REIT definition
Examples of REIT in a sentence
Commencing with its taxable year ended December 31, 2009, the Company has been organized in conformity with the requirements for qualification and taxation as a REIT under the Code, and the Company’s actual and proposed method of operation as set forth in each Registration Statement, the Prospectus and any Issuer Free Writing Prospectus does and will enable it to meet the requirements for qualification and taxation as a REIT under the Code.
The Company has filed returns as a REIT for each taxable year ended December 31, 2009 through 2024 and will file as a REIT for each of its subsequent taxable years (unless the Board of Directors of the Company determines that it is no longer in the best interests of the Company and its stockholders to elect to be subject to taxation as a REIT).
The Company will use its best efforts to enable the Company to meet the requirements to qualify as a REIT under the Code until the Board of Directors of the Company determines that it is no longer in the best interests of the Company to qualify as a REIT.
All statements regarding the Company’s qualification and taxation as a REIT and descriptions of the Company’s organization and proposed method of operation set forth in the Prospectus and any Issuer Free Writing Prospectus are true, complete and correct in all material respects.