REIT Election Effective Date definition

REIT Election Effective Date. As defined in Section 2.11.
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REIT Election Effective Date means the date upon which the election by the Parent to qualify as a REIT is effective.
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REIT Election Effective Date. As defined in Section 2.11. “Required Vote”: As defined in Section 13.3(a). “S&P”: Standard & Poor’s, a division of The XxXxxx-Xxxx Companies, Inc. “Securities Act”: The Securities Act of 1933, as amended. “Similar Law”: Any federal, state, local, non-U.S. or other law or regulation that contains one or more provisions that are similar to any of the provisions contained in Title I of ERISA or Section 4975 of the Code. “Single Asset Debt Limit”: As defined in Section 3.6(a)(ii)(B). “Sixth Restated Agreement”: As defined the Recitals to this Agreement. “SLR”: Sumitomo Life Realty (N.Y.), Inc., a New York corporation. “SLR Designee”: As defined in Section 5.3(a). “SLRI”: SLR Investments, Inc., a Delaware corporation. “Subscription Agreement”: As defined in Section 3.2(a). “Sumitomo”: SLR and SLRI, collectively. “Super Majority Fund Vote”: As defined in Section 11.7. “Super Majority LP Vote”: As defined in Section 11.6(g). “Super Majority Partner Vote”: As defined in Section 11.6(g). “Tax Matters Partner”: As defined in Section 11.4(a). “Temporary Investment”: Any repurchase agreements of primary Federal Reserve dealers using treasury securities only; bankers acceptances which are legal for purchase by the Federal Reserve Bank; United States Treasury bills and agency discount notes; commercial paper that is rated by Xxxxx’x or S&P in its highest rating category; accounts or mutual funds which invest in any of the foregoing; and any other investment approved by the Advisory Committee as a Temporary Investment. 14
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Examples of REIT Election Effective Date in a sentence

  • The Company shall, for any reason, lose or fail to maintain its REIT Status after the REIT Election Effective Date.

  • The Company, (a) prior to the REIT Election Effective Date, will not be either an association, publicly traded partnership or taxable mortgage pool, that is taxable as a corporation for federal tax purposes and (b) after the REIT Election Effective Date, will be organized and will be operated in a manner that will allow it to qualify for REIT Status commencing with the taxable year in which the REIT Election Effective Date occurs and will maintain REIT Status on a continuous basis since such date.

  • Xxxxx International LLC or as the result of a disposition otherwise permitted under this Agreement, retain Control of all Borrowers, and (b) at all times after the REIT Election Effective Date, continue to be organized and operated in a manner that will allow it to qualify for REIT Status.

  • Guarantor shall operate its businesses at all times so as to satisfy all requirements necessary for the Parent to qualify as a REIT under Sections 856 through 860 of the Code and (ii) at all times after the REIT Election Effective Date maintain the Parent’s qualification as a REIT under Sections 856 through 860 of the Code.


More Definitions of REIT Election Effective Date

REIT Election Effective Date the date upon which the election by any of Holdings, NTPA LLC, Sxxxx LLC, Secured Note LLC and OC/SD JV Holdings LLC to qualify as a real estate investment trust under Sections 856 through 860 of the Code in accordance with Section 6.14 is effective.
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REIT Election Effective Date means the date on which Guarantor’s election to be treated as a real estate investment trust for U.S. federal income tax purposes becomes effective.
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Related to REIT Election Effective Date

  • IPO Effective Date means the date upon which the Securities and Exchange Commission declares the initial public offering of the Company's common stock as effective.

  • Plan Effective Date means the “Effective Date” as defined in the Plan of Reorganization.

  • Transition Effective Date has the meaning set forth in Section II.D.3.

  • Resignation Effective Date has the meaning specified in Section 9.06(a).

  • SEC Effective Date means the date the Registration Statement is declared effective by the Commission.

  • Early Termination Effective Date is defined in Section 4.2 of this Agreement.

  • PAL effective date generally means the date of issuance of the PAL permit. However, the PAL effective date for an increased PAL is the date any emissions unit that is part of the PAL major modification becomes operational and begins to emit the PAL pollutant.

  • Initial Effective Date means the date that the Initial Registration Statement has been declared effective by the SEC.

  • Extension Effective Date has the meaning specified in Section 2.06(c).

  • Merger Effective Date means the date on which the Merger is consummated.

  • Additional Effective Date means the date the Additional Registration Statement is declared effective by the SEC.

  • ECB Recommended Rate Index Cessation Effective Date means, in respect of an ECB Recommended Rate Index Cessation Event, the first date on which the ECB Recommended Rate is no longer provided, as determined by the Issuer and notified by the Issuer to the Calculation Agent;

  • Change of Control Effective Date means the first date during the Change of Control Period (as defined in Section 7.2) on which a Change of Control occurs. Notwithstanding anything in this Agreement to the contrary, if a Change of Control occurs and if the Executive’s employment with the Company (or applicable affiliated company) is terminated prior to the date on which the Change of Control occurs, and if it is reasonably demonstrated by the Executive that such termination of employment (i) was at the request of a third party who has taken steps reasonably calculated to effect a Change of Control or (ii) otherwise arose in connection with or anticipation of a Change of Control, then for all purposes of this Agreement the “Change of Control Effective Date” shall mean the date immediately prior to the date of such termination of employment.

  • SOFR Index Cessation Effective Date means, in relation to a SOFR Index Cessation Event, the date on which the Federal Reserve Bank of New York (or any successor administrator of the daily Secured Overnight Financing Rate) ceases to publish the daily Secured Overnight Financing Rate, or the date as of which the daily Secured Overnight Financing Rate may no longer be used;

  • Transfer Effective Date shall have the meaning set forth in each Commitment Transfer Supplement.

  • the Effective Date means each date that the Registration Statement and any post-effective amendment or amendments thereto became or become effective. "Execution Time" shall mean the date and time that this Agreement is executed and delivered by the parties hereto. "Basic Prospectus" shall mean the form of basic prospectus relating to the Securities contained in the Registration Statement at the Effective Date. "Prospectus" shall mean the Basic Prospectus as supplemented by the Prospectus Supplement. "Registration Statement" shall mean the Registration Statement referred to in paragraph (a) above, including incorporated documents, exhibits and financial statements, as amended at the Execution Time. "Rule 415" and "Rule 424" refer to such rules under the Act. Any reference herein to the Registration Statement, the Basic Prospectus, the Prospectus Supplement or the Prospectus shall be deemed to refer to and include the documents incorporated by reference therein pursuant to Item 12 of Form S-3 which were filed under the Exchange Act on or before the Effective Date or the issue date of the Basic Prospectus, the Prospectus Supplement or the Prospectus, as the case may be; and any reference herein to the terms "amend", "amendment" or "supplement" with respect to the Registration Statement, the Basic Prospectus, the Prospectus Supplement or the Prospectus shall be deemed to refer to and include the filing of any document under the Exchange Act after the Effective Date or the issue date of the Basic Prospectus, the Prospectus Supplement or the Prospectus, as the case may be, deemed to be incorporated therein by reference.

  • Index Cessation Effective Date means, in respect of one or more Index Cessation Events, the first date on which CDOR is no longer provided. If CDOR ceases to be provided on the Relevant Original Fixing Date but it was provided at the time at which it is to be observed pursuant to the terms and provisions of the applicable series of CDOR notes, then the Index Cessation Effective Date will be the next day on which the rate would ordinarily have been published;

  • €STR Index Cessation Effective Date means, in respect of an €STR Index Cessation Event, the first date on which €STR is no longer provided by the European Central Bank (or any successor administrator of €STR), as determined by the Issuer and notified by the Issuer to the Calculation Agent;

  • Release Effective Date means the date the Release becomes effective and irrevocable.

  • Early Opt-in Effective Date means, with respect to any Early Opt-in Election, the sixth (6th) Business Day after the date notice of such Early Opt-in Election is provided to the Lenders, so long as the Administrative Agent has not received, by 5:00 p.m. (New York City time) on the fifth (5th) Business Day after the date notice of such Early Opt-in Election is provided to the Lenders, written notice of objection to such Early Opt-in Election from Lenders comprising the Required Lenders.

  • OBFR Index Cessation Effective Date means, in relation to an OBFR Index Cessation Event, the date on which the Federal Reserve Bank of New York (or any successor administrator of the daily Overnight Bank Funding Rate) ceases to publish the daily Overnight Bank Funding Rate or the date as of which the daily Overnight Bank Funding Rate may no longer be used;

  • Target Effective Date has the meaning specified in Section 2.01(a).

  • Election Date has the meaning specified in Section 3.12(h).

  • Required Effective Date means the relevant Initial Required Effective Date or Increased Required Effective Date (as those terms are defined below).

  • Order Form Effective Date means the date on which an Order Form comes into effect as indicated in that Order Form.

  • Fundamental Change Effective Date means the date on which any Fundamental Change becomes effective.