Common use of Real Property Holding Corporation Clause in Contracts

Real Property Holding Corporation. The Company shall operate in a manner such that it will not become a “United States real property holding corporation” as such term is defined in Section 897(c)(2) of the Internal Revenue Code of 1986, as amended (the “Code”), and the regulations thereunder.

Real Property Holding Corporation. The Company shall covenants that it will operate in a manner such that it will not become a “United States real property holding corporation” as such that term is defined in Section 897(c)(2) of the Internal Revenue Code of 1986, as amended (the “Code”)amended, and the regulations thereunder.

Real Property Holding Corporation. The Company shall operate in is not and has never --------------------------------- been a manner such that it will not become a “"United States real property holding corporation” ," (as such that term is defined in Section 897(c)(2) of the Internal Revenue Code of 1986, as amended (the “"Code”") and Treasury Regulation Section 1.897-2(b), and shall timely made all filings required by Treasury Regulation Section 1.897-2(h)(l). If at any time in the regulations thereunderfuture the Company shall become a "United States real property holding corporation," the Company shall, as promptly as practicable, so notify each foreign investor.

Real Property Holding Corporation. The Company shall operate in a manner such that it will not become be a “"United States real property holding corporation” ," as such term is defined in Section 897(c)(2) of the Code and Section 1.897-2(b) of the Regulations promulgated by the Internal Revenue Code Service and upon written request, will provide to any holder of 1986, as amended (Preferred Stock a statement to the “Code”), and effect informing such holder whether its interest in the regulations thereunderCompany constitutes a U.S. real property interest.

Real Property Holding Corporation. The Company shall covenants that it will use commercially reasonable efforts to operate in a manner such that it will not become a “United States real property holding corporation” as such that term is defined in Section 897(c)(2) of the Internal Revenue Code of 1986, as amended (the “Code”)amended, and the regulations thereunder.

Real Property Holding Corporation. The Company shall operate in is not a manner such that it will not become a “"United States real property holding corporation” as such term is defined in " within the meaning of Section 897(c)(2) 897(c)2 of the United States Internal Revenue Code of 1986, as amended (the “Code”), and the regulations thereunderamended.

Real Property Holding Corporation. The Company shall operate in a manner such that it will not become be a “"United States real property holding corporation” ", as such term is defined in Section 897(c)(2) of the Code and Section 1.897-2(b) of the Regulations promulgated by the Internal Revenue Code Service and upon written request, will provide to any holder of 1986, as amended (Preferred Stock a statement to the “Code”), and effect informing such holder whether its interest in the regulations thereunderCompany constitutes a U.S. real property interest.

Real Property Holding Corporation. The Company shall covenants that it will operate in a manner such that it will not become a “"United States real property holding corporation” " as such that term is defined in Section 897(c)(2) of the Internal Revenue Code of 1986, as amended (the “Code”)amended, and the regulations thereunderthereunder ("FIRPTA").

Real Property Holding Corporation. The Company shall operate in a manner such that it will not become be a “"United States real property holding corporation” ", as such term is defined in Section 897(c)(2) of the Code and Section 1.897-2(b) of the Regulations promulgated by the Internal Revenue Code Service and upon written request, will provide to any holder of 1986, as amended (the “Code”), and the regulations thereunder.Preferred

Real Property Holding Corporation. The Company shall operate in a manner such represents and warrants that neither it will not become nor any of its subsidiaries is or has ever been a “United States real property holding corporation” as such term is defined in within the meaning of Section 897(c)(2) of the Internal Revenue Code of 1986, as amended (the “Code”), and at any time during the regulations thereunderapplicable period specified in Section 897(c)(l)(A)(ii) of the Code.

Real Property Holding Corporation. The Company shall covenants that --------------------------------- it will operate in a manner such that it will not become a “"United States real property holding corporation” " as such that term is defined in Section 897(c)(2) of the Internal Revenue Code of 1986, as amended (the “Code”)amended, and the regulations thereunder.thereunder ("FIRPTA"). The Company agrees to make determinations as to its status as a USRPHC, and will file statements concerning those

Real Property Holding Corporation. The Company shall covenants that it will operate in a manner such that it will not become a “"United States real property holding corporation” " as such that term is defined in Section 897(c)(2) of the Internal Revenue Code of 1986, as amended (the “Code”)amended, and the regulations thereunder.regulations

Real Property Holding Corporation. The Company shall covenants that it will operate in a manner such that it will not become a “"United States real property holding corporation” " as such that term is defined in Section 897(c)(2) of the Internal Revenue Code of 1986, as amended (the “Code”)amended, and the regulations thereunder.thereunder ("FIRPTA"). The Company agrees to make