Taxes; Apportionments. (a) All realty taxes imposed on the recording of the deed shall be borne equally by the parties and paid at Closing.
(b) Real estate taxes, water and sewer rentals and all other separately assessed or otherwise apportionable charges shall be prorated as of Closing on a per diem basis, and such apportionments shall be made, where applicable, with relation to the fiscal year or billing period, as applicable, of the levying authority.
Taxes; Apportionments. (a) All realty transfer taxes hereunder (if any) imposed on or arising in connection with this transaction shall be shared equally by Seller and Buyer and shall be paid at Settlement. Buyer shall pay the costs of all title insurance and endorsements.
(b) Real estate taxes, water and sewer rentals (if any) and all other apportionable charges fairly allocable to the Premises (provided the Premises are not separately assessed for such purposes) shall be prorated as of Settlement on a per diem basis, and such apportionments shall be made, where applicable, with relation to the fiscal year or billing period, as applicable, of the levying authority.
(c) Seller, at its sole cost and expense, may protest any taxes it has paid prior to Settlement and Seller shall have the right to retain any such tax refunds attributable to taxes paid by Seller on the Premises prior to Settlement as a result of Seller's contesting such taxes.
Taxes; Apportionments. (a) All realty transfer taxes hereunder (if any) imposed on or arising in connection with this transaction shall be paid by Seller at Settlement.
(b) Real estate taxes, water and sewer, and all other apportionable charges shall be apportioned as of Settlement on a per diem basis as per normal Xxxxxx County settlement practice.
Taxes; Apportionments. (a) All realty transfer taxes hereunder imposed on the sale of the Langhorne Property shall be shared equally by Seller and Buyer at Settlement. Buyer shall pay the premium for any title insurance obtained by Buyer, the cost of any survey obtained by Buyer and recording fees for recording of the Deed. All other closing and transaction costs (including, without limitation, sales and use taxes, mortgage or intangible taxes and similar taxes or charges and recording charges) shall be paid by Buyer. Seller and Buyer shall, however, be responsible for the fees of their respective attorneys.
(b) Real estate taxes, rents, water and sewer charges (if any) and all other apportionable charges fairly allocable to the Langhorne Property shall be prorated as of Settlement on a per diem basis, and such apportionments shall be made, where applicable, with relation to the fiscal year or billing period, as applicable, of the levying authority. If the real estate and/or personal property tax rate and assessments have not been set by the taxing authorities for the tax year in which Settlement occurs, then the proration of such taxes shall be based upon the rate and assessments in effect as of Settlement.
(c) Seller reserves the right to protest, or, as applicable, to continue to protest any real estate taxes relating to the period prior to the Settlement Date and to receive and retain any refunds on account of such real estate taxes.
Taxes; Apportionments. (a) The New Jersey Realty Transfer Fee hereunder imposed on the sale of the Pomona Property shall be paid by Seller at Settlement. Buyer shall pay the New Jersey Mansion Tax (if any), the cost of any title commitment and insurance obtained by Buyer, the cost of any survey obtained by Buyer and recording fees for recording of the Deed. Seller and Buyer shall be responsible for the fees of their respective attorneys.
(b) Real estate taxes, rents, water and sewer charges (if any), fees and charges under this Agreement, and all other apportionable charges fairly allocable to the Pomona Property shall be prorated as of Settlement on a per diem basis, and such apportionments shall be made, where applicable, with relation to the fiscal year or billing period, as applicable, of the levying authority. If the real estate and/or personal property tax rate and assessments have not been set by the taxing authorities for the tax year in which Settlement occurs, then the proration of such taxes shall be based upon the rate and assessments in effect as of Settlement.
(c) Seller reserves the right to protest, or, as applicable, to continue to protest any real estate taxes relating to the period prior to the Settlement Date and to receive and retain any refunds on account of such real estate taxes; provided, however, that Seller may not settle any such proceeding or agree upon an assessed valuation of the Pomona Property in connection therewith without the prior written consent of Buyer (which consent shall not be unreasonably withheld). If any refund is or subsequently becomes due or payable on account of real estate taxes for the year in which the Settlement occurs, the refund shall be apportioned between Seller and Buyer as of the Settlement Date.
Taxes; Apportionments. (a) Real estate taxes, Annual Rent under the Lease and lienable municipal services shall be apportioned pro rata on a per diem basis as of the date of Closing (except to the extent such taxes are the obligation of Purchaser under the Lease).
(b) All realty transfer taxes imposed on any document executed or delivered pursuant hereto or otherwise in connection with this transaction, shall be divided equally between Seller and Purchaser. Purchaser shall pay all title insurance premiums charged by Purchaser's title insurance company, including additional premiums for any special endorsements requested by Purchaser. Each party shall bear its own counsel fees. All other recording and closing costs of any nature or description shall be borne or apportioned in accordance with the custom and practice in Bensalem, Pennsylvania.
Taxes; Apportionments. All realty transfer taxes imposed on or in connection with this transaction shall be divided equally between the parties. All other items customarily apportionable by and between sellers and buyers of real estate in the locale of the Premises shall be apportioned on a per diem basis as of the date of Settlement.
Taxes; Apportionments. (a) All sales, use, transfer (whether city, county or state and including real estate transfer), documentary, use, stamp, filing, recordation, registration, purchase and similar Taxes and fees (“Transfer Taxes”) arising from the transactions contemplated by this Agreement, whether levied on the Seller or the Purchaser or their respective Affiliates under applicable Law, shall be borne fifty percent (50%) by the Purchaser and fifty percent (50%) by the Seller; provided, however, that any such Transfer Taxes constituting sales, use or similar Taxes shall be borne one hundred percent (100%) by the Purchaser. The Party responsible under applicable Law shall file all necessary Tax Returns and other documentation with respect to any such Transfer Taxes; provided that the Parties shall mutually agree on the valuations identified in such Tax Returns which impact the determination of Transfer Taxes due; and further provided where such Tax Returns or other documentation is required to be filed on a joint basis, the Parties shall cooperate in the timely preparation and filing thereof, including mutually agreeing on the valuations identified in such Tax Returns which impact the determination of Transfer Taxes due, and the Parties shall cooperate in providing the information required by any Tax Returns or other documentation relating to Transfer Taxes. The Parties shall also use commercially reasonable efforts with each other in connection with establishing the applicability of any exemption from any Transfer Taxes and the filing of such Tax Returns or other documentation with respect thereto. Transfer Taxes specifically exclude any Taxes resulting from any Like-Kind Exchange.
Taxes; Apportionments. All sales, use, transfer, filing, recordation, registration and similar Taxes and fees arising from or associated with the transactions contemplated by this Agreement, whether levied on Purchaser or Seller or their respective Affiliates, shall be paid by Seller, and Seller shall file all necessary documentation with respect to, and make all payments of, such Taxes and fees on a timely basis.
Taxes; Apportionments. 6.1. Real estate taxes, if any, shall be the responsibility of the BUYER, on a per diem basis as of the date of settlement.
6.2. Agricultural Transfer Taxes, all documentary stamps, recordation taxes, and Maryland State transfer taxes imposed on or in connection with this transaction (if any) shall be the responsibility of the BUYER.
