Escrow Fees and Other Charges Sample Clauses

Escrow Fees and Other Charges. In connection with the Close of Escrow, Optionee shall pay (i) the cost of the Title Policy (as defined in the Property Option Purchase Agreement), (ii) the costs of any endorsements Optionee may elect to obtain, (iii) recording fees payable in connection with the recordation of the Grant Deed, (iv) the documentary transfer taxes, and (v) all of the Escrow Holder’s fees.‌
Sample 1
AutoNDA by SimpleDocs
Escrow Fees and Other Charges. In connection with the Close of Escrow, (a) Optionor shall pay (i) 50% all Escrow Holder’s fees, (ii) recording fees payable in connection with the recordation of the Grant Deed (as hereinafter defined) conveying the Property to Optionee and (iii) the documentary transfer taxes; and (b) Optionee shall pay (i) the cost of the Title Policy (as defined below), (ii) the costs of any endorsements Optionee may elect to obtain and (iii) 50% of all Escrow Holder’s fees.
Sample 1
Escrow Fees and Other Charges. At the Close of Escrow, (a) Seller shall pay: (i) one-half (1/2) of the Escrow Holder’s fees, (ii) the documentary transfer taxes and recording fees, and (iii) the cost of the Title Policy (defined below), including any curative endorsements for title defects that Seller has agreed to obtain pursuant to Paragraph 3.2.3 below (“Curative Endorsements”) but excluding any other endorsements Buyer requests; (b) Buyer shall pay: (i) one-half (1/2) of the Escrow Holder’s fees, and (ii) all endorsements (other than Curative Endorsements) requested by Buyer and the additional costs in excess of the costs of a CLTA portion of the Title Policy in order to obtain an ALTA Title Policy; and (c) all other costs related to the closing of the transaction (excluding all costs required to obtain the Approved Entitlements, and Buyer’s due diligence which shall be at the sole cost and expense of Buyer) shall be paid split equally by the parties.
Sample 1
Escrow Fees and Other Charges. In connection with the Close ----------------------------- of Escrow: (a) Seller shall pay: (i) the cost of a CLTA Policy of Title Insurance (as defined below), (ii) one-half (1/2) of the Escrow Holder's fees, (iii) recording fees payable in connection with the recordation of the grant deed conveying the Property to Buyer (iv) the documentary transfer taxes; and (b) Buyer shall pay (i) one-half (1/2) of the Escrow Holder's fees, and (ii) if elected by Buyer, the increased cost of obtaining an ALTA extended coverage owner's title insurance policy (over and above the CLTA Policy of Title Insurance that Seller is required to pay for) and the costs of any endorsements Buyer may elect to obtain, and (c) all other costs related to the transaction shall be paid by the parties in the manner consistent with common practice in the County.
Sample 1
Escrow Fees and Other Charges. The Buyer shall pay the escrow fee, the premium for issuance of a CLTA owner’s policy of title insurance and all recording costs. Seller and Buyer will equally share (on a 50:50 basis) the cost and expense of all city and county and state (if any) transfer, documentary stamp and like-taxes imposed upon the conveyance of real and personal property taxes in the situs of the Property. If Buyer desires to obtain an ALTA extended coverage policy of title insurance, or if Buyer desires to obtain any title policy endorsements, Buyer shall pay the additional premium for issuance thereof. Seller shall pay all costs that may be associated with payoff of its lender, if any. Buyer shall pay all costs associated with obtaining a new loan, if any; however this transaction is not contingent upon Buyer obtaining any financing of its purchase. Buyer and Seller shall each pay all legal and professional fees and fees of other consultants incurred by either of them, respectively. Any expense associated with ownership or operation of the Property (not including income taxes of Seller) that are not paid by the Tenant shall be prorated between Buyer and Seller at Closing (defined in Section 2.3 immediately below) with Seller being charged and credited with ownership of the Property to the Closing Date and Purchaser being charged and credited with ownership of the Property on and from the Closing Date.
Sample 1
Escrow Fees and Other Charges. In connection with the Close of Escrow, Buyer shall pay (a) the premium cost attributable to the ALTA portion of the "TITLE POLICY" (as defined in Section 3.2), (b) all of Escrow Holder's fees, (c) all County and City transfer taxes and fees and (d) recording fees for the Grant Deed. In connection with the Close of Escrow, Buyer shall also pay (a) the premium cost of the CLTA portion of the Title Policy. All other Escrow and any other closing costs related to the transaction shall be paid by the Buyer to ensure that Seller will receive $7,000,000 net under this Agreement.
Sample 1
Escrow Fees and Other Charges. At the Close of Escrow, (a) Seller shall pay: (i) the cost of the CLTA Policy (defined below), (ii) one-half (1/2) of the Escrow Holder's fees, (iii) the documentary transfer taxes, and (iv) all recording fees (other than fees associated with Buyer's financing or entitlements obtained by Buyer); (b) Buyer shall pay: (i) one-half (1/2) of the Escrow Holder's fees, and (ii) additional premiums associated with any title policy in excess of the CLTA Policy and any endorsements that Buyer requests; and (c) all other costs related to the transaction shall be paid by the parties in the manner consistent with common practice in Tulare County.
Sample 1
AutoNDA by SimpleDocs
Escrow Fees and Other Charges. Developer shall pay any and all costs related to the Closing and Close of Escrow, including, without limitation, (1) the premium cost and any endorsements required, for the Owner’s Title Policy and Leasehold Title Policy (as hereinafter defined), (2) Escrow Holder’s fees, and (3) all City and County transfer taxes and fees (including, without limitation, documentary transfer taxes). City shall not be responsible for payment of any fees, costs or expenses related to the Closing and/or the Close of Escrow.
Sample 1

Related to Escrow Fees and Other Charges

  • Fees and Other Charges (a) The Borrower will pay a fee on all outstanding Letters of Credit at a per annum rate equal to the Applicable Margin then in effect with respect to Eurodollar Loans under the Revolving Facility, shared ratably among the Revolving Lenders and payable quarterly in arrears on each Fee Payment Date after the issuance date. In addition, the Borrower shall pay to the Issuing Lender for its own account a fronting fee of 0.25% per annum on the undrawn and unexpired amount of each Letter of Credit, payable quarterly in arrears on each Fee Payment Date after the issuance date.

  • Formalities Fees And Other Charges 11.1 The Pledgor shall be responsible for all the fees and actual expenditures in relation to this Agreement including but not limited to legal fees, cost of production, stamp tax and any other taxes and charges. If the Pledgee pays the relevant taxes in accordance with the laws, the Pledgor shall fully indemnify such taxes paid by the Pledgee.

  • Taxes and Other Charges Borrower shall pay all Taxes and Other Charges now or hereafter levied or assessed or imposed against the Property or any part thereof prior to the date the same shall become delinquent; provided, however, Bxxxxxxx’s obligation to directly pay Taxes shall be suspended for so long as Borrower complies with the terms and provisions of Section 7.2 hereof. Upon Lxxxxx’s written request therefor from time to time, Borrower shall furnish to Lender receipts for the payment of Taxes and Other Charges prior to the date same shall become delinquent (provided, however, Borrower is not required to furnish such receipts for payment of Taxes in the event that such Taxes have been paid by Lender pursuant to Section 7.2 hereof). Except for any Permitted Encumbrances, Borrower shall not suffer and shall cause to be paid and discharged any Lien or charge whatsoever which may be or become a Lien or charge against the Property, and shall pay for all utility services provided to the Property prior to the date the same shall become delinquent. After prior written notice to Lender, Borrower, at Borrower’s own expense, may contest by appropriate legal proceeding, promptly initiated and conducted in good faith and with due diligence, the amount or validity or application in whole or in part of any Taxes or Other Charges, provided that (i) no Event of Default has occurred and is continuing; (ii) such proceeding shall be conducted in accordance with all applicable statutes, laws and ordinances; (iii) neither the Property nor any part thereof or interest therein will be in danger of being sold, forfeited, terminated, cancelled or lost as a result of such contest; (iv) Borrower shall promptly upon final determination thereof pay the amount of any such Taxes or Other Charges, together with all costs, interest and penalties which may be payable in connection therewith; and (v) Borrower shall furnish such security as may be required in the proceeding, or as may be reasonably requested by Lxxxxx, to insure the payment of any such Taxes or Other Charges, together with all interest and penalties thereon. Lender may pay over any such cash deposit or part thereof held by Lxxxxx to the claimant entitled thereto at any time when, in the judgment of Lender, the entitlement of such claimant is established or the Property (or part thereof or interest therein) shall be in danger of being sold, forfeited, terminated, cancelled or lost or there shall be any danger of the Lien of the Security Instrument being primed by any related Lien.

  • Rent and Other Charges Base Rent, Taxes, Operating Expenses, and any other amounts which Tenant is or becomes obligated to pay Landlord under this Lease or other agreement entered into in connection herewith, are sometimes herein referred to collectively as "Rent," and all remedies applicable to the non-payment of Rent shall be applicable thereto. Rent shall be paid at any office maintained by Landlord or its agent at the Property, or at such other place as Landlord may designate.

  • Fees, Expenses and Other Payments (a) Except as otherwise provided in this Section 7.3, whether or not the Merger is consummated, all costs and expenses incurred in connection with this Agreement and the transactions contemplated hereby (including, without limitation, fees and disbursements of counsel, financial advisors and accountants) shall be borne solely and entirely by the party which has incurred such costs and expenses (with respect to such party, its "Expenses").

  • Payment of Taxes and Other Charges Pay and discharge when due all indebtedness and all taxes, assessments, charges, levies and other liabilities imposed upon the Borrower, its income, profits, property or business, except those which currently are being contested in good faith by appropriate proceedings and for which the Borrower shall have set aside adequate reserves or made other adequate provision with respect thereto acceptable to the Bank in its sole discretion.

  • Commissions and Other Charges (a) The Borrower shall pay to the Administrative Agent, for the account of the Issuing Lender and the L/C Participants, a letter of credit commission with respect to each Letter of Credit in an amount equal to the product of (i) the face amount of such Letter of Credit times (ii) an annual percentage equal to the Applicable Margin with respect to LIBOR Rate Loans in effect on the date of issuance of such Letter of Credit. Such commission shall be payable quarterly in arrears on the last Business Day of each calendar quarter and on the Maturity Date.

  • Taxes and Other Payments 7.1. Unless otherwise specifically provided for in this Agreement, the Company shall not be liable for the payment of taxes or other payments for which the Employee is responsible as result of this Agreement or any other legal provision, and the Employee shall be personally liable for such taxes and other payments.

  • Expenses and Other Payments (a) Except as otherwise provided in this Section 8.3, each party shall pay its own expenses incident to preparing for, entering into and carrying out this Agreement and the consummation of the Transactions, whether or not the Merger shall be consummated.

  • Liability for Taxes and Other Charges If any present or future tax or other governmental charge shall become payable by the Depositary or the Custodian with respect to any Shares, Deposited Securities, Receipts or ADSs, such tax or other governmental charge shall be payable by the Holders and Beneficial Owners to the Depositary and such Holders and Beneficial Owners shall be deemed liable therefor. The Company, the Custodian and/or the Depositary may withhold or deduct from any distributions made in respect of Deposited Securities and may sell for the account of a Holder and/or Beneficial Owner any or all of the Deposited Securities and apply such distributions and sale proceeds in payment of such taxes (including applicable interest and penalties) or charges, with the Holder and the Beneficial Owner remaining fully liable for any deficiency. In addition to any other remedies available to it, the Depositary and the Custodian may refuse the deposit of Shares, and the Depositary may refuse to issue ADSs, to Deliver ADRs, register the transfer, split-up or combination of ADRs and (subject to Section 7.8) the withdrawal of Deposited Securities, until payment in full of such tax, charge, penalty or interest is received. Every Holder and Beneficial Owner agrees to, and shall, indemnify the Depositary, the Company, the Custodian and each and every of their respective officers, directors, employees, agents and Affiliates against, and hold each of them harmless from, any claims with respect to taxes, additions to tax (including applicable interest and penalties thereon) arising out of any refund of taxes, reduced rate of withholding at source or other tax benefit obtained for or by such Holder and/or Beneficial Owner. The obligations of Holders and Beneficial Owners of Receipts under this Section 3.2 shall survive any transfer of Receipts, any surrender of Receipts and withdrawal of Deposited Securities, or the termination of this Deposit Agreement.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!