Xxxxx's Obligation to Pay Closing Costs and Other Amounts Sample Clauses

Xxxxx's Obligation to Pay Closing Costs and Other Amounts. Buyer will pay for the following closing costs: all of the Escrow fee, notary fees, appraisal fees, recording costs, charges for Xxxxx's credit report, costs of preparing any mortgages and promissory notes, and title insurance costs. Buyer will also pay mortgage costs. Buyer will also pay the start-up fee in the amount described in Article III, Section D.1 above. This start-up fee will not be refunded and cannot be transferred. It is a one-time charge at the time of sale, not a common expense, and is in addition to the normal monthly maintenance charges or fees. It will be held and used by the Seller and the first Managing Agent of the Association to pay for certain initial common expenses of the Project such as insurance premiums and as a working capital fund for the benefit of all the unit owners. Xxxxx agrees that Xxxxxx does not have to pay any start-up fee for any unit in the Project even if it is owned by Seller. Buyer will also pay the advance maintenance fee, the Koa Ridge Owners Association start-up assessment and the Koa Ridge Owners Association assessments described in Article III, Section D above. In order to submit the land of the Project to a condominium property regime, the Declaration was recorded in the Bureau of Conveyances of the State of Hawaii. Upon the recordation of the Declaration, the City will assign a CPR number to each condominium unit in the Project. Due to deadlines utilized by the City that affect the timing of the issuance of CPR numbers, the land upon which the Project is located currently may be assessed as a single parcel for a limited period of time during which each unit would not be separately assessed for real property tax purposes. If the land of the Project is assessed as a single parcel and the real property tax bill for the entire parcel has been or will be received by the Seller, Seller will prepare a worksheet to allocate the real property taxes among the units and Buyer will pay at Closing an amount equal to the portion of the real property taxes allocated to the Property, as provided on the worksheet, for the entire initial tax year (ending June 30) in which the Closing occurs, prorated as of the Closing Date. If the land of the Project is taxed as a single parcel in the subsequent tax year and the real property tax bill for the entire parcel is received by the Seller, Seller will prepare a worksheet for the subsequent tax year to allocate the real property taxes among the units. Seller will send Buyer an invo...

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Xxxxx's Obligation to Pay Closing Costs and Other Amounts. Buyer will pay for the following closing costs: all of the Escrow fee, notary fees, appraisal fees, recording costs, charges for Xxxxx's credit report, costs of preparing any mortgages and promissory notes, and title insurance costs. Buyer will also pay mortgage costs. WAIOHA II AT KOA RIDGE – PHASE II Unit No. Buyer will also pay the start-up fee in the amount described in Article III, Section D.1 above. This start-up fee will not be refunded and cannot be transferred. It is a one-time charge at the time of sale, not a common expense, and is in addition to the normal monthly maintenance charges or fees. It will be held and used by the Seller and the first Managing Agent of the Association to pay for certain initial common expenses of the Project such as insurance premiums and as a working capital fund for the benefit of all the unit owners. Xxxxx agrees that Xxxxxx does not have to pay any start-up fee for any unit in the Project even if it is owned by Seller. Buyer will also pay the advance maintenance fee, the Koa Ridge Owners Association start-up assessment and the Koa Ridge Owners Association assessments described in Article III, Section D above. In order to submit the land of the Project to a condominium property regime, the Declaration was recorded in the Bureau of Conveyances of the State of Hawaii. Upon the recordation of the Declaration, the City will assign a CPR number to each condominium unit in the Project. Due to deadlines utilized by the City that affect the timing of the issuance of CPR numbers, the land upon which the Project is located currently may be assessed as a single parcel for a limited period of time during which each unit would not be separately assessed for real property tax purposes. If the land of the Project is assessed as a single parcel and the real property tax bill for the entire parcel has been or will be received by the Seller, Seller will prepare a worksheet to allocate the real property taxes among the units and Buyer will pay at Closing an amount equal to the portion of the real property taxes allocated to the Property, as provided on the worksheet, for the entire initial tax year (ending June 30) in which the Closing occurs, prorated as of the Closing Date. If the land of the Project is taxed as a single parcel in the subsequent tax year and the real property tax bill for the entire parcel is received by the Seller, Seller will prepare a worksheet for the subsequent tax year to allocate the real property taxes amon...

Related to Xxxxx's Obligation to Pay Closing Costs and Other Amounts

Payment of Taxes and Other Expenses Should City, in its discretion, or a relevant taxing authority such as the Internal Revenue Service or the State Employment Development Division, or both, determine that Contractor is an employee for purposes of collection of any employment taxes, the amounts payable under this Agreement shall be reduced by amounts equal to both the employee and employer portions of the tax due (and offsetting any credits for amounts already paid by Contractor which can be applied against this liability). City shall then forward those amounts to the relevant taxing authority. Should a relevant taxing authority determine a liability for past services performed by Contractor for City, upon notification of such fact by City, Contractor shall promptly remit such amount due or arrange with City to have the amount due withheld from future payments to Contractor under this Agreement (again, offsetting any amounts already paid by Contractor which can be applied as a credit against such liability). A determination of employment status pursuant to the preceding two paragraphs shall be solely for the purposes of the particular tax in question, and for all other purposes of this Agreement, Contractor shall not be considered an employee of City. Notwithstanding the foregoing, should any court, arbitrator, or administrative authority determine that Contractor is an employee for any other purpose, then Contractor agrees to a reduction in City’s financial liability so that City’s total expenses under this Agreement are not greater than they would have been had the court, arbitrator, or administrative authority determined that Contractor was not an employee.
Independent Contractor; Payment of Taxes and Other Expenses 9.1 Consultant shall be deemed at all times to be an independent contractor and shall be wholly responsible for the manner in which Consultant performs the services required of Consultant by the terms of this Agreement. Consultant shall be liable for its acts and omissions, and those of its employees and its agents. Nothing contained herein shall be construed as creating an employment, agency or partnership relationship between City and Consultant.
Termination Costs If a Party elects to terminate this Agreement pursuant to Article 2.3.1 above, the terminating Party shall pay all costs incurred (including any cancellation costs relating to orders or contracts for Attachment Facilities and equipment) or charges assessed by the other Parties, as of the date of the other Parties’ receipt of such notice of termination, that are the responsibility of the terminating Party under this Agreement. In the event of termination by a Party, all Parties shall use commercially Reasonable Efforts to mitigate the costs, damages and charges arising as a consequence of termination. Upon termination of this Agreement, unless otherwise ordered or approved by FERC:
Payment of Employment Taxes and Other Expenses Should City, in its discretion, or a relevant taxing authority such as the Internal Revenue Service or the State Employment Development Division, or both, determine that Contractor is an employee for purposes of collection of any employment taxes, the amounts payable under this Agreement shall be reduced by amounts equal to both the employee and employer portions of the tax due (and offsetting any credits for amounts already paid by Contractor which can be applied against this liability). City shall then forward those amounts to the relevant taxing authority. Should a relevant taxing authority determine a liability for past services performed by Contractor for City, upon notification of such fact by City, Contractor shall promptly remit such amount due or arrange with City to have the amount due withheld from future payments to Contractor under this Agreement (again, offsetting any amounts already paid by Contractor which can be applied as a credit against such liability). A determination of employment status pursuant to the preceding two paragraphs shall be solely for the purposes of the particular tax in question, and for all other purposes of this Agreement, Contractor shall not be considered an employee of City. Notwithstanding the foregoing, Contractor agrees to indemnify and save harmless City and its officers, agents and employees from, and, if requested, shall defend them against any and all claims, losses, costs, damages, and expenses, including attorneys’ fees, arising from this section.
Fees Taxes and Other Charges You will timely pay all fees due and owing to Viasat, including without limitation, the activation fee, monthly service fee, fees for repair or replacement of damaged Equipment, and any additional fees set forth in the Product Addendum (collectively, the “Service Fees”) for the Service. You agree to pay all applicable federal, state and local taxes, fees and surcharges related to your use of the Service, provision of Services, software or hardware or the use of the Service by others at the designated installation location.
Reimbursable Costs 5.3.1. To be considered eligible for reimbursement, costs have to be: • actually incurred, individually identifiable and verifiable, as backed by copies of supporting evidence, as the case may be in the Contractor’s official bookkeeping; this means that no lump sums will be eligible for reimbursement; • necessary in order to perform the tasks as specified in the Terms of Reference (Annex 2); and • cost effective and providing value for money
Fees and Other Charges (a) The Borrower will pay a fee on all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility, shared ratably among the Revolving Lenders and payable quarterly in arrears on each Fee Payment Date after the issuance date. In addition, the Borrower shall pay to the Issuing Lender for its own account a fronting fee of 0.25% per annum on the undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on each Fee Payment Date after the issuance date.
Rent and Other Payments This paragraph contains detailed commercial terms. ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ ■ .