REIT Termination Event definition

REIT Termination Event means the earliest to occur of:
REIT Termination Event means the earliest to occur of: ----------------------
REIT Termination Event means the events described in Section 3(b).

Examples of REIT Termination Event in a sentence

  • If the REIT Parties terminate the Remington Exclusivity Rights based upon a REIT Termination Event set forth in Sections 3(b)(ii) through (v) .


More Definitions of REIT Termination Event

REIT Termination Event means the earliest to occur of: (i) the filing of a federal income tax return by our Company for any taxable year on which we do not compute our income as a REIT; (ii) the approval by the stockholders of our Company of a proposal for us to cease to qualify as a REIT; (iii) the approval by our board of directors of a proposal for us to cease to qualify as a REIT; (iv) a determination by our board of directors, based on the advice of counsel, that we have ceased to qualify as a REIT; or (v) a “determination” within the meaning of Section 1313(a) of the Code that our Company has ceased to qualify as a REIT.
REIT Termination Event means the earliest to occur of: (i) the filing of a federal income tax return by the Company for any taxable year on which the Company does not compute its income as a real estate investment trust; (ii) the approval by the stockholders of the Company of a proposal for the Company to cease to qualify as a real estate investment trust; (iii) the approval by the board of directors of the Company of a proposal for the Company to cease to qualify as a real estate investment trust; (iv) a determination by the board of directors of the Company, based on the advice of counsel, that the Company has ceased to qualify as a real estate investment trust; or (v) a “determination” within the meaning of Section 1313(a) of the Internal Revenue Code of 1986, as amended, that the Company has ceased to qualify as a real estate investment trust.
REIT Termination Event means the earliest to occur of: (i) the filing of a federal income tax return by the General Partner for any taxable year on which the General Partner does not elect to be taxed as a real estate investment trust; (ii) the approval by the stockholders of the General Partner of a proposal for the General Partner to cease to qualify as a real estate investment trust; (iii) a determination by the Board of Directors of the General Partner, based on the advice of counsel, that the General Partner has ceased to qualify as a real estate investment trust; or (iv) a "determination" within the meaning of Section 1313(a) of the Internal Revenue Code of 1986, as amended, that the General Partner has ceased to qualify as a real estate investment trust.
REIT Termination Event means any event or occurrence which causes the Company to fail to continue to be taxed as a real estate investment trust (a "REIT") pursuant to Sections 856 through 860 of the Internal Revenue Code, as amended.
REIT Termination Event means the earliest of:
REIT Termination Event means the events described in Section 3(b) .
REIT Termination Event means the earliest to occur of: (i) the filing of a federal income tax return by the Corporation for any taxable year on which the Corporation does not elect to be taxed as a real estate investment trust; (ii) the approval by the stockholders of the Corporation of a proposal for the Corporation to cease to qualify as a real estate investment trust for United States federal income tax purposes; (iii) the public announcement by the Company that it has ceased to qualify as a real estate investment trust; or (iv) a "determination" within the meaning of Section 1313(a) of the Internal Revenue Code of 1986, as amended, that the Corporation has ceased to qualify as a real estate investment trust. None of the foregoing events shall be deemed to constitute a REIT Termination Event, if the Board of Directors shall have received an opinion from nationally recognized independent tax counsel experienced in such matters to the effect that, on or after the Issue Date, as a result, directly or indirectly, of (a) any amendment to, or change (including any announced prospective change) in, the laws (or any regulations thereunder) of the United States, (b) any judicial decision, official administrative pronouncement, ruling, regulatory procedure, notice, or announcement, including any notice or announcement of intent to adopt such procedures or regulations (an "Administrative Action"), or (c) any amendment to, clarification of, or a change in the official position or the interpretation of any Administrative Action or judicial decision that differs from the theretofore generally accepted position, in each case, by any legislative body, court, governmental authority, or regulatory body, irrespective of the manner in which such amendment, clarification, or change is made known, which