Equity Inns definition

Equity Inns means Equity Inns, Inc., a Tennessee corporation.
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Equity Inns means Equity Inns, Inc.
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Equity Inns means Equity Inns Partnership, L.P., a Tennessee limited partnership.
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Examples of Equity Inns in a sentence

  • Notice may be given as follows: To the Borrower: Equity Inns, Inc.

  • A copy of the Certificate of Limited Partnership for each entity comprising the Borrower and a copy of the articles of incorporation of Equity Inns and the trust documents of Equity Inns Trust, each certified by the appropriate Secretary of State or equivalent state official.

  • Any one of the Operating Partnership, EIP/WV, Equity Inns or Equity Inns Trust has suffered a Material Adverse Financial Change or is Insolvent.

  • Administrative Agent shall deliver to Lenders within fifteen (15) Business Days following receipt, copies of all financial statements, certificates and notices received regarding the Operating Partnership's or Equity Inns' ratings except to the extent such items are required to be furnished directly to the Lenders by Borrower hereunder.

  • Equity Inns shall at all times (i) remain as a corporation listed and in good standing on the New York Stock Exchange (NYSE), and (ii) take all steps maintain its status as a real estate investment trust in compliance with all applicable provisions of the Code (unless otherwise consented to by the Required Lenders).

  • Failure of either Equity Inns or Equity Inns Trust to maintain (i) its status as a real estate investment trust under the Code and (ii) Equity Inns' listing on the New York Stock Exchange.

  • In the event that Equity Inns terminates its status as a real estate investment trust ("REIT") for tax purposes, or in the event that the Internal Revenue Code provisions are amended so that REITs are permitted to operate hotels, Lessor may elect to terminate this Lease.

  • Equity Inns shall no longer, directly or indirectly, hold 100% of the general partnership interests in the two entities constituting the Borrower.

  • Equity Inns is a corporation listed and in good standing on the New York Stock Exchange ("NYSE").

  • Tennessee corporation 100% of outstanding shares by Equity Inns TRS Holdings, Inc.

Related to Equity Inns

  • Equity Investment means (i) an Equity Security; and (ii) an ownership interest in any company or other entity, any membership interest that includes a voting right in any company or other entity, any interest in real estate; and any investment or transaction which in substance falls into any of these categories even though it may be structured as some other form of investment or transaction.

  • Equity Investee means a business that the issuer has invested in and accounted for using the equity method;

  • Equity Investors means the Sponsors and the Management Stockholders.

  • Equity Investor means the tax credit investor or syndicator for the proposed project who will acquire an ownership interest in the proposed project and who contributes capital to the Project Sponsor and the closing of the syndication. Equity Investors provide the capital requirements of the Project Sponsor either in the form of a single contribution at the time of entry or a staged level of contributions.

  • Equity Investments shall have the meaning provided in the preamble to this Agreement.