Examples of Exchanging Party in a sentence
The Exchanging Party agrees to defend, indemnify and hold the Non-Exchanging Party harmless from any and all liability, damage or cost, including, without limitation, reasonable attorney's fees that may result from Non-Exchanging Party's cooperation with the Exchange.
In connection with such exchange, the Exchanging Party will be permitted to assign its interest in this Agreement to one or more affiliates and/or to any exchange accommodator on behalf of such persons.
The Exchanging Party agrees to defend, indemnify and hold the Non-Exchanging Party harmless from any and all liability, damage or cost, including, without limitation, reasonable attorney’s fees that may result from Non-Exchanging Party’s cooperation with the Exchange.
Exchanging Party and shall not be required to take title to the exchange property.
Accordingly, the Exchanging Party may assign the Exchanging Party’s rights with respect to the Property (or any legal lot thereof) to a person or entity for the purpose of consummating a 1031 Exchange (“Intermediary”), provided that such assignment does not delay the Closing for the Property (or applicable legal lot thereof), or otherwise reduce or diminish the Exchanging Party’s liabilities or obligations hereunder.