Private REIT definition

Private REIT shall have the meaning set forth in the preamble hereto.
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Private REIT means Trilogy Real Estate Investment Trust, a Maryland statutory trust.
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Private REIT has the meaning set forth in Appendix 2.
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Examples of Private REIT in a sentence

  • The Company does not know of any event that would cause or is likely to cause either the Company or the Private REIT to fail to qualify as a REIT under the Code at any time.

  • No assurance can be given that the law will not change in a way that will prevent the Company or the Private REIT from qualifying as REITs. The foregoing opinions are limited to the U.S. federal income tax matters addressed herein, and no other opinions are rendered with respect to other federal tax matters or to any issues arising under the tax laws of any other country, or any state or locality.

  • These representations and covenants relate, in some cases, to transactions and investments for which we did not act as the primary counsel to the Company, the First Private REIT or the Second Private REIT.

  • Each of the Company and the Private REIT will use its best efforts to continue to meet the requirements to qualify as a “real estate investment trust” under the Code.

  • Effective upon the IPO Closing Time, (i) the provisions of the Loan Agreement which permit transfers to or acquisitions of interests in Borrower by a Permitted Private REIT or a Permitted Private REIT Subsidiary shall be of no further force or effect; (ii) all references in the Loan Agreement to a "Permitted REIT" shall mean the REIT; and (iii) there shall be only one Permitted Public REIT, which shall be the REIT.

  • This Agreement shall inure to the benefit of and be binding upon the parties hereto, their respective successors and assigns, including, without the need for an express assignment or any consent by the Company thereto, subsequent Holders of Underlying Shares, and the indemnified persons referred to in Section 5 hereof (including the Partnership and the Private REIT).

  • The outstanding partnership interests of the Operating Partnership have been duly and validly authorized and issued; all of the outstanding shares of capital stock of the Private REIT are directly and indirectly owned of record and beneficially by the Operating Partnership and the Company, respectively.

  • Each of the Company and the Private REIT will use its commercially reasonable best efforts to continue to meet the requirements to qualify as a “real estate investment trust” under the Code.

  • Each of the Company and the Private REIT will use its best efforts to continue to meet the requirements to qualify as a “real estate investment trust” under the Code, until the Board of Directors of the Company determines that it is no longer in the best interests of the Company to qualify as a REIT.

  • The date, time and place of the transactions contemplated hereunder shall be the day of the IPO Closing or the formation of the Private REIT, as the case may be, at 10:00 a.m. in the office of Battle Fowlxx XXX, 75 Exxx 00xx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000 (xxe "CLOSING" or "CLOSING DATE").


More Definitions of Private REIT

Private REIT has the meaning set forth in the recitals.
Sample 1

Related to Private REIT

  • Private Roads means Lateral Access Roads and the Company's access roads within a Railway Corridor;

  • Private residence means a separate dwelling, or a separate apartment in a multiple-apartment dwelling, that is occupied by members of a single-family unit.

  • Private Key means the key of a key pair used to create a digital signature;

  • private road means a road (not being a public road) which is either constructed by the Joint Venturers in accordance with their proposals as approved by the Minister hereunder or agreed by the parties to be a private road for the purposes of this Agreement;

  • Private club means an organization, whether incorporated or not, which is the owner, lessee, or occupant of a building or portion thereof used exclusively for club purposes at all times, which is operated solely for a recreational, fraternal, social, patriotic, political, benevolent, or athletic purpose, but not for pecuniary gain, and which only sells alcoholic beverages incidental to its operation. The affairs and management of the organization are conducted by a board of directors, executive committee, or similar body chosen by the members at an annual meeting. The organization has established bylaws and/or a constitution to govern its activities. The organization has been granted an exemption from the payment of federal income tax as a club under 26 U.S.C. Section 501.

  • private land means any land that has been or may hereafter be alienated from the Crown for any estate of freehold, or is or may hereafter be the subject of any conditional purchase agreement, or of any lease or concession with or without a right of acquiring the fee simple thereof (not being a pastoral lease within the meaning of the Land Administration Act 1997 or a lease or concession otherwise granted by or on behalf of the Crown for grazing purposes only or for timber purposes or a lease of Crown land for the use and benefit of the Aboriginal inhabitants) but —

  • private issuer means an issuer

  • Operating Partnership has the meaning set forth in the preamble.

  • Master Tenant means any entity approved by HUD now or hereafter leasing the Healthcare Facility pursuant to a Master Lease.

  • Private Capital means, if the Issuer is Matching Private Investment Supported (as defined in the Definitive Agreement), the equity capital received by the Issuer or the applicable Affiliate of the Issuer from one or more non-governmental investors in accordance with Section 1.3(m) of the Definitive Agreement.

  • Private Restrictions means (as they may exist from time to time) any and all covenants, conditions and restrictions, private agreements, easements, and any other recorded documents or instruments affecting the use of the Property, the Building, the Leased Premises, or the Outside Areas.

  • Lot Owner means a declarant or other person who owns a lot, or a lessee of a lot in a leasehold planned community whose lease expires simultaneously with any lease the expiration or termination of which will remove the lot from the planned community, but does not include a person having an interest in a lot solely as security for an obligation.

  • REIT means a real estate investment trust under Sections 856 through 860 of the Code.