REIT Subsidiary definition

REIT Subsidiary means a Subsidiary of the Borrowers that is a REIT.

REIT Subsidiary means each of GGP Ivanhoe, Inc., GGP Holding, Inc., GGP Holding II, Inc., Xxxxxxxx Xxxx, Limited, GGP-Natick Trust and GGP/Homart, Inc.

REIT Subsidiary means a Restricted Subsidiary that is intended by the Borrower to qualify as a real estate investment trust under the Code.

Examples of REIT Subsidiary in a sentence

• The Depositor, the Owner Trustee and the Initial Holder intend that the Trust be treated for federal income tax purposes as a Qualified REIT Subsidiary.

• All of the issued and outstanding equity interests of Merger Sub are beneficially and of record owned by the Operating Partnership and Xxxxxxx Xxxxxx, LLC, a Delaware limited liability company and REIT Subsidiary, free and clear of all Liens (other than Liens created by this Agreement and the transactions contemplated hereby).

• Notwithstanding the other provisions of this Article 11, the Partnership Interests of the Company may be transferred, in whole or in part, at any time or from time to time, to any Person that is, at the time of such transfer, a Qualified REIT Subsidiary.

• No Company Subsidiary is a corporation for United States federal income tax purposes, other than a corporation that qualifies as a Qualified REIT Subsidiary or as a Taxable REIT Subsidiary.

• Notwithstanding the other provisions of this Article XI (other than Section 11.6.D hereof), the Partnership Interests of the General Partner may be Transferred, at any time or from time to time, to any Person that is, at the time of such Transfer, the Parent or any successor thereto or a Qualified REIT Subsidiary.

More Definitions of REIT Subsidiary

REIT Subsidiary means a Restricted Subsidiary of the Issuer that is a REIT.

REIT Subsidiary mean any Subsidiary of Holdings that intends to qualify as a REIT for U.S. federal income tax purposes.

REIT Subsidiary means a Restricted Subsidiary of the Company that is a REIT or a Subsidiary of Parent that is a REIT.

REIT Subsidiary means any directly or indirectly wholly-owned Subsidiary of the REIT or the Operating Partnership.

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.

REIT Subsidiary means any REIT in which the Company owns, directly or indirectly, an equity interest.

REIT Subsidiary means Terra Property Trust, Inc., a Maryland corporation (or any successor thereto, whether by merger, conversion, consolidation, recapitalization, reorganization or otherwise).