REIT Subsidiary definition

REIT Subsidiary means a Subsidiary of the Borrowers that is a REIT.
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REIT Subsidiary means each of GGP Ivanhoe, Inc., GGP Holding, Inc., GGP Holding II, Inc., ▇▇▇▇▇▇▇▇ ▇▇▇▇, Limited, GGP-Natick Trust and GGP/Homart, Inc.
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REIT Subsidiary means a Restricted Subsidiary that is intended by the Borrower to qualify as a real estate investment trust under the Code.
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Examples of REIT Subsidiary in a sentence

  • The intention of this Section 20.2 is to cause each Member to bear the consequences of direct and indirect Transfers that relate to such Member’s Shares that otherwise would have caused equity interests of a REIT Subsidiary to be automatically transferred to a Charitable Trust (or similar) under the applicable REIT Subsidiary Agreement.

  • The Members agree that the Shares that were the subject of the purported Transfer shall be automatically transferred to a trust for the benefit of a Charitable Beneficiary in such amount as shall be sufficient to ensure that no equity interests of a REIT Subsidiary shall be automatically transferred to a Charitable Trust (or similar) under the applicable REIT Subsidiary Agreement.

  • Such limitation provisions shall be included in the REIT Subsidiary Agreement of each REIT Subsidiary with such modifications as are necessary to take into account the form and jurisdiction of organization of each such REIT Subsidiary.


More Definitions of REIT Subsidiary

REIT Subsidiary means a Restricted Subsidiary of the Issuer that is a REIT.
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REIT Subsidiary mean any Subsidiary of Holdings that intends to qualify as a REIT for U.S. federal income tax purposes.
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REIT Subsidiary has the meaning set forth in Section 20.1.
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REIT Subsidiary means any directly or indirectly wholly-owned Subsidiary of the REIT or the Operating Partnership.
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REIT Subsidiary means any REIT in which the Partnership owns, directly or indirectly, an equity interest.
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REIT Subsidiary means a corporation or business trust that the Borrower may hereafter cause to be organized as an indirect Subsidiary of the Borrower and that elects to be treated as a “qualified real estate investment trust” in accordance with Section 856 of the Code, the business purpose of which Subsidiary is to centralize the internal financing of the Borrower’s real estate development and construction activities.
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REIT Subsidiary means FrontView Employee Sub, LLC, a Delaware limited liability company.
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