Sentences with phrase «than the exchange proceeds»

Any new cash — from a source other than the exchange proceeds — that the exchanger uses to purchase the replacement property also will offset any debt received.

Avoid Modified Endowment Status: If the subsequent premiums paid into the new policy, other than the exchange proceeds, are within the new 7 - pay limit, then a 1035 Exchange of a life insurance policy allows the policy owner to place the original contract's entire value in the new policy without creating a modified endowment contract, or MEC.

Not exact matches

As the U.S. Securities and Exchange Commission (SEC) starts to take a hardline proceed to cryptocurrencies and initial silver offerings (ICO), many companies are holding a different position than formerly seen with regards to their ICOs.

Hybrid publishing companies behave just like traditional publishing companies in all respects, except that they publish books using an author - subsidized business model, as opposed to financing all costs themselves, and in exchange return a higher - than - industry - standard share of sales proceeds to the author.

«Hybrid publishing companies behave just like traditional publishing companies in all respects, except that they publish books using an author - subsidized business model, as opposed to financing all costs themselves, and in exchange return a higher - than - industry - standard share of sales proceeds to the author.

For the avoidance of doubt, Gross Revenues shall (A) exclude monies received from any source other than the sale of electric energy and capacity, including, without limitation, any of the following: (i) any federal, state, county or local tax benefits, grants or credits or allowances related to, derived from, or granted to the Wind Energy Project or Grantee, including, but not limited to, investment or production tax credits, or property or sales tax exemptions, (ii) proceeds from financing activities, sales, assignments, partial assignments, contracts (other than the power purchase agreement) or other dispositions of or related to the Wind Energy Project (such as damages for breach of contract or liquidated damages for delays in project completion or failures in equipment performance), (iii) amounts received as reimbursements or compensation for wheeling costs or other electricity transmission or delivery costs, and (iv) any proceeds received by Grantee as a result of damage or casualty to the Wind Energy Project, or any portion thereof and (B) include any revenues derived from Grantee's sale of carbon dioxide trading credits, renewable energy credits or certificates, emissions reduction credits, emissions allowances, green tags, tradable renewable credits, or Green - e ® products, any of which are allocated to Grantee, if applicable, through its participation in any voluntary registry, association or market - based exchange.

But with a 1031 exchange, you get to defer paying those taxes if you reinvest the proceeds in a new property, making an «exchange» rather than a sale.