Common use of Tax Deferred Exchange Clause in Contracts

Tax Deferred Exchange. In the event either Purchaser(s) or Seller(s) desire to effect a tax deferred exchange in connection with the conveyance of the subject property, Purchaser(s) and Seller(s) agree to cooperate to affect such exchange; provided, however, that the exchanging party shall bear sole and complete responsibility for additional costs associated therewith, and that a non-exchanging party shall not assume any liability with respect thereto. Purchaser(s) and Seller(s) shall execute such documents as required to give effect to such exchange, without additional cost to the non-exchanging party.

Appears in 3 contracts

Samples: Real Property Auction Sales Contract, Auction Agreement, Real Property Auction Purchase and Sale Contract

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Tax Deferred Exchange. In the event either Purchaser(s) Buyer or Seller(s) desire Seller desires to effect a tax tax-deferred exchange in connection with the conveyance of the subject propertyProperty, Purchaser(s) Buyer and Seller(s) Seller agree to cooperate to affect in effecting such exchange; provided, however, that the exchanging party shall bear sole and complete responsibility be responsible for all additional costs associated therewithwith such exchange, and provided further, that a non-exchanging party shall not assume any additional liability with respect theretoto such tax-deferred exchange. Purchaser(s) Seller and Seller(s) Buyer shall execute such documents as required to give effect to such exchangeadditional documents, without additional at no cost to the non-exchanging party, as shall be required to give effect to this provision.

Appears in 3 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Culp Inc), Agreement to Purchase and Sell Real Property (Blue Rhino Corp)

Tax Deferred Exchange. In the event either Purchaser(s) Sellers or Seller(s) desire Purchaser desires to effect a tax tax-deferred exchange in connection with the conveyance of the subject propertyProperty, Purchaser(s) Sellers and Seller(s) Purchaser agree to cooperate to affect and effect such exchange; provided, however, that the exchanging party shall bear sole and complete responsibility be responsible for all additional costs associated therewithwith such exchange, and provided further, that a the non-exchanging party shall not assume any additional liability with respect theretoto such tax-deferred exchange and shall not be required to take or hold title to any property other than the Property described in this Agreement. Purchaser(s) Sellers and Seller(s) Purchaser shall execute such documents as required to give effect to such exchangeadditional documents, without additional at no cost to the non-exchanging party, as shall be required to give effect to this provision.

Appears in 3 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement, Asset Purchase Agreement (Lehigh Gas Partners LP)

Tax Deferred Exchange. In the event either Purchaser(s) Buyer or Seller(s) desire Seller desires to effect a tax tax-deferred exchange in connection with the conveyance of the subject propertyProperty, Purchaser(s) Buyer and Seller(s) Seller agree to cooperate to affect in effecting such exchange; provided, however, that the exchanging party shall bear sole and complete responsibility be responsible for all additional costs associated therewithwith such exchange, and provided further, that a non-exchanging party shall not assume any additional liability with respect theretoto such tax-deferred exchange. Purchaser(s) Buyer and Seller(s) Seller shall execute such documents as required to give effect to such exchangeadditional documents, without additional including assignment of this Contract in connection therewith, at no cost to the non-exchanging party, as shall be required to give effect to this provision.

Appears in 3 contracts

Samples: Offer to Purchase and Contract, Offer to Purchase and Contract, Offer to Purchase and Contract

Tax Deferred Exchange. In the event either Purchaser(s) Buyer or Seller(s) desire Seller desires to effect a tax tax-deferred exchange in connection with the conveyance of the subject propertyProperty, Purchaser(s) Buyer and Seller(s) Seller agree to cooperate to affect in effecting such exchange; provided, however, that the exchanging party shall bear sole and complete responsibility be responsible for all additional costs associated therewithwith such exchange, and further, that a non-exchanging party shall not assume any additional liability with respect theretoto such tax-deferred exchange. Purchaser(s) Seller and Seller(s) Buyer shall execute such documents as required to give effect to such exchangeadditional documents, without additional at no cost to the non-exchanging party, as required to give effect to this provision.

Appears in 2 contracts

Samples: Offer to Purchase Contract, Offer to Purchase Contract

Tax Deferred Exchange. In the event either Purchaser(s) or Seller(s) desire Because Seller desires to effect a tax tax-deferred exchange in connection with the conveyance of the subject propertyProperty, Purchaser(s) Buyer and Seller(s) Seller agree to cooperate to affect in effecting such exchange; , provided, however, that the exchanging party shall bear sole and complete responsibility be responsible for all additional costs associated therewithwith such exchange, and provided further, that a non-exchanging party shall not assume any additional liability with respect theretoto such tax-deferred exchange. Purchaser(s) Seller and Seller(s) Buyer shall execute such documents as required to give effect to such exchangeadditional documents, without additional at no cost to the non-exchanging party, as shall be required to give effect to this provision.

Appears in 1 contract

Samples: Real Estate Purchase Contract (Old Dominion Freight Line Inc/Va)

Tax Deferred Exchange. In the event either Purchaser(s) Buyer or Seller(s) desire Seller desires to effect a tax tax-deferred exchange in connection with the conveyance of the subject propertyProperty, Purchaser(s) Buyer and Seller(s) Seller agree to cooperate to affect in effecting such exchange; provided, however, that the exchanging party shall bear sole and complete responsibility be responsible for all additional costs associated therewithwith such exchange, and provided further, that a non-exchanging party shall not assume any additional liability with respect theretoto such tax-deferred exchange. Purchaser(s) Seller and Seller(s) Buyer shall execute such documents additional documents, at no cost to the non- exchanging party, as shall be required to give effect to such exchange, without additional cost to the non-exchanging partythis provision.

Appears in 1 contract

Samples: Real Property Auction Purchase and Sales Agreement

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Tax Deferred Exchange. In the event either Purchaser(s) Buyer or Seller(s) desire Seller desires to effect a tax tax-deferred exchange in connection with the conveyance of the subject propertyProperty, Purchaser(s) Buyer and Seller(s) Seller agree to cooperate to affect in effecting such exchange; provided, however, that the exchanging party shall bear sole and complete responsibility be responsible for all additional costs associated therewithwith such exchange, and provided further, that a non-exchanging party shall not assume any additional liability with respect thereto. Purchaser(s) and Seller(s) shall execute such documents as required to give effect to such tax-deferred exchange, without additional cost to the non-exchanging party.. Buyer and Seller shall

Appears in 1 contract

Samples: Real Estate Purchase Agreement (Farmland Partners Inc.)

Tax Deferred Exchange. In the event either Purchaser(s) Buyer or Seller(s) desire Seller desires to effect a tax tax-deferred exchange in connection with the conveyance of the subject propertyProperty, Purchaser(s) Buyer and Seller(s) Seller agree to cooperate to affect in effecting such exchange; provided, however, that the exchanging party shall bear sole and complete responsibility be responsible for all additional costs associated therewithwith such exchange, and provided further, that a non-exchanging party shall not assume any additional liability with respect theretoto such tax-deferred exchange. Purchaser(s) Buyer and Seller(s) Seller shall execute such documents as required to give effect to such exchangeadditional documents, without additional including assignment of this contract in connection therewith, at no cost to the non-exchanging party, as shall be required to give effect to this provision.

Appears in 1 contract

Samples: Real Estate Purchase Agreement (Farmland Partners Inc.)

Tax Deferred Exchange. In the event either Purchaser(s) or Seller(s) desire SELLER desires to effect a tax deferred exchange Tax-Deferred Exchange in connection with the conveyance of the subject propertyProperty, Purchaser(s) and Seller(s) agree PURCHASER agrees to cooperate to affect in effecting such exchangeTax-Deferred Exchange; provided, however, that the exchanging party shall bear sole and complete responsibility be responsible for all additional costs associated therewithwith such Tax-Deferred Exchange, and provided, further, that a non-exchanging party shall not assume any additional liability with respect theretoto such Tax-Deferred Exchange. Purchaser(s) SELLER and Seller(s) PURCHASER shall execute such documents as required to give effect to such exchangeadditional documents, without additional at no cost to the non-exchanging party, as shall be required to give effect to this provision.

Appears in 1 contract

Samples: Contract of Sale and Purchase (Inland American Real Estate Trust, Inc.)

Tax Deferred Exchange. In the event either Purchaser(s) Buyer or Seller(s) desire Seller desires to effect a tax tax-deferred exchange in connection with the conveyance of the subject propertyProperty, Purchaser(s) Buyer and Seller(s) Seller agree to cooperate to affect in effecting such exchange; provided, however, however that the exchanging party shall bear sole and complete responsibility be responsible for all additional costs associated therewithwith such exchange, and provided further, that a non-exchanging party shall not assume any additional liability with respect theretoto such tax- deferred exchange. Purchaser(s) Seller and Seller(s) Buyer shall execute such documents as required to give effect to such exchangeadditional documents, without additional at no cost to the non-exchanging party, as shall be required to give effect to this provision.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Diversified Resources Group Inc)

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