Settlement Costs Sample Clauses
Settlement Costs. Cost of examination of title, title insurance, Purchaser's settlement fees, Purchaser's attorneys' fees, and document preparation charges for the Deed, if any, shall be at the sole expense of Purchaser. Seller shall be responsible for its own settlement costs.
Settlement Costs. (a) Stayton shall pay (i) Xxxxxxx'x own attorneys' fees and costs related to this transaction contemplated by this Agreement; (ii) all capital gains or other income taxes imposed upon Stayton in respect of the transactions contemplated by this Agreement; (iii) any state and local transfer taxes, documentary fees, sales, use and excise taxes, if any, imposed upon or relating to the conveyance of title to the Properties and/or the other transactions contemplated by this Agreement; (iv) all costs and expenses (including the cost of any title endorsements or affirmative insurance) in connection with the removal of record (or other manner satisfactory to the Title Company to insure over) of the Required Removal Exceptions and (v) any assumption fees, modification fees, extension fees or similar fees in connection with the modification and assumption of the Assumed Real Property Loans due and payable on or prior to the Closing Date, to the extent not capitalized in the Assumed Real Property Loans.
(b) Other than in connection with the Expense Reimbursement pursuant to Section 10.2(a), Purchaser shall pay (i) its own attorneys' fees and costs related to this transaction contemplated by this Agreement; (ii) all of its own costs for any inspections and tests performed at the Properties; (iii) the cost of the premiums for owner's (or lessee's, if applicable) title insurance policies for each of the Properties; and (iv) all fees, costs and expenses incurred in connection with the assumption by Purchaser of the Assumed Real Property Loans, including the Lender's attorneys' fees and costs, premiums for endorsements to Lender's title policies, costs and fees related to all updates to any third party inspections or reports required by any Lender (but excluding any assumption fees, modification fees, extension fees or similar fees).
(c) Stayton shall use reasonable efforts to obtain appropriate exemptions from the Court in order for such transactions to be, to the greatest extent permissible under applicable law, subject to the provisions of 11 U.S.C. § 1146(a), and, accordingly, free of any state and local transfer taxes, documentary stamp tax, sales use and excise taxes. Any litigation over a dispute about the applicability of Section 1146(a) of the Bankruptcy Code shall be conducted in the Court upon the instigation or response of Stayton and/or Purchaser, and if commenced elsewhere, Stayton shall timely remove it to the Court. If, for any reason, Purchaser and its att...
Settlement Costs. If the Agent (i) consents to the amount of any proposed payment to one or more third parties to settle or resolve a Third-Party Claim (the aggregate amount of any such payments or agreements, a “Settlement Amount”) (it being understood and agreed that the Agent will be deemed to have consented to such Settlement Amount if the Agent does not object to such Settlement Amount in writing within 20 days after Parent’s written request for such consent) or (ii) unreasonably withholds, conditions or delays such consent, then the Settlement Amount shall constitute Indemnifiable Damages for which the Indemnified Persons shall be indemnified to the extent an indemnification claim therefor is made under this Article IX, and, in each case, neither the Agent nor any Indemnifying Holder shall have any power or authority to object to recovery by or on behalf of any Indemnified Person (against the Holdback Fund, the Special Holdback Fund or otherwise) for any Indemnifiable Damages claimed with respect to such Settlement Amount. If the Agent has not consented to such Settlement Amount and such consent was not either (i) unreasonably withheld, conditioned or delayed or (ii) deemed given for failure to object within 20 days after a written request therefor, then the Indemnified Person is entitled to recover against such Settlement Amount under this Article IX but such Settlement Amount will not be determinative of the amount of Indemnifiable Damages the Indemnified Person is entitled to recover under this Article IX.
Settlement Costs. Xxxxx agrees to pay all settlement costs and charges including, but not limited to, all Lender’s fees in connection herewith, including title examination and title insurance fees, loan insurance premiums, all document preparation and recording fees, notary fees, survey fees where required, and all recording charges, except those incident to clearing existing encumbrances or title defects. If Buyer is a Veteran obtaining VA financing, Xxxxx’s Broker may not charge a flat fee to Buyer nor to Seller per VA Reg. Part 38 CFR 36.4313(b). Seller is advised that should Seller not be able to attend Settlement as scheduled, Seller may be subject to additional charges from the settlement company to cover the reasonable additional costs of accommodating Seller’s request. In such event, Xxxxxx is advised to contact the title company to determine what charges may apply.
Settlement Costs. All recording taxes, costs, fees, settlement charges, title insurance and attorney’s fees shall be paid at closing by HabitatNOVA.
Settlement Costs. North American Title & Escrow Company, Inc. (XXXX) is in possession of Declarant’s title report, current survey, condominium instruments, and all other instruments and materials necessary to legally convey the Units. Purchaser will be charged XXXX’s normal charges for a Washington D.C. settlement, including, but not limited to, a $225 settlement fee, $165 title search fee, $25 binder fee, $35 document preparation fee, $57 copy and courier fee, $25 tax certificate fee. Purchaser shall pay all other expenses including without limitation the cost of an appraisal and credit report, owner’s and mortgagee’s title insurance premiums, the recordation tax imposed on Purchaser by Section 42-1103 of the District of Columbia Code, and mortgage insurance premiums, as well as any other document preparation charges and related fees. To the extent that any Extras/Options/Upgrades have not yet been fully paid for by Purchaser, Purchaser shall make such payment to Seller at Settlement. If Purchaser has paid more than the price attributed by Seller for Extras/Options/Upgrades, then Purchaser shall receive a credit for such excess at Settlement against the Purchase Price.
Settlement Costs. See Closing Costs Attachment attached hereto as Exhibit "C".
Settlement Costs. (b) all Settlement Awards to claiming Settlement Class Members; and (c) any Cy Pres distribution pursuant to Section G.3. The Settlement Fund, including any interest, shall be reduced by the Settlement Costs prior to paying any Settlement Awards to Settlement Class Members. Synchrony shall not, under any circumstances, be obligated to pay any amounts in addition to the Settlement Fund in connection with the Settlement.
Settlement Costs. 8.1 Buyer will order the examination of title and the preparation of all necessary conveyance papers, and except as otherwise provided herein, Buyer shall be responsible for all Settlement and title charges, and notary fees, if any, and all other costs associated with Settlement. Seller and Buyer shall each pay their own attorneys' fees with respect to this Contract. Seller shall pay a reasonable fee, not to exceed One Hundred Dollars ($100.00), for services rendered by Settlement Agent in connection with its performance of Settlement.
8.2 The payment of all normal transfer costs, including state and local taxes, documenting stamps and the West Virginia Excise Tax on the privilege of transferring real property shall be shared equally by Seller and Buyer at Settlement hereunder.
Settlement Costs. 3.1 The State Grantor's tax upon the deed of conveyance and the charges for recordation of the repurchase option, if recorded, shall be at the cost of the Seller. Charges for title examination, surveys, owner's title insurance premiums, all recording taxes (other than documents necessary to clear title) and all other charges including the Settlement Agent's charge for conducting settlement shall be at the cost of the Buyer. Each party shall pay its own counsel fees.
3.2 Real estate taxes and assessments imposed by a governmental authority ("Taxes") and any assessments by private covenant constituting a lien or charge on the Property for the then-current calendar year or other current tax period not yet due and payable shall be prorated, based on the most recent tax xxxx pertaining to the Property and taking into account any discount available based on an early payment of such Taxes, between Seller and Buyer as of the close of the day immediately preceding settlement. If settlement occurs prior to the receipt by Seller of the tax xxxx for the calendar year or other applicable tax period in which settlement occurs, Buyer and Seller shall prorate Taxes for such calendar year or other applicable tax period based upon the most recent ascertainable assessed value and tax rates, final adjustment to be made as soon as reasonably possible after settlement.
3.3 If the Property is taxed as a portion of a larger tax parcel, the Seller and Buyer agree to pay the real estate taxes covering the year of settlement (and any previous years) for the entire parcel to the taxing authorities at settlement, or, if the tax xxxx is not available, the parties shall estimate the real estate taxes for the larger tax parcel, based upon the most recent ascertainable assessed value and tax rates, final adjustment to be made as soon as reasonably possible after settlement, and shall execute and deliver such documentation before and after settlement as may be necessary to cause the Property to be assessed as a separate parcel. Seller shall pay the amount of the real estate taxes shown on said xxxx to the taxing authorities when the tax xxxx becomes available, and Seller shall indemnify and hold Buyer harmless against liability, cost or expense incurred by Buyer in connection with, or arising out of, Seller's failure to pay the real estate taxes in a timely manner.