Organization of Borrower, Etc. Borrower shall remain a Maryland limited partnership with the REIT as its sole general partner. At no time shall Borrower be taxed as an association under the Internal Revenue Code.
Appears in 5 contracts
Samples: Revolving Credit Agreement (Arden Realty Inc), Revolving Credit Agreement (Arden Realty Inc), Revolving Credit Agreement (Arden Realty Inc)