Legal Fees and Land Agent’s Commission Sample Clauses

Legal Fees and Land Agent’s Commission. 2.6.1 Teachers with an entitlement to removal expenses shall be reimbursed for legal fees and land agent’s commission provided that when a teacher sells a house at the former location and buys another at the new location within two years of the date of the new appointment, or sells at the former location and builds and takes occupation of a house at the new location within two years of the date of the new appointment, actual aggregated expenses for legal fees and land agent’s commission combined up to $11,000 maximum shall be paid.
Sample 1Sample 2Sample 3See All (20)
AutoNDA by SimpleDocs
Legal Fees and Land Agent’s Commission. 6.6.1 Where a teacher sells and/or buys land or a residence, they shall be reimbursed for the following expenses provided all transactions (buying, selling, or building and occupying) occur within two years after the date of the transfer: Situation Maximum amount for reimbursement
Sample 1Sample 2Sample 3See All (9)
Legal Fees and Land Agent’s Commission. 10.7.1 A principal with an entitlement to removal expenses shall be reimbursed for legal fees and land agent’s commission provided that when a principal sells a house at the former location and buys another at the new location within two years of the date of the new appointment, or sells at the former location and builds and takes occupation of a house at the new location within two years of the date of the new appointment, actual aggregated expenses for legal fees and land agent’s commission combined up to $11,000 maximum shall be paid.
Sample 1Sample 2Sample 3See All (8)
Legal Fees and Land Agent’s Commission. 10.7.1 A principal with an entitlement to removal expenses shall be reimbursed for legal fees and land agent’s commission provided that when a principal sells a house at the former location and buys another at the new location within two years of the date of the new appointment, or sells at the former location and builds and takes occupation of a house at the new location within two years of the date of the new appointment, actual aggregated expenses for legal fees and land agent’s commission combined up to $11,000 maximum shall be paid. Legal fees The refund of legal fees shall be either: When principal sells a house at the former location within two years of the date of the new appointment, but does not buy another, actual expenses up to $950; or When a principal buys or builds a house at the new location within two years of the date of the new appointment without having sold a house at the former location, provided it is not the first time the principal has owned a house, actual expenses up to $4,000 maximum. Land agent’s commission When a principal sells a house at the former location within two years of the date of the new appointment but does not purchase or build another house at the new location within the two year period, actual expenses up to $6,300. Two year limitation Normally all transactions (selling, buying or building) must be completed within two years of the date of transfer to qualify for a refund of expenses. Sale of home prior to appointment in another position Where a principal anticipates securing a position where full removal expenses are payable, and sells their home before this actually occurs the principal will be eligible for a refund of legal and land agent’s fees. This is subject to a two year limitation period as in clause
Sample 1Sample 2
Legal Fees and Land Agent’s Commission. 6.6.1 Where a teacher sells and/or buys land or a residence, they shall be reimbursed for the following expenses provided all transactions (buying, selling, or building and occupying) occur within two years after the date of the transfer: SITUATION MAXIMUM AMOUNT FOR REIMBURSEMENT Buying a house at the new location; or Building and occupying a house at the new location; and Selling a house at the former location. Legal fees and land agent's commission combined total of - $11,000 Selling a house at the former location; but not buying a house. Legal fees - $950 Land agent’s commission - $6,300 Buying or building and occupying a house at the new location; but not selling a house at the former location. Legal fees - $4000 Selling land and/or a house at location A; and Purchasing land at the new location B with the intention of building; and Transferring again (to location C) before the house is built; and The land at location B is subsequently sold. Legal fees and land agent’s commission combined total of - $3,800 A house or land has not been previously owned at the teacher’s original location A; and Land is bought at a new location B; and The employee transfers again to a new location C before building at location B is complete; and The land at location B is subsequently sold. Legal fees - $500 Land agent’s commission - $2000 Selling land or a house at a former location without the services of a land agent Advertising costs - $630
Sample 1

Related to Legal Fees and Land Agent’s Commission

  • Legal Fees The parties hereto agree that the non-prevailing party in any dispute, claim, action or proceeding between the parties hereto arising out of or relating to the terms and conditions of this Agreement or any provision thereof (a “Dispute”), shall reimburse the prevailing party for reasonable attorney’s fees and expenses incurred by the prevailing party in connection with such Dispute; provided, however, that the Director shall only be required to reimburse the Company for its fees and expenses incurred in connection with a Dispute if the Director’s position in such Dispute was found by the court, arbitrator or other person or entity presiding over such Dispute to be frivolous or advanced not in good faith.

  • Professional Fees Borrower promises to pay Lender’s fees and expenses necessary to finalize the loan documentation, including but not limited to reasonable attorneys fees, UCC searches, filing costs, and other miscellaneous expenses. In addition, Borrower promises to pay any and all reasonable attorneys’ and other professionals’ fees and expenses (including fees and expenses of in-house counsel) incurred by Lender after the Closing Date in connection with or related to: (a) the Loan; (b) the administration, collection, or enforcement of the Loan; (c) the amendment or modification of the Loan Documents; (d) any waiver, consent, release, or termination under the Loan Documents; (e) the protection, preservation, sale, lease, liquidation, or disposition of Collateral or the exercise of remedies with respect to the Collateral; (f) any legal, litigation, administrative, arbitration, or out of court proceeding in connection with or related to Borrower or the Collateral, and any appeal or review thereof; and (g) any bankruptcy, restructuring, reorganization, assignment for the benefit of creditors, workout, foreclosure, or other action related to Borrower, the Collateral, the Loan Documents, including representing Lender in any adversary proceeding or contested matter commenced or continued by or on behalf of Borrower’s estate, and any appeal or review thereof.

Time is Money Join Law Insider Premium to draft better contracts faster.