Common use of REIT and Partnership Status Clause in Contracts

REIT and Partnership Status. HA INC shall, for any reason, lose or fail to maintain its REIT Status; any of HA LP, HA LLC, HAT Holdings or a Borrower shall, for any reason, lose or fail to maintain its status as a partnership or an entity disregarded as separate from its owner (or, in the case of HAT Holdings, its status as a TRS of HA INC) for U.S. federal income Tax purposes.

REIT and Partnership Status. HA INC shall, for any reason, lose or fail to maintain its REIT Status; any of HA LP, HA LLC, HAT Holdings I, HAT Holdings II or a Borrower shall, for any reason, lose or fail to maintain its status as a partnership or an entity disregarded as separate from its owner (or, in the case of each of HAT HoldingsHoldings I and HAT Holdings II, its status as a TRS of HA INC) for U.S. federal income Tax purposes.