REIT Qualification. The Company will use its best efforts to remain qualified as a REIT for its taxable year ending December 31, 2017 and the Company will use its best efforts to continue to meet the requirements to qualify as a REIT under the Code until the Board of Directors of the Company determines that it is no longer in the best interests of the Company and its stockholders to qualify as a REIT.
Appears in 3 contracts
Samples: Underwriting Agreement (Plymouth Industrial REIT Inc.), Underwriting Agreement (Plymouth Industrial REIT Inc.), Underwriting Agreement (Plymouth Industrial REIT Inc.)
REIT Qualification. The Company will use its best efforts to remain qualified as a REIT for its taxable year ending December 31, 2017 2018 and the Company will use its best efforts to continue to meet the requirements to qualify as a REIT under the Code until the Board of Directors of the Company determines that it is no longer in the best interests of the Company and its stockholders to qualify as a REIT.
Appears in 2 contracts
Samples: Underwriting Agreement (Plymouth Industrial REIT Inc.), Underwriting Agreement (Plymouth Industrial REIT Inc.)
REIT Qualification. The Company will use its best efforts to remain qualified as a REIT for its taxable year ending December 31, 2017 and the Company will use its best efforts to continue to meet the requirements to qualify for qualification and taxation as a REIT under the Code until for its taxable year ending December 31, 2012 and, subject to any future determination by the Board Company’s board of Directors of the Company determines directors that it is no longer in the Company’s best interests of the Company and its stockholders to qualify as a REIT, thereafter.
Appears in 2 contracts
Samples: Underwriting Agreement (American Capital Mortgage Investment Corp.), Underwriting Agreement (American Capital Mortgage Investment Corp.)
REIT Qualification. The Company will use its best efforts to remain qualified meet the requirements for qualification and taxation as a REIT under the Code for its the taxable year ending ended December 31, 2017 2010 and the Company will use its best efforts to continue to meet the requirements to qualify for taxation as a REIT under the Code until unless the Board board of Directors trustees of the Company determines that it is no longer in the best interests of the Company and its stockholders to qualify as a REIT.
Appears in 2 contracts
Samples: Underwriting Agreement (Whitestone REIT), Underwriting Agreement (Whitestone REIT)
REIT Qualification. The Company will use its best efforts to remain qualified as a REIT for its taxable year ending December 31, 2017 and the Company will use its best efforts to continue to meet the requirements to qualify as a REIT under the Code for the taxable year ending December 31, 2017 and to continue to meet such requirements until the Board of Directors of the Company determines that it is no longer in the best interests of the Company and its stockholders to qualify as a REIT.
Appears in 2 contracts
Samples: Underwriting Agreement (Safety, Income & Growth, Inc.), Underwriting Agreement (Safety, Income & Growth, Inc.)
REIT Qualification. The Company will use its best efforts to remain qualified maintain its qualification and election to be taxed as a REIT under the Code for its taxable year ending December 31, 2017 2015 and the Company thereafter and will use its best efforts to continue to meet the requirements to qualify for taxation as a REIT under the Code until unless the Board board of Directors directors of the Company determines that it is no longer in the best interests of the Company and its stockholders to qualify as a REIT.
Appears in 2 contracts
Samples: Terms Agreement (Armada Hoffler Properties, Inc.), Terms Agreement (Armada Hoffler Properties, Inc.)
REIT Qualification. The Company will use its best efforts to remain qualified meet the requirements to continue to qualify as a REIT REIT, for its taxable year ending December 31, 2017 2014 and the Company will use its best efforts to continue to meet the requirements to qualify as a REIT under the Code thereafter until the Board of Directors of the Company determines that it is no longer in the best interests of the Company and its stockholders to qualify as a REIT.
Appears in 2 contracts
Samples: Underwriting Agreement (National Health Investors Inc), Underwriting Agreement (National Health Investors Inc)
REIT Qualification. The Company will use its best efforts to remain qualified as a REIT for its taxable year ending December 31, 2017 and the Company will use its best efforts to continue to meet the requirements to qualify as a REIT under the Code for the year ending December 31, 2017 and thereafter until the Board of Directors of the Company determines that it is no longer in the best interests of the Company and its stockholders to qualify as a REIT.
Appears in 2 contracts
Samples: Underwriting Agreement (TPG RE Finance Trust, Inc.), Underwriting Agreement (TPG RE Finance Trust, Inc.)
REIT Qualification. The Company will use its best efforts to remain qualified meet the requirements for qualification and taxation as a REIT under the Code for its taxable year ending December 31, 2017 and 2011 and, subject to any future determination by the Company will use its best efforts to continue to meet the requirements to qualify as a REIT under the Code until the Board Company’s board of Directors of the Company determines directors that it is no longer in the Company’s best interests of the Company and its stockholders to qualify as a REIT, thereafter.
Appears in 2 contracts
Samples: Underwriting Agreement (American Capital Mortgage Investment Corp.), Underwriting Agreement (American Capital Mortgage Investment Corp.)
REIT Qualification. The Company will use its best efforts to remain qualified meet the requirements for qualification and taxation as a REIT under the Code for its taxable year ending December 31, 2017 and the Company will use its best efforts 2011 and, subject to continue to meet the requirements to qualify as any future determination by a REIT under the Code until the Board of Directors majority of the Company determines independent members of the Company’s board of directors that it is no longer in the Company’s best interests of the Company and its stockholders to qualify as a REIT, thereafter.
Appears in 2 contracts
Samples: Purchase Agreement (Hatteras Financial Corp), Purchase Agreement (Hatteras Financial Corp)
REIT Qualification. The Company will use its best efforts to remain qualified as a REIT for its taxable year ending December 31, 2017 2019 and the Company will use its best efforts to continue to meet the requirements to qualify as a REIT under the Code until the Board of Directors of the Company determines that it is no longer in the best interests of the Company and its stockholders to qualify as a REIT.
Appears in 2 contracts
Samples: Underwriting Agreement (Plymouth Industrial REIT Inc.), Underwriting Agreement (Plymouth Industrial REIT Inc.)
REIT Qualification. The Company will use its best efforts to remain qualified meet the requirements for qualification and taxation as a REIT under the Code for its the taxable year ending December 31, 2017 2019 and the Company will use its best efforts to continue to meet the requirements to qualify for taxation as a REIT under the Code unless and until the Board board of Directors trustees of the Company determines that it is no longer in the best interests of the Company and its stockholders to qualify as a REIT.
Appears in 2 contracts
Samples: Equity Distribution Agreement (Whitestone REIT), Equity Distribution Agreement (Whitestone REIT)
REIT Qualification. The Company will use its best efforts to remain qualified as a REIT for its taxable year ending December 31, 2017 and the Company will use its best efforts to continue to meet the requirements to qualify as a REIT under the Code for the taxable year ending December 31, 2021 and thereafter until the Board of Directors of the Company determines that it is no longer in the best interests of the Company and its stockholders to qualify as a REIT.
Appears in 2 contracts
Samples: Underwriting Agreement (Claros Mortgage Trust, Inc.), Underwriting Agreement (Claros Mortgage Trust, Inc.)
REIT Qualification. The Company will To use its best efforts to remain qualified meet the requirements for taxation as a REIT under the Code for its taxable year ending December 31, 2017 2013 and the Company will use its best efforts to continue to meet the requirements to qualify as a REIT under the Code thereafter, unless and until the Board Company’s board of Directors of the Company directors determines in good faith that it is no longer in the best interests of the Company and its stockholders to qualify as a REITbe so qualified.
Appears in 2 contracts
Samples: Underwriting Agreement (Independence Realty Trust, Inc), Underwriting Agreement (Independence Realty Trust, Inc)
REIT Qualification. The Company will use its best efforts to remain qualified maintain its qualification and election to be taxed as a REIT under the Code for its taxable year ending December 31, 2017 2021 and the Company thereafter and will use its best efforts to continue to meet the requirements to qualify for taxation as a REIT under the Code until unless the Board board of Directors directors of the Company determines that it is no longer in the best interests of the Company and its stockholders to qualify as a REIT.
Appears in 2 contracts
Samples: Underwriting Agreement (Lument Finance Trust, Inc.), Underwriting Agreement (Lument Finance Trust, Inc.)
REIT Qualification. The Company will use its best efforts to remain qualified maintain its qualification and election to be taxed as a REIT under the Code for its taxable year ending December 31, 2017 2020 and the Company thereafter and will use its best efforts to continue to meet the requirements to qualify for taxation as a REIT under the Code until unless the Board board of Directors directors of the Company determines that it is no longer in the best interests of the Company and its stockholders to qualify as a REIT.
Appears in 2 contracts
Samples: Equity Offering Sales Agreement (Armada Hoffler Properties, Inc.), Underwriting Agreement (Armada Hoffler Properties, Inc.)
REIT Qualification. The Company will use its best efforts to remain qualified meet the requirements for qualification and taxation as a REIT under the Code for its taxable year ending December 31, 2017 and the Company will use its best efforts 2012 and, subject to continue to meet the requirements to qualify as any future determination by a REIT under the Code until the Board of Directors majority of the Company determines independent members of the Company’s board of directors that it is no longer in the Company’s best interests of the Company and its stockholders to qualify as a REIT, thereafter.
Appears in 2 contracts
Samples: Sales Agreement (CapLease, Inc.), Sales Agreement (CapLease, Inc.)
REIT Qualification. The Company will use its best efforts to remain qualified qualify and elect to be taxed as a REIT under the Code for its taxable year ending ended December 31, 2017 2022 and the Company thereafter and will use its best efforts to continue to meet the requirements to qualify for taxation as a REIT under the Code until unless the Board board of Directors directors of the Company determines that it is no longer in the best interests of the Company and its stockholders to qualify as a REIT.
Appears in 1 contract
Samples: Underwriting Agreement (Armada Hoffler Properties, Inc.)
REIT Qualification. The Company will use its best efforts to remain qualified meet the requirements to continue to qualify for taxation as a REIT REIT, for its taxable year ending December 31, 2017 2015 and the Company will use its best efforts to continue to meet the requirements to qualify for taxation as a REIT under the Code thereafter until the Board of Directors of the Company determines that it is no longer in the best interests of the Company and its stockholders to qualify as a REIT.
Appears in 1 contract
Samples: Equity Distribution Agreement (National Health Investors Inc)
REIT Qualification. The Company will use its best efforts to remain qualified meet the requirements for qualification and taxation as a REIT under the Code for its taxable year ending December 31, 2017 and the Company will use its best efforts 2013 and, subject to continue to meet the requirements to qualify as any future determination by a REIT under the Code until the Board of Directors majority of the Company determines independent members of the Company’s board of directors that it is no longer in the Company’s best interests of the Company and its stockholders to qualify as a REIT, thereafter.
Appears in 1 contract
Samples: CapLease, Inc.
REIT Qualification. The Company will use its best efforts to remain qualified meet the requirements for qualification and taxation as a REIT under the Code for its taxable year ending December 31, 2017 and the Company will use its best efforts 2006 and, subject to continue to meet the requirements to qualify as any future determination by a REIT under the Code until the Board of Directors majority of the Company determines independent members of the Company’s board of directors that it is no longer in the Company’s best interests of the Company and its stockholders to qualify as a REIT, thereafter.
Appears in 1 contract
REIT Qualification. The Company will use its best reasonable efforts to remain qualified meet the requirements for qualification and taxation as a REIT under the Code for its taxable year ending December 31, 2017 201_ and the Company will use its best efforts to continue to meet the requirements to qualify as a REIT under the Code until future taxable years unless the Board of Directors of the Company determines that it is no longer in the best interests of the Company and its stockholders to continue to qualify as a REIT.
Appears in 1 contract
REIT Qualification. The Company will use its best efforts to remain qualified qualify as a REIT REIT, effective for its taxable year ending December 31, 2017 2014 and the Company will use its best efforts to continue to meet the requirements to qualify as a REIT under the Code until the Board of Directors Trustees of the Company determines that it is no longer in the best interests of the Company and its stockholders shareholders to qualify as a REIT.
Appears in 1 contract
REIT Qualification. The Company will use its best efforts to remain qualified meet the requirements for qualification and taxation as a REIT under the Code for its taxable year ending December 31, 2017 and 2010 and, subject to any future determination by the Company will use its best efforts to continue to meet the requirements to qualify as a REIT under the Code until the Board Company’s board of Directors of the Company determines trustees that it is no longer in the Company’s best interests of the Company and its stockholders to qualify as a REIT, thereafter.
Appears in 1 contract
Samples: Sales Agreement (PennyMac Mortgage Investment Trust)
REIT Qualification. The Company will use its best efforts to remain qualified meet the requirements for qualification and taxation as a REIT under the Code for its taxable year ending December 31, 2017 and 2012 and, subject to any future determination by the Company will use its best efforts to continue to meet the requirements to qualify as a REIT under the Code until the Board Company’s board of Directors of the Company determines directors that it is no longer in the Company’s best interests of the Company and its stockholders to qualify as a REIT, thereafter.
Appears in 1 contract
Samples: Armour Residential REIT, Inc.
REIT Qualification. The Company will use its best reasonable efforts to remain qualified continue to meet the requirements for qualification and taxation as a REIT under the Code for its taxable year ending December 31, 2017 2018 and the Company will use its best efforts to continue to meet the requirements to qualify as a REIT under the Code until future taxable years unless the Board of Directors of the Company determines that it is no longer in the best interests of the Company and its stockholders to continue to qualify as a REIT.
Appears in 1 contract
Samples: Underwriting Agreement (Manhattan Bridge Capital, Inc)
REIT Qualification. The Company will use its best efforts to remain qualified maintain its qualification and election as a REIT for its taxable year ending December 31, 2017 2016 and the Company will use its best efforts to continue to meet the requirements to qualify as a REIT under the Code until the Board of Directors of the Company determines that it is no longer in the best interests of the Company and its stockholders to qualify as a REIT.
Appears in 1 contract
REIT Qualification. The Company will use its best efforts to remain qualified maintain its qualification and election as a REIT for its taxable year ending December 31, 2017 and the Company will use its best efforts to continue to meet the requirements to qualify as a REIT under the Code until the Board of Directors of the Company determines that it is no longer in the best interests of the Company and its stockholders to qualify as a REIT.
Appears in 1 contract
REIT Qualification. The Company will use its best efforts to remain qualified maintain its qualification and election as a REIT for its taxable year ending December 31, 2017 2015 and the Company will use its best efforts to continue to meet the requirements to qualify as a REIT under the Code until the Board of Directors of the Company determines that it is no longer in the best interests of the Company and its stockholders to qualify as a REIT.
Appears in 1 contract
REIT Qualification. The Company will use its best efforts to remain qualified as a REIT for its taxable year ending December 31, 2017 and the Company will use its best efforts to continue to meet the requirements for qualification and taxation as a REIT under the Code for its taxable year ending September 30, 2021, and all future taxable years, subject to any future good faith determination by the Company’s board of directors that it is no longer in the Company’s best interests to qualify as a REIT under the Code until the Board of Directors of the Company determines that it is no longer in the best interests of the Company and its stockholders to qualify as a REITCode.
Appears in 1 contract
Samples: Monmouth Real Estate Investment Corp
REIT Qualification. The Company will use its best efforts to remain qualified qualify and elect to be taxed as a REIT under the Code for its taxable year ending ended December 31, 2017 2016 and the Company thereafter and will use its best efforts to continue to meet the requirements to qualify for taxation as a REIT under the Code until unless the Board board of Directors directors of the Company determines that it is no longer in the best interests of the Company and its stockholders to qualify as a REIT.
Appears in 1 contract
Samples: Underwriting Agreement (Armada Hoffler Properties, Inc.)
REIT Qualification. The Company will use its best efforts to remain qualified meet the requirements for qualification and taxation as a REIT under the Code for its the taxable year ending December 31, 2017 2013 and the Company will use its best efforts to continue to meet the requirements to qualify for taxation as a REIT under the Code until unless the Board board of Directors trustees of the Company determines that it is no longer in the best interests of the Company and its stockholders to qualify as a REIT.
Appears in 1 contract
Samples: Whitestone Reit (Whitestone REIT)
REIT Qualification. The Company will use its best efforts to remain qualified maintain its qualification and election as a REIT for its taxable year ending December 31, 2017 2014 and the Company will use its best efforts to continue to meet the requirements to qualify as a REIT under the Code until the Board of Directors of the Company determines that it is no longer in the best interests of the Company and its stockholders to qualify as a REIT.
Appears in 1 contract
REIT Qualification. The Company will use its best efforts to remain qualified meet the requirements to continue to qualify as a REIT REIT, for its taxable year ending December 31, 2017 2013 and the Company will use its best efforts to continue to meet the requirements to qualify as a REIT under the Code thereafter until the Board of Directors of the Company determines that it is no longer in the best interests of the Company and its stockholders to qualify as a REIT.
Appears in 1 contract
Samples: Underwriting Agreement (National Health Investors Inc)
REIT Qualification. The Company will use its best efforts to remain qualified qualify and to elect to qualify as a REIT for REIT, effective as of the first day of its short taxable year ending December 31, 2017 2009 and the Company thereafter will use its best efforts to continue to meet the requirements to qualify as a REIT under the Code until the Board of Directors Trustees of the Company determines that it is no longer in the best interests of the Company and its stockholders to qualify as a REIT.
Appears in 1 contract
REIT Qualification. The Company will use its best efforts to remain qualified as a REIT for its taxable year ending December 31, 2017 2020 and the Company will use its best efforts to continue to meet the requirements to qualify as a REIT under the Code until the Board of Directors of the Company determines that it is no longer in the best interests of the Company and its stockholders to qualify as a REIT.
Appears in 1 contract
Samples: Underwriting Agreement (Plymouth Industrial REIT Inc.)
REIT Qualification. The Company will use its best efforts to remain qualified meet the requirements to continue to qualify for taxation as a REIT REIT, for its taxable year ending December 31, 2017 2020 and the Company will use its best efforts to continue to meet the requirements to qualify for taxation as a REIT under the Code thereafter until the Board of Directors of the Company determines that it is no longer in the best interests of the Company and its stockholders to qualify as a REIT.
Appears in 1 contract
Samples: Equity Distribution Agreement (National Health Investors Inc)
REIT Qualification. The Company will use its best efforts to remain qualified meet the requirements for qualification and taxation as a REIT under the Code for its taxable year ending December 31, 2017 and the Company will use its best efforts 2010 and, subject to continue to meet the requirements to qualify as any future determination by a REIT under the Code until the Board of Directors majority of the Company determines independent members of the Company’s board of directors that it is no longer in the Company’s best interests of the Company and its stockholders to qualify as a REIT, thereafter.
Appears in 1 contract
REIT Qualification. The Company will use its best efforts to remain qualified meet the requirements for qualification and taxation as a REIT under the Code for its taxable year ending December 31, 2017 and the Company will use its best efforts 2008, subject to continue to meet the requirements to qualify as any future determination by a REIT under the Code until the Board of Directors majority of the Company determines independent members of the Company’s board of directors that it is no longer in the Company’s best interests of the Company and its stockholders to qualify as a REIT, thereafter.
Appears in 1 contract
REIT Qualification. The Company will use its best efforts to remain qualified maintain its qualification and election to be taxed as a REIT under the Code for its taxable year ending December 31, 2017 2022 and the Company thereafter and will use its best efforts to continue to meet the requirements to qualify for taxation as a REIT under the Code until unless the Board board of Directors directors of the Company determines that it is no longer in the best interests of the Company and its stockholders to qualify as a REIT.
Appears in 1 contract
Samples: Dealer Manager Agreement (Lument Finance Trust, Inc.)
REIT Qualification. The Company will use its best efforts to remain qualified meet the requirements to continue to qualify as a REIT REIT, for its taxable year ending December 31, 2017 2021 and the Company will use its best efforts to continue to meet the requirements to qualify as a REIT under the Code thereafter until the Board of Directors of the Company determines that it is no longer in the best interests of the Company and its stockholders to qualify as a REIT.
Appears in 1 contract
Samples: Underwriting Agreement (National Health Investors Inc)
REIT Qualification. The Company will use its best efforts to remain qualified meet the requirements for qualification and taxation as a REIT under the Code for its the taxable year ending December 31, 2017 and the Company will use its best efforts to continue to meet the requirements to qualify for taxation as a REIT under the Code until unless the Board board of Directors trustees of the Company determines that it is no longer in the best interests of the Company and its stockholders to qualify as a REIT.
Appears in 1 contract
REIT Qualification. The Company will use its best efforts to remain qualified meet the requirements for qualification and taxation as a REIT under the Code for its taxable year ending December 31, 2017 and 2008 and, subject to any future determination by the Company will use its best efforts to continue to meet the requirements to qualify as a REIT under the Code until the Board Company’s board of Directors of the Company determines directors that it is no longer in the Company’s best interests of the Company and its stockholders to qualify as a REIT, thereafter.
Appears in 1 contract
Samples: American Capital Agency Corp
REIT Qualification. The Company will use its best efforts to remain qualified as a REIT for its taxable year ending December 31, 2017 and the Company will use its best efforts to continue to meet the requirements to qualify as a REIT under the Code for the year ending December 31, 2019 and thereafter until the Board of Directors of the Company determines that it is no longer in the best interests of the Company and its stockholders to qualify as a REIT.
Appears in 1 contract
Samples: Underwriting Agreement (TPG RE Finance Trust, Inc.)
REIT Qualification. The Company will use its best efforts to remain qualified as a REIT for its taxable year ending December 31, 2017 and the Company will use its best efforts to continue to meet the requirements for qualification and taxation as a REIT under the Code for its taxable year ending September 30, 2020, and all future taxable years, subject to any future good faith determination by the Company’s board of directors that it is no longer in the Company’s best interests to qualify as a REIT under the Code until the Board of Directors of the Company determines that it is no longer in the best interests of the Company and its stockholders to qualify as a REITCode.
Appears in 1 contract
Samples: Monmouth Real Estate Investment Corp
REIT Qualification. The Company will use its best efforts to remain qualified maintain its qualification and election to be taxed as a REIT under the Code for its taxable year ending December 31, 2017 2019 and the Company thereafter and will use its best efforts to continue to meet the requirements to qualify for taxation as a REIT under the Code until unless the Board board of Directors directors of the Company determines that it is no longer in the best interests of the Company and its stockholders to qualify as a REIT.
Appears in 1 contract
Samples: Underwriting Agreement (Armada Hoffler Properties, Inc.)
REIT Qualification. The Company will use its best efforts to remain qualified meet the requirements for qualification and taxation as a REIT under the Code for its short taxable year ending December 31, 2017 2015 and the Company will use its best efforts to continue to meet the requirements to qualify for taxation as a REIT under the Code until the Board of Directors of the Company determines that it is no longer in the best interests of the Company and its stockholders to qualify as a REIT.
Appears in 1 contract
Samples: Underwriting Agreement (Community Healthcare Trust Inc)
REIT Qualification. The Company will use its best efforts to remain qualified qualify as a REIT REIT, effective for its taxable year ending December 31, 2017 2013 and the Company will use its best efforts to continue to meet the requirements to qualify as a REIT under the Code until the Board of Directors Trustees of the Company determines that it is no longer in the best interests of the Company and its stockholders shareholders to qualify as a REIT.
Appears in 1 contract
REIT Qualification. The Company will use its best efforts to remain qualified meet the requirements for qualification and taxation as a REIT under the Code for its the taxable year ending ended December 31, 2017 2011 and the Company will use its best efforts to continue to meet the requirements to qualify for taxation as a REIT under the Code until unless the Board board of Directors trustees of the Company determines that it is no longer in the best interests of the Company and its stockholders to qualify as a REIT.
Appears in 1 contract
REIT Qualification. The Company will use its best efforts to remain qualified meet the requirements for qualification and taxation as a REIT under the Code for its the taxable year ending December 31, 2017 2012 and the Company will use its best efforts to continue to meet the requirements to qualify for taxation as a REIT under the Code until unless the Board board of Directors trustees of the Company determines that it is no longer in the best interests of the Company and its stockholders to qualify as a REIT.
Appears in 1 contract
REIT Qualification. The Company will use its best efforts to remain qualified qualify and to elect to qualify as a REIT REIT, effective for its taxable year ending December 31, 2017 2011 and the Company will use its best efforts to continue to meet the requirements to qualify as a REIT under the Code until the Board of Directors Trustees of the Company determines that it is no longer in the best interests of the Company and its stockholders shareholders to qualify as a REIT.
Appears in 1 contract
REIT Qualification. The Company will use its best efforts to remain qualified meet the requirements to continue to qualify for taxation as a REIT REIT, for its taxable year ending December 31, 2017 and the Company will use its best efforts to continue to meet the requirements to qualify for taxation as a REIT under the Code thereafter until the Board of Directors of the Company determines that it is no longer in the best interests of the Company and its stockholders to qualify as a REIT.
Appears in 1 contract
Samples: Equity Distribution Agreement (National Health Investors Inc)
REIT Qualification. The Company will use its best efforts to remain qualified meet the requirements for qualification and taxation as a REIT under the Internal Revenue Code for its taxable year ending December 31, 2017 and the Company will use its best efforts to continue to meet the requirements to qualify as a REIT under the Code until 2009 and, unless the Board of Directors of the Company determines that it is no longer in the best interests of the Company and or its stockholders to qualify maintain the Company’s qualification as a REIT, thereafter.
Appears in 1 contract
Samples: Underwriting Agreement (Walter Investment Management Corp)
REIT Qualification. The Company will use its best efforts to remain qualified meet the requirements for qualification and taxation as a REIT under the Code for its taxable year ending December 31, 2017 and the Company will use its best efforts 2009 and, subject to continue to meet the requirements to qualify as any future determination by a REIT under the Code until the Board of Directors majority of the Company determines independent members of the Company’s board of directors that it is no longer in the Company’s best interests of the Company and its stockholders to qualify as a REIT, thereafter.
Appears in 1 contract
REIT Qualification. The Company will use its best reasonable efforts to remain qualified continue to meet the requirements for qualification and taxation as a REIT under the Code for its taxable year ending December 31, 2017 2021 and the Company will use its best efforts to continue to meet the requirements to qualify as a REIT under the Code until future taxable years unless the Board of Directors of the Company determines that it is no longer in the best interests of the Company and its stockholders to continue to qualify as a REIT.
Appears in 1 contract
Samples: Underwriting Agreement (Manhattan Bridge Capital, Inc)
REIT Qualification. The Company will use its best efforts to remain qualified meet the requirements for qualification and taxation as a REIT under the Code for its taxable year ending December 31, 2017 and the Company will use its best efforts 2008 and, subject to continue to meet the requirements to qualify as any future determination by a REIT under the Code until the Board of Directors majority of the Company determines independent members of the Company’s board of directors that it is no longer in the Company’s best interests of the Company and its stockholders to qualify as a REIT, thereafter.
Appears in 1 contract
REIT Qualification. The Company will use its best efforts to remain qualified meet the requirements to continue to qualify for taxation as a REIT REIT, for its taxable year ending December 31, 2017 2023 and the Company will use its best efforts to continue to meet the requirements to qualify for taxation as a REIT under the Code thereafter until the Board of Directors of the Company determines that it is no longer in the best interests of the Company and its stockholders to qualify as a REIT.
Appears in 1 contract
Samples: Equity Distribution Agreement (National Health Investors Inc)
REIT Qualification. The Company will use its best efforts to remain qualified as a REIT for its taxable year ending December 31, 2017 and the Company will use its best efforts to continue to meet the requirements to qualify as a REIT under the Code for the year ending December 31, 2021 and thereafter until the Board of Directors of the Company determines that it is no longer in the best interests of the Company and its stockholders to qualify as a REIT.
Appears in 1 contract
Samples: Underwriting Agreement (TPG RE Finance Trust, Inc.)
REIT Qualification. The Company will use its best efforts to remain qualified as a REIT for its taxable year ending December 31, 2017 and the Company will use its best efforts to continue to meet the requirements to qualify as a REIT under the Code for the year ending December 31, 2017 and to continue to meet such requirements until the Board of Directors Trustees of the Company determines that it is no longer in the best interests of the Company and its stockholders shareholders to qualify as a REIT.
Appears in 1 contract
Samples: Underwriting Agreement (Four Springs Capital Trust)
REIT Qualification. The Company will use its best efforts to remain qualified maintain its qualification and election as a REIT for its taxable year ending December 31, 2017 2019 and the Company will use its best efforts to continue to meet the requirements to qualify as a REIT under the Code until the Board of Directors of the Company determines that it is no longer in the best interests of the Company and its stockholders to qualify as a REIT.
Appears in 1 contract
REIT Qualification. The Company will use its best efforts to remain qualified maintain its qualification and election as a REIT for its taxable year ending December 31, 2017 2021 and the Company will use its best efforts to continue to meet the requirements to qualify as a REIT under the Code until the Board of Directors of the Company determines that it is no longer in the best interests of the Company and its stockholders to qualify as a REIT.
Appears in 1 contract
REIT Qualification. The Company will use its best efforts to remain qualified maintain its qualification and election as a REIT for its taxable year ending December 31, 2017 2018 and the Company will use its best efforts to continue to meet the requirements to qualify as a REIT under the Code until the Board of Directors of the Company determines that it is no longer in the best interests of the Company and its stockholders to qualify as a REIT.
Appears in 1 contract
REIT Qualification. The Company will use its best efforts to remain qualified as a REIT for its taxable year ending December 31, 2017 and the Company will use its best efforts to continue to meet the requirements to qualify as a REIT under the Code for the year ending December 31, 2018 and thereafter until the Board of Directors of the Company determines that it is no longer in the best interests of the Company and its stockholders to qualify as a REIT.
Appears in 1 contract
Samples: Underwriting Agreement (TPG RE Finance Trust, Inc.)
REIT Qualification. The Company will use its best efforts to remain qualified maintain its qualification and election as a REIT for its taxable year ending December 31, 2017 2013 and the Company will use its best efforts to continue to meet the requirements to qualify as a REIT under the Code until the Board of Directors of the Company determines that it is no longer in the best interests of the Company and its stockholders to qualify as a REIT.
Appears in 1 contract