HH Trust definition
Examples of HH Trust in a sentence
The Bank hereby acknowledges that it is aware of the proposed merger of Supertel into HH Trust, as described in the Disclosure Schedule.
HH Trust (a) is a corporation duly organized and validly existing under the laws of Virginia; (b) has all requisite power, and has all governmental licenses, authorizations, consents and approvals necessary, to own its assets and carry on its business as now being or as proposed to be conducted; and (c) is qualified to do business in all jurisdictions in which the nature of the business conducted by it makes such qualification necessary.
HH Trust owns a one percent (1%) limited partnership interest in Solomons Borrower, which interests in Solomons Borrower are not subject to any security interests, liens, encumbrances or adverse claims.
Immediately following the merger, the HH Trust board will include ▇▇▇▇ ▇.
The Bank further consents to any merger after which HH Trust is the surviving entity; provided that the surviving entity is otherwise in compliance with the provisions of this Agreement.
Until the Term Loan Maturity Date, at least two of such persons will continue to be on the HH Trust board unless the Bank consents otherwise in writing, which consent shall not be unreasonably withheld.
HH Trust shall at all times remain qualified as a real estate investment trust under the Code.
Copies of each filing and report made by HH Trust to any securities exchange or the Securities and Exchange Commission, except in respect of any single shareholder, and of each communication from HH Trust to shareholders generally, promptly upon the filing or making thereof.
Until the Revolving Loan Maturity Date, at least two of such persons will continue to be on the Board of Directors of Borrower or HH Trust unless the Bank consents otherwise in writing, which consent shall not be unreasonably withheld.
HH Trust or one or more of its Subsidiaries own all of the assets reflected in the balance sheet of the Borrower as at the Balance Sheet Date or acquired since that date (except property and assets sold or otherwise disposed of in the ordinary course of business since that date).