Settlement Charges; Prorations and Adjustments. (a) Contributor shall pay for the title examination, the title insurance premiums, ALTA basic As-Built survey of the Property, any Illinois State and County and municipal transfer taxes and recording fees in connection with this transaction. FWRLP shall pay any other costs incurred by FWRLP in connection with studying the Property and closing this transaction. FWRLP and Contributor shall each pay its own legal fees related to the preparation of this Agreement and all documents required to settle the transaction contemplated hereby and shall share equally the cost of any Title Company escrow closing charges, including any New York-style closing fees. (b) In addition to the foregoing, at the Closing, the following adjustments and prorations shall be computed as of the Closing Date, as follows:
Appears in 7 contracts
Samples: Contribution Agreement (First Washington Realty Trust Inc), Contribution Agreement (First Washington Realty Trust Inc), Contribution Agreement (First Washington Realty Trust Inc)
