the Real Property and/or the recording of the Deed and any other documents or instruments recorded pursuant to this Agreement; 4.8.4 Buyer and Seller shall each pay one-half (1/2) of all sales or other personal property taxes, levies, fees and charges payable as a result of the transfer of the Personal Property to Buyer and the consummation of the transactions contemplated hereby. Buyer shall be the reporting person for such purposes and shall prepare the necessary sales tax reports based upon the allocations set forth in Section 3.

Costs of Escrow. Costs of the Escrow shall be allocated as follows: 4.8.1 Buyer and Seller shall each pay one-half (1/2) of the fees of Escrow Holder; 4.8.2 Buyer and Seller shall each pay one-half (1/2) of the cost of providing the Survey required to be delivered in accordance with the provisions of Section SECTION 7.1; provided, however, Buyer shall be responsible for the full cost of the Survey in the event the Closing does not occur hereunder other than on account of default of Seller; 4.8.3 Buyer and Seller shall each pay one-half (1/2) of all transfer taxes and recording fees payable in connection with the conveyance of each portion of the Real Property and/or the recording of the Deed and any other documents or instruments recorded pursuant to this Agreement; 4.8.4 Buyer and Seller shall each pay one-half (1/2) of all sales or other personal property taxes, levies, fees and charges payable as a result of the transfer of the Personal Property to Buyer and the consummation of the transactions contemplated hereby. Buyer shall be the reporting person for such purposes and shall prepare the necessary sales tax reports based upon the allocations set forth in Section 3.SECTION

Costs of Escrow. Costs of the Escrow shall be allocated as follows: 4.8.1 Buyer and Seller shall each pay one-half (1/2) of the fees of Escrow Holder; 4.8.2 Buyer and Seller shall each pay one-half (1/2) of the cost of providing the Survey required to be delivered in accordance with the provisions of Section SECTION 7.1; provided, 16 however, Buyer shall be responsible for the full cost of the Survey in the event the Closing does not occur hereunder other than on account of default of Seller; 4.8.3 Buyer and Seller shall each pay one-half (1/2) of all transfer taxes and recording fees payable in connection with the conveyance of each portion of the Real Property and/or the recording of the Deed and any other documents or instruments recorded pursuant to this AgreementAgreement (other than the Assignment of Mortgage); 4.8.4 Buyer and Seller shall each pay one-half (1/2) of all sales or other personal property taxes, levies, fees and charges payable as a result of the transfer of the Personal Property to Buyer and the consummation of the transactions contemplated hereby. Buyer shall be the reporting person for such purposes and shall prepare the necessary sales tax reports based upon the allocations set forth in Section 3.SECTION

Costs of Escrow. Costs of the Escrow shall be allocated as follows: 4.8.1 Buyer and Seller shall each pay one-half (1/2) of the fees of Escrow Holder; 4.8.2 Buyer and Seller shall each pay one-half (1/2) of the cost of providing the Survey required to be delivered in accordance with the provisions of Section SECTION 7.1; provided, however, Buyer shall be responsible for the full cost of the Survey in the event the Closing does not occur hereunder other than on account of default of Seller; 4.8.3 Buyer and Seller shall each pay one-half (1/2) of all transfer taxes and recording fees payable in connection with the conveyance of each portion of the Real Property and/or the recording of the Deed and any other documents or instruments recorded pursuant to this AgreementAgreement (other than the Assignment of Mortgage); 4.8.4 Buyer and Seller shall each pay one-half (1/2) of all sales or other personal property taxes, levies, fees and charges payable as a result of the transfer of the Personal Property to Buyer and the consummation of the transactions contemplated hereby. Buyer shall be the reporting person for such purposes and shall prepare the necessary sales tax reports based upon the allocations set forth in Section 3.SECTION