Redemption to Preserve REIT Status. No sinking fund is provided for the Notes. The Notes shall not be redeemable by the Company prior to the Maturity Date except to the extent, and only to the extent, necessary to preserve the Company’s status as a REIT. If the Company determines that it is necessary to redeem the Notes prior to the Maturity Date to preserve its status as a REIT, the Company may redeem (a “Redemption”) for cash all or part of the Notes as necessary to preserve REIT status, at the Redemption Price.
Appears in 2 contracts
Samples: Second Supplemental Indenture (American Realty Capital Properties, Inc.), First Supplemental Indenture (American Realty Capital Properties, Inc.)
Redemption to Preserve REIT Status. No sinking fund is provided shall be required for the Notes. The Notes shall not be redeemable by the Company prior to the Maturity Date except to the extent, and only to the extent, necessary to preserve the CompanyGuarantor’s status as a REIT. If the Company determines that it is necessary to redeem the Notes prior to the Maturity Date to preserve its the Guarantor’s status as a REIT, the Company may redeem (a “Redemption”) for cash all or part of the Notes as necessary to preserve REIT status, at the Redemption Price.”
Appears in 2 contracts
Samples: Second Supplemental Indenture (Invitation Homes Inc.), First Supplemental Indenture (Invitation Homes Inc.)
