Examples of Relevant Property in a sentence
The Vendor makes no representation, warranty or guarantee that the CPS will be provided within the same Phase at which the Relevant Property is situated.
Therefore, for example, Relevant Property acquired during the Plan Period by a corporation that is a transferor (as to a later F reorganization) is treated as having been acquired directly (and from the same source) by the transferee (as to the later F reorganization) during the Plan Period.
The Relevant Property Requirement is satisfied because, immediately before the Distribution and as part of a Plan, C holds P Relevant Property (Asset 1) the gain on which was not recognized in full at any point during the Plan Period, and some of the C stock distributed in the Distribution was acquired by D in exchange for Asset 1.
Provided that the Purchaser continues to renew the monthly Licence each and every time when the Licence expires (i.e., without any interruption or suspension of renewal), the Purchaser shall have the right to such continuous renewal of the Licence for a period of ten (10) years from the date of completion of the sale and purchase of the Relevant Property.
The Division of Relevant Property Requirement is satisfied because immediately after the Distribution, D continues to hold Relevant Property of P, and therefore, as part of a Plan, P’s Relevant Property has been divided between C and D.