Common use of Costs Shared Equally Clause in Contracts

Costs Shared Equally. The Existing Partners and Management LLC on one hand, and Strategic on the other hand, shall each pay fifty percent (50%) of (a) all Escrow Agent fees (if any) charged in connection with this Transaction, (b) all costs, expenses and premiums in connection with the preparation of the Title Commitment and the issuance of the owner’s Title Policy (including all endorsements and reinsurance provided in the Pro Forma Title Policy); (c) costs of the Survey (including any Survey costs incurred by Partnership in anticipation of the Transaction); and (d) sales tax, if any, imposed by virtue of the Transaction.