TRS definition

TRS means a taxable REIT subsidiary (as defined in Section 856(l) of the Code) of the General Partner.

TRS means American Express Travel Related Services Company, Inc., a New York corporation, and its successors and assigns.

TRS means a “taxable REIT subsidiary,” as described in Section 856(l) of the Code. Any entity taxable as a corporation in which a TRS of a real estate investment trust owns (x) securities possessing more than 35% of the total voting power of the outstanding securities of such entity or (y) securities having a value of more than 35% of the total value of the outstanding securities of such entity shall also be treated as a TRS of such real estate investment trust whether or not a separate election is made with respect to such other entity.

Examples of TRS in a sentence

• As a voluntary retirement benefit for Employees who qualify as provided above, the Board agrees to increase the Employee’s TRS creditable earnings by 6% over the Employee’s prior year’s reported TRS creditable earnings for each remaining year of the Employee’s employment in the District.

• The Employee will receive his/her normal step increase and then will be paid an additional amount equal to the difference between the step increase and 6% but under no circumstance will the Employee’s total TRS creditable earnings exceed 6%.

• Should any of the above be declared improper by an IRS, TRS, Illinois School Code ruling or opinion, that clause or portion thereof shall be deleted from this Agreement to the extent that it violates the ruling or opinion.

• Teachers Retirement System (TRS) & Teacher Health Insurance (THIS) How does the Board want to address: 1.

• If retirees are accepted immediately into TRS insurance coverage, District insurance coverage shall remain in effect through June 30.

More Definitions of TRS

TRS means a taxable REIT subsidiary.

TRS means the teachers' retirement system.

TRS shall have the meaning specified in the initial paragraph of this Agreement.

TRS means any direct or indirect Subsidiary of the Borrower that is classified as a “taxable REIT subsidiary” under Section 856(l) of the Internal Revenue Code.

TRS is defined in the Preamble.

TRS means each of (a) Pebblebrook Hotel Lessee and (b) each other taxable REIT subsidiary that is a Wholly Owned Subsidiary of Pebblebrook Hotel Lessee.

TRS shall have the meaning set forth in Section 9.5(c).