Common use of Action of Landlord Clause in Contracts

Action of Landlord. Landlord has taken all necessary action to authorize the execution, delivery and performance of this Lease, and, upon the execution and delivery of this Lease by Landlord, this Lease shall constitute the valid and binding obligation and agreement of Landlord, enforceable against Landlord in accordance with its terms, except as enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or similar laws of general application affecting the rights and remedies of creditors.

Appears in 12 contracts

Samples: Property Lease Agreement (Brookdale Senior Living Inc.), Property Lease Agreement (Brookdale Senior Living Inc.), Property Lease Agreement (Brookdale Senior Living Inc.)

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Action of Landlord. Landlord has taken all necessary action to authorize the execution, delivery and performance of this Lease, and, upon the execution and delivery of Agreement; this Lease by Landlord, this Lease shall constitute Agreement constitutes the valid and binding obligation and agreement of Landlord, enforceable against Landlord in accordance with its terms, except as enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or similar laws of general application affecting the rights and remedies of creditors.

Appears in 4 contracts

Samples: Lease Agreement (Hospitality Properties Trust), Master Lease Agreement (Hospitality Properties Trust), Lease Agreement (Wyndham Hotel Corp)

Action of Landlord. Landlord has taken all necessary action to authorize the execution, delivery and performance of this LeaseAgreement, and, and upon the execution and delivery of this Lease Agreement by Landlord, this Lease shall constitute Landlord constitutes the valid and binding obligation and agreement of Landlord, enforceable against Landlord in accordance with its terms, except as enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or similar laws of general application affecting the rights and remedies of creditors.

Appears in 3 contracts

Samples: Lease Agreement (Life Time Fitness Inc), Master Lease Agreement (Senior Housing Properties Trust), Master Lease Agreement (Brookdale Living Communities Inc)

Action of Landlord. Landlord has taken all necessary action to authorize the execution, delivery and performance of this the Lease, andas amended by any Amendments, upon and the execution and delivery of this Lease by LandlordLease, this Lease shall constitute as so amended, constitutes the valid and binding obligation and agreement of Landlord, enforceable against Landlord in accordance with its terms, except as enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or similar laws of general application affecting the rights and remedies of creditors.

Appears in 2 contracts

Samples: Agreement to Lease (Candlewood Hotel Co Inc), Agreement to Lease (Candlewood Hotel Co Inc)

Action of Landlord. Landlord has taken all necessary action to authorize the execution, delivery and performance of the Amended Lease and this LeaseAgreement, and, upon the execution and delivery each of this Lease by Landlord, this Lease shall constitute them constitutes the valid and binding obligation and agreement of Landlord, enforceable against Landlord in accordance with its terms, except as enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or similar laws of general application affecting the rights and remedies of creditors.

Appears in 2 contracts

Samples: Lease Agreement (Prime Hospitality Corp), Lease Agreement (Sholodge Inc)

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Action of Landlord. Landlord has taken all necessary action to authorize the execution, delivery and performance of this LeaseAgreement, and, and upon the execution and delivery of this Lease Agreement by Landlord, this Lease shall constitute Landlord constitutes the valid and binding obligation and agreement of Landlord, enforceable against Landlord in accordance with its terms, except as enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or similar laws of general application affecting the rights and remedies of creditorscreditors and equitable principles.

Appears in 1 contract

Samples: Lease Agreement (Cytotherapeutics Inc/De)

Action of Landlord. Landlord has taken all necessary action to authorize the execution, delivery and performance of this the Lease, and, upon and the execution and delivery of this Lease by Landlord, this Lease shall constitute constitutes the valid and binding obligation and agreement of Landlord, enforceable against Landlord in accordance with its terms, except as enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or similar laws of general application affecting the rights and remedies of creditors.

Appears in 1 contract

Samples: Agreement to Lease (Sholodge Inc)

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