Common use of Maintenance of REIT Status; New York Stock Exchange or NASDAQ Listing Clause in Contracts

Maintenance of REIT Status; New York Stock Exchange or NASDAQ Listing. At all times (a) continue to be organized and operated in a manner that will allow the Borrower to qualify for REIT Status and (b) cause at least one class of the common Equity Interests of the Borrower to be listed on the New York Stock Exchange or The NASDAQ Stock Market.

Appears in 3 contracts

Samples: Term Loan Agreement (CIM Commercial Trust Corp), Credit Agreement (CIM Commercial Trust Corp), Credit Agreement (CIM Commercial Trust Corp)

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Maintenance of REIT Status; New York Stock Exchange or NASDAQ Listing. At all times (a) continue to be organized and operated in a manner that will allow the Borrower to (i) qualify for REIT Status and (bii) cause at least one class of the common Equity Interests of the Borrower to be remain publicly traded with securities listed on the New York Stock Exchange or The the NASDAQ Stock Market.

Appears in 3 contracts

Samples: Credit Agreement (Apple Hospitality REIT, Inc.), Credit Agreement (Apple Hospitality REIT, Inc.), Assignment and Assumption (Apple Hospitality REIT, Inc.)

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