CONSTRUCTION AND INTERPRETATION OF ARTICLE II AND THE ESCROW AGREEMENT Sample Clauses

CONSTRUCTION AND INTERPRETATION OF ARTICLE II AND THE ESCROW AGREEMENT. It is the intent of the parties that the transfer of the personal property and the conveyance of real estate provided for in this Article II shall accomplish a delayed nontaxable exchange in compliance with Section 1031(a)(3) of the Internal Revenue Code of 1986 and Section 1.1031(k)-1 of the Treasury Regulations. ARTICLE II of this Agreement and the Escrow Agreement shall be construed and interpreted in a manner consistent with this intent.
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Related to CONSTRUCTION AND INTERPRETATION OF ARTICLE II AND THE ESCROW AGREEMENT

  • Amendment to Article VII The provisions of Article VII of the Credit Agreement are hereby amended by addition of the following subsection at the end of Section 7.01:

  • Amendment to Article I Article I of the Existing Credit Agreement is hereby amended in accordance with Subparts 2.1.1 through 2.1.2.

  • Construction and Interpretation Should any provision of this Agreement require judicial interpretation, the parties hereto agree that the court interpreting or construing the same shall not apply a presumption that the terms hereof shall be more strictly construed against one party by reason of the rule of construction that a document is to be more strictly construed against the party that itself, or through its agent, prepared the same, and it is expressly agreed and acknowledged that Company and Executive and each of his and its representatives, legal and otherwise, have participated in the preparation hereof.

  • Amendment to Article V Article V of the Credit Agreement is hereby amended by inserting the following as a new Section 5.21:

  • Amendment to Article II Article II of the Credit Agreement is hereby amended by adding the following Section 2.16:

  • Amendment to Article IX Article IX of the Credit Agreement is hereby amended by inserting the following text as a new Section 9.02A to the Credit Agreement:

  • Definition and Interpretation Within this Agreement, the following terms shall have the following meanings when used in this Agreement, unless otherwise stated or required:

  • Amendments to Article I The provisions of Article I of the Credit Agreement are hereby amended as follows:

  • Administration and Interpretation Any question or dispute regarding the administration or interpretation of the Notice, the Plan or this Agreement shall be submitted by the Grantee or by the Company to the Committee. The resolution of such question or dispute by the Committee shall be final and binding on all persons.

  • Amendments to Article VII Article VII of the Existing Credit Agreement is hereby amended as follows:

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