Common use of Not Foreign Person Clause in Contracts

Not Foreign Person. No Borrower or Operating Lessee is a “foreign person” within the meaning of § 1445(f)(3) of the Code.

Appears in 13 contracts

Sources: Loan Agreement, Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc)

Not Foreign Person. No Neither Borrower or nor Operating Lessee is a “foreign person” within the meaning of § Section 1445(f)(3) of the Code.

Appears in 5 contracts

Sources: Loan Agreement (Chesapeake Lodging Trust), Loan Agreement (Chesapeake Lodging Trust), Loan Agreement (Chesapeake Lodging Trust)

Not Foreign Person. No Borrower or Operating Lessee is a "foreign person" within the meaning of § Section 1445(f)(3) of the Code.

Appears in 3 contracts

Sources: Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc), Loan Agreement (Ashford Hospitality Trust Inc)

Not Foreign Person. No Neither Borrower or nor Operating Lessee is a “foreign person” within the meaning of § 1445(f)(3) of the Code.

Appears in 1 contract

Sources: Loan Agreement (Ashford Hospitality Trust Inc)