Examples of Identification Period in a sentence
Under Section 6, the Affected Taxpayer may extend the Identification Period deadline to October 15, the last day of the Postponement Period.
It shall be the Exchangor’s responsibility to identify Replacement Property prior to the expiration of the Identification Period.
Provided one or more properties have been properly identified within the Identification Period, the Qualified Intermediary shall use its best efforts to acquire and transfer to the Exchangor the Replacement Property so identified at such prices and upon such other terms and conditions as have been preapproved by the Exchangor.
If the Court enters the Preliminary Approval Order on July 26, 2016 (the date of the preliminary approval hearing), the Eligible Seller Identification Period will run until September 16, 2016.
The Eligible Seller Identification Period will last at least 45 days from entry of the Preliminary Approval Order.