Expenses and Closing Costs Sample Clauses

Expenses and Closing Costs. The Borrower agrees to pay all fees, expenses and charges with respect to the Loan, or its making or transfer to the Lender in any way connected including, but no limited to, the fees and out-of-pocket expenses of local counsel employed by the Lender, title insurance and survey costs, recording and filing fees, mortgage taxes, documentary stamp, and any other taxes, fees and expenses payable in connection with this transaction and with the enforcement of this Loan Agreement and Note.
AutoNDA by SimpleDocs
Expenses and Closing Costs. Except as otherwise specifically provided herein, each party shall pay its own costs and expenses in connection with the transactions contemplated hereby, including the fees and expenses of its attorneys, accountants, consultants and engineers. For each Property, Purchaser shall pay Fifty Percent (50%) of the fees for recording the Deed, and with respect to the Boulder Property, the Assignment of Ground Lease, the Memorandum of Master Lease, the Memoranda of Subleases and any other documents customarily recorded, any documentary or transfer taxes due in connection with the consummation of the transactions contemplated herein, the cost of the Title Policies issued by the Title Company (including the costs of any endorsements relating to the Property) and the cost of any updated survey requested by Purchaser in connection with the Title Policy. Each Seller shall pay Fifty Percent (50%) of the fees for recording the Deed, and with respect to the Boulder Property, the Assignment of Ground Lease, the Memorandum of Master Lease, the Memorandum of Sublease of its Applicable Property and any other documents customarily recorded, any documentary or transfer taxes due, if any, in connection with the consummation of the transactions contemplated herein, the cost of the Title Policy with respect to its Applicable Property issued by the Title Company (including the costs of any endorsements relating to the Property) and the cost of any updated survey of its Applicable Property requested by Purchaser in connection with the Title Policy. If any fees, taxes, charges or other sums (excluding any income taxes payable by any party hereto) are required by law to be paid in connection with the consummation of the transactions contemplated by this Agreement to occur on the Closing Date and the payment of same is not allocated between the parties by the terms of this Agreement, then the cost of same shall be prorated as is customary in Las Vegas, Nevada. The provisions of this Section 12 shall survive the Closing and the termination of this Agreement.
Expenses and Closing Costs. Whether or not the Transactions are consummated, none of the Parties shall have any obligation to pay any of the fees and expenses of the other Parties incident to the negotiation, preparation and execution of this Agreement, including the fees and expenses of counsel, accountants and other experts. The Seller Parties (with respect to any agreement or understanding by any Seller Party) and Buyer (with respect to any agreement or understanding by Buyer) will each indemnify the others, and hold them harmless from and against any claims for finders’ fees or brokerage commissions in relation to or in connection with such transactions as a result of any agreement or understanding with any third party. At Closing or when otherwise due, Seller shall pay all amounts payable to the employees of Seller for any pre-Closing periods.
Expenses and Closing Costs. Seller shall pay all utility charges and other operating expenses attributable to the Property and arising at any time up to and including the Closing Date, and Buyer shall pay all utility charges and other operating expenses attributable to the Property and arising after the Closing Date. Seller shall not assign to Buyer any deposits that Seller may have with any utility company servicing the Property, but shall receive a refund of such deposits directly from the applicable utility company. Ad valorem real estate taxes, if any, shall be prorated between Buyer and Seller as of the Closing Date based on the actual tax xxxx for the Property for the current tax year, if available. If the actual tax xxxx for the Property for the current tax year is not available, such proration shall be based on the actual tax xxxx for the Property for the prior tax year , and such proration shall be adjusted in cash, after Closing, as and when complete and accurate information becomes available, though in no event later than one (1) year after the Closing Date. Special assessments levied or assessed against the Property at or with respect to any time up to and including the Closing Date, or for work commenced on the Property at any time up to and including the Closing Date, shall, to the extent such special assessments are or would be delinquent on or before the Closing Date, be paid in full by Seller at or before Closing. Special assessments levied or assessed against the Property at or with respect to any time up to and including the Closing Date, or for work commenced on the Property at any time up to and including the Closing Date, shall, to the extent such special assessments are not delinquent on the Closing Date, be prorated between Buyer and Seller as of the Closing Date. Seller shall pay all of the following: (i) the cost of the Survey; (ii) the premium owing for issuance of the Title Policy; and (iii) the Wisconsin Real Estate Transfer Fee owing by reason of transfer of the Property. Buyer shall pay all of the following: (i) the cost of recording the Deed; (ii) all costs (including, without limitation, recording fees and title insurance premiums) related to any financing obtained by Buyer in connection with its purchase of the Property; (iii) all fees and costs of Buyer’s activities permitted under Section 4.1, and of all studies, reports, and other materials of every kind created in connection with the same; (iv) the premiums for all endorsements to the Title Polic...
Expenses and Closing Costs. All loans are subject to a loan origination fee equal to one and a half percent of the amount of the loan. The Borrower agrees to pay all fees, expenses and charges in respect to the Loan, or its making or transfer to the Lender in any way connected therewith including but not limited to, the fees and out-of-pocket expenses of legal counsel employed by the Lender, title insurance and survey costs, recording and filing fees, any other taxes, fees and expenses payable in connection with this transaction and with the enforcement of this Loan Agreement and Note.
AutoNDA by SimpleDocs
Expenses and Closing Costs. (a) Except as otherwise provided in Section 4.3, Section 9.6, this Section 9.8 and Section 10.9, each party hereto shall pay its own expenses incurred in connection with this Agreement and the transactions contemplated hereby, including (i) in the case of Buyer and Maximus, all third-party engineering and environmental review costs, the costs of any and all updates to the Title Commitment and/or Survey, legal fees and all other Due Diligence costs, and (ii) in the case of Rockpoint, all of its legal fees.
Expenses and Closing Costs. The Undersigned agrees to pay all fees, and charges incurred with respect to the Loan, or its making, or transfer to the Lender in any way connected therewith, including, but not limited to, the fees, and out-of-pocket expenses, of local counsel employed by the Lender, title insurance and survey costs, recording and filing fees, mortgage taxes, documentary stamp, and any other taxes, fees and expenses payable in connection with this transaction and with the enforcement of this Loan Agreement and Note. In the event the processing of the loan is terminated, for whatever reason, or the debenture is not sold, for whatever reason, Undersigned agrees to pay all fees of legal counsel employed by Lender and Undersigned to assist Undersigned at the rate of $150,00 per hour, plus out-of-pocket expenses, and the fees of the representative of Lender at the rate of $75.00 per hour, plus out-of-pocket expenses. Thirty (30) days after billing, interest shall accrue on unpaid fees at the rate of eighteen percent (18%) per annum compounded monthly.
Expenses and Closing Costs. At Closing, the Company shall (i) reimburse Dutchess for all legal and other expenses associated with the transactions contemplated by this Agreement, and (ii) pay Dutchess fifty thousand dollars ($50,000) in closing costs associated with the transactions contemplated by this Agreement.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!