Common use of Trust Existence Clause in Contracts

Trust Existence. Subject to ARTICLE EIGHT, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect its real estate investment trust existence, rights (charter and statutory) and franchises; PROVIDED, HOWEVER, that the Company shall not be required to preserve any such right or franchise if the Company shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Company.

Trust Existence. Subject to ARTICLE EIGHTArticle Eight, the Company will do or cause to be done all things necessary to preserve and keep in full force and effect its real estate investment trust existence, rights (charter and statutory) and franchises; PROVIDED, HOWEVER, that the Company shall not be required to preserve any such right or franchise if the Company shall determine that the preservation thereof is no longer desirable in the conduct of the business of the Company.