Payment of Acquisition Costs Sample Clauses

Payment of Acquisition Costs. As provided in Section 4.1, payment of the cost of acquiring Property shall be made from the moneys deposited by Purchaser with Lessee in the Acquisition Fund.
AutoNDA by SimpleDocs
Payment of Acquisition Costs. Except as provided in Section 3.1, payment of the cost of acquiring Property shall be made from the moneys deposited by the Lessor, but solely from proceeds of the sale of the Certificate, with the Trustee in the Acquisition Fund as provided in Section 3.1, which the Lessor shall cause to be disbursed for this purpose in accordance and upon compliance with Article III of the Trust Indenture.
Payment of Acquisition Costs. Such Purchaser shall have received evidence satisfactory to such Purchaser that all Acquisition Costs required to be paid by the Company on or prior to the Closing Date shall have been paid.
Payment of Acquisition Costs. Payment to the Vendor(s) of the Acquisition Cost(s) of the Equipment shall be made by Lessor or, in the event of assignment by Lessor, the Registered Owner of the Assignment, as Lessor’s assignee, or, in the event all or any portion of the Equipment is not available for purchase as of the date of execution and delivery of this Lease, from the moneys deposited with Escrow Agent, as provided in Section 3.01, which
Payment of Acquisition Costs. The Subdivider shall pay all costs and expenses of acquiring the Right-of-Way (sometimes referred to as “costs of acquisition” or “acquisition costs”), including, but not limited to: a. The deposit necessary to obtain immediate possession of the Right-of-Way. b. The purchase price or compensation for the Right-of-Way, whether determined through settlement, judgment or otherwise. c. Relocation benefits, if any, payable to the owner(s) or tenants of the Right-of-Way. d. Compensation for loss of goodwill, if any, payable to the owner(s) or tenants of the Right-of-Way. e. Attorneys' fees, costs of suit, appraisal fees and other litigation expenses incurred by the City, whether prior to trial, at trial, or on appeal. f. The cost of preparing environmental documents and of performing environmental review necessary to comply with the provision of the California Environmental Quality Act (Pub. Resources Code §21000 et seq.)(“CEQA”). g. Fees and costs payable upon abandonment of the condemnation proceedings. h. Fees and costs awarded upon a finding of no or insufficient public use or necessity. i. The cost of negotiation, relocation assistance or other services performed by the City. “Acquisition costs” shall additionally include expert witness fees including appraisers, whether or not said expert witnesses are called to testify at time of trial; court costs; litigation expenses as defined by Code of Civil Procedure section 1235.140; costs and fees charged by acquisition and relocation agents; any court awards including but not limited to compensation for the value of the property taken, any severance damages, any loss of goodwill, any delay damages; interest on the award; interest for immediate possession of the property taken; payment of sanctions, if any, awarded to the owner of the property being taken; costs for trial exhibit preparation without regard to whether or not an exhibit was actually offered into evidence during trial; filing and recordation fees; court costs awarded to the owner or payable to the Court; court reporters fees for transcripts ordered by trial counsel; court costs, if any awarded to the owner for abandonment or dismissal of all or any part of any condemnation action; costs recoverable against condemnor upon the filing of a memorandum of costs including but not limited to filing and process fees including costs of recordation and certification of documents, deposition fees including fees paid to deposed expert witnesses, ordinary witness...
Payment of Acquisition Costs. Payment to the Vendor(s) of the Acquisition Cost(s) of the Equipment shall be made by Lessor or, in the event of assignment by Lessor, the Registered Owner of the Assignment, as Lessor’s assignee, or, in the event all or any portion of the Equipment is not available for purchase as of the date of execution and delivery of this Lease, from the moneys deposited with Escrow Agent, as provided in Section 3.01, which shall be disbursed for that purpose in accordance with and upon compliance with the terms of the Escrow Agreement. In the event such moneys are insufficient to pay all Acquisition Costs, either Lessor or the Registered Owner shall advance additional funds as necessary to payment in full of the Acquisition Costs (provided, that any such advance by the Registered Owner shall be subject
Payment of Acquisition Costs. Unless otherwise agreed by the Parties, all lease bonus or similar payments necessary to acquire fee, leasehold, royalty or other oil and gas interests under this Agreement shall be paid by means of Company sight drafts payable to the proper owner of the interest involved, by time drafts payable to such owners, or by such other method as may be agreed upon in writing by the Parties hereto. Any lease bonus or similar payments necessary to acquire fee, leasehold, royalty or other oil and gas interests under this Agreement advanced by Contractor shall be reimbursed as set forth in Exhibit C hereto.
AutoNDA by SimpleDocs
Payment of Acquisition Costs. The Escrow Agent shall pay from the Acquisition Fund any Equipment Costs, as hereinafter provided, upon receipt from the Lessee and the Lessor of a duly executed Payment Request Form in substantially the form attached hereto as Exhibit A. No disbursement from the Acquisition Fund shall be made unless and until the Lessor has approved such payment, stating each amount to be paid and the name of the person, firm or corporation to whom payment is due. Each such Payment Request Form shall be signed by the Lessee Representative and by the Lessor, and shall be subject to the following: (a) Delivery to Lessor of a certificate of Lessee to the effect that: (i) an obligation in the stated amount has been incurred by Lessee, and that the same is a proper charge against the Acquisition Fund for Equipment Costs identified in the EPC Lease and has not been paid; (ii) the Lessee Representative has no notice of any vendor’s, mechanic’s or other liens or rights to liens, chattel mortgages, conditional sales contracts or security interest which should be satisfied or discharged before such payment is made; (iii) such requisition contains no item representing payment on account, or any retained percentages which Lessee is, at the date of such certificate, entitled to retain; and (iv) the Equipment is insured in accordance with the EPC Lease. (b) Delivery to Lessor of a duplicate original invoice; (c) Delivery to Lessor of an appropriate Acceptance Certificate if such disbursement is the final disbursement hereunder for Equipment Costs; (d) The disbursement shall occur during the Acquisition Period set forth in the applicable Equipment Schedule; and (e) There shall exist no Event of Default under the EPC Lease (nor any event which, with notice or lapse of time or both, would become an Event of Default under the EPC lease).
Payment of Acquisition Costs. Payment to the Vendor(s) of the Acquisition Cost(s) of the Equipment shall be made by Lessor or, in the event of assignment by Lessor, the Registered Owner of the Assignment, as Lessor’s assignee, or, in the event all or any portion of the Equipment is not available for purchase as of the date of execution and delivery of this Lease, from the moneys deposited with Escrow Agent, as provided in Section 3.01, which shall be disbursed for that purpose in accordance with and upon compliance with the terms of the Escrow Agreement. In the event such moneys are insufficient to pay all Acquisition Costs, either Lessor or the Registered Owner shall advance additional funds as necessary to payment in full of the Acquisition Costs (provided, that any such advance by the Registered Owner shall be subject to written credit approval by the Registered Owner in its sole discretion) upon the execution and delivery of an appropriate amendment to Exhibit A hereto, or, at Lessee’s option, Lessee shall pay the remaining Acquisition Costs from its own funds.

Related to Payment of Acquisition Costs

  • Liquidation and Acquisition Expenses The Actual Unpaid Principal Balance of the Mortgage Loan. For documentation, an Amortization Schedule from date of default through liquidation breaking out the net interest and servicing fees advanced is required.

  • Transaction Costs Borrower shall have paid or reimbursed Lender for all title insurance premiums, recording and filing fees or taxes, costs of environmental reports, Physical Conditions Reports, appraisals and other reports, the fees and costs of Lender's counsel and all other third party out-of-pocket expenses incurred in connection with the origination of the Loan.

  • Land Acquisition Disbursement To initiate the purchase of the Land, the Recipient must first complete and submit a written Request to Proceed to the Director prior to Closing. The Request to Proceed must name the proposed Title Agent and must indicate the amount of Funds requested from the OPWC for the land acquisition, including expected settlement costs, based upon the participation ratio and the amount of funds expected from any Matching Funds. The Request to Proceed must contain as attachments: (a) a copy of the proposed Deed Restrictions; (b) a copy of the executed purchase agreement with respect to, or such other agreement to convey an interest in, the Land between the Recipient and the Land owner; (c) a copy of the performed appraisal according to the specifications provided by the Director; (d) evidence satisfactory to the Director that Recipient will acquire marketable title to the Land at Closing; and (d) if the Recipient desires to elect the pre-closing option described below (i) a copy of the signed escrow agreement among Recipient, Title Agent and the OPWC, executed by Recipient and Title Agent, substantially in the form of Appendix F of this Agreement (the "Escrow Agreement") and (ii) if the Title Agent is an agent for a title insurance company, rather than a title company itself, a closing protection letter issued by the title insurance company to the OPWC. Funds for land acquisition shall be disbursed to the Recipient, as part of a grant to the Recipient pursuant to Revised Code Sections 164.20 through 164.27, pursuant to the pre-closing option and/or the reimbursement option, as described in subsections 5(a) and 5(b), respectively.

  • Collection Costs In the event collection efforts are required to obtain payment on this Account, to the extent permitted by law, You agree to pay all court costs, private process server fees, investigation fees or other costs incurred in collection and reasonable attorneys' fees incurred in the course of collecting any amounts owed under this Agreement or in the recovery of any Collateral.

  • Acquisition Fees As compensation for the investigation, selection, sourcing and acquisition or origination (by purchase, investment or exchange) of Properties, Loans and other Permitted Investments, the Company shall pay an Acquisition Fee to the Advisor for each such investment (whether an acquisition or origination). With respect to the acquisition or origination of a Property, Loan or other Permitted Investment to be wholly owned, directly or indirectly, by the Company, the Acquisition Fee payable to the Advisor shall equal 1.0% of the sum of the amount actually paid or allocated to fund the acquisition, origination, development, construction or improvement of the Property, Loan or other Permitted Investment, inclusive of the Acquisition Expenses associated with such Property, Loan or other Permitted Investment and the amount of any debt associated with, or used to fund the investment in, such Property, Loan or other Permitted Investment. With respect to the acquisition or origination of a Property, Loan or other Permitted Investment through any Joint Venture or any partnership in which the Company or the Partnership is, directly or indirectly, a partner, the Acquisition Fee payable to the Advisor shall equal 1.0% of the portion of the amount actually paid or allocated to fund the acquisition, origination, development, construction or improvement of the Property, Loan or other Permitted Investment, inclusive of the Acquisition Expenses associated with such Property, Loan or other Permitted Investment, plus the amount of any debt associated with, or used to fund the investment in, such Property, Loan or other Permitted Investment that is attributable to the Company’s investment in such Joint Venture or partnership. Notwithstanding anything herein to the contrary, the payment of Acquisition Fees by the Company shall be subject to the limitations on Acquisition Fees contained in (and defined in) the Company’s Charter. The Advisor shall submit an invoice to the Company following the closing or closings of each acquisition or origination, accompanied by a computation of the Acquisition Fee. Generally, the Acquisition Fee payable to the Advisor shall be paid at the closing of the transaction upon receipt of the invoice by the Company. However, the Acquisition Fee may or may not be taken, in whole or in part, as to any year in the sole discretion of the Advisor. All or any portion of the Acquisition Fees not taken as to any fiscal year shall be deferred without interest and may be paid in such other fiscal year as the Advisor shall determine.

  • Transaction Expenses Whether or not the transactions contemplated hereby are consummated, the Company will pay all costs and expenses (including reasonable attorneys’ fees of one firm of special counsel and, if reasonably required by the Required Holders, local or other counsel) incurred by the Purchasers and each other Holder of a Note in connection with such transactions and in connection with any amendments, waivers or consents under or in respect of this Agreement or the Notes (whether or not such amendment, waiver or consent becomes effective), including, without limitation: (a) the costs and expenses incurred in enforcing or defending (or determining whether or how to enforce or defend) any rights under this Agreement or the Notes or in responding to any subpoena or other legal process or informal investigative demand issued in connection with this Agreement or the Notes, or by reason of being a Holder of any Note, but only to the extent such subpoena or legal proceeding arises out of matters related to the Company, (b) the costs and expenses, including financial advisors’ fees, incurred in connection with the insolvency or bankruptcy of the Company or in connection with any work-out or restructuring of the transactions contemplated hereby and by the Notes and (c) the costs and expenses incurred in connection with the initial filing of this Agreement and all related documents and financial information with the SVO provided. The Company will pay, and will save each Purchaser and each other Holder of a Note harmless from, all claims in respect of any fees, costs or expenses, if any, of brokers and finders (other than those, if any, retained by a Purchaser or other Holder in connection with its purchase of the Notes).

  • PAYMENT OF CLOSING COSTS In addition to the costs set forth in Paragraphs 3.1 and 3.2, Purchaser and Seller shall each pay for one-half of the costs of the documentary or transfer stamps to be paid with reference to the "Deed" (hereinafter defined) and all other stamps, intangible, transfer, documentary, recording, sales tax and surtax imposed by law with reference to any other sale documents delivered in connection with the sale of the Property to Purchaser and all other charges of the Title Insurer in connection with this transaction.

  • Acquisition Fee Subject to Section 12(b), the Company shall pay an Acquisition Fee to the Advisor or its assigns as compensation for services rendered in connection with the investigation, selection and acquisition (by purchase, investment or exchange) of each Investment. If the Advisor is terminated without Cause pursuant to Section 18(b)(1), the Advisor or its assigns shall be entitled to an Acquisition Fee for any Investments acquired after the Termination Date for which a contract to acquire the applicable Investment had been entered into at or prior to the Termination Date. The total Acquisition Fee payable to the Advisor or its assigns shall be equal to 1.5% of (1) the Contract Purchase Price of each Investment and (2) the amount advanced for a Loan or other investment. The purchase price allocable for an Investment held through a Joint Venture shall equal the product of (i) the Contract Purchase Price of the Investment, multiplied by (ii) the direct or indirect ownership percentage in the Joint Venture held directly or indirectly by the Company or the Operating Partnership. For purposes of this Section 11(a), “ownership percentage” shall be the percentage of capital stock, membership interests, partnership interests or other equity interests owned directly or indirectly by the Company or the Operating Partnership, without regard to classification of such equity interests. The Company shall pay any Acquisition Fee due hereunder promptly upon the closing of the Investment. In addition, if during the period ending two years after the close of the initial Primary Offering, the Company sells an Investment and then reinvests the net proceeds in a new Investment(s), the Company shall pay to the Advisor or its assigns 1.0% of the Contract Purchase Price of the new Investment(s).

  • Closing Costs The costs attributed to the Closing of the Property shall be the responsibility of ☐ Buyer ☐ Seller ☐ Both Parties. The fees and costs related to the Closing shall include but not be limited to a title search (including the abstract and any owner’s title policy), preparation of the deed, transfer taxes, recording fees, and any other costs by the title company that is in standard procedure with conducting the sale of a property.

  • Notice to Proceed - Land Acquisition The acquisition of the Land shall not occur until the Director has issued a written Notice to Proceed for land acquisition to the Recipient (the "Notice to Proceed"). Such Notice to Proceed will not be issued until the Director has received a Request to Proceed acceptable to the Director and is assured that the Recipient has complied with all requirements for the approval of a grant under Revised Code Sections 164.20 through 164.27 and any requirements for land acquisition set forth in this Agreement, including without limitation the OPWC's approval of the proposed Deed Restrictions and Title Agent. The Notice to Proceed also shall specify the time frame for the Closing.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!