1031 Transactions definition

1031 Transactions shall have the meaning set forth in Section 1.3(e)(iii).
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Examples of 1031 Transactions in a sentence

  • Buyer shall use commercially reasonable DB03/0502991.0020/10136186.1 WP01 efforts to assist the applicable Seller in the consummation of the 1031 Transactions during the six months after Closing.

  • Amounts in the Capital Expenditure/1031 Reserve shall be disbursed solely for the purpose of (a) completing Section 1031 Transactions, (b) paying for capital expenditures which Borrower has already budgeted or which are necessary to maintain the quality of the Projects ("Required Cap Ex") or (c) repairs to the extent reasonably necessary to maintain the Projects in a first class manner ("Necessary Repairs").

  • Buyer will consider in good faith any amendments to the 1031 Leases requested by Seller in connection with the 1031 Transactions, but shall not be required to agree to any amendments.