REIT Provisions of the Internal Revenue Code definition

REIT Provisions of the Internal Revenue Code means Sections 856 through 858 of the Internal Revenue Code of 1954, as now enacted or hereafter amended, or successor statutes and regulations and rulings promulgated thereunder, provided, however, that any such statute, regulation or ruling enacted or promulgated after the date hereof which is by its terms applicable to real estate investment trusts in existence on the date hereof only upon the election of, or failure to elect otherwise by such trust, shall be applicable to this Trust only if this Trust shall so elect or fail to elect otherwise in accordance with the terms thereof.
Sample 1Sample 2Sample 3
REIT Provisions of the Internal Revenue Code means Parts II and III of Subchapter M of Chapter 1 of Subtitle A of the Internal Revenue Code, and regulations thereunder and rulings with respect thereto.
Sample 1Sample 2
REIT Provisions of the Internal Revenue Code means Part II of Subchapter M of Chapter 1 of Subtitle A of the Internal Revenue Code, as now enacted or hereafter amended, or successor statutes, and any regulations and rulings promulgated thereunder.
Sample 1

Examples of REIT Provisions of the Internal Revenue Code in a sentence

  • A two-thirds (2/3) majority of the Trustees may, after fifteen (15) days written notice to the Shareholders, also amend this Declaration without the vote or consent of Shareholders if in good faith they deem it necessary to conform this Declaration to the requirements of the REIT Provisions of the Internal Revenue Code, but the Trustees shall not be liable for failing to do so.

  • Every Shareholder shall upon demand disclose to the Trustees in writing such information with respect to direct and indirect ownership of any Shares as the Trustees deem necessary or appropriate, in their discretion, to comply with the REIT Provisions of the Internal Revenue Code, or to comply with the requirements of any taxing authority or governmental agency.

  • It is also intended that the Trust shall carry on a business as a “qualified REIT subsidiary” as described in the REIT Provisions of the Internal Revenue Code for so long as it is wholly owned by HRP and thereafter shall qualify and carry on business as a “real estate investment trust” as described therein.

  • It is also intended that the Trust shall carry on a business as a “real estate investment trust” as described in the REIT Provisions of the Internal Revenue Code.

  • Two-thirds (2/3) of the Trustees may, after fifteen (15) days written notice to the Shareholders, also amend this Declaration without the vote or consent of Shareholders if in good faith they deem it necessary to conform this Declaration to the requirements of the REIT Provisions of the Internal Revenue Code, but the Trustees shall not be liable for failing to do so.

  • REIT" shall mean a real estate investment trust as defined in the REIT Provisions of the Internal Revenue Code.

  • The provisions of these Bylaws are severable, and if the Directors shall determine, with the advice of counsel, that any one or more of these provisions (the “Conflicting Provisions”) are in conflict with the REIT Provisions of the Internal Revenue Code, or with other applicable laws and regulations, the Conflicting Provisions shall be deemed never to have constituted a part of these Bylaws.

  • It is intended that the Corporation shall qualify as a REIT under the REIT Provisions of the Internal Revenue Code during such period as the Board of Directors shall deem it advisable to qualify the Corporation.

  • The provisions of these Bylaws are severable, and if the Directors shall determine, with the advice of counsel, that any one or more of these provisions (the “ Conflicting Provisions”) are in conflict with the REIT Provisions of the Internal Revenue Code, or with other applicable laws and regulations, the Conflicting Provisions shall be deemed never to have constituted a part of these Bylaws.

  • It is presumable that for many districts, when an influx of LEP students reaches the five-year mark, there will be a reduction in the number of students eligible for LEP status and layoffs may follow.


More Definitions of REIT Provisions of the Internal Revenue Code

REIT Provisions of the Internal Revenue Code means the statutory provisions presently contained in Part II, Subchapter M of Chapter 1, Sections 856 through 858 of the Internal Revenue Code of 1986, as now enacted or hereafter amended, or successor statutes and regulations and rulings promulgated thereunder; provided, however, that any such statute, regulation or ruling enacted or promulgated after the date hereof which is by its terms applicable to real estate investment trusts in existence on the date hereof only upon the election of, or failure
Sample 1

Related to REIT Provisions of the Internal Revenue Code

  • Internal Revenue Code means the Internal Revenue Code of 1986, as amended, or any successor statute.

  • Section 409A of the Code means the nonqualified deferred compensation rules under Section 409A of the Code and any applicable treasury regulations and other official guidance thereunder.

  • Investment Company Act means the Investment Company Act of 1940, as amended.

  • the Code means the Pension Regulator’s Code of Practice No 14 governance and administration of public service pension schemes.