Closing Expenses. 13.1. All title examination charges, title insurance premium, survey costs, environmental assessment charges, notary fees and other such third party charges relating to the Transactions shall be paid by Acquirer, but if such amounts are customarily paid by a seller in a substantial commercial transaction in the jurisdiction in which the Property is located, the value of the contribution deemed made by Contributor with respect to the Property shall be reduced in the corresponding amount and the number of LP Units issuable to Contributor shall be correspondingly reduced.
Appears in 3 contracts
Samples: Contribution Agreement (American Housing Income Trust, Inc.), Contribution Agreement (American Housing Income Trust, Inc.), Contribution Agreement (American Housing Income Trust, Inc.)
Closing Expenses. 13.114.1. All title examination charges, title insurance premium, survey costs, environmental assessment charges, notary fees and other such third party charges relating to the Transactions shall be paid by Acquirerthe Surviving Corporation, but if such amounts are customarily paid by a seller in a substantial commercial transaction in the jurisdiction in which the Property Project is located, the value of the contribution deemed made by Contributor with respect to the Property Project shall be reduced in the corresponding amount and the number of LP Units issuable to Contributor shall be correspondingly reduced.
Appears in 2 contracts
Samples: Contribution Agreement, Contribution Agreement (Arizona Land Income Corp)
