Common use of Authority, Authorizations and Consents Clause in Contracts

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.

Appears in 2 contracts

Samples: Comprehensive Agreement, Ground Lease

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Authority, Authorizations and Consents. AW9 AW4 is a Virginia limited liability company. AW9 AW4 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 AW4 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 AW4 in order to consummate the transactions contemplated herein. This Agreement is a legal, valid, and binding obligation of AW9AW4, 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 AW4 or the performance of any of AW9AW4’s obligations hereunder. In the event that AW9 AW4 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.

Appears in 2 contracts

Samples: Comprehensive Agreement, Ground Lease

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