Common use of Costs; Transfer Taxes Clause in Contracts

Costs; Transfer Taxes. In addition to the other costs and expenses specified herein, REIT shall pay (i) the cost of any updated title reports, (ii) the costs of any survey updates or new surveys obtained by REIT, (iii) other costs associated with REIT’s due diligence activities and (iv) any Transfer Taxes due and payable with respect to the conveyance of the Waterford Interests. In addition to the other costs and expenses specified herein, Contributors shall pay the cost of removing any Encumbrances directly on the Waterford Interests. Except as provided in Section 4.2(a), Section 7.1, Section 7.2, Section 8.1, Section 8.3, Section 8.6 and Section 9.7 of this Agreement, or in any other document or instrument executed pursuant to this Agreement, each Party shall be responsible for their own attorneys’ and other professional fees. Contributors and REIT shall execute any required city, county and state Transfer Tax or other declarations.

Costs; Transfer Taxes. In addition to the other costs and expenses specified herein, REIT shall pay (i) the cost of any updated title reports, (ii) the costs of any survey updates or new surveys obtained by REIT, (iii) other costs associated with REIT’s due diligence activities and (iv) any Transfer Taxes due and payable with respect to the conveyance of the Waterford Springhouse Interests. In addition to the other costs and expenses specified herein, Contributors Contributor shall pay the cost of removing any Encumbrances directly on the Waterford Springhouse Interests. Except as provided in Section 4.2(a), Section 7.1, Section 7.2, Section 8.1, Section 8.3, Section 8.6 and Section 9.7 of this Agreement, or in any other document or instrument executed pursuant to this Agreement, each Party shall be responsible for their own attorneys’ and other professional fees. Contributors Contributor and REIT shall execute any required city, county and state Transfer Tax or other declarations.