Common use of Maintenance of REIT Status Clause in Contracts

Maintenance of REIT Status. The Borrower will, at all times, conduct its affairs in a manner so as to continue to qualify as a REIT and elect to be treated as a REIT under all Applicable Laws, rules and regulations until such time as the board of directors of the Borrower deems it in the best interests of the Borrower and its stockholders not to remain qualified as a REIT.

Appears in 14 contracts

Samples: Term Loan Agreement (American Tower Corp /Ma/), Term Loan Agreement (American Tower Corp /Ma/), Term Loan Agreement (American Tower Corp /Ma/)

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Maintenance of REIT Status. The Borrower willIn the case of Borrower, at all times, conduct its affairs and the affairs of its Subsidiaries in a manner so as to continue to qualify as a REIT and elect to be treated as a REIT under all Applicable Lawsapplicable laws, rules and regulations until such time as the board of directors of the Borrower deems it in the best interests of the Borrower and its stockholders not to remain qualified as a REITregulations.

Appears in 1 contract

Samples: Loan Agreement (General Growth Properties, Inc.)

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Maintenance of REIT Status. The After the consummation of the REIT Conversion, the Borrower will, at all times, conduct its affairs in a manner so as to continue to qualify as a REIT and elect to be treated as a REIT under all Applicable Lawsapplicable laws, rules and regulations until such time as the board of directors of the Borrower deems it in the best interests of the Borrower and its stockholders not to remain qualified as a REIT.

Appears in 1 contract

Samples: Loan Agreement (American Tower Corp /Ma/)

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