Investment Company Matters. The Investor shall not be or become an “investment company” or an entity “controlled” by an “investment company,” as such terms are defined in the Investment Company Act of 1940, as amended.
Appears in 3 contracts
Samples: Investor Rights and Conversion Agreement (Supertel Hospitality Inc), Purchase Agreement (Supertel Hospitality Inc), Investor Rights and Conversion Agreement (Supertel Hospitality Inc)
Investment Company Matters. The Investor shall use its commercially reasonable best efforts to not be or become an “investment company” or an entity “controlled” by an “investment company,” as such terms are defined in the Investment Company Act of 1940, as amended.
Appears in 1 contract
Samples: Investor Rights and Option Agreement (Hersha Hospitality Trust)