Closing Costs Sample Clauses

Closing Costs. The costs attributed to the Closing of the Property shall be the responsibility of ☐ Buyer ☐ Seller ☐ Both Parties. The fees and costs related to the Closing shall include but not be limited to a title search (including the abstract and any owner’s title policy), preparation of the deed, transfer taxes, recording fees, and any other costs by the title company that is in standard procedure with conducting the sale of a property.
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Closing Costs. Closing Cost shall be paid as follows
Closing Costs. Seller will pay one-half of escrow fees, the cost of the title commitment and any brokerage commissions payable. The Buyer will pay the cost of issuing a Standard Owners Title Insurance Policy in the full amount of the purchase price, if Buyer shall decide to purchase the same. Buyer will pay all recording fees, one-half of the escrow fees, and the cost of an update to the Survey in Sellers possession (if an update is required by Buyer.) Each party will pay its own attorney's fees and costs to document and close this transaction.
Closing Costs. In connection with the Closing, Buyers shall bear the costs, fees and expenses required to be incurred in connection with, or arising as a result of, (a) obtaining any Franchisor Consent (including any franchise license fees or PIPs) or any Manager Consent, (b) any endorsements to any title policies and any lender’s policies with respect to the Real Property (whether for owner’s, leasehold or lender’s policies and including, in each case, extended coverage), (c) any survey costs, environmental report costs or any other costs related to Buyers’ diligence of or access to the Real Properties, (d) the termination of any Terminating Management Agreement (including any termination fees thereunder) or (e) Buyer’s election to obtain co-insurance provided by a Co-Insurer on any Title Policy pursuant to Section 2.10(e), which costs are in excess of the cost of the premium on such Title Policy if the Deposit Escrow Agent had provided such Title Policy without such co-insurance. Parent shall bear the costs, fees and expenses required to be incurred in connection with the termination of any TRS Lease. All transfer, stamp, excise and similar Taxes (except for any such Taxes to be borne by Buyer pursuant to Section 2.12) and all recording fees and charges incident to the sale of the Hotel Assets (including any such Taxes determined to be payable after the Closing in connection with a post-Closing audit by any Governmental Authority), in addition to any premiums for owner’s or leasehold title policies (other than costs, fees and expenses related to endorsements thereto, which are addressed in clause (b) of the first sentence of this Section 2.8), shall be borne equally by the Parties. The costs, fees and expenses required to be incurred in connection with the engagement of the Deposit Escrow Agent or the Hospitality Accountant shall be borne equally by the Parties. All other costs incurred at the Closing shall be borne by the Parties in accordance with local custom.
Closing Costs. The costs attributed to the Closing of the Property shall be the responsibility of: (check one) ☐ - Tenant - Landlord - Both Parties The fees and costs related to the Closing shall include, but not be limited to, a title search (including the abstract and any owner’s title policy), preparation of the deed, transfer taxes, recording fees, and any other costs by the title company that is in standard procedure with conducting the sale of a property. The Tenant and Landlord agree that before the recording can take place, funds provided shall be in one (1) of the following forms: cash, interbank electronic transfer, money order, certified check or cashier’s check drawn on a financial institution located in the State, or any above combination that permits the Landlord to convert the deposit to cash no later than the next business day.
Closing Costs. Closing costs shall be allocated between Seller and Purchaser in accordance with Section 1.2.
Closing Costs. The following costs and expenses shall be paid as follows in connection with the closing:
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Closing Costs. Buyer and Seller must pay, in Good Funds, their respective closing costs and all other items required to be paid at Closing, except as otherwise provided herein.
Closing Costs. Buyer and Seller shall share equally in the following closing costs of the transaction: escrow agent’s fees, recording fees, and any other costs of the title company that are customarily shared by a buyer and seller in the jurisdiction in which the Property is located. Buyer shall be responsible for the cost of the owner’s policy of title insurance and the cost of any loan policy in favor of Buyer’s lender.
Closing Costs. At the Closing, Seller and Purchaser shall respectively pay the following costs and expenses:
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