Common use of Maintenance of Non-Taxable Status Clause in Contracts

Maintenance of Non-Taxable Status. Borrower will maintain its status of being taxed as a partnership for the purposes of federal, state and local income taxes.

Appears in 4 contracts

Samples: Loan Agreement (Tower Realty Trust Inc), Concession Lease Agreement (KSL Recreation Group Inc), Loan Agreement (Golf Ventures Inc)

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Maintenance of Non-Taxable Status. Borrower will maintain its status of being taxed as a partnership for the purposes of federal, state and local income taxes.. Section 4.16

Appears in 1 contract

Samples: Loan Agreement (Mark Centers Trust)

Maintenance of Non-Taxable Status. Borrower will shall maintain its status of being taxed as a company taxable as a partnership for the purposes of federalFederal, state and local income taxestaxation.

Appears in 1 contract

Samples: Loan Agreement (Cedar Income Fund LTD /Md/)

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Maintenance of Non-Taxable Status. Borrower will maintain its status of being taxed as a partnership for the purposes of federal, state and local income taxes.. Section 5.15

Appears in 1 contract

Samples: Loan Agreement (Golf Ventures Inc)

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