Division of Expenses. Seller and Buyer agree that the closing expenses in connection with the sale and purchase of the Property shall be divided as follows:
Division of Expenses. The parties agree the expenses in connection with the sale and purchase of this property will be divided as follows: Attorney’s fees for the drafting of this Agreement Seller Escrow closing fee One-half by each party Title insurance premium: Owner’s policy One-half by each party Title insurance premium: Loan policy Buyer Title corrections Seller Documentary stamp tax Seller Recording fees: Deed of conveyance Buyer Recording fees: Instruments to clear title Seller
Division of Expenses. AA.1 The costs and expenses of the program referred to in Article III shall be borne as to Fifty (50%) percent by Signal, Twenty-five (25%) percent by Home, Ten (10%) percent by Alminex, Ten (10%) percent by Xxxx and Five (5%) percent by United and C-M-O shall not bear any of the said costs or expenses nor shall the same be recoupable from C-M-O.
Division of Expenses. As between Buyer and Sellers, (i) all Property Expenses attributable to periods prior to the Closing Date or paid by or on behalf of any Seller prior to the Closing Date, other than Assumed Liabilities, shall be borne by Sellers and (ii) without limitation of clause (i), (A) all Property Expenses attributable to periods from and after the Closing Date and (B) all other Property Expenses assumed by Buyer as Assumed Liabilities shall be borne by Buyer.
Division of Expenses. Owner will provide and be responsible for (i) the Station personnel necessary for maintenance and operation of the Station’s transmission facilities (including without limitation a Chief Operator), and will be responsible for the salaries, taxes, insurance and related costs for all Station personnel used in the maintenance and operation of the Station’s transmission facilities, (ii) such costs as are provided for in Section 9.2 and (iii) all real and personal property taxes, mortgage fees and expenses and other real property costs (including insurance), (iv) all transmitter site leases and any lease payments related to the Station’s studios located at 10000 Xxxx Xxxxxxx, Xxxxx 0000, Xxxxxxx, Xxxxx 00000, (v) any utilities (excluding telephone charges), and (vi) all costs and expenses for the maintenance of all transmitter equipment, as determined by Owner in its sole discretion. Whenever on the Station’s premises, all personnel shall be subject to the supervision and the direction of Owner’s General Manager and/or the Station’s Chief Operator. Except as set forth in the foregoing sentences of this Section 9, Broker shall be responsible for all other expenses involved in the operation of the Station including, without limitation, (i) all operating expenses of the Station (including telephone expenses and expenses related to sales, marketing, promotion, advertising, billing and collections and traffic), (ii) all costs and expenses for maintenance of studio equipment, (iii) the employment and salaries, taxes, insurance and related costs for all personnel used in the production of its programming, including salespeople, traffic personnel (except that Owner will provide, subject to reimbursement from Broker, personnel to handle traffic during the first two weeks following the Effective Date in accordance with Section 1), board operators and programming staff and (iv) all copyright fees attributable to Broker’s programming broadcast on the Station, including, without limitation, all ASCAP, BMI and SESAC fees, and fees for any other necessary music performance rights, as determined in the sole discretion of Owner.
Division of Expenses. 7 7.3. Division of Proceeds............................................8 7.4. Property Tax Prorations.........................................8 7.5. Adjustments.....................................................8
Division of Expenses. Subject to Section 9 hereof, all costs, expenses incurred and other expenditures incurred in connection with the Properties and attributable to the period ending prior to January 1, 1998 shall be borne by the Company. Subject to Section 9 hereof, all costs, expenses and other expenditures incurred in connection with the Properties and attributable to the period beginning on January 1, 1998 other than costs and expenses not assumed by Flextrend under Section 6 shall be borne by Flextrend.
Division of Expenses. AA 36 Term........................................... BB 37 Interpretation................................. CC 37 SCHEDULE "C"-Accounting Procedure....................... 38 THIS AGREEMENT made as of this Twenty-eighth day of May, A. D. 1959.
Division of Expenses. For purposes of determining the amount of the adjustments to the Purchase Price provided for in Section 2.04, the principles set forth in this Section 2.11 shall apply except as expressly provided otherwise in this Agreement. As between Buyer and Sellers, (i) all Property Expenses attributable to periods prior to the Closing Date, other than Assumed Liabilities, shall be borne by Sellers and (ii) (A) all Property Expenses attributable to periods from and after the Closing Date and (B) all other Property Expenses assumed by Buyer as Assumed Liabilities shall be borne by Buyer.
Division of Expenses. Owner will provide and be responsible for (i) the Station personnel necessary for maintenance and operation of the Station’s transmission facilities (including without limitation a Chief Operator), and will be responsible for the salaries, taxes, insurance and related costs for all Station personnel used in the maintenance and operation of the Station’s transmission facilities and main studio, (ii) all real and personal property taxes, mortgage fees and expenses and other real property costs (including insurance), (iii) all transmitter site leases and any lease payments related to the Station’s studios, (iv) any utilities, and (v) all costs and expenses for the maintenance of all transmitter equipment. Whenever on the Station’s premises, all personnel shall be subject to the supervision and the direction of Owner’s General Manager and/or the Station’s Chief Operator. Except as set forth in the foregoing sentences of this Section 9, Broker shall be responsible for all other expenses involved in the operation of the Station including, without limitation, (i) all operating expenses of the Station (including telephone expenses and expenses related to sales, marketing, promotion, advertising, billing and collections and traffic), (ii) all costs and expenses for maintenance of studio equipment to the extent used by Broker to provide programming hereunder, (iii) the employment and salaries, taxes, insurance and related costs for all personnel used in the production of its programming, including salespeople, traffic personnel board operators and programming staff and (iv) all copyright fees attributable to Broker’s programming broadcast on the Station, including, without limitation, all ASCAP, BMI and SESAC fees, and fees for any other necessary music performance rights, as determined in the sole discretion of Owner. At Broker’s request, Owner shall file new agreements with the music licensing organizations in order to reflect the change in the Station’s format.
