Dividend Payout. Make a dividend payment (including both common stock dividends and preferred stock dividends) which is greater than ninety percent (90%) of Funds from Operations or that would otherwise violate the United States federal tax laws governing the qualifications of real estate investment trusts. As used herein, "
Appears in 2 contracts
Samples: Revolving Credit Agreement (Mid America Apartment Communities Inc), Revolving Credit Agreement (Mid America Apartment Communities Inc)
Dividend Payout. Make a dividend payment (including both common stock dividends and preferred stock dividends) which is greater than ninety percent (90%) of Funds from Operations or that would otherwise violate the United States federal tax laws governing the qualifications of real estate investment trusts. As used herein, "“
Appears in 2 contracts
Samples: Revolving Credit Agreement (Mid America Apartment Communities Inc), Revolving Credit Agreement (Mid America Apartment Communities Inc)