Common use of REIT-Specific Representations and Warranties Clause in Contracts

REIT-Specific Representations and Warranties. Such Partner represents and warrants that: (a) such Partner is not an individual for purposes of Section 542(a)(2) of the Code (determined after taking into account Section 856(h) of the Code) and (b) no Person who is treated as an individual under Section 542(a)(2) of the Code (determined after taking into account Section 856(h) of the Code) that is a direct or indirect owner of such Partner beneficially owns, or in the future will beneficially own, greater than 9.8% of such Partner.

REIT-Specific Representations and Warranties. Such Each Limited Partner represents and warrants that: (a) such Limited Partner is not an individual for purposes of Section 542(a)(2) of the Code (determined after taking into account Section 856(h) of the Code) and (b) no Person who is treated as an individual under Section 542(a)(2) of the Code (determined after taking into account Section 856(h) of the Code) that is a direct or indirect owner of such Limited Partner beneficially owns, or in the future will beneficially own, greater than 9.8% of such Limited Partner.