Realty Income definition
Examples of Realty Income in a sentence
To the Company, the Operating Partnership, or the Board: Paladin Realty Income Properties, Inc.
Realty Income Texas Properties, Inc., a Delaware corporation, is and has been at all times treated as a “qualified REIT subsidiary” within the meaning of Section 856(i) of the Code and is not required to be qualified as a foreign corporation in the State of Texas.
Realty Income Texas Properties, L.P., a Delaware limited partnership, is not and has never been treated as an association taxable as a corporation for federal income tax purposes and is not and has never been treated as a publicly traded partnership taxable as a corporation for federal income tax purposes.
The Company is the sole and managing member of Realty Income Texas Properties 1, LLC, a Delaware limited liability company.
Realty Income Texas Properties, Inc., a Delaware corporation, is and has, at all times during its existence, been treated as a "qualified REIT subsidiary" within the meaning of Section 856(i) of the Code.
The name of the Partnership is Paladin Realty Income Properties, L.P. The Partnership’s business may be conducted under such name or under any other name or names deemed advisable by the General Partner, including the name of the General Partner or any Affiliate thereof.
Each of the LLC Subsidiaries and Realty Income Pennsylvania has been 100% owned by the Company at all times since their respective formation dates and has not elected to be taxed as a corporation for tax purposes.
Realty Income Texas Properties, L.P., a Delaware limited partnership, is not and has never been treated as an association taxable as a corporation for federal income tax purposes.
Each of the LLC Subsidiaries and Realty Income Pennsylvania Properties Trust, a Maryland business trust, has been 100% owned by the Company at all times since their respective formation dates and has not elected to be taxed as a corporation for tax purposes.
In addition, the Merger Agreement provides that the resulting Realty Income RSU Award will be credited with a dividend equivalent balance that is equal to the dividend equivalent balance credited on the corresponding VEREIT RSU Award as of immediately prior to the Merger Effective Time.