Exchange of Property. (a) In accordance with the terms of this Agreement, the QI agrees to transfer Relinquished Property to a Buyer, pursuant to the terms of Section 2.02 hereof, and to subsequently acquire Replacement Property of a like-kind from a Seller pursuant to the terms of Section 2.03 hereof in transactions intended to qualify as exchanges under Section 1031 of the Code.
Exchange of Property in the event that you purchase a property and this results in that person or company buying your house in part exchange we are regarded as having been instrumental in effecting the introduction and are therefore entitled to our normal sales commission. 2. All Buyers deposit cheques will be made payable to Network Auctions Limited. 3. We reserve the right to refuse to sell at auction any property where the reserve price unrealistically exceeds that of the guide price.
Exchange of Property. On or before February 1, 2013, as mutually agreed upon by the Parties (the “Exchange Date”):
Exchange of Property. (a) In accordance with the terms of this Agreement and subject to the terms and provisions of Section 2.08, the QI agrees to effect each Exchange hereunder for the benefit of the Exchangor by (a) acquiring one or more Relinquished Properties from the Exchangor, (b) transferring such Relinquished Property(ies) to one or more Buyers pursuant to the method described in Section 2.03, (c) acquiring one or more Replacement Properties from one or more Sellers, and (d) transferring such Replacement Property(ies) to the Exchangor pursuant to the method described in Section 2.04. The Exchangor shall be solely responsible for determining the scope of each separate and distinct Exchange hereunder by matching one or more Relinquished Properties with one or more Replacement Properties.
Exchange of Property. Billings Clinic and City agree to simultaneously exchange their respective exchange Properties, together with all appurtenances, improvements and fixtures, in accordance with the terms and provisions of this Exchange Agreement.
Exchange of Property. The Secretary of the Interior is authorized to convey on behalf of the United States a certain tract of land, or any interest therein, being a portion of Independence National Historical Park project B, embracing fifteen thousand six hundred and fifty square feet, more or less, and situate on the northeast corner of South Fifth Street and Xxxxxxxx Court (formerly Xxxxxxx Street), city of Philadelphia, Pennsylvania, to- gether with the improvements thereon, to the Redevelopment Authority of the City of Phila- xxxxxxx in exchange for property, or interest therein, owned by the authority of approxi- mately equal value and which the Secretary deems necessary for use in connection with the Independence National Historical Park. Prop- erty conveyed by the Secretary pursuant to this section shall thereupon cease to be a part of the park, and the property acquired in exchange therefor shall thereafter be a part of the park, subject to all the laws and regulations applica- ble to the park. (Pub. L. 88–604, Sept. 18, 1964, 78 Stat. 958.)
Exchange of Property. Owner and the Town agree that there shall be a property exchange between the Town and Owner for property or property rights required by the other as follows: (i) the Town agrees to abandon to Owner a seven (7)-foot strip of public right-of-way on the west side of 56th Street and the twenty-five (25) foot roadway easement on the east side of 56th Street (both as described on Exhibit H); and (ii) Owner agrees to grant to the Town and the Town agrees to accept from Owner a portion of its Property for use as public right- of-way in 56th Street (and which shall be part of the 56th Street Improvements) from Lincoln Drive to primary access curb cuts to Development Areas B, C, and E as chosen by Owner (as generally depicted on Exhibit H); and (iii) an open space covenant for Development Area D, as described in the 2013 SUP. The Parties agree that this exchange is a fair and equitable exchange and that no further monetary compensation shall be required by either Party. Prior to the recordation of any final plat or map, the Town will process and approve abandonment applications with respect to the seven (7)-foot right-of-way and a twenty-five (25)-foot easement described in (i). Any preliminary or final plat/map shall be approved reflecting the abandonments referenced in (i).
Exchange of Property in the event that you purchase a property, and this results in that person or company buying your house in part exchange we are regarded as having been instrumental in effecting the introduction and are therefore entitled to our normal sales commission.
Exchange of Property. Subject to the prior satisfaction of the “Conditions Precedent” set forth in Section 3 hereof, the Authority shall convey to the City the Xxxxxxxx Property, subject to the Leases (the “Xxxxxxxx Conveyance”) and, following identification of the Low and Moderate Income Housing Site, the City shall convey to the Authority the Low and Moderate Income Housing Site (the “Low and Moderate Income Housing Site Conveyance”).
Exchange of Property. The Owner, prior to preliminary plat application submittal, shall cause to happen, the exchange of 6 22 +/- of the 29 acres described in Exhibit “A” for the City’s 14+/- acres described in Exhibit “B”. In a form satisfactory to the City, said exchange shall be accomplished via an Agreement for the Exchange of Real Property which may be executed by the City Manager.
