Authority, Authorizations and Consents. The FCRHA is a political subdivision of the Commonwealth of Virginia. The FCRHA has all necessary power and authority to enter into this Agreement and to perform its obligations hereunder. The execution, delivery and performance of this Agreement has been duly and validly authorized by all necessary action and proceedings, and no further action or authorization is necessary on the part of the FCRHA in order to consummate the transactions contemplated herein. This Agreement is a legal, valid, and binding obligation of the FCRHA, enforceable in accordance with its respective terms. The FCRHA has obtained all authorizations, consents, or approvals of any governmental entity or other person or entity required to be obtained or given in connection with the execution and delivery of this Agreement by FCRHA or the performance of any of FCRHA’s obligations hereunder.
Authority, Authorizations and Consents. Owner is an institution of the State of California. Owner has all necessary power and authority to enter into this Agreement and to perform its obligations hereunder. The execution, delivery and performance of this Agreement has been duly and validly authorized by all necessary action and proceedings, and except as specifically contemplated in the New Lease, no further action or authorization is necessary on the part of Owner in order to consummate the transactions contemplated herein. This Agreement is a legal, valid and binding obligation of Owner, enforceable in accordance with its respective terms. Owner has obtained all authorizations, consents or approvals of any governmental entity or other person or entity required to be obtained or given in connection with the execution and delivery of this Agreement by Owner or the performance of any of Owner’s obligations hereunder, except those authorizations, consents or approvals specifically contemplated in the New Lease.
Authority, Authorizations and Consents. Developer is a Virginia limited liability company. Developer has all necessary power and authority to enter into this Agreement and to perform its obligations hereunder. The execution, delivery and performance of this Agreement by Developer have been duly and validly authorized by all necessary action and proceedings, and no further action or authorization is necessary on the part of Developer in order to consummate the transactions contemplated herein. This Agreement is a legal, valid and binding obligation of Developer, enforceable in accordance with its terms. No authorization, consent or approval of, or notice to, any governmental entity or other person or entity is required to be obtained or given in connection with the execution and delivery of this Agreement by Developer or the performance of any of Developer’s obligations hereunder. In the event that Developer assigns this Agreement (in accordance with its terms) to another entity acting as the developer hereunder, such entity shall make the same (but corrected, as necessary) representations set forth in this Section 7.01 as of the date of Closing.
Authority, Authorizations and Consents. Optionee is a California nonprofit public benefit corporation. Optionee has all necessary power and authority to enter into this Agreement and to perform its obligations hereunder. The execution, delivery and performance of this Agreement by Optionee have been duly and validly authorized by all necessary action and proceedings, and no further action or authorization is necessary on the part of Optionee in order to consummate the transactions contemplated herein. This Agreement is a legal, valid and binding obligation of Optionee, enforceable in accordance with their respective terms. No authorization, consent or approval of, or notice to, any governmental entity or other person or entity is required to be obtained or given in connection with the execution and delivery of this Agreement by Optionee or the performance of any of Optionee’s obligations hereunder.
Authority, Authorizations and Consents. AW9 is a Virginia limited liability company. AW9 has all necessary power and authority to enter into this Agreement and to perform its obligations hereunder. The execution, delivery and performance of this Agreement by AW9 have been duly and validly authorized by all necessary action and proceedings, and no further action or authorization is necessary on the part of AW9 in order to consummate the transactions contemplated herein. This Agreement is a legal, valid, and binding obligation of AW9, enforceable in accordance with its respective terms. No authorization, consent or approval of, or notice to, any governmental entity or other person or entity is required to be obtained or given in connection with the execution and delivery of this Agreement by AW9 or the performance of any of AW9’s obligations hereunder. In the event that AW9 assigns this Agreement (in accordance with its terms) to another entity, such entity will make the same (but corrected, as necessary) representations set forth in this Section 5.3(a) as of the Closing Date.
Authority, Authorizations and Consents. The FCRHA is a political subdivision of the Commonwealth of Virginia. The FCRHA has all necessary power and authority to enter into this Agreement and to perform its obligations hereunder. The execution, delivery and performance of this Agreement has been duly and validly authorized by all necessary action and proceedings, and no further action or authorization is necessary on the part of the FCRHA in order to consummate the transactions contemplated herein. This Agreement is a legal, valid and binding obligation of the FCRHA, enforceable in accordance with its terms. Subject to the receipt of the HUD Approval as provided in Section 6.4 below, the FCRHA has obtained all authorizations, consents or approvals of any governmental entity or other person or entity required to be obtained or given in connection with the execution and delivery of this Agreement by the FCRHA or the performance of any of the FCRHA’s obligations hereunder.
Authority, Authorizations and Consents. LAC4-South is a Virginia limited liability company. LAC4-South has all necessary power and authority to enter into this Agreement and to perform its obligations hereunder. The execution, delivery, and performance of this Agreement by LAC4-South have been duly and validly authorized by all necessary action and proceedings, and no further action or authorization is necessary on the part of LAC4-South in order to consummate the transactions contemplated herein. This Agreement is a legal, valid, and binding obligation of LAC4-South, enforceable in accordance with its respective terms. No authorization, consent, or approval of, or notice to, any governmental entity or other person or entity is required to be obtained or given in connection with the execution and delivery of this Agreement by LAC4- South or the performance of any of LAC4-South’s obligations hereunder. In the event that LAC4- South assigns this Agreement (in accordance with its terms) to another entity, such entity will make the same (but corrected, as necessary) representations set forth in this Section 5.3(a) as of the Closing Date.
Authority, Authorizations and Consents. One University is a Virginia limited liability company. One University has all necessary power and authority to enter into this Agreement and to perform its obligations hereunder. The execution, delivery and performance of this Agreement by One University have been duly and validly authorized by all necessary action and proceedings, and no further action or authorization is necessary on the part of One University in order to consummate the transactions contemplated herein. This Agreement is a legal, valid and binding obligation of One University, enforceable in accordance with its terms. No authorization, consent or approval of, or notice to, any governmental entity or other person or entity is required to be obtained or given in connection with the execution and delivery of this Agreement by One University or the performance of any of One University’s obligations hereunder. If One University assigns this Agreement (in accordance with its terms) to another entity acting as the optionee hereunder, such entity shall make the same (but corrected, as necessary) representations set forth in this Section 5.3(a) as of the Closing Date.
Authority, Authorizations and Consents. FCRHA is a political subdivision of the Commonwealth of Virginia. FCRHA has all necessary power and authority to enter into this Agreement and to perform its obligations hereunder. The execution, delivery and performance of this Agreement has been duly and validly authorized by all necessary action and proceedings, and no further action or authorization is necessary on the part of FCRHA in order to consummate the transactions contemplated herein. This Agreement is a legal, valid and binding obligation of FCRHA, enforceable in accordance with its respective terms. FCRHA has obtained all authorizations, consents or approvals of any governmental entity or other person or entity required to be obtained or given in connection with the execution and delivery of this Agreement by FCRHA or the performance of any of FCRHA’s obligations hereunder.
Authority, Authorizations and Consents. APAH is a Virginia limited liability company. APAH has all necessary power and authority to enter into this Agreement and to perform its obligations hereunder. The execution, delivery and performance of this Agreement by APAH have been duly and validly authorized by all necessary action and proceedings, and no further action or authorization is necessary on the part of APAH in order to consummate the transactions contemplated herein. This Agreement is a legal, valid and binding obligation of APAH, enforceable in accordance with its respective terms. No authorization, consent or approval of, or notice to, any governmental entity or other person or entity is required to be obtained or given in connection with the execution and delivery of this Agreement by APAH or the performance of any of APAH’s obligations hereunder. In the event that APAH assigns this Agreement (in accordance with its terms) to another entity, such entity will make the same (but corrected, as necessary) representations set forth in this Section 5.3(a) as of the Closing Date.
