Qualified Intermediary means any Person acting as a “qualified intermediary” for BMW FS’s Like-Kind Exchange Program pursuant to Section 1.1031(k)-1(g)(4) of the Treasury Regulations promulgated under the Code.
Qualified Intermediary means any Person acting in its capacity as a qualified intermediary to facilitate any Like-Kind Exchange or operate and/or own a Like-Kind Exchange Account.
Qualified Intermediary means a Person satisfying the requirements for a “qualified intermediary” within the meaning of Section 1031 of the Code and the regulations thereunder.
Examples of Qualified Intermediary in a sentence
Each party hereto expressly reserves the right to assign its rights, but not its obligations, hereunder to a Qualified Intermediary as provided in IRC Reg.
More Definitions of Qualified Intermediary
Qualified Intermediary means a person described in Treas. Reg.§1.1441- 1(e)(5)(ii) to the Code, that enters into a QI Agreement with the IRS to be treated as a qualified intermediary and acts in its capacity as a qualified intermediary.
Qualified Intermediary means an entity that is engaged by AmeriCredit to participate in a LKE Program that qualifies as a “Qualified Intermediary” as defined in Section 1.1031(k)-1(g)(4) of the Treasury Regulations.
Qualified Intermediary means such entity that (a) will be acting in connection with the Exchange Program so as to permit RCFC to make use of the "qualified intermediary" safe harbor of Treasury Regulation ss.1.1031(k)-1(g)(4) and (b) is acceptable to the Group II Required Noteholders and the Rating Agencies.
Qualified Intermediary means United Rentals Exchange, LLC, a qualified intermediary as defined in Treasury Regulation Section 1.1031(k)-1(g)(4).
Qualified Intermediary means a non-profit entity
Qualified Intermediary shall have the meaning set forth in the definition of the term Unencumbered Property.
Qualified Intermediary shall have the meaning set forth in the recitals hereto.