Transaction Taxes and Closing Costs. (a) The Seller shall pay for the following fees, costs and expenses: (i) the fees of any counsel representing the Seller in connection with this transaction; (ii) the Virginia grantor’s tax; (iii) the cost or fee for the insurance or endorsement over any Title Objection cured by Seller by such insurance or endorsement pursuant to Section 2.1(a) hereof; (iv) one-half of any escrow charges incurred hereunder; and (v) all other closing costs incurred by Seller on Seller’s behalf in connection with this transaction. (b) Buyer shall pay the following fees, costs and expenses: (i) the fees of any counsel representing Buyer in connection with this transaction; (ii) the recordation tax; (iii) the recording fees for the Deed; (iv) (A) the cost of the premium for an ALTA owner’s/lender’s title insurance policy for the Property and (B) any other fees or premiums for extended coverage or any endorsements requested by Buyer (excluding, however, any cost or fee for the insurance or endorsement over any Title Objection cured by Seller by such insurance or endorsement pursuant to Section 2.1(a)); (v) all costs and expenses incurred in connection with the preparation of the Surveys requested by Buyer; (vi) one-half of any escrow charges incurred hereunder; and (vii) all other closing costs incurred by Buyer on Buyer’s behalf in connection with this transaction. (viii) all assumption or other fees charged by the Lender in connection with Buyer’s assumption of the Existing Indebtedness.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Wheeler Real Estate Investment Trust, Inc.), Purchase and Sale Agreement (Wheeler Real Estate Investment Trust, Inc.)
Transaction Taxes and Closing Costs. (a) The Seller shall pay for the following fees, costs and expenses:
(i) the fees of any counsel representing the Seller in connection with this transaction;
(ii) Any and all fees associated with the Virginia grantor’s tax;
(iii) preparation, execution and recordation of lien releases and the Termination Agreements; the cost or fee for the insurance or endorsement over any Title Objection cured by Seller by such insurance or endorsement pursuant to Section 2.1(a) hereof;
(iviii) one-half of any escrow charges incurred hereunder; and
(viv) all other closing costs incurred by Seller on Seller’s behalf in connection with this transaction.
(b) Buyer shall pay the following fees, costs and expenses:
(i) the fees of any counsel representing Buyer in connection with this transaction;
(ii) the recordation taxtaxes, transfer taxes and state and local documentary stamps or recording fees for each Deed;
(iii) the recording fees for the Deed;
(iv) (A) the cost of the premium for an ALTA owner’s/lender’s title insurance policy for the Property and (B) any other fees or premiums for extended coverage or any endorsements requested by Buyer (excluding, however, any cost or fee for the insurance or endorsement over any Title Objection cured by Seller by such insurance or endorsement pursuant to Section 2.1(a));
(viv) all costs and expenses incurred in connection with the preparation of the Surveys requested by Buyer;
(viv) one-half of any escrow charges incurred hereunder; and
(viivi) all other closing costs incurred by Buyer on Buyer’s behalf in connection with this transaction.
(viii) all assumption or other fees charged by the Lender in connection with Buyer’s assumption of the Existing Indebtedness.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Wheeler Real Estate Investment Trust, Inc.)
Transaction Taxes and Closing Costs. (a) The Seller shall pay for the following fees, costs and expenses:
(i) the fees of any counsel representing the Seller in connection with this transaction;
(ii) the Virginia grantor’s taxtax in connection with the recordation of the Ground Lease Assignment;
(iii) the cost or fee for the insurance or endorsement over any Title Objection cured by Seller by such insurance or endorsement pursuant to Section 2.1(a) hereof;
(iv) one-half of any escrow charges incurred hereunder; and
(v) all other closing costs incurred by Seller on Seller’s behalf in connection with this transaction.
(b) Buyer shall pay the following fees, costs and expenses:
(i) the fees of any counsel representing Buyer in connection with this transaction;
(ii) the recordation taxtax in connection with the recordation of the Ground Lease Assignment;
(iii) the recording fees for the DeedGround Lease Assignment;
(iv) (A) the cost of the premium for an ALTA owner’s/lender’s title insurance policy for the Property and (B) any other fees or premiums for extended coverage or any endorsements requested by Buyer (excluding, however, any cost or fee for the insurance or endorsement over any Title Objection cured by Seller by such insurance or endorsement pursuant to Section 2.1(a));
(v) all costs and expenses incurred in connection with the preparation of the Surveys requested by Buyer;
(vi) one-half of any escrow charges incurred hereunder; and
(vii) all other closing costs incurred by Buyer on Buyer’s behalf in connection with this transaction.
(viii) all assumption or other fees charged by the Lender in connection with Buyer’s assumption of the Existing Indebtedness.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Wheeler Real Estate Investment Trust, Inc.)
Transaction Taxes and Closing Costs. (a) The Seller shall pay for the following fees, costs and expenses:
(i) the fee for the title examination and the Title Commitment, the premium for the Title Policy (excluding any additional fees of for extended coverage, and any counsel representing fees for endorsements to the Seller in connection with this transactionTitle Policy);
(ii) all transfer taxes (including the Virginia grantor’s taxcost of any documentary stamps and any tax on the transfer of intangibles or personal property) relating to the conveyances and assignments of the Property by Seller to Buyer contemplated hereunder;
(iii) all recording fees for recording the cost or fee for Deed and any other documents to be recorded in connection with conveyance of the insurance or endorsement over any Title Objection cured Property by Seller by such insurance or endorsement pursuant to Section 2.1(a) hereofBuyer at Closing (other than those relating to Buyer’s financing, if any);
(iv) one-half of any the escrow charges incurred hereunderfee, if any, which may be charged by the Escrow Agent; and
(v) all other closing costs incurred by fees of any counsel representing Seller on Seller’s behalf in connection with this transaction.
(b) Buyer shall pay the following fees, costs and expenses:
(i) the portion of the premium for the Title Policy for extended coverage, and any fees for endorsements to the Title Policy;
(ii) the cost of preparing the Updated Survey, if any, as contemplated by Section 2.1 above;
(iii) one-half of the escrow fee, if any, which may be charged by the Escrow Agent;
(iv) all fees of any counsel representing Buyer in connection with this transaction;
(ii) the recordation tax;
(iii) the recording fees for the Deed;
(iv) (A) the cost of the premium for an ALTA owner’s/lender’s title insurance policy for the Property and (B) any other fees or premiums for extended coverage or any endorsements requested by Buyer (excluding, however, any cost or fee for the insurance or endorsement over any Title Objection cured by Seller by such insurance or endorsement pursuant to Section 2.1(a));; and
(v) all [the sales tax on the portion of the Purchase Price that has been allocated to personal property].
(c) All costs and expenses incurred incident to this transaction and the closing thereof, and not specifically described above, shall be allocated between Seller and Buyer in connection accordance with customary practice in the preparation of jurisdiction in which the Surveys requested by Buyer;
(vi) one-half of any escrow charges incurred hereunder; and
(vii) all other closing costs incurred by Buyer on Buyer’s behalf in connection with this transactionProperty is located.
(viiid) all assumption or other fees charged by The provisions of this Section 4.5 shall survive the Lender in connection with Buyer’s assumption of the Existing IndebtednessClosing.
Appears in 1 contract
Samples: Purchase and Sale Agreement
Transaction Taxes and Closing Costs. (a) The Seller shall pay for the following fees, costs and expenses:
(i) the fees of any counsel representing the Seller in connection with this transaction;
(ii) the Virginia grantor’s taxdocumentary stamps for the deed;
(iii) the cost or fee for the insurance or endorsement over any Title Objection cured by Seller by such insurance or endorsement pursuant to Section 2.1(a) hereof;
(iv) one-half of any escrow charges incurred hereunder; and
(v) all other closing costs incurred by Seller on Seller’s behalf in connection with this transaction.
(b) Buyer shall pay the following fees, costs and expenses:
(i) the fees of any counsel representing Buyer in connection with this transaction;
(ii) the recordation tax;
(iii) the recording fees for the Deed;
(iviii) (A) the cost of the premium for an ALTA owner’s/lender’s title insurance policy for the Property and (B) any other fees or premiums for extended coverage or any endorsements requested by Buyer (excluding, however, any cost or fee for the insurance or endorsement over any Title Objection cured by Seller by such insurance or endorsement pursuant to Section 2.1(a));
(viv) all costs and expenses incurred in connection with the preparation of the Surveys requested by Buyer;
(viv) one-half of any escrow charges incurred hereunder; and
(viivi) all other closing costs incurred by Buyer on Buyer’s behalf in connection with this transaction.
(viii) all assumption or other fees charged by the Lender in connection with Buyer’s assumption of the Existing Indebtedness.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Wheeler Real Estate Investment Trust, Inc.)
Transaction Taxes and Closing Costs. (a) The Seller shall pay for the following fees, costs and expenses:
(i) the fees of any counsel representing the Seller in connection with this transaction;
(ii) the Virginia grantor’s North Carolina transfer tax and any local transfer tax;
(iii) the cost or fee for the insurance or endorsement over any Title Objection cured by Seller by such insurance or endorsement pursuant to Section 2.1(a) hereof;
(iv) one-half of any escrow charges incurred hereunder; and
(v) all other closing costs incurred by Seller on Seller’s behalf in connection with this transaction.
(b) Buyer shall pay the following fees, costs and expenses:
(i) the fees of any counsel representing Buyer in connection with this transaction;
(ii) the recordation tax;
(iii) the recording fees for the Deed;
(iviii) (A) the cost of the premium for an ALTA owner’s/lender’s title insurance policy for the Property and (B) any other fees or premiums for extended coverage or any endorsements requested by Buyer (excluding, however, any cost or fee for the insurance or endorsement over any Title Objection cured by Seller by such insurance or endorsement pursuant to Section 2.1(a));
(viv) all costs and expenses incurred in connection with the preparation of the Surveys requested by Buyer;
(viv) one-half of any escrow charges incurred hereunder; and
(viivi) all other closing costs incurred by Buyer on Buyer’s behalf in connection with this transaction.
(viiivii) all assumption or other fees charged by the Lender in connection with Buyer’s assumption of the Existing Indebtedness.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Wheeler Real Estate Investment Trust, Inc.)
Transaction Taxes and Closing Costs. (a) The Seller shall pay for the following fees, costs and expenses:
(i) the fees of any counsel representing the Seller in connection with this transaction;
(ii) one-half of any and all realty transfer taxes imposed in connection with the Virginia grantor’s taxtransfer of the Property;
(iii) the cost or fee for the such insurance or endorsement over any Title Objection cured by Seller by such insurance or endorsement pursuant to Section 2.1(a) 2.1 hereof;
(iv) one-half of any escrow charges incurred hereunder;
(v) any real estate commissions arising from the sale of the Property; and
(vvi) all other closing costs incurred by Seller on Seller’s behalf in connection with this transaction.
(b) Buyer Purchaser shall pay the following fees, costs and expenses:
(i) the fees of any counsel representing Buyer Purchaser in connection with this transaction;
(ii) one-half of any and all realty transfer taxes imposed in connection with the recordation taxtransfer of the Property;
(iii) the recording fees for the Deed;
(iv) (A) the cost of the premium for an ALTA owner’s/lender’s title insurance policy for the Property and (B) any other fees or premiums for extended coverage or any endorsements requested by Buyer Purchaser (excluding, however, any cost or fee for the such insurance or endorsement over any Title Objection cured by Seller by such insurance or endorsement pursuant to Section 2.1(a)2.1);
(v) all costs and expenses incurred in connection with the preparation of the Surveys Survey requested by BuyerPurchaser;
(vi) one-half of any escrow charges incurred hereunder; and
(vii) all other closing costs incurred by Buyer Purchaser on BuyerPurchaser’s behalf in connection with this transaction.
(viii) all assumption or other fees charged by the Lender in connection with Buyer’s assumption of the Existing Indebtedness.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Triquint Semiconductor Inc)