Parent REIT definition

Parent REIT has the meaning specified in the introductory paragraph.
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Parent REIT has the meaning set forth in Section 5.6(a).
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Parent REIT means Simon Property Group, Inc., a Delaware corporation.
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Examples of Parent REIT in a sentence

  • As of the Closing Date, the Subsidiaries of the Parent REIT and the Borrower that are taxable REIT subsidiaries, as such term is used in the Code, are identified on Schedule 5.22.

  • The Parent REIT is qualified as a REIT and the Borrower is qualified as a REIT, a partnership or a disregarded entity (in each case, for federal income tax purposes), a TRS or a QRS, and each of their Subsidiaries that is a corporation is either a TRS or a QRS.

  • Make or become legally obligated to make any expenditure in respect of the purchase or other acquisition of any fixed or capital asset other than normal replacements and maintenance which are properly charged to current operations and other reasonable and customary capital expenditures made in the ordinary course of the business of the Parent REIT and its Subsidiaries.

  • So long as Parent REIT or Parent OP is reasonably contesting (or causing any of its Subsidiaries to reasonably contest) any such Third Party Claim in good faith, the Indemnified Party shall not pay or settle any such Third Party Claim without the consent of Parent REIT or Parent OP (which consent shall not be unreasonably withheld or delayed).

  • Notwithstanding the foregoing, Parent REIT and Parent OP shall not, except with the consent of the Indemnified Party (which consent shall not be unreasonably withheld or delayed) enter into any settlement that does not include as an unconditional term thereof the giving by the Person(s) asserting such Third Party Claim to all Indemnified Parties an unconditional release from all liability with respect to such claim or consent to entry of any judgment.


More Definitions of Parent REIT

Parent REIT as defined in the preamble hereto.
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Parent REIT shall have the meaning set forth in the recitals.
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Parent REIT has the meaning set forth in the preamble to this Agreement.
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Parent REIT means QCP HoldCo REIT, LLC, a Delaware limited liability company, which will elect and intends to qualify as a REIT.
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Parent REIT means Arbor Realty Trust, Inc., a Maryland corporation that intends to be taxed as a REIT and the corporate parent of the General Partner and the Initial Limited Partner.
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Parent REIT means Summit Hotels Properties, Inc., a Maryland corporation.
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Parent REIT means Pebblebrook Hotel Trust, a Maryland real estate investment trust and any successor entity.
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