Common use of REIT Subsidiary Clause in Contracts

REIT Subsidiary. If and when the REIT Subsidiary is established and for as long as it remains a financing entity, it shall at all times maintain its status as a qualified real estate investment trust in accordance with Section 856 of the Code.

Appears in 2 contracts

Sources: Credit Agreement (Lennar Corp /New/), Credit Agreement (Lennar Corp /New/)

REIT Subsidiary. If and when the REIT Subsidiary is established and for For as long as it remains a financing entity, it the REIT Subsidiary shall at all times maintain its status as a qualified real estate investment trust in accordance with Section 856 of the Code.

Appears in 1 contract

Sources: Credit Agreement (Lennar Corp /New/)

REIT Subsidiary. If and when the REIT Subsidiary is established and for For as long as it remains a financing entity, it shall cause the REIT Subsidiary at all times to maintain its status as a qualified real estate investment trust in accordance with Section 856 of the Code.

Appears in 1 contract

Sources: Credit Agreement (Lennar Corp /New/)