Disposition Costs definition
Examples of Disposition Costs in a sentence
Each party shall be responsible for its own Transaction Costs, with the exception of the Disposition Costs set forth in Section 2.1.
Disposition Costs shall include reasonable costs for the preparation of legal documents, surveys, marketing, financial services, transfer taxes, if applicable, and other costs involved with the transfer of the Property, as defined by federal regulations.
Prior to the Close of Escrow, Developer shall deposit or cause to be deposited with Escrow Holder, by a certified or bank cashier’s check made payable to Escrow Holder or by a confirmed federal wire transfer of funds, the balance of the Purchase Price, plus the Disposition Costs, plus an amount equal to all other costs, expense and prorations payable by Developer hereunder.
Further, beginning on the date which is two years after the Closing Date, the Buyer shall be solely responsible for any further Disposition Costs thereafter incurred in connection with the Excluded Properties.
Disposition Proceeds shall be defined as the Transfer Price less Disposition Costs.
However, any such consideration that is received by the Thermo Parties and is thereafter reduced to cash after completion of the sale of all of the Excluded Product Lines shall be added to the Sale Price, and the Sale Price Shortfall, Sale Price Excess and Seller's Disposition Costs shall be recalculated accordingly.
Seller shall provide to the Thermo Parties a reasonably detailed description of the Seller's Disposition Costs within 30 business days after completion of the sale of all of the Excluded Product Lines.
With regard to Product located in Buyer stores in Alaska, Hawaii, and/or Puerto Rico, in addition to the Disposition Costs set forth above, at Seller’s option, Buyer will either destroy, at Seller’s expense, all Product at the store level or ▇▇▇▇ Seller for all shipping charges associated with sending Product to the Reclamation Center.
The Trinity Class A Member shall instruct the Trinity Custodian to make all payments to be made on behalf of Trinity, including all payments in respect of Preferred Payments, Additional Financing Costs, Transaction Costs, Disposition Costs and other Trinity Expenses in accordance with the Trinity Custody Agreement.