Domestically Controlled REIT definition

Domestically Controlled REIT means a REIT that is a “domestically controlled qualified investment entity” meeting the ownership requirements of Code section 897(h)(4)(B).
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Domestically Controlled REIT means a REIT that is a “domestically-controlled qualified investment entity” for purposes of Section 897(h)(4)(B) of the Code.
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Domestically Controlled REIT means a real estate investment trust that is a “domestically-controlled qualified investment entity” for purposes of Section 897(h)(4)(B) of the Code.
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Examples of Domestically Controlled REIT in a sentence

  • The EOP Shareholders shall have approved the Proposed EOP Charter Amendment Relating to Domestically Controlled REIT Status at the EOP Shareholders Meeting.

  • The Corporation shall be qualified as a Domestically Controlled REIT.

  • The General Partner shall not take any actions so as to cause a REIT Entity to lose its status as a Domestically Controlled REIT, and, upon the change in any law or regulation effecting the qualification of a REIT Entity as a “real estate investment trust”, shall promptly commence discussion with the Limited Partners regarding the steps necessary to bring such REIT Entity into compliance with such changed law or regulation.

  • Within a reasonable time after the consummation of the contribution by the Partnership of the Inland Equity Interests related to the Initial Inland Properties to the Inland Properties REIT Entity, the General Partner shall take any and all steps necessary to cause the Inland Properties REIT Entity to be qualified as a Domestically Controlled REIT.

  • Nothing contained in this Article 8 shall limit the authority of the Board of Managers to take such other action as it deems necessary or advisable to protect the Company and the interests of its Shareholders in preserving the Company’s status as a REIT and in preventing the Company from becoming a Pension-Held REIT or failing to be a Domestically Controlled REIT.

  • In addition, if reasonably requested by a Purchaser, the Reorganized Company will, at such Purchaser’s expense, make reasonable efforts to provide additional information to and otherwise cooperate with such Purchaser, to enable such Purchaser to respond to questions regarding Domestically Controlled REIT status by a taxing authority or person engaging in, or proposing to engage in, a transaction with such Purchaser or an Affiliate thereof.

  • In addition, if reasonably requested by Purchaser, the Reorganized Company will, at Purchaser’s expense, make reasonable efforts to provide additional information to and otherwise cooperate with Purchaser, to enable Purchaser to respond to questions regarding Domestically Controlled REIT status by a taxing authority or person engaging in, or proposing to engage in, a transaction with Purchaser or an Affiliate thereof.


More Definitions of Domestically Controlled REIT

Domestically Controlled REIT means a “domestically controlled qualified investment entity” within the meaning of Section 897(h)(4) of the Code, and, for the avoidance of doubt, taking into account the ownership of the Common Shares.
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Domestically Controlled REIT means a REIT Subsidiary that the General Partner intends to qualify as a “domestically controlled qualified investment entity” as such term is defined in Section 897(h) of the Code.
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Related to Domestically Controlled REIT

  • Wholly Owned Restricted Subsidiary is any Wholly Owned Subsidiary that is a Restricted Subsidiary.

  • Controlled Subsidiary means any Subsidiary of the Company, 50% or more of the outstanding equity interests of which are owned by the Company and its direct or indirect Subsidiaries and of which the Company possesses, directly or indirectly, the power to direct or cause the direction of the management or policies, whether through the ownership of voting equity interests, by agreement or otherwise.

  • Qualified REIT Subsidiary means any Subsidiary of the General Partner that is a “qualified REIT subsidiary” within the meaning of Section 856(i) of the Code.

  • Subsidiary REMIC As described in the Preliminary Statement.

  • Wholly-Owned Consolidated Subsidiary means any Consolidated Subsidiary all of the shares of capital stock or other ownership interests of which (except directors' qualifying shares) are at the time directly or indirectly owned by the Borrower.