Parent REIT definition

Parent REIT has the meaning specified in the introductory paragraph.

Parent REIT has the meaning set forth in Section 5.6(a).

Parent REIT means Simon Property Group, Inc., a Delaware corporation.

Examples of Parent REIT in a sentence

• The Parent REIT is qualified as a REIT and the Borrower is qualified as a REIT, a partnership or a disregarded entity (in each case, for federal income tax purposes), a TRS or a QRS, and each of their Subsidiaries that is a corporation is either a TRS or a QRS.

• Make or become legally obligated to make any expenditure in respect of the purchase or other acquisition of any fixed or capital asset other than normal replacements and maintenance which are properly charged to current operations and other reasonable and customary capital expenditures made in the ordinary course of the business of the Parent REIT and its Subsidiaries.

• As of the Closing Date, the Subsidiaries of the Parent REIT and the Borrower that are taxable REIT subsidiaries, as such term is used in the Code, are identified on Schedule 5.22.

• All notices, requests, claims, demands and other communications hereunder shall be in writing and shall be given (and shall be deemed to have been duly given upon receipt) by delivery in person, by cable, telegram, facsimile, scanned pages or telex, or by registered or certified mail (postage prepaid, return receipt requested) as follows: To Parent REIT, Parent OP or Parent Sub: Simon Property Group, Inc 000 Xxxx Xxxxxxxxxx Xxxxxx Xxxxxxxxxxxx, Xxxxxxx 00000 Attention: Xxxxx X.

• Permit the Consolidated Leverage Ratio as of the last day of any fiscal quarter of the Parent REIT to exceed 60%; provided that, the Borrower may on two non-consecutive occasions elect a one-time step up to 65% for four consecutive fiscal quarters following a Material Acquisition.

More Definitions of Parent REIT

Parent REIT shall have the meaning set forth in the recitals.

Parent REIT has the meaning set forth in the preamble to this Agreement.

Parent REIT as defined in the preamble hereto.

Parent REIT means Arbor Realty Trust, Inc., a Maryland corporation that intends to be taxed as a REIT and the corporate parent of the General Partner and the Initial Limited Partner.

Parent REIT means QCP HoldCo REIT, LLC, a Delaware limited liability company, which will elect and intends to qualify as a REIT.

Parent REIT means Summit Hotels Properties, Inc., a Maryland corporation.

Parent REIT means Pebblebrook Hotel Trust, a Maryland real estate investment trust and any successor entity.