Closing Costs and Prepaid Expenses Sample Clauses

Closing Costs and Prepaid Expenses. PURCHASER shall pay for all closing costs (except as specifically set forth herein) and all prepaid expenses, including, but not limited to: closing attorney's fees, VA funding fee(s) (if any), interim loan interest (if any), insurance premiums including, but not limited to, hazard, private mortgage insurance, FHA insurance or flood insurance (as applicable) and all escrow deposits, etc. If in the event the purchase of the PROPERTY brings about PURCHASER’S membership in a Homeowner's or Property Owners Association ("HOA”) PURCHASER shall pay any HOA capital contributions, fees, dues or deposits due at the closing. SELLER's closing costs shall be strictly limited to: 1) The cost of deed preparation, 2) grantors tax stamps and 3) payment of construction lender's release fee (if applicable) and
AutoNDA by SimpleDocs
Closing Costs and Prepaid Expenses. PURCHASER shall pay for all closing costs (except as specifically set f herein) and all prepaid expenses, including, but not limited to: closing attorney's fees, VA funding fee(s) (if any), interim interest(if any), insurance premiums including, but not limited to, hazard, private mortgage insurance, FHA insurance or fl insurance (as applicable) and all escrow deposits, etc. In the event that the purchase of the PROPERTY brings ab PURCHASER's membership in a Homeowner's or Property Owner's Association ("HOA") PURCHASER shall pay any H capital contributions, fees, dues or deposits due at the closing. SELLER's closing costs shall be strictly limited to: 1) The of deed preparation, 2) grantor's tax stamps and 3) payment of construction lender's release fee (if applicable) and recording costs for same (if applicable). Items such as home inspection and radon test fees are not considered closing costs and will not be paid SELLER in any event. SELLER DOES NOT AUTHORIZE OR MAKE ANY REPRESENTATION REGARDING PURCHASER'S DECISION LOCK-IN ITS MORTGAGE LOAN RATE. ALL MORTGAGE LOAN RATE LOCKS ARE THE SOLE DECISION AND RESPONSIBILITY OF THE PURCHASER. SELLER's Initials: PURCHASER's Initials: Sign Here PURCHASER HAS THE RIGHT TO SELECT ITS OWN MORTGAGE LENDER OR FINANCIAL INSTITUTION. PURCHASER ACKNOWLEDGES THAT IT IS AWARE OF THIS RIGHT AND HAS CHOSEN APPROVED LENDER: {{Lender_Name}} OR NON-APPROVED LENDER: {{Demo2_Text}} AS ITS MORTGAGE LENDER. IN THE EVENT THAT THE PURCHASER CHANGES FROM AN APPROVED LENDER TO A NON-APPROVED LENDER, SELLER WILL NOT MAKE ANY CONTRIBUTION TO THE CLOSING COSTS EXCEPT AS MAY BE PROVIDED HEREIN. SELLER's contribution to closing costs shall be up to:$ {{Cash_Total}} Lender's contribution to closing costs shall be up to: $

Related to Closing Costs and Prepaid Expenses

  • 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.

  • CONTRACT LIMIT, FEES AND EXPENSES changing the not-to-exceed amount of the Contract from ONE MILLION SEVEN HUNDRED NINTY THOUSAND DOLLARS AND ZERO CENTS ($1,790,000.00) to TWO MILLION ONE HUNDRED THOUSAND DOLLARS AND ZERO CENTS ($2,100,000.00), as approved by the Executive Director on October 22, 2021.

  • Additional Expenses The Underwriter will pay all expenses (e.g., shipping, postage and courier costs) associated with the delivery of the Prospectus to prospective investors and investors, other than the costs of delivery to the Underwriter's facilities, provided, that if courier services (other than overnight delivery services utilized in the ordinary course of business) are required to ensure that the Prospectus is delivered to investors on the day immediately preceding the Closing Date, the Company will pay such courier expenses. If the foregoing is in accordance with your understanding of our agreement, please sign and return to the undersigned a counterpart hereof, whereupon this letter and your acceptance shall represent a binding agreement between the Underwriter and the Company. Very truly yours, PAINEWEBBER INCORPORATED By:____________________________ Name: Title: The foregoing Agreement is hereby confirmed and accepted as of the date hereof. GE CAPITAL MORTGAGE SERVICES, INC. By:____________________________ Name: Title:

  • 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.

  • Reimbursable Costs 5.3.1. To be considered eligible for reimbursement, costs have to be: • actually incurred, individually identifiable and verifiable, as backed by copies of supporting evidence, as the case may be in the Contractor’s official bookkeeping; this means that no lump sums will be eligible for reimbursement; • necessary in order to perform the tasks as specified in the Terms of Reference (Annex 2); and • cost effective and providing value for money

  • First Aid Expenses We will pay expenses for first aid to others in- curred by an "insured" for "bodily injury" covered under this policy. We will not pay for first aid to an "insured".

  • Collection Costs In the event collection efforts are required to obtain payment on this Account, to the extent permitted by law, You agree to pay all court costs, private process server fees, investigation fees or other costs incurred in collection and reasonable attorneys' fees incurred in the course of collecting any amounts owed under this Agreement or in the recovery of any Collateral.

  • ALLOWABLE COSTS AND PAYMENTS A. The method of payment for this contract will be based on actual cost plus a fixed fee. COUNTY will reimburse CONSULTANT for actual costs (including labor costs, employee benefits, travel, equipment rental costs, overhead and other direct costs) incurred by CONSULTANT in performance of the work. CONSULTANT will not be reimbursed for actual costs that exceed the estimated wage rates, employee benefits, travel, equipment rental, overhead, and other estimated costs set forth in the approved CONSULTANT’S COST PROPOSAL as referenced and defined in Exhibit “C”, unless additional reimbursement is provided for by contract amendment. In no event, will CONSULTANT be reimbursed for overhead costs at a rate that exceeds COUNTY’s approved overhead rate set forth in the COST PROPOSAL. In the event, that COUNTY determines that a change to the work from that specified in the COST PROPOSAL and AGREEMENT is required, the AGREEMENT time or actual costs reimbursable by COUNTY shall be adjusted by written agreement or task order to accommodate the changed work. The maximum total cost as specified in Paragraph “H” shall not be exceeded, unless authorized by written agreement.

Time is Money Join Law Insider Premium to draft better contracts faster.