REIT Act definition

REIT Act means Republic Act No. 9856, or the Real Estate Investment Trust Act of 2009 and its implementing rules and regulations, as they may be amended from time to time.
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Examples of REIT Act in a sentence

  • If all the conditions to the Merger set forth in Article VIII shall have been fulfilled or waived (and this Agreement shall not have been terminated as provided in Article IX), AIP and RELP shall cause Articles of Merger satisfying the requirements of the Texas REIT Act and Articles of Merger satisfying the requirements of the LP Act to be properly executed, verified and delivered for filing in accordance with the LP Act and the Texas REIT Act on the Closing Date.

  • The Merger shall have the effects specified in Section 23.60 of the Texas Real Estate Investment Trust Act, as amended (the "Texas REIT Act") and Section 17-211 of the Delaware Revised Uniform Limited Partnership Act (the "LP Act").

  • The Company has power and authority under its Declaration of Trust, Amended and Restated Bylaws, as amended (the "Crescent Bylaws") and the REIT Act to own, lease and operate its properties and to conduct the business in which it is engaged.

  • Crescent has been formed as a real estate investment trust under the laws of the State of Texas in accordance with the REIT Act.

  • The Merger shall become effective when the Articles of Merger, executed in accordance with the relevant provisions of the NGCL and the REIT Act, are filed with the Secretary of State of the State of Nevada and the County Clerk of Tarrant County, Texas; provided, however, that, upon mutual consent of the Constituent Entities, the Articles of Merger may provide for a later date of effectiveness of the Merger not more than 30 days after the date the Articles of Merger are filed.

  • Upon the terms and subject to the conditions hereof, and in accordance with the Nevada Revised Statutes chapters 78 and 92A, collectively known as the Nevada General Corporation Law, as amended (the "NGCL") and Sections 23.10 through 23.60 of the Texas Real Estate Investment Trust Act, as amended (the "REIT Act"), the Company shall be merged with and into Crescent as of the Effective Time (as defined in Section 1.2).

  • The Merger shall have the effects set forth in Section 92A.250 of the NGCL and in Section 23.60 of the REIT Act.

  • Following the Merger, the separate corporate existence of the Company shall cease and Crescent shall continue as the surviving corporation (the "Surviving Corporation") and shall succeed to and assume all the rights and obligations of the Company in accordance with the NGCL and the REIT Act.

  • The Merger shall have the effects set forth in the applicable provisions of the REIT Act and the MGCL and set forth herein.

  • The Merger shall have the effects specified in Section 23.60 of the Texas Real Estate Investment Trust Act, as amended (the "Texas REIT Act") and Section 15678.6 of the California Revised Limited Partnership Act (the "LP Act").

Related to REIT Act

  • IT Act means the Income Tax Act, 1961 and the rules made there under and shall include any statutory modification(s), amendment(s) or re-enactment(s) thereof for the time being in force;

  • FILOT Act means Title 12, Chapter 44, of the Code, and all future acts successor or supplemental thereto or amendatory thereof.

  • VAT Act means the Value Added Tax Act, No 89 of 1991, as may be amended from time to time.

  • Budget Act means the Bipartisan Budget Act of 2015 (P.L. 114-74).

  • ECT Act means the Electronic Communications and Transaction Act No 25 of 2002, as amended;