Common use of Costs of Conveyance for Voluntary Transfer Clause in Contracts

Costs of Conveyance for Voluntary Transfer. In the event that the Manger and/or the Members elect to purchase as provided via this Article, the cost of such transaction, including without limitation, recording fees, escrow fees, if any, and other fees (excluding attorneys fees which shall be the sole expense of the party who retained them) shall be divided 50/50 between the Selling Member and the Purchasing Member. The Purchasing Members shall each contribute their respective share of the transaction costs in proportion with their share of the purchased Interest. The Selling Member shall deliver all appropriate documents of transfer for approval by the Manager, at least three (3) days prior to the closing of such sale for its review and approval. From and after the date of such closing, whether the sale is made to the Members, the Manager, or to the third party, the Selling Member shall have no further Interest in the Assets or income of the Company and, as a condition of the sale, the Person(s) or entities purchasing the Interests shall indemnify and hold harmless the Selling Member from and against any claim, demand, loss, liability, damage or expense, including without limitation, attorneys fees arising from the subsequent operation of the Company.

Costs of Conveyance for Voluntary Transfer. In the event that the Manger Manager and/or the Members elect to purchase as provided via this Article, the cost of such transaction, including without limitation, recording fees, escrow fees, if any, and other fees fees, (excluding attorneys attorneys’ fees which shall be the sole expense of the party who retained them) shall be divided 50/50 between the Selling Member and the Purchasing MemberMembers. The Purchasing Members shall each contribute their respective share of the transaction costs in proportion with their share of the purchased Interest. The Selling Member shall deliver all appropriate documents of transfer for approval by the Manager, at least three (3) days prior to the closing of such sale for its review and approval. Tulsa Real Estate Fund, LLC 27 Company Agreement From and after the date of such closing, whether the sale is made to the Members, the Manager, or to the third party, the Selling Member shall have no further Interest in the Assets or income of the Company and, as a condition of the sale, the Person(s) or entities purchasing the Interests shall indemnify and hold harmless the Selling Member from and against any claim, demand, loss, liability, damage or expense, including without limitation, attorneys attorney’s fees arising from the subsequent operation of the Company.

Costs of Conveyance for Voluntary Transfer. In the event that the Manger Manager and/or the Members elect to purchase as provided via this Article, the cost of such transaction, including without limitation, recording fees, escrow fees, if any, and other fees fees, (excluding attorneys attorneys’ fees which shall be the sole expense of the party who retained them) shall be divided 50/50 between the Selling Member and the Purchasing MemberMembers. The Purchasing Members shall each contribute their respective share of the transaction costs in proportion with their share of the purchased Interest. The Selling Member shall deliver all appropriate documents of transfer for approval by the Manager, at least three (3) days prior to the closing of such sale for its review and approval. Paradyme Equities, LLC 27 Company Agreement From and after the date of such closing, whether the sale is made to the Members, the Manager, or to the third party, the Selling Member shall have no further Interest in the Assets or income of the Company and, as a condition of the sale, the Person(s) or entities purchasing the Interests shall indemnify and hold harmless the Selling Member from and against any claim, demand, loss, liability, damage or expense, including without limitation, attorneys attorney’s fees arising from the subsequent operation of the Company.

Costs of Conveyance for Voluntary Transfer. In the event that the Manger Manager and/or the Members elect to purchase as provided via this Article, the cost of such transaction, including without limitation, recording fees, escrow fees, if any, and other fees fees, (excluding attorneys attorneys’ fees which shall be the sole expense of the party who retained them) shall be divided 50/50 between the Selling Member and the Purchasing MemberMembers. The Purchasing Members shall each contribute their respective share of the transaction costs in proportion with their share of the purchased Interest. The Selling Member shall deliver all appropriate documents of transfer for approval by the Manager, at least three (3) days prior to the closing of such sale for its review and approval. From and after the date of such closing, whether the sale is made to the Members, the Manager, or to the third third-party, the Selling Member shall have no further Interest in the Assets or income of the Company and, as a condition of the sale, the Person(s) or entities purchasing the Interests shall indemnify and hold harmless the Selling Member from and against any claim, demand, loss, liability, damage or expense, including without limitation, attorneys attorney’s fees arising from the subsequent operation of the Company.

Costs of Conveyance for Voluntary Transfer. In the event that the Manger Manager and/or the Members elect to purchase as provided via this Article, the cost of such transaction, including without limitation, recording fees, escrow fees, if any, and other fees fees, (excluding attorneys attorneys’ fees which shall be the sole expense of the party who retained them) shall be divided 50/50 between the Selling Member and the Purchasing MemberMembers. The Purchasing Members shall each contribute their respective share of the transaction costs in proportion with their share of the purchased Interest. The Selling Member shall deliver all appropriate documents of transfer for approval by the Manager, at least three (3) days prior to the closing of such sale for its review and approval. From and after the date of such closing, whether the sale is made to the Members, the Manager, or to the third party, the Selling Member shall have no further Interest in the Assets or income of the Company and, as a condition of the sale, the Person(s) or entities purchasing the Interests shall indemnify and hold harmless the Selling Member from and against any claim, demand, loss, liability, damage or expense, including without limitation, attorneys attorney’s fees arising from the subsequent operation of the Company.

Costs of Conveyance for Voluntary Transfer. In the event that the Manger Manager and/or the Members elect to purchase as provided via this Article, the cost of such transaction, including without limitation, recording fees, escrow fees, if any, and other fees fees, (excluding attorneys attorneys’ fees which shall be the sole expense of the party who retained them) shall be divided 50/50 between the Selling Member and the Purchasing MemberMembers. The Purchasing Members shall each contribute their respective share of the transaction costs in proportion with their share of the purchased Interest. The Selling Member shall deliver all appropriate documents of transfer for approval by the Manager, at least three (3) days prior to the closing of such sale for its review and approval. From and after the date of such closing, whether the sale is made to the Members, the Manager, or to the third party, the Selling Member shall have no further Interest in the Assets or income of the Company and, as a condition of the sale, the Person(s) or entities purchasing the Interests shall indemnify and hold harmless the Selling Member from and against any claim, demand, loss, liability, damage or expense, including without limitation, attorneys attorney’s fees arising from the subsequent operation of the Company.. Paradyme Equities, LLC Company Agreement