Exchange Accommodation definition
Examples of Exchange Accommodation in a sentence
The ▇▇▇▇▇▇▇ money payment may be applied to reduce the purchase 22 price at the date of closing, or, in the event of a replacement ▇▇▇▇▇▇▇ money deposit by 23 Buyer, Exchange Accommodation Title Holder or Qualified Intermediary, as those terms 24 are defined in the regulations promulgated pursuant to Section 1031 of the Internal 25 Revenue Code, the Closing Agent may reimburse the ▇▇▇▇▇▇▇ money deposit to the Buyer.
As a like-kind exchange, Seller and Purchaser agree that Purchaser, in lieu of the purchase of the Assets from Seller for the consideration provided herein, shall have the right at any time prior to Closing to assign all or a portion of its rights under this Agreement to a Qualified Intermediary (as that term is defined in Section 1.1031(k)-1(g)(4)(v) of the Treasury Regulations) or an Exchange Accommodation Titleholder (as that term is defined in Rev.
The ▇▇▇▇▇▇▇ money payment may be applied to reduce the 22 purchase price at the date of closing, or, in the event of a replacement ▇▇▇▇▇▇▇ money 23 deposit by Buyer, Exchange Accommodation Title Holder or Qualified Intermediary, as 24 those terms are defined in the regulations promulgated pursuant to Section 1031 of the 25 Internal Revenue Code, the Closing Agent may reimburse the ▇▇▇▇▇▇▇ money deposit to 26 the Buyer.
The ▇▇▇▇▇▇▇ money payment may be applied to reduce the purchase 23 price at the date of closing, or, in the event of a replacement ▇▇▇▇▇▇▇ money deposit by 24 Buyer, Exchange Accommodation Title Holder or Qualified Intermediary, as those terms 25 are defined in the regulations promulgated pursuant to Section 1031 of the Internal 26 Revenue Code, the Closing Agent may reimburse the ▇▇▇▇▇▇▇ money deposit to the Buyer.
The ▇▇▇▇▇▇▇ money payment may be applied to reduce the 23 purchase price at the date of closing, or, in the event of a replacement ▇▇▇▇▇▇▇ money 24 deposit by Buyer, Exchange Accommodation Title Holder or Qualified Intermediary, as 25 those terms are defined in the regulations promulgated pursuant to Section 1031 of the 26 Internal Revenue Code, the Closing Agent may reimburse the ▇▇▇▇▇▇▇ money deposit to 27 the Buyer.
Non-Advising Party agrees to cooperate with Advising Party and the Exchange Accommodation Titleholder with respect to such exchange and agrees to execute all documentation required to effectuate such exchange, at no cost or liability to Non-Advising Party.
In connection with effectuating a non-simultaneous like-kind exchange, each Party reserves the right, at or prior to Closing, to assign its rights under this Agreement to a Qualified Intermediary (as that term is defined in §1.1031(k)-1(g)(4)(v) of the Treasury Regulations) or to a Qualified Exchange Accommodation Titleholder (as that term is defined in Revenue Procedure 2000-37).
Seller and Buyer acknowledge and agree that any assignment of all or any portion of this Agreement to a Qualified Intermediary and/or Exchange Accommodation Titleholder shall not release either party from any of their respective liabilities and obligations to each other under this Agreement.
Each Party consents to the other Party’s assignment of its rights and obligations under this Agreement to its Qualified Intermediary (as that term is defined in Section 1.1031(k)-l(g)(4)(v) of the Treasury Regulations) and/or to its Qualified Exchange Accommodation Titleholder (as that term is defined in Rev.
Buyer reserves the right, at or prior to Closing, to assign its rights or a portion thereof under this Agreement with respect to any or all of the Properties to Buyer’s Qualified Exchange Accommodation Titleholder (as that term is defined in Revenue Procedure 2000-37) (“QEAT”) in connection with effecting a Like-Kind Exchange.