Borrower Status Sample Clauses

Borrower Status. The Borrower shall at all times remain a publicly traded company listed for trading on the New York Stock Exchange (or another nationally recognized stock exchange (for the avoidance of doubt, the NASDAQ stock quotation system or any successor thereto shall be considered a nationally recognized exchange)).
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Borrower Status. The Borrower is qualified as a real estate investment trust under Section 856 of the Code and currently is in compliance in all material respects with all provisions of the Code applicable to the qualification of the Borrower as a real estate investment trust.
Borrower Status. Borrower shall at all times (i) remain a publicly traded company listed on the New York Stock Exchange, and (ii) maintain its status as a self-directed and self-administered real estate investment trust under the Code.
Borrower Status. The General Partner shall at all --------------- times (i) maintain its status as a self-directed and self-administered real estate investment trust under the Code, and (ii) remain a publicly traded company listed on the New York Stock Exchange.
Borrower Status. Borrower is liquidated, dissolved, or fails to maintain its status as a going concern.
Borrower Status. Borrower’s exact legal name is set forth on the signature page hereof. Borrower is a domestic U.S. entity, validly existing and in good standing under the laws of the state of its formation, is duly qualified and licensed to do business in the state where each Site is located, and has full power and authority to enter into and perform its obligations under the Loan Documents to which it is a party. Borrower’s chief executive office and principal place of business is at the location set forth on the signature page hereof. The organizational chart attached as Exhibit 3.1, relating to Borrower and certain of its Affiliates, is true, complete and correct on and as of the date hereof.
Borrower Status. The Borrower shall be a domestic corporation as defined in Section 7701(a)(30)(C) of the Code (or is a limited liability company that is disregarded as an entity separate from its owner for United States federal income tax purposes and is wholly owned by a domestic corporation).
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Borrower Status. The Borrower (i) is a duly organized and validly existing corporation in good standing under the laws of the jurisdiction of its organization or formation and has the power and authority to own its property and assets and to transact the business in which it is engaged and (ii) has duly qualified and is authorized to do business and is in good standing in all jurisdictions where it is required to be so qualified and where the failure to be so qualified which, individually or in the aggregate, could reasonably be expected to have a Material Adverse Effect.
Borrower Status. Borrower’s exact legal name is set forth on the signature page hereof. Borrower is a domestic U.S. entity, validly existing and in good standing under the laws of the state of its formation, is duly qualified and licensed to do business in the state where each Site is located, and has full power and authority to enter into and perform its obligations under the Loan Documents to which it is a party. Borrower’s chief executive office and principal place of business is at the location set forth on the signature page hereof. Set forth on Exhibit 3.1 is a true and complete organizational chart for Borrower.
Borrower Status. As of the Revolving Amendment Effective Time, the Borrower is not and will not thereafter be (i) an employee benefit plan subject to Title I of ERISA, (ii) a plan or account subject to Section 4975 of the Code, (iii) an entity deemed to hold “plan assets” of any such plans or accounts for purposes of ERISA or the Code, or (iv) a “governmental plan” within the meaning of ERISA.
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