Transaction Costs Risk of Loss Sample Clauses

Transaction Costs Risk of Loss. Section X.1 Transaction Costs.Transfer Taxes"), shall be paid for entirely by Seller. In addition to the foregoing and their respective apportionment obligations hereunder, (a) Sellers and Buyer shall each be responsible for the payment of the costs of their respective legal counsel, advisors and other professionals employed thereby in connection with the sale of the Assets, (b) Seller shall be responsible (i) for the title insurance policy premiums in respect of any fee and leasehold title insurance, including extended coverage obtained by the Buyer only, excluding the cost of any endorsements which the Buyer elects to obtain and (ii) the cost and expense of obtaining UCC searches, federal and state tax lien, judgment, pending litigation and bankruptcy searches for Seller and (iii) any Repayment Costs and (c) Buyer shall be responsible for all costs and expenses associated with (i) Buyer's due diligence, (ii) title reports or abstracts with respect to the Property, all title endorsements which Buyer elects to obtain and all survey and search costs and updates related to title insurance, in each case commissioned by the Buyer, (iii) the policy premiums in respect of any mortgage title insurance obtained by Buyer (if any), (iv) payment, at the Closing, of the recording charges and fees and recordation taxes for the documents necessary to transfer the Asset, (v) all costs and expenses of obtaining any financing the Buyer may elect to obtain (including any fees, financing costs, transfer taxes resulting from the placement of the lien of a mortgage by Buyer upon the Property, mortgage and recordation taxes and intangible taxes in connection therewith) and (vi) all other costs which are the responsibility under applicable law for the Buyer to pay (including, without limitation, all sales and use taxes due as a result of the sale of the Asset). With respect to the Property, Buyer and Seller shall indemnify the other and their respective successors and assigns from and against any and all loss, damage, cost, charge, liability or expense (including court costs and reasonable attorneys' fees) which such other party may sustain or incur as a result of the failure of the indemnifying party to timely pay any of the aforementioned taxes, fees or other charges for which it has assumed responsibility under this Section.
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Transaction Costs Risk of Loss 
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Related to Transaction Costs Risk of Loss

  • Transaction Costs Borrower shall have paid or reimbursed Lender for all title insurance premiums, recording and filing fees or taxes, costs of environmental reports, Physical Conditions Reports, appraisals and other reports, the fees and costs of Lender's counsel and all other third party out-of-pocket expenses incurred in connection with the origination of the Loan.

  • Transportation Costs The cost of transporting a Warranted Part claimed to be defective to the facilities designated by the Seller and for the return therefrom of a repaired or replaced Warranted Part shall be borne by the Buyer.

  • Collection Costs In the event collection efforts are required to obtain payment on this Account, to the extent permitted by law, You agree to pay all court costs, private process server fees, investigation fees or other costs incurred in collection and reasonable attorneys' fees incurred in the course of collecting any amounts owed under this Agreement or in the recovery of any Collateral.

  • Transfer Taxes On the Closing Date, all stock transfer or other taxes (other than income or similar taxes) which are required to be paid in connection with the issuance, sale and transfer of the Securities to be sold to each Buyer hereunder will be, or will have been, fully paid or provided for by the Company, and all laws imposing such taxes will be or will have been complied with.

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