Qualification as a Real Estate Investment Trust. Anything else in this Agreement to the contrary notwithstanding, the Advisor shall refrain from any action which, in its sole judgment made in good faith or in the judgment of the Directors of which the Advisor has written notice, would adversely affect the status of the Corporation as a real estate investment trust as defined and limited in Sections 856-860 of the Internal Revenue Code of 1986, as amended, which would violate any law, rule, regulation or statement of policy or any governmental body or agency having jurisdiction over the Corporation or over its securities, or which would otherwise not be permitted by the Corporation's Articles of Incorporation and Bylaws.
Appears in 4 contracts
Samples: Advisory, Administrative Services and Facilities Agreement (National Health Realty Inc), Advisory, Administrative Services and Facilities Agreement (National Healthcare Corp), Advisory, Administrative Services and Facilities Agreement (National Healthcare Corp)
Qualification as a Real Estate Investment Trust. Anything else in this Agreement to the contrary notwithstanding, the Advisor shall refrain from any action which, in its sole judgment made in good faith or in the judgment of the Directors of which the Advisor has written notice, would adversely affect the status of the Corporation as a real estate investment trust as defined and limited in Sections sections 856-860 of the Internal Revenue Code of 1986, as amended, or which would violate any law, rule, regulation or statement of policy or any governmental body or agency having jurisdiction over the Corporation or over its securities, or which would otherwise not be permitted by the Corporation's Articles of Incorporation and Bylaws.
Appears in 1 contract
Samples: Advisory, Administrative Services and Facilities Agreement (National Health Investors Inc)
