Allocation of Closing Costs. Closing costs shall be allocated as set forth below:
Allocation of Closing Costs. Closing costs shall be allocated between Buyer and Seller as follows:
Allocation of Closing Costs. All expenses incurred by the Buyer or the Shareholders in connection with the transactions contemplated hereby, including legal, financial advisory, accounting, and other expert fees, shall be the responsibility of and for the account of the party who ordered the particular service or incurred the particular expense.
Allocation of Closing Costs. Closing costs in regard to the transactions contemplated by this Agreement shall be paid by Purchaser as follows:
Allocation of Closing Costs. Except as specifically provided in Section 2.03, or elsewhere in this Agreement, each party shall be responsible for and bear all of its own transactional costs and charges relating to the purchase and sale contemplated herein.
Allocation of Closing Costs. Exhibits
Allocation of Closing Costs. Seller shall procure the requisite title evidence from Heritage Union Title Co., Ltd. The Cost of the Evidence of title which seller is required to provide hereunder as well as the cost of the simultaneous issue that Buyer is to provide shall be allocated as follows: Title Search Buyer Expense Seller Expense Share Equally Title Insurance Premium Buyer Expense Seller Expense Share Equally Policy Commitment Buyer Expense Seller Expense Share Equally Escrow Fee Buyer Expense Seller Expense Share Equally Recording Fees Buyer Expense Seller Expense Share Equally Conveyance Fee Buyer Expense Seller Expense Share Equally Deed Preparation Buyer Expense Seller Expense Share Equally Buyer shall, at Buyer's sole expense, provide any additional documents which Buyer's lender may require relating to title, including without limitation, the preparation of a location survey, environmental protection endorsements, variable rate endorsements or any other endorsements that Buyer's lender may require. Seller shall satisfy any applicable Internal Revenue Service regulations relating to the sale contemplated hereby. Seller and Buyer shall execute at closing any and all written instruments relating to non-record title matters in accordance with local custom.
Allocation of Closing Costs. In connection with the Closing, Buyer shall pay all state, county and municipal transaction/transfer taxes, if any, all of the title insurance premium for an ALTA title policy (and for any additional endorsements requested by Buyer) if requested by Xxxxx, all of the fees due to Escrowee, all of the Natural Hazard Disclosure Report, and all of the recording fees for the Deed. Seller shall pay any unpaid Definite Lien(s) which Seller has elected to remove pursuant to Section 5.1, and preparation and recording fees for documents required to clear Seller’s title to the Real Estate, if any. Buyer shall pay any additional cost for an ALTA title policy (if requested by Buyer), any inspections of the Real Estate, the cost of the Survey (if any), the cost of an updated Phase I or new Phase I (if any), the cost of a new Phase II (if any), and the recording costs for any loan that Buyer may require which secures the Loan, should Buyer require financing to fund the purchase price. Any other closing costs not referenced in this paragraph shall be allocated by the Escrowee based on local custom. Should any of the Parties desire to obtain counsel to review this agreement, each shall pay their respective attorneys fees.
Allocation of Closing Costs. Seller shall pay the cost of a standard CLTA owner’s policy of title insurance (the “Title Policy”), and half of any closing costs, including escrow fees, but excluding recording fees. Seller shall have no other obligation to pay any other fees, closing costs, taxes, or assessments, except as otherwise enumerated herein. Buyer shall pay all other closing costs, escrow fees, taxes, assessments, or the costs of any upgraded title policy or endorsements.
Allocation of Closing Costs. Buyer shall pay all charges and fees specified herein to be paid by Buyer, plus attorney’s fees incurred by Buyer in connection with the transaction, the cost of any survey(s), the costs of any inspections, the title insurance premium, including all charges for special endorsements or exclusions from the Title Policy issued to Buyer (other than those monetary encumbrances which Seller is required to satisfy prior to Closing pursuant to this Agreement), any fees or charges incurred as a result of recording any documents pertaining to the transaction (other than discharges of mortgages and termination statements). Seller shall pay all charges and fees specified herein to be paid by Seller, all realty transfer fees, the costs of any discharges of mortgages and termination statements, plus attorney’s fees incurred by Seller.
