Prorations and Fees Sample Clauses

Prorations and Fees. Current real property taxes on the Subject Property shall be prorated as of the date of Closing based upon the latest available tax xxxx. Seller shall be responsible for paying any additional taxes, penalties and interest, including but not limited to compensatory or roll back taxes, on the Subject Property arising from the termination of a preferential tax classification of the Subject Property payable as a result of the conveyance to Buyer or as a result of Buyer's conveyance to a public agency as contemplated by the parties to this Agreement. The State of Maine transfer tax shall be paid one-half by Buyer and one-half by Seller, at the then current rate. Other fees and charges shall be allocated in accordance with the customary practice of Cumberland County.
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Prorations and Fees. Condo fees, taxes and assessments, interest on any mortgage to be assumed, and rents, if any, shall be pro-rated to the date of Closing. Seller is to pay CAUV recapture, if the Property is subject to same and Purchaser intends to change the use of the Property so that it will no longer qualify for CAUV taxation. In pro-rating taxes and assessments, the latest available rates and valuations shall be used.
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Prorations and Fees. Current real property taxes on the Subject Property shall be prorated as of the date of Closing based upon the latest available tax xxxx. Seller shall be responsible for paying any additional taxes, penalties and interest, including but not limited to compensatory or roll back taxes, on the Subject Property arising from the termination of a preferential tax classification of the Subject Property payable as a result of the conveyance to Buyer. The State of Maine transfer tax shall be paid one-half by Buyer and one-half by Seller. Other fees and charges shall be allocated in accordance with the customary practice in Maine.
Sample 1
Prorations and Fees. Taxes and assessments, if any, shall be pro-rated to the date of delivery of the deed for the subject premises. If subject property is currently enrolled in CAUV tax reduction program, purchaser ❒will or ❒will not keep subject property enrolled in CAUV. If not, ❒seller or ❒ purchaser will pay recoupment. Any property in CRP (Conservation Reserve Program) will be continued by the purchaser through the duration of the CRP contract. In pro-rating taxes and assessments, the latest available rates and valuations shall be used.
Sample 1
Prorations and Fees. Real property taxes, including assessments, on the Subject Property shall be prorated as of the Closing based upon the latest available tax bills. Seller shall pay the following closing costs: all of the escrow fees, documentary taxes or real property transfer taxes (if any) and the CLTA portion of the title insurance fees. Buyer shall pay the balance of the title insurance fees if Buyer elects an ALTA policy. 14.
Sample 1
Prorations and Fees. Real property taxes on the Property required to be paid in order to close shall be paid by TPL based upon the latest available tax xxxx. The escrow fee shall be paid half by North Bend and half by TPL. TPL shall pay the excise tax due on the sale and the premium for a title insurance policy in favor of North Bend in the amount of the purchase price as specified hereinabove. North Bend shall pay the recording fee. Other fees and charges shall be allocated in accordance with the customary practice of King County. Based on past experience, TPL believes that the portion of the escrow fee chargeable to North Bend may be approximately $1,800 and the recording fee may be approximately $150.
Sample 1
Prorations and Fees. Current real property taxes on the Subject Property shall be prorated as of the date of Closing based upon the latest available tax bill. If Closing occurs before the tax rate is fixed for the then current year, subsequent to Closing, when the tax rate is fixed for the year in which Closing occurs, Seller and Buyer agree to adjust the proration of taxes and, if necessary, to refund or pay (as the case may be) such sums as shall be necessary to effect such adjustment. If the amounts of said taxes has not been determined at the time of Closing, they shall be apportioned on the basis of the taxes assessed for the preceding year, with a reapportionment as soon as the new tax rate and valuation can be ascertained; and, if the taxes which are to be apportioned shall thereafter be reduced by abatement, the amount of such abatement less the reasonable cost of obtaining same, shall be apportioned between the parties, provided that neither party shall be obligated to institute or prosecute proceedings for an abatement unless otherwise agreed. If such proceedings are commenced, the party commencing the same shall give the other party notice thereof and shall prosecute such proceeding and not discontinue the same without first giving the other notice of its intention to do so and reasonable opportunity to be substituted in such proceedings; and the other party agrees to cooperate in such proceedings without being obligated to incur any expense in connection therewith. It is understood that the term "cooperate" as used in the last preceding sentence shall, in the case of Seller or Current Owners, as applicable, include the signing of any and all applications or petitions for such proceedings which are required to be brought in the name of Seller or Current Owner, as applicable. Seller agrees to pay (or to cause Current Owner to pay) (i) any and all real property transfer taxes owed by the transferor in connection with the conveyance of the Subject Property to Buyer, if any are statutorily required, and (ii) the recording costs with respect to any mortgage(s), lien(s) or other monetary encumbrances affecting title to the Subject Property, if any. Xxxxx agrees to pay (i) any and all real property transfer taxes owed by the transferee in connection with the conveyance of the Subject Property to Buyer, if any are statutorily required,
Sample 1
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Related to Prorations and Fees

  • Payments and Fees Customer must pay the Fees according to the payment terms in the Sales Order in the currency stated. All invoices will only be delivered electronically using the billing and contact information provided by Customer. Customer agrees to provide clear indication with its payment as to which invoices (or portions thereof) the payment should be applied. Alternatively, these payment details can be emailed to Xxxxxxx@Xxxxxxx.xxx no later than the date of payment.

  • Points and Fees No Mortgagor was charged “points and fees” (whether or not financed) in an amount greater than (i) $1,000, or (ii) 5% of the principal amount of such Mortgage Loan, whichever is greater. For purposes of this representation, such 5% limitation is calculated in accordance with Xxxxxx Mae’s anti-predatory lending requirements as set forth in the Xxxxxx Xxx Guides and “points and fees” (x) include origination, underwriting, broker and finder fees and charges that the mortgagee imposed as a condition of making the Mortgage Loan, whether they are paid to the mortgagee or a third party; and (y) exclude bona fide discount points, fees paid for actual services rendered in connection with the origination of the Mortgage Loan (such as attorneys’ fees, notaries fees and fees paid for property appraisals, credit reports, surveys, title examinations and extracts, flood and tax certifications, and home inspections), the cost of mortgage insurance or credit-risk price adjustments, the costs of title, hazard, and flood insurance policies, state and local transfer taxes or fees, escrow deposits for the future payment of taxes and insurance premiums, and other miscellaneous fees and charges which miscellaneous fees and charges, in total, do not exceed 0.25% of the principal amount of such Mortgage Loan. This representation and warranty is a Deemed Material and Adverse Representation;

  • Payment Of Arbitration Costs And Fees The arbitrator shall award all costs and expenses of the arbitration proceeding.

  • Transfer Taxes and Fees Any and all sales, excise, use, value-added and similar taxes, fees or duties assessed or incurred by reason of the sale by Seller and the purchase by Buyer of the Purchased Assets hereunder shall be shared equally between the Seller and Buyer, regardless of which Party such taxes, fees or duties are assessed against.

  • Expenses and Fees Except as expressly provided otherwise herein, all costs and expenses incurred in connection with this Agreement and the transactions contemplated hereby shall be paid by the Party incurring such expenses.

  • Commissions and Fees Pentegra has not incurred any obligation for any finder's, broker's or similar fees in connection with the transactions contemplated hereby.

  • Taxes and Fees Each Party shall pay any and all transfer and registration tax, expenses and fees incurred thereby or levied thereon in accordance with the laws of China in connection with the preparation and execution of this Agreement and the Transfer Contracts, as well as the consummation of the transactions contemplated under this Agreement and the Transfer Contracts.

  • Closing Costs; Transfer Taxes and Fees Seller shall be responsible for paying (i) any documentary and transfer taxes and any sales, use or other taxes imposed by reason of the transfers of Assets provided hereunder and any deficiency, interest or penalty asserted with respect thereto and (ii) all costs of obtaining the transfer of existing Permits which may be lawfully transferred, (iii) all fees and costs of recording or filing all applicable conveyancing instruments described in Section 3.1, and (iv) all fees and costs of recording or filing all UCC termination statements and other releases of Encumbrances.

  • Computations of Interest and Fees (a) Except as provided in the next succeeding sentence, interest on LIBOR Loans shall be calculated on the basis of a 360-day year for the actual days elapsed. Interest on ABR Loans shall be calculated on the basis of a 365- (or 366-, as the case may be) day year for the actual days elapsed.

  • Services and Fees (a) The Advisor will, if requested by the Company:

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