USRP REIT definition

USRP REIT means U.S. Restaurant Properties, Inc..
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USRP REIT shall have the meaning assigned thereto in clause (a) of the introductory paragraph hereof.
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Examples of USRP REIT in a sentence

  • Seller shall have performed in all material respects all covenants, agreements and obligations required to be performed by it under this Agreement at or prior to the Closing.

  • Evidence, satisfactory to the Agent, that the USRP REIT qualifies as a REIT, that each of its Subsidiaries that are corporations are Qualified REIT Subsidiaries and that the execution and performance by the Credit Parties under the Credit Documents shall not affect such status.

  • For all leases executed following the Closing Date, the USRP REIT, the General Partner and the Borrower shall, and shall not permit any other Consolidated Subsidiary to, lease as lessee any real property pursuant to a ground lease unless such ground lease contains customary provisions protective of any lender to the lessee which provisions do not vary in any material respect from those required under the Borrower’s standard underwriting procedures and policies.

  • The USRP REIT is qualified as a REIT and each of its Subsidiaries that is a corporation is a Qualified REIT Subsidiary.

  • There are no disputes or controversies pending between the Borrower, the Guarantors or their respective Subsidiaries and their respective employees, the outcome of which reasonably may be expected to have a Material Adverse Effect.

  • Each of the Domestic Subsidiaries of the General Partner, the USRP REIT and the Borrower existing as of the date hereof, except USRP Funding 2001-A, L.P., USRP (SFGP), LLC, USRP (Hawaii), LLC, USRP (Xxx), LLC and Fuel Supply, Inc.

  • Xxxxx Title: Vice President USRP REIT: U.S. RESTAURANT PROPERTIES, INC.

  • The USRP REIT has no Subsidiaries that are taxable REIT subsidiaries except those set forth on Schedule 6.26.

  • The USRP REIT, the General Partner and the Borrower shall not, and shall not permit any other Consolidated Subsidiary to, transfer any of their respective assets to any of their respective Subsidiaries or Affiliates except to the extent the applicable Subsidiary or Affiliate has, at the time of such transfer, executed a Joinder Agreement and is a Guarantor hereunder.

  • Each of the Subsidiaries of the USRP REIT set forth on Schedule 6.26 is a taxable REIT subsidiary, as such term is used in the Code.

Related to USRP REIT

  • REIT means a real estate investment trust under Sections 856 through 860 of the Code.

  • Taxable REIT Subsidiary means any corporation (other than a REIT) in which the Parent directly or indirectly owns stock and the Parent and such corporation have jointly elected that such corporation be treated as a taxable REIT subsidiary of the Parent under and pursuant to Section 856 of the Internal Revenue Code.

  • Qualified REIT Subsidiary means any Subsidiary of the General Partner that is a “qualified REIT subsidiary” within the meaning of Section 856(i) of the Code.

  • Operating Partnership has the meaning set forth in the preamble.

  • General Partners means all such Persons.

  • Consolidated Group means the Borrower and all Subsidiaries which are consolidated with it for financial reporting purposes under GAAP.

  • Operating Companies means EAI, EMI, ELI and ENOI, each being an "Operating Company".

  • General partnership means an organization formed by two or more persons under chapters 45-13 through 45-21.

  • Partnership Subsidiary means Host LP and any partnership, limited liability company, or other entity treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes in which either Host REIT or Host LP owns (or owned on or after January 1, 1999) an interest, either directly or through one or more other partnerships, limited liability companies or other entities treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes (whether or not Host REIT or Host LP has a controlling interest in, or otherwise has the ability to control or direct the operation of, such entity). Notwithstanding the foregoing, the term “Partnership Subsidiary” shall not in any way be deemed to include the Non-Controlled Subsidiaries or subsidiaries thereof, the Taxable REIT Subsidiaries or subsidiaries thereof, or the Subsidiary REITs or subsidiaries thereof.

  • Virginia real estate investment trust means a real estate investment trust, as defined in 26 U.S.C.

  • Real estate investment trust means any corporation, trust or association qualifying and electing to be taxed as a real estate investment trust under federal law.

  • Foreign partnership means an association of two or more persons to carry on as co-owners of a

  • Operating Company means an “operating company” within the meaning of 29 C.F.R. §2510.3-101(c) of the Plan Asset Regulations.

  • mixed financial holding company means a mixed financial holding company as defined in point (21) of Article 4(1) of Regulation (EU) No 575/2013;

  • Foreign limited partnership means a partnership formed under laws other than of this state and having as partners one or more general partners and one or more limited partners.

  • Ultimate Parent Entity means a Constituent Entity of an MNE Group that meets the following criteria:

  • Minority group member means a United States citizen or permanent resident alien who is and can demonstrate membership in one of the following groups:

  • Wholly-Owned Consolidated Subsidiary means any Consolidated Subsidiary all of the shares of capital stock or other ownership interests of which (except directors' qualifying shares) are at the time directly or indirectly owned by the Borrower.

  • Surviving Partnership has the meaning set forth in Section 11.2.B(ii) hereof.

  • HCP means a Habitat Conservation Plan prepared pursuant to § 10(a)(2)(A) of the ESA (16 U.S.C. § 1539(a)(2)(A)).

  • Combined Group means a group of corporations or other entities that files a Combined Return.

  • financial holding company means a financial holding company as defined in point (20) of Article 4(1) of Regulation (EU) No 575/2013;

  • Consolidated Entities as of any date of determination, any entities whose financial results are consolidated with those of Kimco in accordance with GAAP.

  • Community Contribution Company means a corporation formed under the laws of British Columbia that includes in its articles the following statement:

  • General Partner means the Company or its successors as general partner of the Partnership.

  • Virginia venture capital account means an investment fund that has been certified by the