Real Property Filings. On the Closing Date, Purchaser shall file or record the deeds and any and all documents necessary in order that the legal and equitable title to Owned Real Property shall be duly vested in Purchaser. The reasonable cost of title insurance and all escrow closing costs shall be borne equally by Purchaser and Seller.
Appears in 2 contracts
Samples: Purchase and Assumption Agreement (MVB Financial Corp), Purchase and Assumption Agreement (Summit Financial Group, Inc.)
Real Property Filings. On the Closing Date, Purchaser shall file or record the deeds and any and all documents necessary in order that the legal and equitable title to Owned Real Property shall be duly vested in Purchaser. The reasonable cost of title insurance and all escrow closing costs shall be borne equally by Purchaser and Seller.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Summit Financial Group Inc)
Real Property Filings. On the Closing Date, Purchaser shall file or record the deeds and record, or cause to be filed or recorded, any and all documents necessary in order that the legal and equitable title to Owned the Real Property shall be duly vested in Purchaser. The reasonable cost of title insurance Any expenses with respect to such filings, the Title Insurance and all escrow closing costs shall be borne equally by Purchaser and SellerPurchaser.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Floridian Financial Group Inc)
Real Property Filings. On the Closing Date, Purchaser shall file or record the deeds and record, or cause to be filed or recorded, any and all documents necessary in order that the legal and equitable title to Owned the Real Property shall be duly vested in Purchaser. The reasonable cost of title insurance Any expenses with respect to such filings shall be borne by Purchaser, and the Title Insurance and all escrow closing costs shall be borne equally by Purchaser and Seller.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (CenterState Banks, Inc.)
Real Property Filings. On the Closing Date, Purchaser shall file or record the deeds and record, or cause to be filed or recorded, any and all documents necessary in order that the legal and equitable title to Owned the Real Property shall be duly vested in Purchaser. The reasonable cost of title insurance Title Insurance and all escrow closing costs shall be borne equally by Purchaser and Seller.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (First Bancorp, Inc /ME/)
Real Property Filings. On the Closing Date, Purchaser shall file or record the deeds and record, or cause to be filed or recorded, any and all documents necessary in order (or shall otherwise provide the Title Company with any and all documents necessary for the Title Insurer to confirm) that the legal and equitable title to Owned Real Property (and to each parcel of Leased Real Property with respect to which Purchaser shall choose to acquire Title Policies) shall be duly vested in Purchaser. The reasonable cost of title insurance Title Insurance and all escrow closing costs shall be borne equally by Purchaser and Seller.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (Shore Bancshares Inc)
Real Property Filings. On the Closing Date, Purchaser shall file or record the deeds and record, or cause to be filed or recorded, any and all documents necessary in order that the legal and equitable title to Owned Real Property shall be duly vested in Purchaser. The reasonable cost of title insurance Title Insurance premiums and all other costs shall be borne by Purchaser. Any escrow closing costs shall be borne equally by Purchaser and Seller.
Appears in 1 contract
Samples: Purchase and Assumption Agreement (HCSB Financial Corp)
