Common use of Borrower Tax Status Clause in Contracts

Borrower Tax Status. Permit the Borrower to become an association (or publicly traded partnership or taxable mortgage pool) taxable as a corporation for federal tax purposes at any time.

Appears in 6 contracts

Samples: Credit Agreement (Chatham Lodging Trust), Credit Agreement (Chatham Lodging Trust), Credit Agreement (Chatham Lodging Trust)

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Borrower Tax Status. Permit the Borrower to become an association (or publicly traded partnership or taxable mortgage pool) taxable as a corporation for federal tax purposes at any time.. 7.19

Appears in 2 contracts

Samples: Credit Agreement (Chatham Lodging Trust), And Restatement Agreement Second Amendment and Restatement Agreement (Chatham Lodging Trust)

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