Covered Statement definition
Covered Statement means any material press release or other public statement, including any MF REIT SEC Filing, interviews or communications with the media, or other communications intending or that will be reasonably likely to result in media coverage or public dissemination, which may be reasonably expected to result in stockholders of MF REIT (or their financial advisors) directing questions regarding such press release or public statement to Advisor or any of its Affiliates. For example, earnings related releases, releases with respect to dispositions of properties or material Contracts entered into, and quarterly reports to stockholders, are Covered Statements, but releases announcing the acquisition of properties in the ordinary course of business would not be a Covered Statement. Notwithstanding the foregoing, MF REIT has the sole and absolute discretion to issue any press release or other public statement and shall not be obligated to issue any press release or other public statement related to any matter, except as required by Law.
Examples of Covered Statement in a sentence
For the avoidance of doubt, this Agreement shall not be deemed to create an affirmative obligation on MF REIT to make any particular Covered Statement.