Owner's Fee definition

Owner's Fee means an annual fee payable by Systems to the Owners of $1,500,000 commencing January 1, 1997.
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Owner's Fee means an annual fee payable by Manager to Owner of $475,000 (prorated for any partial year) on February 28 of each year during the term of this Agreement, commencing February 28, 1998.
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Owner's Fee has the meaning specified in Subsection 3.1 c.;
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Examples of Owner's Fee in a sentence

  • In addition, Landlord shall at its sole cost and expense, deliver to Tenant as of the date of transfer of title an ALTA Owner's Fee Policy of Title Insurance (the "Title Policy") in the amount of the purchase price and issued by a title company specified by Tenant (the "Title Company") insuring fee simple indefeasible and marketable title to be vested in Tenant subject only to the matters set forth in items (i) through (iii) of this subparagraph (b).

  • The expenses of closing described in this Article shall be paid in the following manner: The full cost of securing an Owners Fee Policy of Title Insurance described in Paragraph 4.02 of this Agreement shall be paid equally by Seller and Buyer.

  • Seller shall furnish an Owner's Fee Policy of Title 38 Insurance in the amount of the purchase price.

  • Seller shall also provide an Owners' Fee Policy of Title Insurance, for the value of the property in the amount of the purchase price, showing marketable title as aforesaid.

  • SELLER shall furnish ___________________________ Venture Land Title - TPG - Escrow 67 an Owner's Fee Policy of Title Insurance from (title co.) in the amount of 68 the purchase price with cost of the insuring premium split equally between SELLER and BUYER.

  • The Marina management reserves the right to rent all boat slips when so vacant without set off against or credit to Boat Owner's Fee obligations under his or her Registration/Boat Dockage Agreement.

  • Seller shall pay the following costs through escrow: (a) Real Estate Transfer Tax, (b) title exam and one-half the cost of insurance premiums for Owners Fee Policy of Title Insurance, (c) prorations due Buyer, (d) one-half the escrow fee and (e) any amount required to discharge any mortgage, lien, or encumbrance not assumed by Buyers.

  • The Marina reserves the right to use any boat slips during the temporary absence of a boat without setoff against or credit to Boat Owner's Fee obligations under his or her Registration/Boat Dockage Agreement.

  • At closing, Seller shall provide to the Purchase an Owner's Fee Policy in the amount of the purchase price insuring the title in the Purchaser, free and clear of all liens and encumbrances whatsoever except those liens and encumbrances excepted in the warranty deed as permitted hereunder.

  • Seller shall furnish an Owner's Fee Policy of Title 50 Insurance in the amount of the purchase price.


More Definitions of Owner's Fee

Owner's Fee has the meaning specified in Subsection 3.1 q. "Principal Payments" means the amounts payable to Owner pursuant to subsections 3.1 b.i. and 3.
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Owner's Fee means the amount paid to Owner from Gross Revenue as set forth in Section 3.1.
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