City’s Closing Costs Sample Clauses

City’s Closing Costs. At Closing, City shall pay: (i) all state, county and local transfer taxes with respect to the Property, including, but not limited to, any real estate excise tax due upon sale of the Property; (ii) the base premium for an ALTA 2006 standard coverage Owner’s Policy of Title Insurance insuring Bosa’s title to the Property in the amount of $21,700,000.00; (iii) one-half (1/2) of any fees charged by Escrow Agent; (iv) recording charges for any instrument necessary to release and discharge any lien created or suffered by City and any other lien and/or title exceptions to be released by City pursuant to this Agreement, together with all other costs associated with releasing or discharging such liens and/or title exceptions; and
Sample 1
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City’s Closing Costs. In connection with the Closing, City shall pay the cost of the Title Policy with standard owner’s coverage, the Lot 7 Surveys and Phase I environmental review costs, one–half of the Closing escrow fees, the cost of recording documents to clear City’s title, transfer or excise taxes if applicable, and City’s attorneys’ fees.
Sample 1
City’s Closing Costs. City shall pay the following Closing costs and expenses: the costs of the title insurance premiums, commitment fees and search fees for the issuance of an ALTA standard owner’s policy for the Property (the “Title Insurance Policy”).
Sample 1

Related to City’s Closing Costs

  • Closing Costs The costs attributed to the Closing of the Property shall be the responsibility of ☐ Buyer ☐ Seller ☐ Both Parties. The fees and costs related to the Closing shall include but not be limited to a title search (including the abstract and any owner’s title policy), preparation of the deed, transfer taxes, recording fees, and any other costs by the title company that is in standard procedure with conducting the sale of a property.

  • Closing Costs and Prorations Taxes and assessments for the current year, if any, shall be prorated between the prior owner of the Personal Property and Buyer as of the date of closing. Seller shall pay one-half (½) of Closing Agent’s closing and escrow fees. Buyer shall pay one-half (½) of Closing Agent’s closing and escrow fees. In addition, Buyer shall pay all other closing costs, including but not limited to: (1) recording fees for the cost of recording the State Deed; (2) the cost for any title insurance purchased at Buyer’s option; (3) lender fees, if any, together with all associated recording fees, if any; and (4) any other cost, fee, or expense which may be reasonably required in order for the transaction to close.

  • CLOSING COSTS AND ADJUSTMENTS All adjustments are made as of settlement date.

  • Post Closing Covenants The Parties agree as follows with respect to the period following the Closing.

  • Pre Closing Covenants The Parties agree as follows with respect to the period between the execution of this Agreement and the Closing.

  • Seller’s Expenses Seller agrees to pay all costs of releasing loans and recording the releases, preparation fees for the Deed. The insured closing fee and the disclosure of sales information form will be split equally between Seller and Buyer.

  • Training Costs All costs and expenses incurred by the Contractor in training as is required under Article 22 of the Contract.

  • Seller’s Closing Deliveries At the Closing, Seller shall deliver or cause to be delivered the following:

  • Operating Costs The Assuming Institution agrees, during its period of use of any Leased Data Management Equipment, to pay to the Receiver or to appropriate third parties at the direction of the Receiver all operating costs with respect thereto and to comply with all relevant terms of any existing Leased Data Management Equipment leases entered into by the Failed Bank, including without limitation the timely payment of all rent, taxes, fees, charges, maintenance, utilities, insurance and assessments.

  • Environmental Considerations A. Company, its officers, agents, servants, employees, invitees, independent contractors, successors, and assigns will not discharge or spill any Hazardous Substance, as defined herein, into any component of the storm drainage system or onto any paved or unpaved area within the boundaries of the Premises. In addition, Company will not discharge or spill any Hazardous Substance into any component of the sanitary sewer system without first neutralizing or treating same as required by applicable anti-pollution laws or ordinances, in a manner satisfactory to Authority and other public bodies, federal, state, or local, having jurisdiction over or responsibility for the prevention of pollution of canals, streams, rivers, and other bodies of water. Company’s discharge, spill or introduction of any Hazardous Substance onto the Premises or into any component of Authority’s sanitary or storm drainage systems will, if not remedied by Company with all due dispatch, at the sole discretion of Authority, be deemed a default and cause for termination of this Agreement by Authority, subject to notice and cure. Such termination will not relieve Company of or from liability for such discharge or spill.

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