Exchangor definition

Exchangor means Hertz, HVF and HGI, collectively, which are treated as a single taxpayer for purposes of the Code and the Treasury Regulations.

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Exchangor. As set forth in Section 12.15 hereof.

Exchangor shall have the meaning set forth in the preamble hereto.

Examples of Exchangor in a sentence

In addition, all interest or other income earned under this Escrow Agreement shall be allocated to Exchangor for federal income tax purposes, and paid only as directed by the applicable Legal Entity and the QI pursuant to the terms and conditions of this Escrow Agreement, as supplemented by the terms of the Master Exchange Agreement, and reported by Exchangor to the IRS or any other taxing authority.
The Exchangor further acknowledges that the Exchange is at the request and initiation of the Exchangor, and the Non-Exchangor in no manner, expressly or implicitly, participated in or offered tax advice or planning to or for the benefit of the Exchangor.
The Exchange will be structured by the Exchangor at its sole cost and expense such that the Non-Exchangor will have no obligation to acquire or enter into the chain of title to any property other than the Property.
The Exchangor is relying solely upon the advice and counsel of professionals of the Exchangor’s choice in structuring, executing and consummating the Exchange.
Exchangor shall match Replacement Property with Relinquished Property for each Exchange on its books and records in accordance with Section 1.1031(a)-2 of the Treasury Regulations and the Safe Harbor set forth in Sections 4.01 and 4.02 of Revenue Procedure 2003-39.

More Definitions of Exchangor

Exchangor means DIRECTV (and not News) and (ii) for purposes of the representations and warranties made by Exchangor in Article 5 as of the date hereof (but not for purposes of the representations and warranties made by Exchangor in Article 5 as of any other date, including the Exchange Closing Date, and not for purposes of any bringdown of representations contemplated pursuant to Section 7.4.2, all of which shall apply only to the then current Exchangor pursuant to clause (i) above), Exchangor shall mean each of News and DIRECTV.

Exchangor means Fleet, as exchangor under the Exchange Agreement.

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Exchangor has the meaning set forth in Section 9.22.

Exchangor means (i) News, provided that if News and its Controlled Affiliates shall have transferred the entire aggregate interest in the Company held by them to DIRECTV (or any Controlled Affiliate thereof) in compliance with Section 4.1 of the Participation Agreement, “Exchangor” shall mean DIRECTV (and not News) and (ii) for purposes of the representations and warranties made by Exchangor in Article 5 as of the date hereof (but not for purposes of the representations and warranties made by Exchangor in Article 5 as of any other date, including the Exchange Closing Date, and not for purposes of any bringdown of representations contemplated pursuant to Section 7.4.2, all of which shall apply only to the then current Exchangor pursuant to clause (i) above), Exchangor shall mean each of News and DIRECTV.

Exchangor means the person who is the owner of the Relinquished Property which is being exchanged for the Replacement Property.

Exchangor shall have the meaning set forth in Section 17.22.