Seller’s 1031 Exchange. Buyer acknowledges that Seller may engage in a tax deferred exchange ("Seller's Exchange") pursuant to Section 1031 of the Internal Revenue Code of 1986, as amended (the "Code"). Without limiting the provisions of Section 18 hereof, to effect Seller's Exchange, Seller may assign its rights in, and delegate its duties under, this Agreement, as well as transfer the Property, to any exchange accommodator which Seller shall determine. As an accommodation to Seller, Buyer agrees to cooperate with Seller in connection with Seller's Exchange, including the execution of documents therefor, provided the following terms and conditions are satisfied:
Appears in 3 contracts
Samples: Purchase and Sale Agreement (Pacific Office Properties Trust, Inc.), Purchase and Sale Agreement (Pacific Office Properties Trust, Inc.), Purchase and Sale Agreement (Pacific Office Properties Trust, Inc.)
Seller’s 1031 Exchange. Buyer acknowledges that Seller may engage in a tax deferred exchange ("“Seller's ’s Exchange"”) pursuant to Section 1031 of the Internal Revenue Code of 1986, as amended (the "Code"). Without limiting the provisions of Section 18 15.1 hereof, in order to effect Seller's ’s Exchange, Seller may assign its rights in, and delegate its duties under, under this Agreement, as well as transfer the Property, to any exchange accommodator which Seller shall determine. As an accommodation to Seller, Buyer agrees to cooperate with Seller in connection with Seller's ’s Exchange, including the execution of documents therefor, provided the following terms and conditions are satisfied:
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Excel Trust, Inc.), Purchase and Sale Agreement (Excel Trust, Inc.)
Seller’s 1031 Exchange. Buyer acknowledges that Seller may engage in a tax deferred exchange ("“Seller's ’s Exchange"”) pursuant to Section 1031 of the Internal Revenue Code of 1986, as amended (the "Code"). Without limiting the provisions of Section 18 16.1 hereof, in order to effect Seller's ’s Exchange, Seller may assign its rights in, and delegate its duties under, under this Agreement, as well as transfer the Property, to any exchange accommodator which Seller shall determine. As an accommodation to Seller, Buyer agrees to cooperate with Seller in connection with Seller's ’s Exchange, including the execution of documents therefor, provided the following terms and conditions are satisfied:
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Excel Trust, Inc.), Purchase and Sale Agreement (Excel Trust, Inc.)
Seller’s 1031 Exchange. Buyer acknowledges that Seller may engage in a tax deferred exchange ("“Seller's ’s Exchange"”) pursuant to Section 1031 of the Internal Revenue Code of 1986, as amended (the "“Code"”). Without limiting the provisions of Section 18 hereof, to effect Seller's ’s Exchange, Seller may assign its rights in, and delegate its duties under, this Agreement, as well as transfer the Property, to any exchange accommodator which Seller shall determine. As an accommodation to Seller, Buyer agrees to cooperate with Seller in connection with Seller's ’s Exchange, including the execution of documents therefor, provided the following terms and conditions are satisfied:
Appears in 1 contract
Samples: Purchase and Sale Agreement (Pacific Office Properties Trust, Inc.)
Seller’s 1031 Exchange. Buyer acknowledges that any Seller may engage in a tax deferred exchange ("“Seller's ’s Exchange"”) pursuant to Section 1031 of the Internal Revenue Code of 1986, as amended (the "Code"). Without limiting the provisions of Section 18 16.1 hereof, in order to effect Seller's ’s Exchange, any Seller may assign its rights in, and delegate its duties under, under this Agreement, as well as transfer the PropertyProperty owned by such Seller, to any exchange accommodator which Seller shall determine. As an accommodation to such Seller, Buyer agrees to cooperate with such Seller in connection with Seller's ’s Exchange, including the execution of documents therefor, provided the following terms and conditions are satisfied:
Appears in 1 contract
Seller’s 1031 Exchange. Buyer acknowledges that Seller may engage in a tax deferred exchange ("“Seller's ’s Exchange"”) pursuant to Section 1031 of the Internal Revenue Code of 1986, as amended (the "Code"). Without limiting the provisions of Section 18 17.1 hereof, in order to effect Seller's ’s Exchange, Seller may assign its rights in, and delegate its duties under, under this Agreement, as well as transfer the Property, to any exchange accommodator which Seller shall determine. As an accommodation to Seller, Buyer agrees to cooperate with Seller in connection with Seller's ’s Exchange, including the execution of documents therefor, provided the following terms and conditions are satisfied:
Appears in 1 contract
Seller’s 1031 Exchange. Buyer acknowledges that Seller may engage in a tax deferred exchange ("“Seller's ’s Exchange"”) pursuant to Section 1031 of the Internal Revenue Code of 1986, as amended (the "Code"). Without limiting the provisions of Section 18 14.1 hereof, in order to effect Seller's ’s Exchange, Seller may assign its rights in, and delegate its duties under, under this Agreement, as well as transfer the Property, to any exchange accommodator which Seller shall determine. As an accommodation to Seller, Buyer agrees to cooperate with Seller in connection with Seller's ’s Exchange, including the execution of documents therefor, provided the following terms and conditions are satisfied:
Appears in 1 contract
