Exchange(s) by Buyer Sample Clauses

Exchange(s) by Buyer. Seller shall cooperate with Buyer in effecting a 1031 Exchange if Buyer desires to undertake such a transaction; provided, however, (i) the exchange shall be at no expense to Seller; (ii) the exchange shall not delay the Closing Date for transfer of the Property; and (iii) Seller shall not be required to acquire title to any proposed exchange properties to accommodate Buyer’s exchange. Buyer shall indemnify, defend and hold Seller harmless from and against any and all claims, demands, costs and expenses which Seller may sustain or incur resulting from the consummation of the transfer of the Property as a Section 1031 exchange rather than a sale to the extent such 1031 exchange is at the request of Buyer. This indemnification and hold harmless agreement shall survive the Closing. It is understood by the parties hereto that any such exchange shall not cause any delay in the Closing Date as originally scheduled hereunder, and that inability of Buyer to consummate this transaction as an exchange shall not entitle it to refuse to perform. Although the same shall not relieve Buyer from any liability under this Agreement, Seller shall permit an assignment by Buyer, or a novation between Seller and an intermediary, in either of which events, Seller shall consummate the transaction as a sale to such intermediary. Buyer shall reimburse Seller for any additional costs or expenses, including reasonable attorneys’ fees, resulting from Seller’s cooperation with Buyer’s 1031 Exchange.
Sample 1
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Related to Exchange(s) by Buyer

  • Deliveries by Buyer At the Closing, Buyer shall deliver to Seller the following:

  • Closing Deliveries by Buyer At the Closing, Buyer shall deliver or cause to be delivered to Seller:

  • Deliveries by Sellers At the Closing, Sellers shall deliver to Purchaser:

  • Deliveries by Purchaser At the Closing, Purchaser shall deliver to Seller the following:

  • Transfers by Banks If a Bank wishes to transfer all or any of its rights, benefits and/or obligations hereunder as contemplated in Clause 26.2 (ASSIGNMENTS AND TRANSFERS BY BANKS), then such transfer may be effected by the delivery to the Agent and the Borrower of a duly completed and duly executed Transfer Certificate in which event, on the later of the Transfer Date specified in such Transfer Certificate and the fifth business day after (or such earlier business day endorsed by the Agent on such Transfer Certificate) the date of delivery of such Transfer Certificate to the Agent:

  • Deliveries by Seller At the Closing, Seller shall deliver, or cause to be delivered, to Buyer the following:

  • Delivery by Buyer At or before the Closing, Buyer shall deliver to Seller the following:

  • Deliveries by Buyer at Closing At the Closing, Buyer shall deliver to Seller:

  • Limitations on Payment by Delivery of Common Stock If the Employee delivers Common Stock held by the Employee ("Old Stock") to the Company in full or partial payment of the option price, and the Old Stock so delivered is subject to restrictions or limitations imposed by agreement between the Employee and the Company, an equivalent number of Option Shares shall be subject to all restrictions and limitations applicable to the Old Stock to the extent that the Employee paid for the Option Shares by delivery of Old Stock, in addition to any restrictions or limitations imposed by this Agreement. Notwithstanding the foregoing, the Employee may not pay any part of the exercise price hereof by transferring Common Stock to the Company unless such Common Stock has been owned by the Employee free of any substantial risk of forfeiture for at least six months.

  • Closing Deliveries by Purchaser At the Closing, Purchaser shall deliver to Seller:

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