Taxable REIT Subsidiary definition
Taxable REIT Subsidiary means a “taxable REIT subsidiary” within the meaning of Section 856(l) of the Code.
Taxable REIT Subsidiary means any corporation (other than a REIT) in which the Parent directly or indirectly owns stock and the Parent and such corporation have jointly elected that such corporation be treated as a taxable REIT subsidiary of the Parent under and pursuant to Section 856 of the Internal Revenue Code.
Taxable REIT Subsidiary means, as to Host REIT and with regard to Host REIT’s taxable years commencing after December 31, 2000, any of Fernwood, Rockledge or any other TRS of Host REIT, and, as to any Subsidiary REIT, any TRS of such Subsidiary REIT.
Examples of Taxable REIT Subsidiary in a sentence
As of the Closing Date, the Borrower is qualified as a REIT (subject to the timely filing of a REIT election) and each of its Subsidiaries is treated as a Taxable REIT Subsidiary (subject to the timely filing of a Taxable REIT Subsidiary election) or a Qualified REIT Subsidiary.
Schedule 4 contains an accurate list of all of the Subsidiaries as of the Closing Date, setting forth their respective jurisdictions of organization, the percentage of their respective Capital Stock owned directly or indirectly by the Borrower, indicating whether such Subsidiary is a Restricted Subsidiary or an Unrestricted Subsidiary, and, if applicable, indicating whether such Subsidiary is a Guarantor, an Immaterial Subsidiary or a Taxable REIT Subsidiary.
More Definitions of Taxable REIT Subsidiary
Taxable REIT Subsidiary means any Subsidiary of the Company that is a “taxable REIT subsidiary” within the meaning of Section 856(l) of the Code on or after January 1, 2001, or a Subsidiary of such Taxable REIT Subsidiary.
Taxable REIT Subsidiary means, with regard to Host REIT's taxable ----------------------- years commencing after December 31, 2000, any of HMT Lessee, Fernwood, Rockledge or any other TRS of Host REIT.
Taxable REIT Subsidiary has the meaning set forth in Section 856(l) of the Code.
Taxable REIT Subsidiary means any corporation (other than a REIT) in which the Borrower directly or indirectly owns stock and the Borrower and such corporation jointly elect on IRS Form 8875 (or with respect to which IRS Form 8875 is otherwise filed with the IRS) to have the corporation treated as a taxable REIT subsidiary of Borrower under Section 856(l) of the Internal Revenue Code. For purposes of this Agreement, any Subsidiary of a Taxable REIT Subsidiary that is disregarded as an entity for United States federal income tax purposes (a “Deemed Taxable REIT Subsidiary”) shall not be treated as an entity separate from such Taxable REIT Subsidiary but shall instead be deemed to be the same entity as such Taxable REIT Subsidiary.
Taxable REIT Subsidiary has the meaning set forth in Section 3.6.
Taxable REIT Subsidiary has the meaning given that term in the Internal Revenue Code.
Taxable REIT Subsidiary means any corporation (other than a REIT) in which AMB Corporation directly or indirectly owns stock and AMB Corporation and such corporation jointly elect that such corporation shall be treated as a taxable REIT subsidiary of AMB Corporation under and pursuant to Section 856 of the Code.