Common use of Tax Deferred Exchange Clause in Contracts

Tax Deferred Exchange. To the extent allowable by Law, any combination of Sellers and/or Buyer may, at or before the Closing, elect to effect a tax-deferred exchange of the Assets for other qualifying properties (the “Exchange Property”) in accordance with the following:

Appears in 3 contracts

Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Linn Energy, LLC), Purchase and Sale Agreement (Midstates Petroleum Company, Inc.)

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Tax Deferred Exchange. To the extent allowable by Law, any combination of Sellers and/or Either or both Buyer and Seller may, at or before the Closing, elect to effect a tax-deferred exchange of the Assets for other qualifying properties (hereinafter collectively called the “Exchange Property”) in accordance with the following:

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Concho Resources Inc), Purchase and Sale Agreement (Arena Resources Inc)

Tax Deferred Exchange. To the extent allowable by Law, any combination of Sellers Either or both Buyer and/or Buyer Seller may, at or before the Closing, elect to effect affect a tax-deferred exchange of the Assets for other qualifying properties (hereinafter collectively called the "Exchange Property") in accordance with the following:

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Legacy Reserves L P), Purchase and Sale Agreement (Legacy Reserves L P)

Tax Deferred Exchange. To the extent allowable by Law, any combination of Either one or both Sellers and/or Buyer may, at or before the Closing, elect to effect a tax-tax- deferred exchange of the Assets for other qualifying properties (hereinafter collectively called the “Exchange Property”) in accordance with the following:

Appears in 1 contract

Samples: Purchase and Sale Agreement

Tax Deferred Exchange. To the extent allowable by Law, any combination of Either one or both Sellers and/or Buyer may, at or before the Closing, elect to effect a tax-deferred exchange of the Assets for other qualifying properties (hereinafter collectively called the “Exchange Property”) in accordance with the following:

Appears in 1 contract

Samples: Purchase and Sale Agreement (Linn Energy, LLC)

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Tax Deferred Exchange. To the extent allowable by Law, any combination of Sellers and/or Either or both Buyer or Seller may, at or before the Closing, elect to effect affect a tax-deferred exchange of the Assets for other qualifying properties (hereinafter collectively called the “Exchange Property”) in accordance with the following:

Appears in 1 contract

Samples: Purchase and Sale Agreement (Comstock Resources Inc)

Tax Deferred Exchange. To the extent allowable by Law, any combination of Either or both Buyer and/or Sellers and/or Buyer may, at or before the Closing, elect to effect affect a tax-deferred exchange of the Assets for other qualifying properties (hereinafter collectively called the “Exchange Property”) in accordance with the following:

Appears in 1 contract

Samples: Purchase and Sale Agreement (Whittier Energy Corp)

Tax Deferred Exchange. To the extent allowable by Law, any combination of Sellers and/or Either or both Buyer and Seller may, at or before the Closing, elect to effect affect a tax-deferred exchange of the Assets for other qualifying properties (hereinafter collectively called the “Exchange Property”) in accordance with the following:

Appears in 1 contract

Samples: Purchase and Sale Agreement (Storm Cat Energy CORP)

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