Examlex
The definition of property as it relates to a section 351 transaction includes money.
Contract
A legal contract made between two or more parties, which can be upheld in a court of law.
Indemnity
A contractual agreement in which one party agrees to compensate for any losses or damages incurred by another.
Written Commitment
A documented pledge or promise to engage in or refrain from a specified action.
Debtor
An individual or entity that owes money to another entity, often a financial institution or lender.
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