Sale and purchase agreement - Canterbury Earthquake Recovery ...

28.2 Costs:agreed upon for the Property, on the date this Agreement was entered into, if paymentwould have been required in full at the time the first right in the Property was transferred,and on that basis no income or expenditure arises in respect of the sale and purchase ofthe Property under those rules.7(a)(b)Subject to clause 28.2(b), each party will meet its own costs relating to theconsideration, entry into and implementation of this Agreement.On the Settlement date, the Purchaser will pay to the Vendor, in addition to thePurchase price, 50% of the Vendor's actual legal costs (including, withoutlimitation, disbursements) incurred in relation to the consideration, entry intoand implementation of this Agreement up to a maximum Purchaser contributionof $500 (exclusive of GST, if any), provided that such amount has been shownin the Settlement statement and the Vendor's solicitor has also given to thePurchaser's solicitor a tax invoice addressed to the Purchaser for suchcontribution.28.3 Further assurance: Each party shall make all applications, execute all documents anddo or procure all other acts and things reasonably required to implement and to carry outits obligations under, and the intention of, this Agreement.2467861 v2