Foreign REIT definition

Foreign REIT means a non-U.S.-organized company that seeks to qualify for certain tax or other benefits under the laws of any jurisdiction in which it is organized or operates.
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Examples of Foreign REIT in a sentence

  • Each such owner shall provide to the Trust such additional information as the Trust may request in order to determine the effect, if any, of such Beneficial Ownership or Constructive Ownership on the status of any Investee as a REIT or Foreign REIT and to ensure compliance with the Aggregate Share Ownership Limit and the Common Share Ownership Limit.

  • Nothing contained in this Article V shall limit the authority of the Trustees to take such other action as they deem necessary or advisable to protect the Trust and the interests of its Shareholders in preserving any Investee’s status as a REIT or Foreign REIT or to enforce the limitation in Section 5.2.1 for other purposes which the Trustees deem advisable.

  • Each such Shareholder and each Actual Owner shall provide to the Trust such additional information as the Trust may request in order to determine the effect, if any, of such Beneficial Ownership or Constructive Ownership on the status of any Investee as a REIT or Foreign REIT and to ensure compliance with the Ownership Limit.

  • Nothing contained in this Section 2 of this Article V shall limit the authority of the Trustees to take such other action as they deem necessary or advisable to protect the Trust and the interests of its shareholders in preserving any Investee's status as a REIT or Foreign REIT or to enforce the limitation in Section 2.1 of this Article V for other purposes which the Trustees deem advisable.

  • Nothing contained in this Article X shall limit the authority of the Trustees to take such other action as they deem necessary or advisable to protect the Trust and the interests of its Shareholders in preserving any Investee’s status as a REIT or Foreign REIT or to enforce the limitation in Section 10.2 for other purposes which the Trustees deem advisable.

  • Foreign REIT Corporate shareholder Individual shareholder Taxed under normal Israeli tax rules.- Taxed at corporate tax rate of 24% in 2011 if REIT is a flow-through entity.- Dividend is subject to 20%/25% tax if the REIT is not a flow-through entity.- Taxed at 45% in 2011 if REIT is a flow-through entity.- Dividend income will be subject to 20/25% tax if the REIT is not a flow-through entity.

  • ApplicantA management company, an investment manager, or a Representative of a Foreign REIT.

Related to Foreign REIT

  • Foreign Restricted Subsidiary means any Restricted Subsidiary which is not organized under the laws of the United States of America or any State thereof or the District of Columbia.

  • Foreign partnership means an association of two or more persons to carry on as co-owners of a

  • Foreign Assets means any of the Portfolios’ investments (including foreign currencies) for which the primary market is outside the United States and such cash and cash equivalents as are reasonably necessary to effect the Portfolios’ transactions in such investments.

  • Domestic Foreign Holding Company means any Domestic Subsidiary that is a disregarded entity for U.S. federal income tax purposes with no material assets other than Equity Interests and/or Indebtedness of one or more Foreign Subsidiaries and other assets incidental thereto.

  • Foreign Holding Company means any Domestic Subsidiary substantially all of the assets of which consist of Equity Interests and/or Indebtedness of one or more Foreign Subsidiaries or other Foreign Holding Companies.

  • foreign vessel means any vessel other than a coastal vessel.

  • foreign representative means a person or body, including one appointed on an interim basis, authorized in a foreign proceeding to administer the reorganization or the liquidation of the debtor’s assets or affairs or to act as a representative of the foreign proceeding;

  • Foreign vehicle means every motor vehicle, trailer, or semitrailer that is brought into the

  • Foreign Asset Sale shall have the meaning provided in Section 5.2(i).

  • foreign company means any company or body corporate incorporated outside India which—

  • foreign national means the following:

  • Foreign Recovery Event shall have the meaning provided in Section 5.02(j).

  • Foreign Investment means any investment made by a person resident outside India on a repatriable basis in capital instruments of an Indian company or to the capital of an LLP;

  • Foreign Subsidiary Holding Company means any Subsidiary the primary assets of which consist of Capital Stock in (i) one or more Foreign Subsidiaries or (ii) one or more Foreign Subsidiary Holding Companies.

  • foreign tax means any Foreign Income Taxes or Foreign Other Taxes.

  • Domestic Corporation means an entity that is treated as a corporation for United States federal income tax purposes and is a U.S. Tax Person.

  • Foreign nonprofit corporation means an entity:

  • Foreign Bank means an organization that (i) is organized under the laws of a foreign country, (ii) engages in the business of banking, (iii) is recognized as a bank by the bank supervisory or monetary authority of the country of its organization or principal banking operations, (iv) receives deposits to a substantial extent in the regular course of its business, and (v) has the power to accept demand deposits, but does not include the U.S. branches or agencies of a foreign bank;

  • Foreign Air Carrier ’ means a person, not a citizen of the United States, undertaking by any means, directly or indirectly, to provide foreign air transportation.

  • Domestic entity means an entity whose internal affairs are governed by the law of this state.

  • Qualified REIT Subsidiary means any Subsidiary of the General Partner that is a “qualified REIT subsidiary” within the meaning of Section 856(i) of the Code.

  • UK Subsidiary means a Subsidiary organized under the laws of England and Wales.

  • FSHCO means any Subsidiary that owns no material assets other than the Equity Interests of one or more Foreign Subsidiaries that are CFCs and/or of one or more FSHCOs.

  • Foreign-going vessel means any vessel other than coastal vessel.

  • Foreign Subsidiary Holdco any Domestic Subsidiary that has no material assets other than the Capital Stock of one or more Foreign Subsidiaries, and other assets relating to an ownership interest in any such Capital Stock.

  • foreign investor means a natural person of a third country or an undertaking of a third country, intending to make or having made a foreign direct investment;