STATUS FOR REIT OWNERSHIP AND INCOME TESTS. Following the Closing Date, and at all subsequent times during which the Investor or the Pecuniary Owner owns any of the Shares, applying the stock ownership rules of Section 856(h) of the Code, the representation set forth in Section 4.8 will remain true and correct.
Appears in 3 contracts
Samples: Common Share Purchase Agreement (American Industrial Properties Reit Inc), Common Share Purchase Agreement (American Industrial Properties Reit Inc), Common Share Purchase Agreement (American Industrial Properties Reit Inc)
STATUS FOR REIT OWNERSHIP AND INCOME TESTS. Following the First ------------------------------------------ Closing Date, and at all subsequent times during which the Investor or the Pecuniary Owner any Buyer owns any of the Shares, applying the stock ownership rules of Section 856(h) of the Code, the representation set forth in Section 4.8 will remain true and correct.
Appears in 1 contract
Samples: Common Share Purchase Agreement (Morgan Stanley Dean Witter Discover & Co)
STATUS FOR REIT OWNERSHIP AND INCOME TESTS. Following the First Closing Date, and at all subsequent times during which the Investor or the Pecuniary Owner any Buyer owns any of the Shares, applying the stock ownership rules of Section 856(h) of the Code, the representation set forth in Section 4.8 will remain true and correct.
Appears in 1 contract
Samples: Common Share Purchase Agreement (American Industrial Properties Reit Inc)
