Common use of Authority/Consent Clause in Contracts

Authority/Consent. Purchaser possesses all requisite power and authority, has taken all actions required by its organizational documents and applicable law, and has obtained all necessary consents, to execute and deliver this Agreement and will, by Closing, have taken all actions required by its organizational documents and applicable law to consummate the transactions contemplated in this Agreement.

Appears in 6 contracts

Samples: Purchase and Sale Agreement (Global Income Trust, Inc.), Purchase and Sale Agreement (KBS Strategic Opportunity REIT, Inc.), Purchase and Sale Agreement (Amazon Com Inc)

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Authority/Consent. Purchaser possesses all requisite power and authority, has taken all actions required by its organizational documents and applicable law, and has obtained all necessary consents, to execute and deliver this Agreement and will, will by Closing, Closing have taken all actions required by its organizational documents and applicable law law, to consummate the transactions contemplated in this Agreement.

Appears in 4 contracts

Samples: Purchase and Sale Agreement (CNL Growth Properties, Inc.), Purchase and Sale Agreement (CNL Growth Properties, Inc.), Assignment and Assumption Agreement (Bluerock Residential Growth REIT, Inc.)

Authority/Consent. Purchaser possesses all requisite power and authority, has taken all actions required by its organizational documents and applicable law, and has obtained all necessary consents, to execute and deliver this Agreement and will, by Closing, have taken all actions required by its organizational documents and applicable law to consummate the transactions contemplated in this Agreement.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Alnylam Pharmaceuticals, Inc.), Purchase and Sale Agreement (Hines Real Estate Investment Trust Inc), Purchase and Sale Agreement (Wells Real Estate Investment Trust Inc)

Authority/Consent. Purchaser possesses all requisite power and authority, has taken all actions required by its organizational documents and applicable law, and has obtained all necessary consents, to execute and deliver this Agreement and will, by Closing, have taken all actions required by its organizational documents and applicable law to consummate the transactions contemplated in this Agreement. · Each individual executing this Agreement on behalf of Purchaser represents and warrants to Seller that he is duly authorized to do so.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Bluerock Residential Growth REIT, Inc.)

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Authority/Consent. Purchaser Buyer possesses all requisite power and authority, has taken all actions required by its organizational documents and applicable law, and has obtained all necessary consents, to execute and deliver this Agreement and will, will by Closing, Closing have taken all actions required by its organizational documents and applicable law law, to consummate the transactions contemplated in this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement (United Insurance Holdings Corp.)

Authority/Consent. Purchaser possesses all requisite power and authority, has taken all actions required by its organizational documents and applicable law, and has obtained all necessary consents, to execute and deliver this Agreement and will, by Closing, have taken all actions required by its organizational documents and applicable law to consummate the transactions contemplated in this Agreement. Each individual executing this Agreement on behalf of Purchaser represents and warrants to Seller that he is duly authorized to do so.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Bluerock Multifamily Growth REIT, Inc.)

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