Operation as a REIT. The Company intends to operate in conformity with the requirements for qualification of the Company as a REIT under the Code until such time as the Company’s board of directors determines that operating in such a manner is not in the best interests of the Company and its stockholders.
Operation as a REIT. The Borrower shall operate in conformity with the requirements for qualification of the Borrower as a REIT under the Code until such time as the Borrower’s board of directors determines that operating in such a manner is not in the best interests of the Borrower and its stockholders.
