Costs and Prorations. There shall be prorated between the landlord/Seller and the Tenant/Buyer, as of date of closing, the following items: (a) All real estate taxes and assessments; (b) Interest on encumbrances assumed or taken over by Tenant/Buyer with the Tenant/Buyer having responsibility for such items as follows: Landlord/Seller will pay: Tenant/Buyer will pay:
Costs and Prorations. Pay the costs and apply the prorations in accordance with Articles 9 and 10 below.
Costs and Prorations. The costs of the transaction and the expenses related to the ownership and operation of the Seller's Assets shall be allocated between Seller and Purchaser as follows:
Costs and Prorations. (i) To the extent applicable, all transfer, recording or similar taxes and fees and expenses incurred in connection with redocumentation of the Admiral and Admiral Barge One with the United States Coast Guard shall be borne by Seller, and Seller hereby undertakes to timely remit all such amounts to the applicable authority and to prepare and file all proper returns and reports with respect thereto.
Costs and Prorations. Pay the costs and apply the prorations in -------------------- accordance with Articles 10 and 11 below.
Costs and Prorations. EDA and Developer agree to the following prorations and allocation of costs regarding this Agreement:
Costs and Prorations. Seller shall pay the following Closing costs: the cost to extend, certify, and examine the abstract of title to the Land and Appurtenances, Seller’s attorneys’ fees, the cost to cure any Title Objections, and all transfer taxes (including the documentary stamp tax payable in connection with the recording of the Deed and any other costs of Seller specified elsewhere in this Agreement). Buyer shall pay the following Closing costs: the cost of obtaining the Title Policy, post closing abstracting charges, the cost of the Survey, sales taxes relating to any personal property, Buyer’s attorneys’ fees, the cost to record the Deed, the Closing fee charged by the Title Company, any costs associated with Buyer’s financing of the acquisition of the Property, and any other costs of Buyer specified elsewhere in this Agreement. Any Closing costs not specifically allocated above or elsewhere in this Agreement shall be allocated in accordance with the usual and customary practice in the locality of the Property, provided, if no usual or customary practice exists, such other costs will be borne equally by the parties.
Costs and Prorations. Seller shall pay the costs of preparing the Deed, the Grantor’s tax thereon and any other expenses incurred by Seller. Purchaser shall pay for the title search, title insurance premiums, survey expenses, lender fees, Xxxxxxx’s tax and all other settlement expenses incurred by Purchaser. Real estate taxes, rent, CAM and assessments, as applicable, shall be prorated between Seller and Purchaser as of the date of the Settlement. Each party shall pay its own legal, accounting and other expenses incurred in connection with this Agreement or Settlement.
Costs and Prorations. Sellers shall pay the cost to cancel any mortgage or other lien of record. Buyer shall pay any and all documentary stamp taxes, deed taxes or transfer taxes applicable to this transaction and any and all costs of the Survey, the title examination, the title insurance premiums, testing or inspections of the Real Property and recording costs for the Deed or any other documents to be recorded relating to the transfer of the Real Property. Each party shall pay its own attorney's fees. Sellers shall pay any "roll-back" taxes or similar taxes based upon any change in use of the Real Property, whether such taxes are assessed before or after Closing. Sellers' obligation to pay such taxes, if any, shall survive Closing. All prorations for real estate taxes, utilities and other such costs shall be prorated between Buyer and Sellers as of the Closing Date on the basis of a 365-day year. Buyer and Sellers hereby agree that if any of the aforesaid prorations cannot be calculated accurately on the proration date (or as soon as information sufficient to complete such prorations is available), then the same shall be calculated within thirty (30) days after the information necessary to make such prorations becomes available and either party owing the other party a sum of money based on such subsequent proration(s) shall promptly pay said sum to the other party.
