Closing Cost definition

Closing Cost means the actual cost of issuance or closing cost of a loan, note, or public-private
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Closing Cost means cost deducted from the proceeds of each Tranche.
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Closing Cost. Purchase Price: $ $ 0.00 The sum of $ is to be derived from a Mortgage Loan (the “Loan”) and obtained from a third party lender (the “Lender”)(specify if Conventional FHA or VA ). Purchaser will pay the Lender at Closing all required prepaid items (points, prepaid interest, taxes and insurance) and pay all Closing costs identified in Paragraph 9 below; provided, that if the Purchaser obtains financing through the Federal Housing Administration (the “FHA”) or the Veterans Administration (the “VA”), the Purchaser shall pay only those Closing costs that are permitted under FHA/VA regulations, and Seller shall pay the remainder.
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Examples of Closing Cost in a sentence

  • Seller and Buyer shall pay closing costs as described in the Closing Cost Allocations (and Closing Agent is authorized to (i) pay Seller’s costs from Seller’s proceeds, and (ii) pay Buyer’s costs from funds deposited into Escrow by Buyer).

  • All brokerage fees are to be paid through Escrow Holder at Closing as a Closing Cost.

  • If Purchaser obtains mortgage loan financing, the lender will provide Purchaser with Closing Cost estimates related to the financing.

  • Seller and Purchaser agree that, prior to Closing, upon request, the brokers named in Section 29 of this Contract shall be provided with a copy of the proposed TILA-RESPA Closing Disclosure (CD) pages 2 and 3 (Closing Cost Details and Summaries of Transactions) and, at Closing, upon request, said brokers shall be provided a copy of the final CD(s) signed by Seller and Purchaser.

  • The parties agree that if such prorations are inaccurate because the Closing Cost Differential will not be certain at Closing, then the parties hereto will, as soon as the same is known, make such further adjustments outside of Escrow as may be appropriate.

  • The Buyer is not required to repay or reimburse the Closing Cost Grant to the Foundation.

  • Buyer shall deliver the balance of the Purchase Price (less the amount of the ▇▇▇▇▇▇▇ Money, Closing Cost Credit, plus or minus prorations and escrow 48 fees, if any) to Seller and Seller shall execute and deliver the Deed (as defined below) to Buyer ("Closing").

  • The Foundation has approved ▇▇▇▇▇’s application for the Closing Cost Grant, subject to all of the terms and conditions contained in this Agreement.

  • Purchaser acknowledges receipt of a signed copy of this Purchase Agreement, as well as Estimated Purchaser’s Closing Cost Statement if required by law.

  • Closing Cost Credit may only be used toward closing costs and is not redeemable in cash or credit toward upgrades.


More Definitions of Closing Cost

Closing Cost means any fee, charge or other expense, other than a downpay­ ment, paid in cash by the customer, or on the customer’s behalf, at, or prior to, a closing, as a condition to the transac­ tion, whether or not such fee, charge or expense constitutes a finance charge.
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Closing Cost means the actual cost of issuance or closing cost of a loan, note, or public-private agreement, not to exceed 3% of the amount of the loan, note, or public-private agreement.
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Closing Cost means the fees and expenses incurred by the Borrower, any Successor Entity or holders of Equity Interest in the Borrower or any Successor Entity in connection with a Sale of the Borrower, including, without limitation, attorneys fees and expenses, accountants fees and expenses, brokerage fees and expenses and consultant's fees and expenses.
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Related to Closing Cost

  • Closing Costs means, collectively, all initial costs and fees that identified above and in Section 16 that Seller agrees to pay to Buyer as consideration for agreeing to enter into this Agreement.

  • Financing Costs Adjustment Date means each of the following days:

  • Operating Cost means the total cost and expense incurred in operating, managing, insuring, equipping, lighting, repairing, maintaining and policing the Real Property, including the exterior of the Real Property and the common areas, and specifically including, without limitation, items of expense for or related to: insurance premiums and deductibles, management, bookkeeping.

  • Estimated Closing Date Net Working Capital has the meaning specified in Section 3.3.

  • Leasing Costs means, with respect to a particular Lease, all capital costs, expenses incurred for capital improvements, equipment, painting, decorating, partitioning and other items to satisfy the initial construction obligations of the landlord under such Lease (including any expenses incurred for architectural or engineering services in respect of the foregoing), “tenant allowances” in lieu of or as reimbursements for the foregoing items, payments made for purposes of satisfying or terminating the obligations of the tenant under such Lease to the landlord under another lease (i.e., lease buyout costs), relocation costs, temporary leasing costs, leasing commissions, brokerage commissions, legal, design and other professional fees and costs, in each case, to the extent the landlord is responsible for the payment of such cost or expense under the relevant Lease or any other agreement relating to such Lease.