Transaction and Contribution Costs Sample Clauses

Transaction and Contribution Costs. (a) Dayville Unit and Inland shall execute such returns, questionnaires and other documents as shall be required with regard to all applicable real property transaction taxes imposed by applicable federal, state or local law or ordinance. (b) Dayville Unit shall pay the fees of counsel representing Dayville Unit in connection with this transaction. In addition, Dayville Unit shall also pay the following costs and expenses: (i) the fees for any consultants which have been hired or retained by Dayville Unit in connection with the transactions contemplated by this Agreement; (ii) 100% of all survey and title charges; (iii) 50% of the fees and expenses of the Escrow Agent, as set forth in Section 1.2(d)(i) hereof; (iv) Huntington Bank fees and costs (including one-half of the loan fee in the sum of $165,000 (i.e., $82,500.00)); and (v) 100% of any transfer taxes (however characterized) (if any) imposed by the State of Connecticut upon the Acquisition of the Membership Interests by Inland, whether imposed at the time of Contribution or at a later date (the “Transfer Taxes”). (c) Inland shall pay the fees of counsel representing Inland in connection with this transaction, if any. In addition, Inland shall also pay the following costs and expenses: (i) intentionally deleted; (ii) the cost of appraisals, Environmental Assessments of the Property prepared on Inland's behalf or at Inland's direction; (iii) except as set forth in Section 9.1 hereof, the fees for any other brokers or consultants which have been hired or retained by Inland in connection with the transaction contemplated by this Agreement; and (iv) one-half of the Huntington Bank loan fee ($82,500.00); and (v) 50% of the fees and expenses of the Escrow Agent, as set forth in Section 1.2(d)(i) hereof. (d) All costs and expenses incident to the transaction contemplated hereby and the Contribution thereof, and not specifically described above, shall be paid by the party incurring same. The provisions of this Section 4.3 shall survive the Contribution or termination of this Agreement.