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)
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)