Subsidiary REIT definition

Subsidiary REIT means, from and after the effective date of its REIT election, any direct or indirect subsidiary of Host LP that has elected to be treated as a REIT under the Internal Revenue Code.

Subsidiary REIT means means any of RLJ III — MH Denver Airport, Inc. (f/k/a Lodgian Denver Inc.), RLJ III — EM West Palm Beach, Inc. (f/k/a Servico Centre Associates, Inc.), RLJ III — C Buckhead, Inc. (f/k/a Lodgian Buckhead, Inc.) and, from and after the effective date of its REIT election, any direct or indirect subsidiary of RLJ LP that has elected to be treated as a REIT under the Internal Revenue Code.

Subsidiary REIT means any Subsidiary that for the applicable period has filed an election under Code Section 856(c) to be taxed as a REIT or otherwise intended (or intends) to qualify as a REIT for the applicable period.

Examples of Subsidiary REIT in a sentence

• Furthermore, the General Partner shall structure the Partnership’s transactions to eliminate any prohibited transaction tax or other taxes applicable to Rockpoint REITs, RRT, MCRC, and MCPT (or any Subsidiary REIT).

• Nothing contained in this Article VIII shall limit the authority of the General Partner to take such other action as it deems necessary or advisable to protect the Partnership, any Subsidiary REIT and the interests of their respective members by preservation of any Subsidiary REIT’s status as a REIT.

• At that time, Subsidiary REIT’s new management team was not aware that the Subsidiary REIT also had x outstanding shares of preferred stock, the terms of which require all accrued but unpaid dividends on the preferred stock be paid first, or simultaneously, with any other dividends declared or distributed by the Subsidiary REIT.

• If the General Partner as the Liquidator causes the Partnership to distribute shares in corporations or equities in limited liability companies, including a Subsidiary REIT, other than of marketable securities, the General Partner shall give Investor at least thirty (30) days prior written notice thereof and the date of such proposed distribution.

• As described in the letter ruling, Subsidiary REIT made a pro rata distribution on its common stock in the amount of $a (“the Distribution”) on Date 2.

More Definitions of Subsidiary REIT

Subsidiary REIT means each applicable Subsidiary of the Company or of any Joint Venture that qualifies as a REIT.

Subsidiary REIT means NLO SubREIT LLC, a Delaware limited liability company, and any other entity in which Borrower directly or indirectly owns 100% of the applicable Subsidiary REIT Common Equity Interests, that holds a direct or indirect interest in certain Individual Senior Borrowers and is or intends to elect to qualify to be taxed as a REIT.

Subsidiary REIT means RRP Subsidiary REIT, LP, a Delaware limited partnership.

Subsidiary REIT means the subsidiary to be formed by the Venture for the purpose of investing in the Project and that has qualified or intends to qualify as a REIT. The form of limited liability company agreement for the Subsidiary REIT is attached hereto as Exhibit E.

Subsidiary REIT means any Subsidiary of the REIT that qualifies as a “real estate investment trust” for U.S. federal income tax purposes.

Subsidiary REIT means, from and after the effective date of its REIT election, any subsidiary of Host LP that elects to be treated as a REIT under the Internal Revenue Code.

Subsidiary REIT means means any of RLJ III — MH Denver Airport, Inc. (f/k/a Lodgian Denver Inc.), RLJ III — EM West Palm Beach, Inc. (f/k/a Servico Centre Associates, Inc.), RLJ III — C Buckhead, Inc. (f/k/a Lodgian Buckhead, Inc.) and, from and after the