Common use of REIT Savings Clause Clause in Contracts

REIT Savings Clause. No term or provision of this Assignment shall be interpreted or construed to result in treatment of Assignee or its affiliates in a manner that would subject Xxxxxxx Assignee or its affiliates to a material risk of failing to satisfy the requirements of the Internal Revenue Code of 1986, as amended, relating to its status as a REIT, the parties agree to use their respective best efforts to modify the terms hereof to prevent such occurrence.

Appears in 9 contracts

Samples: Assignment of Asset Purchase Agreement (Griffin-American Healthcare REIT IV, Inc.), Assignment of Asset Purchase Agreement (Griffin-American Healthcare REIT IV, Inc.), Assignment of Asset Purchase Agreement (Griffin-American Healthcare REIT IV, Inc.)

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