Common use of Borrower Status Clause in Contracts

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)).

Appears in 10 contracts

Samples: Credit Agreement (Istar Inc.), Credit Agreement (Istar Inc.), Credit Agreement (Istar Financial Inc)

AutoNDA by SimpleDocs

Borrower Status. The Borrower shall at all times (i) 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)), and (ii) maintain its status as a self-directed and self-administered REIT under the Code.

Appears in 4 contracts

Samples: Credit Agreement (Istar Financial Inc), Revolving Credit Agreement (Istar Financial Inc), Revolving Credit Agreement (Istar Financial Inc)

AutoNDA by SimpleDocs

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)). Section 5.14.

Appears in 2 contracts

Samples: Credit Agreement (Istar Inc.), Credit Agreement (Istar Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.