Legal Fees and Land Agent’s Commission Sample Clauses

Legal Fees and Land Agent’s Commission. 10.7.1 A principal with an entitlement to removal expenses shall be reimbursed for legal fees and land agent’s commission provided that when a principal sells a house at the former location and buys another at the new location within two years of the date of the new appointment, or sells at the former location and builds and takes occupation of a house at the new location within two years of the date of the new appointment, actual aggregated expenses for legal fees and land agent’s commission combined up to $11,000 maximum shall be paid. (a) Legal fees The refund of legal fees shall be either: (i) when principal sells a house at the former location within two years of the date of the new appointment, but does not buy another, actual expenses up to $950; or (ii) when a principal buys or builds a house at the new location within two years of the date of the new appointment without having sold a house at the former location, provided it is not the first time the principal has owned a house, actual expenses up to $4,000 maximum. (b) Land agent’s commission When a principal sells a house at the former location within two years of the date of the new appointment but does not purchase or build another house at the new location within the two year period, actual expenses up to $6,300. (c) Two year limitation Normally all transactions (selling, buying or building) must be completed within two years of the date of transfer to qualify for a refund of expenses. (d) Sale of home prior to appointment in another position Where a principal anticipates securing a position where full removal expenses are payable, and sells their home before this actually occurs the principal will be eligible for a refund of legal and land agent’s fees. This is subject to a two year limitation period as in clause 10.7.1(c) above commencing from the date of the sale of the house. The refund of land agent’s and legal fees will not be made until and unless the principal is appointed and takes up another position. (e) Purchase and sale of land A refund of legal fees and land agent’s commission will be made as follows: (i) When a principal has previously owned a house or land and purchases land following transfer to another locality with the intention of building a house for the principal’s own use and transfers again before the house is built, assistance is granted towards the cost of legal expenses and land agent’s commission in the purchase and sale of the land up to $3,800. (ii) When a house ...
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Legal Fees and Land Agent’s Commission. Teachers with an entitlement to removal expenses shall be reimbursed for legal fees and land agent’s commission provided that when a teacher sells a house at the former location and buys another at the new location within two years of the date of the new appointment, or sells at the former location and builds and takes occupation of a house at the new location within two years of the date of the new appointment, actual aggregated expenses for legal fees and land agent’s commission combined up to $11,000 maximum shall be paid.
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Legal Fees and Land Agent’s Commission. Where a teacher sells and/or buys land or a residence, they shall be reimbursed for the following expenses provided all transactions (buying, selling, or building and occupying) occur within two years after the date of the transfer:
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Legal Fees and Land Agent’s Commission. 6.6.1 Where a teacher sells and/or buys land or a residence, they shall be reimbursed for the following expenses provided all transactions (buying, selling, or building and occupying) occur within two years after the date of the transfer: a) Buying a house at the new location; or b) Building and occupying a house at the new location; and c) Selling a house at the former location. Legal fees and land agent’s commission combined total of - $11,000 a) Selling a house at the former location; but b) not buying a house. Legal fees - $950 Land agent’s commission - $6,300 a) Buying or building and occupying a house at the new location; but b) not selling a house at the former location. Legal fees - $4000
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Legal Fees and Land Agent’s Commission. 6.6.1 Where a teacher sells and/or buys land or a residence, they shall be reimbursed for the following expenses provided all transactions (buying, selling, or building and occupying) occur within two years after the date of the transfer: (a) Buying a house at the new location; or (b) Building and occupying a house at the new location; and (c) Selling a house at the former location. Legal fees and land agent’s commission combined total of - $11,000 (a) Selling a house at the former location; but (b) not buying a house. Legal fees - $950 Land agent’s commission - $6,300 (a) Buying or building and occupying a house at the new location; but (b) not selling a house at the former location. Legal fees - $4000 (a) Selling land and/or a house at location A; and (b) Purchasing land at the new location B with the intention of building; and (c) Transferring again (to location C) before the house is built; and (d) The land at location B is subsequently sold. Legal fees and land agent’s commission combined total of - $3,800
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Legal Fees and Land Agent’s Commission. 6.6.1 Where a teacher sells and/or buys land or a residence, they shall be reimbursed for the following expenses provided all transactions (buying, selling, or building and occupying) occur within two years after the date of the transfer: Buying a house at the new location; or Building and occupying a house at the new location; and Selling a house at the former location. Legal fees and land agent's commission combined total of - $11,000 Selling a house at the former location; but not buying a house. Legal fees - $950 Land agent’s commission - $6,300 Buying or building and occupying a house at the new location; but not selling a house at the former location. Legal fees - $4000 Selling land and/or a house at location A; and Purchasing land at the new location B with the intention of building; and Transferring again (to location C) before the house is built; and The land at location B is subsequently sold. Legal fees and land agent’s commission combined total of - $3,800 A house or land has not been previously owned at the teacher’s original location A; and Land is bought at a new location B; and The employee transfers again to a new location C before building at location B is complete; and The land at location B is subsequently sold. Legal fees - $500 Land agent’s commission - $2000 Selling land or a house at a former location without the services of a land agent Advertising costs - $630 6.6.2 Where a teacher has been offered a position where removal expenses are payable and sells and purchases their residence or land before working in the role, the teacher will be eligible for a refund in accordance with whichever above category applies to their situation. The refund of expenses will not be made until and unless the employee begins working in the role. 6.6.3 Where penalty charges arise because of the termination of a mortgage before the completion of the term of the loan, the employee will be reimbursed up to a maximum of $2,400.
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Legal Fees and Land Agent’s Commission. 6.6.1 Where a teacher sells and/or buys land or a residence, they shall be reimbursed for the following expenses provided all transactions (buying, selling, or building and occupying) occur within two years after the date of the transfer: a) Buying a house at the new location; or b) Building and occupying a house at the new location; and c) Selling a house at the former location. Legal fees and land agent’s commission combined total of - $11,000 a) Selling a house at the former location; but b) not buying a house. Legal fees - $950 Land agent’s commission - $6,300 a) Buying or building and occupying a house at the new location; but b) not selling a house at the former location. Legal fees - $4000 a) Selling land and/or a house at location A; and b) Purchasing land at the new location B with the intention of building; and c) Transferring again (to location C) before the house is built; and d) The land at location B is subsequently sold. Legal fees and land agent’s commission combined total of - $3,800
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Legal Fees and Land Agent’s Commission. 1.6.1 Teachers with an entitlement to removal expenses shall be reimbursed for legal fees and land agent’s commission provided that when a teacher sells a house at the former location and buys another at the new location within two years of the date of the new appointment, or sells at the former location and builds and takes occupation of a house at the new location within two years of the date of the new appointment, actual aggregated expenses for legal fees and land agent’s commission combined up to $11,000 maximum shall be paid. (a) Legal fees The refund of legal fees shall be either: (i) when a teacher sells a house at the former location within two years of the date of the new appointment, but does not buy another, actual expenses up to $950; or (ii) when a teacher buys or builds a house at the new location within two years of the date of the new appointment without having sold a house at the former location, provided it is not the first time the teacher has owned a house, actual expenses up to $4,000 maximum. (b) Land agent’s commission When a teacher sells a house at the former location within two years of the date of the new appointment but does not purchase or build another house at the new location within the two year period, actual expenses up to $6,300. (c) Two year limitation Normally all transactions (selling, buying or building) must be completed within two years of the date of transfer to qualify for a refund of expenses.
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Related to Legal Fees and Land Agent’s Commission

  • AGENT’S COMMISSION The Purchaser warrants that the Agent was the effective cause of the sale and indemnifies and holds the Seller harmless against any claim (including all legal costs on attorney and own client scale incurred by the Seller in connection therewith) which may be made by any other agent in respect of any commission arising out of the sale of the Property to the Purchaser.

  • Administrative Agent’s Fees and Expenses; Indemnification (a) The parties hereto agree that the Administrative Agent shall be entitled to reimbursement of its expenses incurred hereunder as provided in Section 9.05 of the Credit Agreement. (b) Without limitation of its indemnification obligations under the other Loan Documents, each Pledgor jointly and severally agrees to indemnify the Administrative Agent and the other Indemnitees (as defined in Section 9.05 of the Credit Agreement) against, and hold each Indemnitee harmless from, any and all losses, claims, damages, liabilities and related expenses, including reasonable counsel fees, charges and disbursements, incurred by or asserted against any Indemnitee arising out of, in connection with, or as a result of, (i) the execution, delivery or performance of this Agreement or any other Loan Document or any agreement or instrument contemplated hereby or thereby, the performance by the parties hereto and thereto of their respective obligations thereunder or the consummation of the Transactions and other transactions contemplated hereby, (ii) the use of proceeds of the Loans or the use of any Letter of Credit or (iii) any claim, litigation, investigation or proceeding relating to any of the foregoing, or to the Collateral, whether or not any Indemnitee is a party thereto; provided that such indemnity shall not, as to any Indemnitee, be available to the extent that such losses, claims, damages, liabilities or related expenses are determined by a court of competent jurisdiction by final and nonappealable judgment to have resulted from the gross negligence or willful misconduct of such Indemnitee. (c) Any such amounts payable as provided hereunder shall be additional Obligations secured hereby and by the other Security Documents. The provisions of this Section 7.06 shall remain operative and in full force and effect regardless of the termination of this Agreement or any other Loan Document, the consummation of the transactions contemplated hereby, the repayment of any of the Obligations, the invalidity or unenforceability of any term or provision of this Agreement or any other Loan Document, or any investigation made by or on behalf of the Administrative Agent or any other Secured Party. All amounts due under this Section 7.06 shall be payable on written demand therefor.

  • Legal Fees and Expenses The parties shall each bear their own expenses, legal fees and other fees incurred in connection with this Agreement.

  • Legal Fees If any legal action, arbitration or other proceeding is brought for the enforcement of this Agreement, or because of any alleged dispute, breach, default or misrepresentation in connection with this Agreement, the successful or prevailing party shall be entitled to recover reasonable attorneys' fees and other costs it incurred in that action or proceeding, in addition to any other relief to which it may be entitled.

  • Collateral Agent’s Fees and Expenses; Indemnification (a) Each Grantor jointly and severally agrees to pay upon demand to the Collateral Agent the amount of any and all reasonable expenses, including the reasonable fees, disbursements and other charges of its counsel and of any experts or agents, which the Collateral Agent may incur in connection with (i) the administration of this Agreement, (ii) the custody or preservation of, or the sale of, collection from or other realization upon any of the Collateral, (iii) the exercise, enforcement or protection of any of the rights of the Collateral Agent hereunder or (iv) the failure of any Grantor to perform or observe any of the provisions hereof. (b) Without limitation of its indemnification obligations under the other Loan Documents, each Grantor jointly and severally agrees to indemnify the Collateral Agent and the other Indemnitees against, and hold each of them harmless from, any and all losses, claims, damages, liabilities and related expenses, including reasonable fees, disbursements and other charges of counsel, incurred by or asserted against any of them arising out of, in any way connected with, or as a result of, the execution, delivery or performance of this Agreement or any claim, litigation, investigation or proceeding relating hereto or to the Collateral, whether or not any Indemnitee is a party thereto; provided that such indemnity shall not, as to any Indemnitee, be available to the extent that such losses, claims, damages, liabilities or related expenses are determined by a court of competent jurisdiction by final and nonappealable judgment to have resulted from the gross negligence or willful misconduct of such Indemnitee. (c) Any such amounts payable as provided hereunder shall be additional Obligations secured hereby and by the other Security Documents. The provisions of this Section 7.06 shall remain operative and in full force and effect regardless of the termination of this Agreement or any other Loan Document, the consummation of the transactions contemplated hereby, the repayment of any of the Loans, the invalidity or unenforceability of any term or provision of this Agreement or any other Loan Document, or any investigation made by or on behalf of the Collateral Agent or any Lender. All amounts due under this Section 7.06 shall be payable on written demand therefor.

  • Placement Agent’s Fees Except as set forth on Schedule 2.12, no brokerage or finder’s fee or commission are or will be payable to any Person with respect to the transactions contemplated by this Agreement based upon arrangements made by the Company or any of its affiliates. The Company agrees that it shall be responsible for the payment of any placement agent’s fees, financial advisory fees, or brokers’ commissions (other than for persons engaged by Purchaser) relating to or arising out of the transactions contemplated hereby. The Company shall pay, and hold the Purchaser harmless against, any liability, loss or expense (including, without limitation, attorney’s fees and out-of-pocket expenses) arising in connection with any claim for any such fees or commissions.

  • Counsel Fees The Administrative Agent shall have received full payment from the Borrower of the fees and expenses of Xxxxx Xxxx & Xxxxxxxx LLP described in Section 9.03 which are billed through the Effective Date and which have been invoiced one Business Day prior to the Effective Date.

  • Reimbursement of Underwriters’ Expenses If the sale of the Securities provided for herein is not consummated because any condition to the obligations of the Underwriters set forth in Section 5 hereof is not satisfied, because of any termination pursuant to Section 9 hereof or because of any refusal, inability or failure on the part of the Company to perform any agreement herein or comply with any provision hereof other than by reason of a default by any of the Underwriters, the Company will reimburse the Underwriters severally upon demand for all out-of-pocket expenses (including reasonable fees and disbursements of counsel) that shall have been incurred by them in connection with the proposed purchase and sale of the Securities.

  • Legal Fees and Costs In the event a party elects to incur legal expenses to enforce or interpret any provision of this Agreement by judicial proceedings, the prevailing party will be entitled to recover such legal expenses, including, without limitation, reasonable attorneys’ fees, costs, and necessary disbursements at all court levels, in addition to any other relief to which such party shall be entitled.

  • Agent and Arranger Fees The Borrowers jointly and severally agree to pay to the Administrative Agent and the Arranger, for their respective accounts, the fees agreed to by the Borrowers, the Administrative Agent and the Arranger pursuant to that certain letter agreement dated March 26, 2008, or as otherwise agreed from time to time.

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