1031 Exchange Rules Sample Clauses

1031 Exchange Rules. As of the date of Tenant’s Election Notice and the date of Close of Escrow, there shall have been no change in the rules and regulations governing a so-called like kind exchange pursuant to Section 1031 of the Internal Revenue Code of 1986, as amended as of the Effective Date (a “1031 Exchange”), that would materially reduce the legal right of the Landlord to engage in a 1031 Exchange in a manner that would defer payment of federal capital gains taxes on all or substantially all of the proceeds of the sale of the Option Property through a 1031 Exchange.
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Related to 1031 Exchange Rules

  • Compliance with Exchange Rules There is and has been no failure on the part of the Company or, to the knowledge of the Company, any of the Company’s officers or directors, in their capacities as such, to comply with (as and when applicable), and immediately following the Effective Date the Company will be in compliance with, the New York Stock Exchange Listed Company Manual. Further, there is and has been no failure on the part of the Company or, to the knowledge of the Company, any of the Company’s officers or directors, in their capacities as such, to comply with (as and when applicable), and immediately following the Effective Date the Company will be in compliance with, the phase-in requirements and all other applicable provisions of the New York Stock Exchange corporate governance requirements set forth in the New York Stock Exchange Listed Company Manual.

  • California Public Records Act Contractor and County agree and acknowledge that all information and documents related to the award and performance of this Contract are subject to disclosure pursuant to the California Public Records Act, California Government Code Section 6250 et seq.

  • HIPAA Rules “HIPAA Rules” shall mean the Privacy, Security, Breach Notification, and Enforcement Rules at 45 CFR Part 160 and Part 164.

  • Laws, Rules and Regulations Consultant agrees to observe and comply with all laws, ordinances, rules and regulations of the United States of America, the State of Minnesota and the City with respect to their respective agencies which are applicable to its activities under this Agreement.

  • COMPANY RULES Company requires Students, while participating in the clinical program, on Company property or in a Company vehicle, to meet all standards of appearance and conduct required by Company of its own employees. Company reserves the right to refuse to allow any Student to participate in the clinical program for failure to comply with Company standard.