Common use of REIT Treatment Clause in Contracts

REIT Treatment. The Company will use its best efforts to 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 to continue to qualify for taxation as a REIT under the Code and will not take any action to revoke or otherwise terminate the Company’s REIT election, unless the Company’s board of directors determines in good faith that it is no longer in the best interests of the Company to be so qualified.

REIT Treatment. The Company will use its best efforts to meet the requirements for qualification and taxation as a REIT under the Code for its taxable year ending December 31, 20172021, and the Company will use its best efforts to continue to qualify for taxation as a REIT under the Code and will not take any action to revoke or otherwise terminate the Company’s REIT election, unless the Company’s board of directors determines in good faith that it is no longer in the best interests of the Company to be so qualified.

REIT Treatment. The Company will use its best efforts to meet the requirements for qualification and taxation as a REIT under the Code for its taxable year ending December 31, 20172015, and the Company will use its best efforts to continue to qualify for taxation as a REIT under the Code and will not take any action to revoke or otherwise terminate the Company’s REIT election, unless the Company’s board of directors determines in good faith that it is no longer in the best interests of the Company to be so qualified.

REIT Treatment. The Company will use its best efforts 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 qualify for taxation as a REIT under the Code and will not take any action to revoke or otherwise terminate the Company’s REIT electioneach subsequent year thereafter, unless and until the Company’s board of directors determines in good faith that it is no longer in the best interests of the Company and its stockholders to be so qualified.

REIT Treatment. The Company will use its best efforts 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 qualify for taxation as a REIT under the Code and will not take any action to revoke or otherwise terminate the Company’s REIT electioneach subsequent year thereafter, unless and until the Company’s board of directors determines in good faith that it is no longer in the best interests of the Company and its stockholders to be so qualified.

REIT Treatment. The Company will use its best efforts to meet the requirements for qualification and taxation as a REIT under the Code for its taxable year ending December 31, 2017, 2015 and the Company will use its best efforts to continue to qualify for taxation as a REIT under the Code and will not take any action to revoke or otherwise terminate the Company’s REIT electioneach subsequent year thereafter, unless and until the Company’s board of directors determines in good faith that it is no longer in the best interests of the Company and its stockholders to be so qualified.

REIT Treatment. The Company will use its best efforts to meet the requirements for qualification and taxation as a REIT under the Code for its taxable year ending December 31, 20172012, and the Company will use its best efforts to continue to qualify for taxation as a REIT under the Code for subsequent tax years unless and will not take any action to revoke or otherwise terminate the Company’s REIT election, unless until the Company’s board of directors determines in good faith that it is no longer in the best interests of the Company and its stockholders to be so qualified.

REIT Treatment. The Company will use its best efforts to meet the requirements for qualification and 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 qualify for taxation as a REIT under the Code and will not take any action to revoke or otherwise terminate the Company’s REIT electioneach subsequent year thereafter, unless and until the Company’s board of directors determines in good faith that it is no longer in the best interests of the Company and its stockholders to be so qualified.

REIT Treatment. The Company will use its best efforts to meet the requirements for qualification and taxation as a REIT under the Code for its taxable year ending December 31, 20172018, and the Company will use its best efforts to continue to qualify meet the requirements for qualification and taxation as a REIT under the Code unless and will not take any action to revoke or otherwise terminate the Company’s REIT election, unless until the Company’s board of directors determines in good faith that it is no longer in the best interests interest of the Company and its stockholders to be so qualified.

REIT Treatment. The Company will use its best efforts currently intends to meet the requirements for qualification and taxation continue to qualify as a REIT under the Code for its taxable year ending December 31, 2017, and the Company will use its best efforts to continue to meet the requirements to so qualify for taxation as a REIT under the Code and will not take any action to revoke or otherwise terminate the Company’s REIT election's taxable year ending April 30, 2014 and for subsequent tax years unless the Company’s board 's Board of directors Trustees determines in good faith that it is no longer in the best interests of the Company's shareholders for the Company to be so qualifiedcontinue to qualify as a REIT.

REIT Treatment. The Company will use its best efforts to continue to meet the requirements for qualification and taxation to qualify as a REIT under the Code for its taxable year ending December 31September 30, 20172020, and the Company will use its best efforts all future taxable years, subject to continue to qualify for taxation as a REIT under the Code and will not take any action to revoke or otherwise terminate future good faith determination by the Company’s REIT election, unless the Company’s board Board of directors determines in good faith Directors that it is no longer in the Company’s best interests of to qualify as a REIT under the Company to be so qualifiedCode.

REIT Treatment. The Company will use its best efforts to 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 to continue to qualify meet the requirements for qualification and taxation as a REIT under the Code unless and will not take any action to revoke or otherwise terminate the Company’s REIT election, unless until the Company’s board of directors determines in good faith that it is no longer in the best interests interest of the Company and its stockholders to be so qualified.

REIT Treatment. 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 the taxable year ending December 31, 2017, 2009 and for its future taxable years that include any portion of the Company will use its best efforts to continue to qualify for taxation as a REIT under the Code and will not take any action to revoke or otherwise terminate the Company’s REIT electionterm of this Agreement, unless the Company’s board Board of directors Trustees determines in good faith that it is no longer in the best interests of the Company to be so qualified.

REIT Treatment. The Company will (i) use its best efforts to continue to meet the requirements for qualification and taxation as a REIT under the Code for its the taxable year ending December 31, 2017, 2009 and the Company will use for its best efforts to continue to qualify for taxation as a REIT under the Code and will not take any action to revoke or otherwise terminate the Company’s REIT electionfuture taxable years, unless the Company’s board Board of directors Trustees determines in good faith that it is no longer in the best interests of the Company to be so qualified, and (ii) will promptly notify the Purchaser if the Company determines that it has failed or is reasonably likely to fail to qualify as a REIT.

REIT Treatment. The Company will use its best efforts (i)continue to meet the requirements for qualification and taxation as a REIT under the Code for its the taxable year ending December 31, 20172011 and for its future taxable years, unless the Company Board determines that it is no longer in the best interests of the Company to be so qualified, and (ii) will promptly notify the Purchaser if the Company will use its best efforts determines that it has failed or is reasonably likely to continue fail to qualify for taxation as a REIT under or if the Code and will not take any action to revoke or otherwise terminate the Company’s REIT election, unless the Company’s board of directors Company Board determines in good faith that it is no longer in the best interests of the Company to be so qualified.