Section 1031. The parties shall cooperate with each other in ------------ order that the transactions contemplated under this Agreement may be accomplished as part of a deferred exchange (the "1031 Transaction") pursuant to Section 1031 of the Code and applicable Treasury Regulations and to execute such agreements and other documents as may be necessary to complete and otherwise effectuate a tax-deferred exchange; provided, however, that Seller shall not be obligated to incur any costs, expenses or other liabilities in cooperating with Buyer hereunder. Buyer shall be permitted to assign any or all of its rights and obligations under this Agreement to a qualified intermediary without Seller's consent for purposes of qualifying the transactions hereunder as a tax- deferred exchange; provided, however, that the fees of such qualified intermediary shall be paid by Buyer; and provided further, however, that nothing in this Section shall be deemed to relieve Buyer of any of its obligations under this Agreement, including its obligations to close the transactions contemplated by this Agreement if the exchange described herein has not occurred within nine months after the date of this Agreement and the conditions to Closing described in SECTIONS 8.1 and 8.2 have been met or waived, subject to the rights of either party to terminate the Agreement pursuant to SECTION 10.1.3.
Section 1031. In the event a principal is reassigned from one school building to another newly constructed or 48 newly opened building (hereinafter referred to as "new building"), the District shall have the 1 option of moving secretarial staff with the principal to the new building using the following 2 guidelines:
Section 1031. 15 The employee shall be eligible for provisions of the Federal Family and Medical Leave Act 16 (FMLA). Employees are entitled to FMLA leave if they meet the eligibility requirements set for 17 in the Federal Family and Medical Leave Act. In the event the employee is not eligible under the 18 FMLA, the Washington Family Leave Act may apply (RCW 49.78).
Section 1031. Employees working in more than one (1) general job classification shall enjoy seniority in each 29 such classification, provided they continue such duties with no more than eighteen (18) months 30 break in service. Such break in service of more than eighteen (18) months shall result in loss of
Section 1031. An emergency, for the purpose of this leave, is a suddenly precipitated situation which is of 3 such a nature that pre-planning is not possible or where pre-planning could not relieve the 4 necessity for the employee’s absence. The situation cannot be one of minor importance or of 5 mere personal convenience, but must be of a serious emergency nature.
Section 1031. Either party may elect to assign this Agreement to a qualified intermediary or third party to complete a like-kind exchange of property in accordance with Section 1031 of the Internal Revenue Code of 1987, as amended. Any such election shall be at no cost or liability to the other party. Should this Agreement become part of a Section 1031 transaction, the non-electing party may enforce any and all representations, warranties, covenants and other obligations of the electing party under this Agreement directly against the electing party.
Section 1031. Notwithstanding any provision to the contrary in this Agreement, GCI and Cox agree that the exchange of the Stations contemplated hereby shall be accomplished in a manner enabling the transfer of the Cox Assets and GCI Assets to qualify as a like-kind exchange of property within the meaning of Section 1031 of the Code, including but not limited to, the assignment of this Agreement by Cox to a qualified intermediary in order that the acquisition of additional replacement property for the Cox Assets may be accomplished as a deferred exchange pursuant to applicable Treasury Regulations. Cox covenants with and warrants to GCI, and GCI covenants with and warrants to Cox, that (a) in no tax return hereafter filed by Cox or any affiliate of Cox, or by GCI or any affiliate of GCI, or any of their respective representatives, successors or assigns, will Xxx xx GCI or any of their respective representatives, successors or assigns, treat any such exchange inconsistently with or differently than a "like-kind" exchange within the meaning of Section 1031 of the Code, and (b) in no tax audit, tax examination, tax review or tax litigation will Xxx xx any affiliate of Cox, or GCI or any affiliate of GCI, or any of their respective representatives, successors or assigns, treat any such exchange inconsistently with or differently than a "like-kind" exchange within the meaning of Section 1031 of the Code. Each party agrees to cooperate with the other party in order that Cox, GCI and the qualified intermediary may effectuate a tax-deferred exchange of like-kind property pursuant to Section 1031 of the Code. The parties agree to execute such agreements and other documents as may be necessary to complete and otherwise effectuate the tax-deferred exchange.
Section 1031. Seller and/or Buyer may, for the purpose of treating all or part of its sale or acquisition of the Property as a like-kind exchange of property under Section 1031 of the Internal Revenue Code, assign certain rights that it has under this Agreement, including its right to sell or acquire the Property pursuant to this Agreement, to one or more qualified intermediaries, and to provide notice of such assignment to the other party, provided that no such assignment shall release the assigning party from its obligations hereunder and no such assignment shall delay the Closing hereunder. The non-assigning party shall not incur any costs in connection with such exchange. The assigning party agrees to save, indemnify, protect and defend the other party (with counsel reasonably satisfactory to such other party) from and against and hold the other party harmless from any and all expenses and/or liabilities arising from such assignment and exchange and the other party shall not be required to take title to any other property. The provisions of this Section 12.26 shall survive the Closing.
Section 1031. 27 All employees covered by this Agreement shall have the right to apply for any bargaining unit 28 position which is advertised in accordance with 10.3 above and the mutually agreed upon
Section 1031. All A&E Contract Information:
