Operating Partnership. The Operating Partnership will be classified as a partnership for purposes of the Code and will not be treated as a publicly traded partnership, association or corporation.
Appears in 27 contracts
Samples: Purchase Agreement (Pebblebrook Hotel Trust), Equity Offering Sales Agreement (Pebblebrook Hotel Trust), Underwriting Agreement (Pebblebrook Hotel Trust)
Operating Partnership. The Operating Partnership has been and will continue to be classified as a partnership for purposes of the Code and will not be treated as a corporation, association taxable as a corporation or a publicly traded partnership, association or corporation.
Appears in 2 contracts
Samples: Underwriting Agreement (Whitestone REIT), Underwriting Agreement (Whitestone REIT)
