Prohibited Expenditures. No amounts made available under this Article shall be used to purchase property (other than “real property” within the meaning of Treasury Regulations Section 1.856-3(d)), to the extent that doing so would cause the Lessor to recognize income other than “rents from real property” as defined in Section 856(d) of the Code.
Appears in 3 contracts
Samples: Master Lease Agreement, Master Lease Agreement (Supertel Hospitality Inc), Master Lease Agreement (Supertel Hospitality Inc)
Prohibited Expenditures. No amounts made available under this Article shall be used to purchase property (other than “"real property” " within the meaning of Treasury Regulations Section 1.856-3(d)), to the extent that doing so would cause the Lessor to recognize income other than “"rents from real property” " as defined in Section 856(d) of the Code.
Appears in 3 contracts
Samples: Revolving Credit Agreement (Sunstone Hotel Investors Inc), Master Lease Agreement (Humphrey Hospitality Trust Inc), Master Lease Agreement (Humphrey Hospitality Trust Inc)
Prohibited Expenditures. No amounts made available under this Article shall be used to purchase property (other than “real property” within the meaning of Treasury Regulations Section 1.856-3(d)), to the extent that doing so would cause the Lessor to recognize income other than “rents from real property” as defined in Section 856(d) of the Code.. ARTICLE XLI
Appears in 2 contracts
Samples: Master Lease Agreement (Supertel Hospitality Inc), Master Lease Agreement (Supertel Hospitality Inc)
Prohibited Expenditures. No amounts made available under this Article shall be used to purchase property (other than “"real property” " within the meaning of Treasury Regulations Section 1.856-1.856- 3(d)), to the extent that doing so would cause the Lessor to recognize income other than “"rents from real property” " as defined in Section 856(d) of the Code.
Appears in 2 contracts
Samples: Lease Agreement (Humphrey Hospitality Trust Inc), Lease Agreement (Humphrey Hospitality Trust Inc)
Prohibited Expenditures. No amounts made available under this ----------------------- Article shall be used to purchase property (other than “"real property” " within the meaning of Treasury Regulations Section 1.856-3(d)), to the extent that doing so would cause the Lessor to recognize income other than “"rents from real property” " as defined in Section 856(d) of the Code.
Appears in 1 contract
Samples: Master Lease Agreement (Humphrey Hospitality Trust Inc)
Prohibited Expenditures. No amounts made available under this Article ----------------------- shall be used to purchase property (other than “"real property” " within the meaning of Treasury Regulations Section 1.856-3(d)), to the extent that doing so would cause the Lessor to recognize income other than “"rents from real property” " as defined in Section 856(d) of the Code.
Appears in 1 contract
