Tax Status of Borrower. Borrower is not a “foreign person” within the meaning of Sections 1445 and 7701 of the Internal Revenue Code of 1986, as amended, and the regulations thereunder.
Appears in 8 contracts
Samples: Mortgage and Security Agreement, Security Agreement (250 West 57th St Associates L.L.C.), Mortgage and Security Agreement (250 West 57th St Associates L.L.C.)
Tax Status of Borrower. Borrower is not a “foreign person” within the meaning of Sections 1445 and 7701 of the Internal Revenue Code of 1986, as amended, and the regulations thereunderthereunder (the “Revenue Code”). Borrower further represents and warrants to Lender that Borrower is not a “disregarded entity” as defined in Section 1.1445-2(b)(2)(iii) of the Income Tax Regulations issued under the Revenue Code.
Appears in 7 contracts
Samples: Agreement (60 East 42nd Street Associates L.L.C.), And Consolidated Mortgage and Security Agreement (Mack Cali Realty Corp), And Consolidated Mortgage and Security Agreement (Mack Cali Realty L P)
Tax Status of Borrower. Borrower is not a “"foreign person” " within the meaning of Sections 1445 and 7701 of the Internal Revenue Code of 1986, as amended, and the regulations thereunder.
Appears in 2 contracts
Samples: Mortgage and Security Agreement (Cornerstone Realty Income Trust Inc), Mortgage and Security Agreement (Cornerstone Realty Income Trust Inc)
Tax Status of Borrower. Borrower is shall not be a “foreign person” within the meaning of Sections 1445 and 7701 of the Internal Revenue Code Code. Borrower currently is a “disregarded entity” as defined in Section 1.1445-2(b)(2)(iii) of 1986, as amendedthe Income Tax Regulations issued under the Revenue Code, and Borrower shall not change such tax status if such change would violate the regulations thereunderprovisions of Section 5.01 below.
Appears in 1 contract
Tax Status of Borrower. Borrower is not a “foreign person” within the meaning of Sections 1445 and 7701 of the Internal Revenue Code of 1986, as amended, and the regulations thereunderthereunder (the “Code”). Borrower further represents and warrants to Lender that Borrower is not a “disregarded entity” as defined in Section 1.1445-2(b)(2)(iii) of the Income Tax Regulations issued under the Code.
Appears in 1 contract
Samples: Trust and Security Agreement (CNL Income Properties Inc)
