Seller’s Costs definition

Seller’s Costs is defined for the purpose of this Agreement as the expenses, if any, actually incurred by Seller for: (i) title examination, survey, and municipal searches, including the issuance of Seller’s Title Commitment and any continuation thereof, without issuance of a title insurance policy, and issuance of Seller’s Title Policy; (ii) fees paid to Seller’s engineer for preparing any environmental and engineering reports with respect to the Property; and (iii) the actual and reasonable third-party costs incurred by Seller in connection with the negotiation of this Agreement, including, without limitation, reasonable attorneys’ fees.
Seller’s Costs has the meaning set forth in Section 5.9(h).
Seller’s Costs means all of the expenses actually incurred by Seller for the actual and reasonable third-party costs incurred by Seller in connection with the negotiation of this Agreement, including, without limitation, reasonable attorneys’ fees.

Examples of Seller’s Costs in a sentence

  • The Agreed-Upon Limit shall not apply to subsections 7.1(d), (e), (g), and (i) above, Section 8.8 below (except as provided in 8.8(a)(ii)) or errors in the proper calculation of closing credits or changes including, but not limited to, Seller’s Costs and Buyer’s Costs under Article XI, below, and Adjustments under Article XII, below.

  • Escrow Holder shall debit or credit (as provided herein) all Buyer’s Costs and Debited Amounts, Seller’s Costs and Debited Amounts and General Expenses, prorate matters and withhold funds as provided herein.

  • Closing Statement in a form reasonably acceptable to Buyer and Seller showing the allocation of Buyer’s Costs, Seller’s Costs, Escrow Expenses, Prorations, and General Expenses, all as defined in Section 16, and disbursements to be made by Escrow Holder.

  • Buyer shall, upon execution of this Agreement, provide a cash escrow in the amount of $5,000.00 to be used to reimburse Seller for the Seller’s Costs.

  • Notwithstanding anything in this Agreement to the contrary, upon Buyer giving a written Option Notice to Seller, Buyer shall be obligated to acquire the Development Property from Seller, and Buyer shall pay all costs for such transaction, including, but not limited to the Purchase Price and the Seller’s Costs as set forth in this Agreement.


More Definitions of Seller’s Costs

Seller’s Costs means the transaction costs in connection with the Transaction to be paid directly by Buyer on behalf of the Sellers of an amount not exceeding € 1,500,000. Sellers Group means the Sellers and any of their respective Affiliates, from time to time, (but excluding, for the avoidance of doubt, the Group Companies).
Seller’s Costs shall have the meaning set forth in Section 10.12 hereof.
Seller’s Costs means all of Seller’s and its affiliates costs, expenses and fees arising from the date the Master Agreement was signed until the Closing Date under this Agreement, related to or in connection with Seller’s acquisition, ownership, holding, and transfer of the Property, including, without limitation, debt service and carrying costs related to the Property. Seller’s Costs reimbursable by Purchaser shall be capped at One Hundred Fifty Thousand Dollars ($150,000) of actual expended third-party costs (without limiting the preceding definition of Seller’s Costs).
Seller’s Costs. The costs of closing, if not determined by other provisions of this Agreement, shall be paid as follows:
Seller’s Costs. (i) one-half of all recording fees and one-half of any and all state and county recordation, documentary or transfer taxes due on each of the Deeds; (ii) one-half of the escrow fees charged by the Escrow Agent; (iii) payment of the fees and disbursements of Seller’s counsel and any other expenses incurred by Seller or its representatives in connection with this transaction; (iv) any sales taxes payable with respect to any personal property included as part of the Property; and (v) all other costs to be paid by Seller as set forth in this Agreement. Seller hereby agrees to indemnify, protect, defend and hold Purchaser harmless from and against all loss, liability, cost and expenses (including, but not limited to, reasonable attorneys’ fees) that Purchaser actually suffers or incurs as a result of the failure by Seller to timely pay or discharge any of the Seller’s Costs.
Seller’s Costs. SELLER shall pay at closing:
Seller’s Costs means any costs and expenses incurred by Seller in connection with the sale of the Property pursuant to this Agreement, including, without limitation, Seller’s costs for obtaining the Title Commitment, the Title Policy, all costs and expenses of (i) releasing existing loans and recording such releases and (ii) removing all Seller Encumbrances and recording such releases, 50% of the closing fees charged by the Title Company to close the Transaction, Seller’s share of the cost of the Survey prepared by the Surveyor, the commissions due the Seller’s Broker in this Transaction and Seller’s attorneys’ fees and costs incurred by Seller in connection with the preparation and negotiation of this Agreement and the related Seller Closing Documents and other fees and costs incurred by professionals retained by Seller in connection with this Transaction.