Common use of Tax Loans Clause in Contracts

Tax Loans. The General Partner or the General Partner Entity may in its sole and absolute discretion, cause the Partnership to make an interest free loan to the General Partner or the General Partner Entity, as applicable, provided that the proceeds of such loans are used to satisfy any tax liabilities of the General Partner or the General Partner Entity, as applicable.

Appears in 19 contracts

Samples: Agreement (Four Corners Property Trust, Inc.), Agreement and Plan of Merger (New York REIT, Inc.), www.sec.gov

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Tax Loans. The General Partner or the General Partner Entity Parent may in its sole and absolute discretion, cause the Partnership to make an interest free loan to the General Partner or the General Partner EntityParent, as applicable, provided that the proceeds of such loans are used to satisfy any tax liabilities of the General Partner or the General Partner EntityParent, as applicable.

Appears in 6 contracts

Samples: Agreement (Broad Street Realty, Inc.), Agreement (Education Realty Operating Partnership L P), MedEquities Realty Trust, Inc.

Tax Loans. The General Partner or the General Partner Entity may in its sole and absolute discretion, cause the Partnership to make an interest free loan to the General Partner or the General Partner Entity, as applicable, Entity provided that the proceeds of such loans are used to satisfy any tax liabilities of the General Partner or the General Partner Entity, as applicable.

Appears in 2 contracts

Samples: Republic Property Trust, Republic Property Trust

Tax Loans. The General Partner or the General Partner Entity Parent may in its sole and absolute discretion, cause the Partnership to make an interest free loan to the General Partner or the General Partner EntityParent, as applicable, provided that the proceeds of such loans are used to satisfy any tax liabilities of the General Partner or the General Partner EntityParent, as applicable.

Appears in 2 contracts

Samples: Parkway, Inc., Parkway, Inc.

Tax Loans. The General Partner or the General Partner Entity may in its sole and absolute discretion, cause the Partnership to make an interest free loan to the General Partner or the General Partner Entity, as applicablePartner, provided that the proceeds of such loans are used to satisfy any tax liabilities of the General Partner or the General Partner Entity, as applicablePartner.

Appears in 2 contracts

Samples: Agreement (Pillarstone Capital Reit), Agreement (Whitestone REIT)

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Tax Loans. The General Partner or the General Partner Entity may may, in its sole and absolute discretion, cause the Partnership to make an interest free loan to the General Partner or the General Partner Entity, as applicablePartner, provided that the proceeds of such loans are used to satisfy any tax liabilities of the General Partner or the General Partner Entity, as applicablePartner.

Appears in 2 contracts

Samples: Steadfast Apartment REIT, Inc., Steadfast Apartment REIT, Inc.

Tax Loans. The General Partner or the General Partner Entity may in its sole and absolute discretion, cause the Partnership to make an interest free loan to the General Partner or the General Partner EntityPartner, as applicable, provided that the proceeds of such loans are used to satisfy any tax liabilities of the General Partner or the General Partner EntityPartner, as applicable.

Appears in 1 contract

Samples: Jernigan Capital, Inc.

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