Common use of Foreign Investor Clause in Contracts

Foreign Investor. Neither Borrower nor any stockholder of Borrower is, and no legal or beneficial interest in a stockholder of Borrower is or will be held, directly or indirectly by, a "foreign person" within the meaning of Sections 1445 and 7701 of the Internal Revenue Code of l986, as amended.

Appears in 6 contracts

Samples: Mortgage, Security Agreement (Florida East Coast Industries Inc), Mortgage, Security Agreement and Fixture Filing (Florida East Coast Industries Inc), Mortgage, Security Agreement and Fixture Filing (Florida East Coast Industries Inc)

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Foreign Investor. Neither Borrower nor any stockholder of Borrower is, and no legal or beneficial interest in a stockholder of Borrower is or will be held, directly or indirectly by, a "foreign person" within the meaning of Sections 1445 and 7701 of the Internal Revenue Code of l986, as amended.

Appears in 3 contracts

Samples: Mortgage, Security Agreement and Fixture Filing (Florida East Coast Industries Inc), Defined Terms (Florida East Coast Industries Inc), Florida East Coast Industries Inc

Foreign Investor. Neither Borrower nor any partner, member or stockholder of Borrower is, and no legal or beneficial interest in a partner, member or stockholder of Borrower is or will be held, directly or indirectly by, a "foreign person" within the meaning of Sections 1445 and 7701 of the Internal Revenue Code of l986, as amendedamended and Borrower is not a “disregarded entity” within the meaning of such Code of Regulations.

Appears in 2 contracts

Samples: Mortgage, Security Agreement and Fixture Filing (Strategic Hotels & Resorts, Inc), Strategic Hotels & Resorts, Inc

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Foreign Investor. Neither Borrower nor any stockholder of Borrower is, and no legal or beneficial interest in a stockholder of Borrower is or will be held, directly or indirectly by, a "foreign person" within the meaning of Sections 1445 and 7701 of the Internal Revenue Code of l9861986, as amended.

Appears in 1 contract

Samples: Defined Terms (Florida East Coast Industries Inc)

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