Qualification as a REIT. The Company will use its reasonable best efforts to meet the requirements to continue to qualify as a REIT under the Code for so long as the Company’s board of trustees deems such qualification in the best interests of the shareholders of the Company.
Appears in 7 contracts
Samples: Note Purchase Agreement (First Potomac Realty Trust), Lock Up Agreement (First Potomac Realty Trust), Underwriting Agreement (First Potomac Realty Trust)
Qualification as a REIT. The Company will shall use its commercially reasonable best efforts to meet the requirements to continue to qualify as a REIT under the Code for so long as Code, unless the Company’s board of trustees deems such qualification determines by resolution that it is in the best interests of the shareholders of the Company’s stockholders not to so qualify.
Appears in 3 contracts
Samples: Sales Agreement (American Homes 4 Rent), American Homes 4 Rent, American Homes 4 Rent
Qualification as a REIT. The Company will use its reasonable best efforts to continue to meet the requirements to continue to qualify as a REIT under the Code for so long as Code, subject to the Company’s board fiduciary duties of trustees deems such qualification the Board of Directors of the Company to direct the management of the business of the Company in the best interests of the shareholders of the Company.
Appears in 2 contracts
Samples: Purchase Agreement (Istar Financial Inc), Purchase Agreement (Istar Financial Inc)
Qualification as a REIT. The Company will use its reasonable best efforts to continue to meet the requirements to continue to qualify as a REIT under the Code for so long as Code, subject to the Company’s board fiduciary duties of trustees deems such qualification the Board of Directors of the Company to manage the business of the Company in the best interests interest of the shareholders of the Companyits stockholders.
Appears in 2 contracts
Samples: Purchase Agreement (Istar Financial Inc), Purchase Agreement (Istar Financial Inc)
Qualification as a REIT. The Company will use its reasonable best efforts to continue to meet the requirements to continue to qualify as a REIT under the Code for so long as Code, subject to the Company’s board fiduciary duties of trustees deems such qualification the Board of Directors of the Company to direct the management of the business of the Company in the best interests of the shareholders interest of the Company.
Appears in 2 contracts
Samples: Purchase Agreement (Istar Financial Inc), Underwriting Agreement (Istar Financial Inc)
Qualification as a REIT. The Company will use its reasonable best efforts to meet the requirements to continue to qualify as a REIT under the Code for so long as the Company’s board of trustees deems such qualification in the best interests of the shareholders of the CompanyCode.
Appears in 2 contracts
Samples: First Potomac Realty Trust, First Potomac Realty Trust
Qualification as a REIT. The Company will use its reasonable best efforts to meet the ----------------------- requirements to continue to qualify as a REIT under the Code for so long as Code, subject to the Company’s board fiduciary duties of trustees deems such qualification the Board of Directors of the Company to manage the business of the Company in the best interests of the shareholders of the Companyits stockholders.
Appears in 1 contract
Samples: Underwriting Agreement (Sizeler Property Investors Inc)
Qualification as a REIT. The Company will use its reasonable best efforts to meet the requirements to continue to qualify as a REIT under the Code for so long as Code, subject to the Company’s board duties of trustees deems such qualification the Board of Directors of the Company under applicable law to manage the business of the Company under applicable law in the best interests of the shareholders of the Companyits stockholders.
Appears in 1 contract
Qualification as a REIT. The Company will shall use its reasonable best efforts to continue to meet the requirements to continue to qualify as a REIT under the Code for so long as Code, subject to the Company’s board fiduciary duties of trustees deems such qualification the Board of Directors of the Company to direct the management of the business of the Company in the best interests of the shareholders interest of the Company.
Appears in 1 contract
Qualification as a REIT. The Company will use its reasonable best efforts to meet the requirements to continue to qualify as a REIT under the Code for its taxable year ending December 31, 2011, and for so long as the Company’s board of trustees deems such qualification in the best interests of the shareholders of the Company.
Appears in 1 contract
Samples: Note Purchase Agreement (First Potomac Realty Trust)
Qualification as a REIT. The Company will use its reasonable best efforts to meet the requirements to continue to qualify as a REIT under the Code for its taxable year ending December 31, 2012, and for so long as the Company’s board of trustees deems such qualification in the best interests of the shareholders of the Company.
Appears in 1 contract
Samples: Underwriting Agreement (First Potomac Realty Trust)
Qualification as a REIT. The Company will use its reasonable best efforts to meet the requirements to continue to qualify as a REIT under the Code for so long as Code, unless the Company’s board 's Board of trustees deems such qualification Directors determines that it is in the best interests of the shareholders interest of the Company's stockholders not to so qualify.
Appears in 1 contract
Samples: Shurgard Storage Centers Inc
