Common use of REIT Qualification Clause in Contracts

REIT Qualification. The Company will use its best efforts to continue to meet the requirements to qualify as a “real estate investment trust” under the Code unless the Company’s Board of Directors determines in good faith that it is no longer in the best interest of the Company and its stockholders to be so qualified.

Appears in 15 contracts

Samples: Underwriting Agreement (Arbor Realty Trust Inc), Underwriting Agreement (Arbor Realty Trust Inc), Underwriting Agreement (Arbor Realty Trust Inc)

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REIT Qualification. The Company will use its best efforts to continue to meet the requirements to qualify as a “real estate investment trust” under the Code unless the Company’s Board of Directors determines in good faith that it is no longer in the best interest of for so long as the Company and its stockholders intends to be so qualifiedqualify.

Appears in 12 contracts

Samples: Underwriting Agreement (LXP Industrial Trust), Underwriting Agreement (Lexington Realty Trust), Underwriting Agreement (Lexington Realty Trust)

REIT Qualification. The Company will shall use its best efforts to continue to meet the requirements to qualify for qualification and taxation as a “real estate investment trust” under the Code unless until the Company’s Board of Directors of the Company determines in good faith that it is no longer in the best interest interests of the Company and its stockholders to be so qualifiedqualify.

Appears in 9 contracts

Samples: Underwriting Agreement (Simon Property Group L P /De/), Underwriting Agreement (Simon Property Group L P /De/), Underwriting Agreement (Simon Property Group L P /De/)

REIT Qualification. The Company will use its best efforts to continue to meet the requirements requirement to qualify as a "real estate investment trust" under the Code unless for each of its taxable years for so long as the Company’s Board board of Directors determines in good faith that trustees deems it is no longer in the best interest interests of the Company and its stockholders Company's shareholders to be remain so qualified.

Appears in 5 contracts

Samples: Underwriting Agreement (Keystone Property Trust), Purchase Agreement (Keystone Property Trust), Purchase Agreement (Keystone Property Trust)

REIT Qualification. The Company will use its best efforts to continue to meet the requirements requirement to qualify as a "real estate investment trust" under the Code unless for each of its taxable years for so long as the Company’s Board board of Directors determines in good faith that directors deems it is no longer in the best interest interests of the Company and its Company's stockholders to be remain so qualified.

Appears in 3 contracts

Samples: Purchase Agreement (Cedar Shopping Centers Inc), Health Care Reit Inc /De/, Nationwide Health Properties Inc

REIT Qualification. The Company will use its best efforts to continue to meet the requirements requirement to qualify as a “real estate investment trust” under the Code unless for each of its taxable years for so long as the board of trustees deems it in the best interests of the Company’s Board of Directors determines in good faith that it is no longer in the best interest of the Company and its stockholders shareholders to be remain so qualified.

Appears in 2 contracts

Samples: Purchase Agreement (Keystone Property Trust), Purchase Agreement (Keystone Property Trust)

REIT Qualification. The Company will use its best efforts to continue to meet the requirements requirement to qualify as a "real estate investment trust" under the Code unless for each of its taxable years for so long as the Company’s Board board of Directors determines in good faith that directors deems it is no longer in the best interest interests of the Company and its stockholders Company's shareholders to be remain so qualified.

Appears in 2 contracts

Samples: Agency Agreement (Developers Diversified Realty Corp), Agency Agreement (United Dominion Realty Trust Inc)

REIT Qualification. The Company will use its best efforts to cause the Company to continue to meet the requirements to qualify as a “real estate investment trust” under the Code unless the Company’s Board of Directors determines in good faith that it is no longer in the best interest of for so long as the Company and its stockholders intends to be so qualifiedqualify.

Appears in 1 contract

Samples: Underwriting Agreement (Lexington Realty Trust)

REIT Qualification. The Company will use its commercially reasonable best efforts to continue to meet the requirements to qualify as a "real estate investment trust" under the Code unless the Company’s Board of Directors determines in good faith that it is no longer in the best interest of the Company and its stockholders to be so qualifiedCode.

Appears in 1 contract

Samples: Management Agreement (Gramercy Capital Corp)

REIT Qualification. The Company will use its best efforts to continue to meet the requirements to qualify as a “real estate investment trust” under the Code unless for each of its taxable years for so long as the Company’s Board board of Directors determines in good faith that trustees deems it is no longer in the best interest interests of the Company and its stockholders Company’s shareholders to be remain so qualified.

Appears in 1 contract

Samples: Underwriting Agreement (Equity Office Properties Trust)

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REIT Qualification. The Company will use its best efforts to continue to meet the requirements to qualify as a "real estate investment trust" under the Code unless the Company’s Board for each of Directors determines in good faith that its taxable years for so long as its board of directors deems it is no longer in the best interest interests of the Company and its stockholders Company's shareholders to be remain so qualified.

Appears in 1 contract

Samples: Mills Corp

REIT Qualification. The Company will use its best efforts to continue to meet the requirements to qualify as a "real estate investment trust" under the Code unless for each of its taxable years for so long as the Company’s Board of Directors determines in good faith that Trust Managers deems it is no longer in the best interest interests of the Company and its stockholders Company's shareholders to be remain so qualified.

Appears in 1 contract

Samples: Crescent Real Estate Equities Co

REIT Qualification. The Company will use its best efforts to continue to meet the requirements to qualify for qualification as a “real estate investment trust” under the Code for each of its current and subsequent taxable years, unless otherwise found by the Company’s Board of Directors determines in good faith that it is no longer not to be in the best interest interests of the Company and its stockholders to be so qualifiedCompany.

Appears in 1 contract

Samples: Underwriting Agreement (Reckson Operating Partnership Lp)

REIT Qualification. The Company will use its best efforts to continue to meet the requirements to qualify as a "real estate investment trust" under the Code unless for each of its taxable years for so long as the Company’s Board of Directors determines in good faith that of the Company deems it is no longer in the best interest interests of the Company and its stockholders Company's shareholders to be remain so qualified.

Appears in 1 contract

Samples: Management Agreement (Arbor Realty Trust Inc)

REIT Qualification. The Company will use its best efforts to continue to meet the requirements requirement to qualify as a "real estate investment trust" under the Code unless for each of its taxable years for so long as the Company’s Board 's board of Directors determines in good faith that directors deems it is no longer in the best interest interests of the Company and its stockholders Company's shareholders to be remain so qualified.

Appears in 1 contract

Samples: Apartment Investment & Management Co

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