Examples of HA INC in a sentence
Commencing with its taxable year ending December 31, 2013, HA INC has been organized in conformity with the requirements for qualification and taxation as a REIT under the Code and HA INC’s proposed method of operation will at all times enable HA INC to meet the requirements for qualification and taxation as a REIT under the Code.
Administrative Agent shall have no obligation to request the delivery or to maintain copies of the documents referred to above, and in any event shall have no responsibility to monitor compliance by HA INC with any request for delivery, and each Lender shall be solely responsible for requesting delivery to it or maintaining copies of such documents.
HA INC shall maintain and shall maintain on behalf of and for the benefit of each Related Borrower Party insurance with insurers satisfactory to Agent, with respect to the Properties, Collateral and business of Obligors of such type (including general liability, umbrella policy, D&O and workers compensation coverages), in such amounts, and with such coverages and deductibles as are customary for companies similarly situated.
Each certificate referred to in this Section 6.2.1 and the Underlying Loan Specification (to the extent delivered undated), shall, upon confirmation in writing by HA INC or its representative, be dated, and deemed delivered on, the Credit Date.
As of the date hereof, the organizational structure and capital structure of HA INC shall be as set forth on Schedule 15(a)(xxiii) hereof.
Administrative Agent shall have received (i) the most recent quarterly 10-Q report filed with the SEC for HA INC (including all subsidiaries on a consolidated basis) and (ii) pro forma balance sheet and income statement of each Borrower Party which financial statements shall be in form and substance satisfactory to Administrative Agent.
HA INC shall not permit, as of any date, the Consolidated Debt to Equity Ratio to equal or exceed 4.00 to 1.00 as of such date; provided that, for purposes of the Compliance Certificate required to be delivered pursuant to Section 11.1.1(e) of the Loan Agreement, such Compliance Certificate will calculate the Consolidated Debt to Equity Ratio as of the last day of the Fiscal Quarter that ended immediately prior to the delivery of such Compliance Certificate.
Commencing with its taxable year ending December 31, 2013, HA INC has been organized in conformity with the requirements for qualification and taxation as a REIT under the Code, and its proposed method of operation will enable HA INC to meet the requirements for qualification and taxation as a REIT under the Code; HA LP, HA LLC, and each Borrower are classified either as partnerships or entities disregarded as separate from their owners (in each case, for U.S. federal income Tax purposes).
HA INC shall have consummated the HA INC IPO (and the same shall have been certified by HA INC to the Administrative Agent in a certificate signed by an Authorized Officer of HA INC).
HA INC shall not permit, as of any Calculation Date (provided that the first such Calculation Date shall be July 30, 2014), the Net Investment Revenue to be less than or equal to $0 for the four Fiscal Quarter period ending on such Calculation Date.