Examples of REIT Conversion Date in a sentence
In the case of Equinix, at all times on and after the REIT Conversion Date, conduct its affairs and the affairs of its Subsidiaries in a manner so as to continue to qualify as a REIT for U.S. federal income tax purposes.
On or prior to the REIT Conversion Date, -------------------- each of the Subsidiary Mergers shall have been consummated, in all material respects, in accordance with Schedule IV, with such exceptions thereto, if any, as may be reasonably satisfactory to the Administrative Agent.
If the Guaranty of the REIT Guarantor and all items described in this Section 6.12(a) are not delivered to the Administrative Agent on or before the REIT Conversion Date or the REIT Election Date, as applicable, an Event of Default shall occur and the Administrative Agent and the Lenders shall have the right to take any and all of the remedies described in Section 8.02.
The Borrowers shall not, and shall not permit any Loan Party or Subsidiary to, engage in any material new line of business substantially different from those lines of business conducted by any Borrower or any of its Subsidiaries on the Closing Date or the REIT Conversion Date, including the ownership, acquisition, development, construction, management and rental of Real Property and Unimproved Land and, in each case, any business substantially related, necessary or incidental thereto.
Effective as of the first day of the first ----------------- taxable year commencing following the REIT Conversion Date, Host REIT shall thereafter operate its business at all times so as to satisfy all requirements necessary to qualify as a real estate investment trust under Sections 856 through 860 of the Code.
Effective upon and after the REIT Conversion Date, since the REIT Conversion Date, Equinix (a) qualifies as a REIT (without regard to any election requirement relating to the same), (b) either has already elected to be treated as a REIT or will make a timely REIT election in due course, and (c and (b) is in compliance with all other requirements and conditions imposed under the Code to allow it to maintain its status as a REIT.
On and after the REIT Conversion Date, Host -------------- REIT will meet all of the requirements for qualification as a real estate investment trust under the Code effective for its first taxable year commencing after the REIT Conversion Date.
As soon as practicable (and in any event within 20 calendar days of the date of this letter agreement) (the “Filing Date”), the Company shall file a registration statement on Form S-3 (or other appropriate form if the Company is not then S-3 eligible) providing for the resale of the New Warrant Shares by the holders of the New Warrants (the “Resale Registration Statement”).
Effective upon and after the REIT Conversion Date, since the REIT Conversion Date, Equinix (a) qualifies as a REIT (without regard to any election requirement relating to the same), (b) either has already elected to be treated as a REIT or will make a timely REIT election in due course, and (c) is in compliance with all other requirements and conditions imposed under the Code to allow it to maintain its status as a REIT.