Property Transaction definition

Property Transaction means either a Disposal of Property or the granting of a Property Right;

Property Transaction means the acquisition or disposal of a freehold interest in property (including land and/or buildings) or a lease of greater than 7 years or other dealing with land, whether or not buildings, plant and equipment, fixtures and fittings, or other assets are included in that transaction. A transaction concerning only plant and equipment, fixtures and fittings, or other assets is not a Property transaction. The grant of a temporary licence to occupy is not a Property transaction.

Property Transaction means the granting of a Property Right.

Examples of Property Transaction in a sentence

• The Parties shall, and shall cause each member of their respective Groups to, cooperate in good faith to effectuate each Property Transaction and otherwise in connection with the matters covered by this Agreement, which cooperation shall include, without limitation, using its reasonable best efforts to promptly take any and all actions reasonably necessary, customary or advisable to effectuate the Property Transaction and to otherwise perform its obligations under this Agreement.

• Buyer shall bear and be responsible for paying any sales, use, transfer, documentary, registration, business and occupation and other similar Taxes (including related penalties (civil or criminal), additions to Tax and interest) imposed by any Governmental Authorities with respect to the transfer of Purchased Property to Buyer (including the Owned Real Property) ("Transaction Taxes"), regardless of whether the Tax authority seeks to collect the such Taxes from Seller or Buyer.

• Notwithstanding the foregoing, this Section 4.14 shall not apply to a Real Property Transaction (as defined in this Note), Factoring Transaction (as defined in this Note), or Buyout Transaction (as defined in this Note).

• The Company has five wholly owned subsidiaries: Property Transaction Network, Preference America Mortgage Network and Monument Mortgage, Inc., Finet Corporation and FWC Shell Corporation, Inc.

• Buyer shall bear and be responsible for paying any sales, use, transfer, documentary, registration, business and occupation and other similar taxes (including related penalties (civil or criminal), additions to tax and interest) imposed by any Governmental Authorities with respect to the transfer of Purchased Property to Buyer (including the Owned Real Property) ("Transaction Taxes"), regardless of whether the tax authority seeks to collect the such taxes from Seller or Buyer.

More Definitions of Property Transaction

Property Transaction means an acquisition, disposition or financing transaction for which a Specified Advisor had initiated discussions or negotiations prior to, and is subsequently consummated following, a Specified Transaction in which the Specified Agreement to which such Specified Advisor was a party is terminated.

Property Transaction means the acquisition or disposition of an interest in Real Property, such as an Agreement of Purchase and Sale, Option Agreement, Easement, Public Utility Easement, Community Facility Agreement, Lease, and License;

Property Transaction means Property Buyer’s acquisition, directly or indirectly, of all of the real property assets of Seller.

Property Transaction means the transfer of rights in a property asset between two or more parties (for example but not limited to the transfer of a freehold interest, the creation of a leasehold interest or the granting of a licence).

Property Transaction means the acquisition or disposal of a freehold interest in property (including land and/or buildings) or a lease of greater than 7 years or other dealing with land, whether or not

Property Transaction means the marketing, sale, purchase and/or letting of a property in the estate

Property Transaction means a transaction between the Municipality and a third party whereby the Municipality either Disposes of or Lets Property;