Common use of Exchange Transaction Clause in Contracts

Exchange Transaction. In the event that Seller elects to consummate the transaction contemplated herein by virtue of an exchange transaction under Section 1031 of the Code, Buyer shall cooperate with Seller in so effecting Seller's consummation of such transaction subject to the following conditions: (i) Except as provided in Section 8(b) above, the period for the Closing shall not be extended by such exchange transaction; (ii) Buyer shall not take title to any property as part of any such exchange transaction; (iii) Buyer shall not be required to advance any funds whatsoever or incur any obligation or liability whatsoever in connection with any such exchange transaction;

Exchange Transaction. In the event that Seller elects elect to consummate the transaction contemplated herein by virtue of an exchange transaction under Section 1031 of the Code, Buyer shall cooperate with Seller in so effecting Seller's consummation of such transaction subject to the following conditions: (ia) Except as provided in Section 8(b) above, the The period for the Closing shall not be extended by such exchange transaction; (iib) Buyer shall not take title to any property as part of any such exchange transaction;; and/or (iiic) Buyer shall not be required to advance any funds whatsoever or incur any obligation or liability whatsoever in connection with any such exchange transaction;.

Exchange Transaction. In the event that Seller elects to consummate the transaction contemplated herein by virtue of an exchange transaction under Section 1031 of the Code, Buyer shall cooperate with Seller in so effecting Seller's consummation of such transaction subject to the following conditions: (i) Except as provided in Section 8(b) above, the The period for the Closing shall not be extended by such exchange transaction; (ii) Buyer shall not take title to any property as part of any such exchange transaction; (iii) Buyer shall not be required to advance any funds whatsoever or incur any obligation or liability whatsoever in connection with any such exchange transaction;

Exchange Transaction. In the event that Seller elects elect to consummate the transaction contemplated herein by virtue of an exchange transaction under Section 1031 of the Code, Buyer shall cooperate with Seller in so effecting Seller's consummation of such transaction subject to the following conditions: (i) Except as provided in Section 8(b) above, the The period for the Closing shall not be extended by such exchange transaction; (ii) Buyer shall not take title to any property as part of any such exchange transaction;; and/or (iii) Buyer shall not be required to advance any funds whatsoever or incur any obligation or liability whatsoever in connection with any such exchange transaction;.

Exchange Transaction. In the event that Seller elects to consummate the transaction contemplated herein by virtue of an exchange transaction under Section 1031 of the Code, Buyer shall cooperate with Seller in so effecting Seller's consummation of such transaction subject to the following conditions: (i) Except as provided in Section 8(b8(c) above, the period for the Closing shall not be extended by such exchange transaction; (ii) Buyer shall not take title to any property as part of any such exchange transaction;; and (iii) Buyer shall not be required to advance any funds whatsoever or incur any obligation or liability whatsoever in connection with any such exchange transaction;.