Common use of Tax Deferred Exchange Clause in Contracts

Tax Deferred Exchange. (check if applicable _ ) Seller and/or Buyer may elect to perform an Internal Revenue code Section 1031 tax deferred exchange with respect to the transfer of the Property, and in such event, each party agrees to cooperate in such exchange and take all steps reasonably necessary to allow its completion; provided, however, the party electing such exchange shall hold the other party harmless from and against any and all claims, costs, liabilities, expense or delays in time resulting from such an exchange.

Appears in 13 contracts

Samples: Contract to Purchase Agricultural Land, Purchase Agreement, Contract to Purchase Agricultural Land

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Tax Deferred Exchange. (check if applicable _ ) Seller and/or Buyer may elect to perform an Internal Revenue code Section 1031 tax deferred exchange with respect to the transfer of the Property, and in such event, each party agrees to cooperate in such exchange and take all steps reasonably necessary to allow its completion; provided, however, the party electing such exchange shall hold the other party harmless from and against any and all claims, costs, liabilities, expense or delays in time resulting from such an exchange.

Appears in 7 contracts

Samples: Contract to Purchase Agricultural Land, Contract to Purchase Agricultural Land, Contract to Purchase Agricultural Land

Tax Deferred Exchange. (check if applicable X_ ) Seller Seller_X and/or Buyer Buyer_X may elect to perform an Internal Revenue code Section 1031 tax deferred exchange with respect to the transfer of the Property, and in such event, each party agrees to cooperate in such exchange and take all steps reasonably necessary to allow its completion; provided, however, the party electing such exchange shall hold the other party harmless from and against any and all claims, costs, liabilities, expense or delays in time resulting from such an exchange.

Appears in 6 contracts

Samples: Contract to Purchase Agricultural Land, Contract to Purchase Agricultural Land, Contract to Purchase Agricultural Land

Tax Deferred Exchange. (check if applicable _ X ) Seller _X_ and/or Buyer _X_ may elect to perform an Internal Revenue code Section 1031 tax deferred exchange with respect to the transfer of the Property, and in such event, each party agrees to cooperate in such exchange and take all steps reasonably necessary to allow its completion; provided, however, the party electing such exchange shall hold the other party harmless from and against any and all claims, costs, liabilities, expense or delays in time resulting from such an exchange.

Appears in 5 contracts

Samples: Contract to Purchase Agricultural Land, Contract to Purchase Agricultural Land, Contract to Purchase Agricultural Land

Tax Deferred Exchange. (check if applicable _ X ) Seller X and/or Buyer X may elect to perform an Internal Revenue code Section 1031 tax deferred exchange with respect to the transfer of the Property, and in such event, each party agrees to cooperate in such exchange and take all steps reasonably necessary to allow its completion; provided, however, the party electing such exchange shall hold the other party harmless from and against any and all claims, costs, liabilities, expense or delays in time resulting from such an exchange.

Appears in 3 contracts

Samples: Contract to Purchase Agricultural Land, Contract to Purchase Agricultural Land, Contract to Purchase Agricultural Land

Tax Deferred Exchange. (check if applicable _ ) Seller and/or Buyer may elect to perform an Internal Revenue code Section 1031 tax deferred exchange with respect to the transfer of the Property, and in such event, each party agrees to cooperate in such exchange and take all steps reasonably necessary to allow its completion; provided, however, the party electing such exchange shall hold the other party Seller harmless from and against any and all claims, costs, liabilities, expense or delays in time resulting from such an exchange.

Appears in 2 contracts

Samples: Contract to Purchase Agricultural Land, Contract to Purchase Agricultural Land

Tax Deferred Exchange. (check if applicable _ X ) Seller and/or Buyer Buyer_X may elect to perform an Internal Revenue code Section 1031 tax deferred exchange with respect to the transfer of the Property, and in such event, each party agrees to cooperate in such exchange and take all steps reasonably necessary to allow its completion; provided, however, the party electing such exchange shall hold the other party harmless from and against any and all claims, costs, liabilities, expense or delays in time resulting from such an exchange.

Appears in 2 contracts

Samples: Contract to Purchase Agricultural Land, Contract to Purchase Agricultural Land

Tax Deferred Exchange. (check if applicable x ) Seller_X_ ) Seller and/or Buyer Buyer_X_ may elect to perform an Internal Revenue code Section 1031 tax deferred exchange with respect to the transfer of the Property, and in such event, each party agrees to cooperate in such exchange and take all steps reasonably necessary to allow its completion; provided, however, the party electing such exchange shall hold the other party harmless from and against any and all claims, costs, liabilities, expense or delays in time resulting from such an exchange.

Appears in 2 contracts

Samples: Contract to Purchase Agricultural Land, Contract to Purchase Agricultural Land

Tax Deferred Exchange. (check if applicable _ X ) Seller and/or Buyer X may elect to perform an Internal Revenue code Section 1031 tax deferred exchange with respect to the transfer of the Property, and in such event, each party agrees to cooperate in such exchange and take all steps reasonably necessary to allow its completion; provided, however, the party electing such exchange shall hold the other party harmless from and against any and all claims, costs, liabilities, expense or delays in time resulting from such an exchange.

Appears in 2 contracts

Samples: Contract to Purchase Agricultural Land, Contract to Purchase Agricultural Land

Tax Deferred Exchange. (check if applicable _ X ) Seller and/or Buyer Buyer_X_ may elect to perform an Internal Revenue code Section 1031 tax deferred exchange with respect to the transfer of the Property, and in such event, each party agrees to cooperate in such exchange and take all steps reasonably necessary to allow its completion; provided, however, the party electing such exchange shall hold the other party harmless from and against any and all claims, costs, liabilities, expense or delays in time resulting from such an exchange.

Appears in 2 contracts

Samples: Contract to Purchase Agricultural Land, Contract to Purchase Agricultural Land

Tax Deferred Exchange. (check mark if applicable _ ) Seller and/or Buyer may elect to perform an Internal Revenue code Section 1031 tax deferred exchange with respect to the transfer of the Property, and in such event, each party agrees to cooperate in such exchange and take all steps reasonably necessary to allow its completion; provided, however, the party electing such exchange shall hold the other party harmless from and against any and all claims, costs, liabilities, expense expense, or delays in time resulting from such an exchange.

Appears in 2 contracts

Samples: Contract to Purchase Agricultural Land, Contract to Purchase Agricultural Land

Tax Deferred Exchange. (check if applicable X _ ) Seller Seller_X and/or Buyer Buyer_X may elect to perform an Internal Revenue code Section 1031 tax deferred exchange with respect to the transfer of the Property, and in such event, each party agrees to cooperate in such exchange and take all steps reasonably necessary to allow its completion; provided, however, the party electing such exchange shall hold the other party harmless from and against any and all claims, costs, liabilities, expense or delays in time resulting from such an exchange.

Appears in 1 contract

Samples: Contract to Purchase Agricultural Land

Tax Deferred Exchange. (check if applicable _ X ) Seller X and/or Buyer X may elect to perform an Internal Revenue code Section 1031 tax deferred exchange with respect to the transfer of the Property, and in such event, each party agrees to cooperate in such exchange and take all steps reasonably necessary to allow its completion; provided, however, the party electing such exchange shall hold the other party harmless from and against any and all claims, costs, liabilities, expense or delays in time resulting from such an exchange.. DRAFT: Non-Executable

Appears in 1 contract

Samples: Contract to Purchase Agricultural Land

Tax Deferred Exchange. (check if applicable X_ ) Seller X_ and/or Buyer X_ may elect to perform an Internal Revenue code Section 1031 tax deferred exchange with respect to the transfer of the Property, and in such event, each party agrees to cooperate in such exchange and take all steps reasonably necessary to allow its completion; provided, however, provided however in no event shall such actions include delaying the closing date and provided further that the party electing such exchange shall hold the other party harmless from and against any and all claims, costs, liabilities, expense or delays in time resulting from such an exchange.

Appears in 1 contract

Samples: Contract to Purchase Agricultural Land

Tax Deferred Exchange. (check if applicable _ _) Seller _ and/or Buyer may elect to perform an Internal Revenue code Section 1031 tax deferred exchange with respect to the transfer of the Property, and in such event, each party agrees to cooperate in such exchange and take all steps reasonably necessary to allow its completion; provided, however, the party electing such exchange shall hold the other party harmless from and against any and all claims, costs, liabilities, expense or delays in time resulting from such an exchange.

Appears in 1 contract

Samples: Contract to Purchase Agricultural Land

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Tax Deferred Exchange. (check if applicable _ ) Seller and/or Buyer may elect to perform an Internal Revenue code Section 1031 tax deferred exchange with respect to the transfer of the Property, and in such event, each party agrees to cooperate in such exchange and take all steps reasonably necessary to allow its completion; provided, however, the party electing such exchange shall hold the other party harmless from and against any and all claims, costs, liabilities, expense expense, or delays in time resulting from such an exchange.

Appears in 1 contract

Samples: Contract to Purchase Agricultural Land

Tax Deferred Exchange. (check if applicable X ) Seller_X_ ) Seller and/or Buyer Buyer_X_ may elect to perform an Internal Revenue code Section 1031 tax deferred exchange with respect to the transfer of the Property, and in such event, each party agrees to cooperate in such exchange and take all steps reasonably necessary to allow its completion; provided, however, the party electing such exchange shall hold the other party harmless from and against any and all claims, costs, liabilities, expense or delays in time resulting from such an exchange.

Appears in 1 contract

Samples: Contract to Purchase Agricultural Land

Tax Deferred Exchange. (check if applicable _ ) Seller and/or Buyer may elect to perform an Internal Revenue code Section 1031 tax deferred exchange with respect to the transfer of the Property, and in such event, each party agrees to cooperate in such exchange and take all steps reasonably necessary to allow its completion; provided, however, the party electing such exchange shall hold the other party harmless from and against any and all claims, costs, liabilities, expense expense, or delays in time resulting from such an exchange.

Appears in 1 contract

Samples: Purchase Agreement

Tax Deferred Exchange. (check if applicable X_ ) Seller Seller_X_ and/or Buyer Buyer_X_ may elect to perform an Internal Revenue code Section 1031 tax deferred exchange with respect to the transfer of the Property, and in such event, each party agrees to cooperate in such exchange and take all steps reasonably necessary to allow its completion; provided, however, the party electing such exchange shall hold the other party harmless from and against any and all claims, costs, liabilities, expense or delays in time resulting from such an exchange.. DRAFT: Non-Executable

Appears in 1 contract

Samples: Contract to Purchase Agricultural Land

Tax Deferred Exchange. (check if applicable X_ ) Seller Seller_X and/or Buyer Buyer_X_ may elect to perform an Internal Revenue code Section 1031 tax deferred exchange with respect to the transfer of the Property, and in such event, each party agrees to cooperate in such exchange and take all steps reasonably necessary to allow its completion; provided, however, the party electing such exchange shall hold the other party harmless from and against any and all claims, costs, liabilities, expense or delays in time resulting from such an exchange.

Appears in 1 contract

Samples: Contract to Purchase Agricultural Land

Tax Deferred Exchange. (check if applicable _ _X ) Seller and/or Buyer Buyer_X may elect to perform an Internal Revenue code Section 1031 tax deferred exchange with respect to the transfer of the Property, and in such event, each party agrees to cooperate in such exchange and take all steps reasonably necessary to allow its completion; provided, however, the party electing such exchange shall hold the other party harmless from and against any and all claims, costs, liabilities, expense or delays in time resulting from such an exchange.

Appears in 1 contract

Samples: Contract to Purchase Agricultural Land

Tax Deferred Exchange. (check if applicable X_ ) Seller Seller_X and/or Buyer X_ may elect to perform an Internal Revenue code Section 1031 tax deferred exchange with respect to the transfer of the Property, and in such event, each party agrees to cooperate in such exchange and take all steps reasonably necessary to allow its completion; provided, however, the party electing such exchange shall hold the other party harmless from and against any and all claims, costs, liabilities, expense or delays in time resulting from such an exchange.

Appears in 1 contract

Samples: Contract to Purchase Agricultural Land

Tax Deferred Exchange. (check if applicable _ ) Seller and/or and / or Buyer may elect to perform an Internal Revenue code Section 1031 tax deferred exchange with respect to the transfer of the Property, and in such event, each party agrees to cooperate in such exchange and take all steps reasonably necessary to allow its completion; provided, however, the party electing such exchange shall hold the other party harmless from and against any and all claims, costs, liabilities, expense or delays in time resulting from such an exchange.

Appears in 1 contract

Samples: Contract to Purchase Agricultural Land

Tax Deferred Exchange. (check if applicable _ ) Seller and/or Buyer may elect to perform an Internal Revenue code Section 1031 tax deferred exchange with respect to the transfer of the Property, and in such event, each party agrees to cooperate in such exchange and take all steps reasonably necessary to allow its completion; provided, however, the party electing such exchange shall hold the other party Seller harmless from and against any and all claims, costs, liabilities, expense expense, or delays in time resulting from such an exchange.

Appears in 1 contract

Samples: Contract to Purchase Agricultural Land

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