Possible Exchange. Each Party reserves the right to structure the transactions contemplated under the terms of this Agreement as a non-simultaneous like-kind exchange pursuant to Section 1031 of the Code, as amended. If a Party elects to so structure this transaction, the Parties shall execute all documents reasonably necessary for such Party to effectuate the non-simultaneous like-kind exchange.
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Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Apache Corp), Purchase and Sale Agreement (Apache Corp)
Possible Exchange. Each Party reserves the right to structure the transactions transaction contemplated under the terms of this Agreement as a non-simultaneous like-kind exchange pursuant to Section 1031 of the CodeInternal Revenue Code of 1986, as amended. If a either Party elects to so structure this transaction, the Parties Parties, as applicable, shall execute all documents reasonably necessary for such Party to effectuate the non-simultaneous like-kind exchange.
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Possible Exchange. Each Party reserves the right to structure the transactions transaction contemplated under the terms of this Agreement as a non-simultaneous like-kind exchange pursuant to Section 1031 of the CodeInternal Revenue Code of 1986, as amended. If a either Party elects to so structure this transaction, the Parties shall execute all documents reasonably necessary for such Party to effectuate the non-simultaneous like-kind exchange.
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