Common use of REIT Opinion Clause in Contracts

REIT Opinion. Parent shall have received a written opinion of Xxxxxxxx & Xxxxxxxx LLP, tax counsel to the Company, dated as of the Closing Date and in form and substance as set forth in Exhibit A to the Company Disclosure Letter and with such changes as are mutually agreeable to Parent and the Company, such agreement not to be unreasonably withheld, to the effect that, commencing with the Company’s inception date, the Company has been organized and has operated in conformity with the requirements for qualification and taxation as a REIT under the Code, and its method of operation has enabled the Company to meet, through the Merger Effective Time, the requirements for qualification and taxation as a REIT under the Code, which opinion will be subject to customary exceptions, assumptions and qualifications and based on representations contained in a tax representation letter described in Section 6.10(a).

Appears in 1 contract

Samples: Agreement and Plan of Merger (MedEquities Realty Trust, Inc.)

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REIT Opinion. Parent The Company shall have received a written opinion of Xxxxx Xxxx Xxxxxxxx & Xxxxxxxx Xxxxxxx LLP, tax counsel to the CompanyParent, dated as of the Closing Date and in form and substance as set forth in Exhibit A to the Company Parent Disclosure Letter and with such changes as are mutually agreeable to Parent and the Company, such agreement not to be unreasonably withheld, to the effect that, commencing with the CompanyParent’s inception date, the Company Parent has been organized and has operated in conformity with the requirements for qualification and taxation as a REIT under the Code, and its method of operation has enabled the Company Parent to meet, through the Merger Effective Time, the requirements for qualification and taxation as a REIT under the Code, which opinion will be subject to customary exceptions, assumptions and qualifications and based on representations contained in a tax representation letter described in Section 6.10(a6.10(b).

Appears in 1 contract

Samples: Agreement and Plan of Merger (MedEquities Realty Trust, Inc.)

REIT Opinion. Parent shall have received a written opinion of Xxxxxxxx Mxxxxxxx & Xxxxxxxx Fxxxxxxx LLP, tax counsel to the Company, dated as of the Closing Date and in form and substance as set forth in Exhibit A to the Company Disclosure Letter and with such changes as are mutually agreeable to Parent and the Company, such agreement not to be unreasonably withheld, to the effect that, commencing with the Company’s inception date, the Company has been organized and has operated in conformity with the requirements for qualification and taxation as a REIT under the Code, and its method of operation has enabled the Company to meet, through the Merger Effective Time, the requirements for qualification and taxation as a REIT under the Code, which opinion will be subject to customary exceptions, assumptions and qualifications and based on representations contained in a tax representation letter described in Section 6.10(a).

Appears in 1 contract

Samples: Agreement and Plan of Merger (OHI Healthcare Properties Limited Partnership)

REIT Opinion. Parent The Company shall have received a written opinion of Xxxxxxxx & Xxxxxxxx Bxxxx Xxxx Lxxxxxxx Xxxxxxx LLP, tax counsel to the CompanyParent, dated as of the Closing Date and in form and substance as set forth in Exhibit A to the Company Parent Disclosure Letter and with such changes as are mutually agreeable to Parent and the Company, such agreement not to be unreasonably withheld, to the effect that, commencing with the CompanyParent’s inception date, the Company Parent has been organized and has operated in conformity with the requirements for qualification and taxation as a REIT under the Code, and its method of operation has enabled the Company Parent to meet, through the Merger Effective Time, the requirements for qualification and taxation as a REIT under the Code, which opinion will be subject to customary exceptions, assumptions and qualifications and based on representations contained in a tax representation letter described in Section 6.10(a6.10(b).

Appears in 1 contract

Samples: Agreement and Plan of Merger (OHI Healthcare Properties Limited Partnership)

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REIT Opinion. Parent shall have received a written opinion of Xxxxxxxx Mxxxxx, Mxxxxxx & Xxxxxxxx Mxxxxx, LLP, tax counsel to the Company, dated as of the Closing Date and in form and substance as set forth in Exhibit A to the Company Disclosure Letter C attached hereto and with such changes as are mutually agreeable to Parent and the Company, such agreement not to be unreasonably withheld, to the effect that, commencing with the Company’s inception datetaxable year that ended on December 31, 2010, the Company has been organized and has operated in conformity with the requirements for qualification and taxation as a REIT under the Code, and its method of operation has enabled the Company to meet, through the Company Merger Effective Time, the requirements for qualification and taxation as a REIT under the Code, which opinion will be subject to customary exceptions, assumptions and qualifications and based on representations contained in a tax representation letter described in Section 6.10(a6.11(a).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Northstar Realty Finance Corp.)

REIT Opinion. Parent shall have received a written opinion of Xxxxxxxx Xxxxxx, Xxxxxxx & Xxxxxxxx Xxxxxx, LLP, tax counsel to the Company, dated as of the Closing Date and in form and substance as set forth in Exhibit A to the Company Disclosure Letter C attached hereto and with such changes as are mutually agreeable to Parent and the Company, such agreement not to be unreasonably withheld, to the effect that, commencing with the Company’s inception datetaxable year that ended on December 31, 2010, the Company has been organized and has operated in conformity with the requirements for qualification and taxation as a REIT under the Code, and its method of operation has enabled the Company to meet, through the Company Merger Effective Time, the requirements for qualification and taxation as a REIT under the Code, which opinion will be subject to customary exceptions, assumptions and qualifications and based on representations contained in a tax representation letter described in Section 6.10(a6.11(a).

Appears in 1 contract

Samples: Agreement and Plan of Merger (Griffin-American Healthcare REIT II, Inc.)

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