Common use of Authority Documents Clause in Contracts

Authority Documents. Certified copy of resolutions of the Board of Directors of Buyer authorizing the purchase of the Hotel contemplated by this Contract, and/or other evidence satisfactory to Seller and the Title Company that the person or persons executing the closing documents on behalf of Buyer have full right, power and authority to do so.

Appears in 147 contracts

Samples: Purchase Agreement, Purchase Contract (Apple REIT Ten, Inc.), Purchase Contract (Apple REIT Ten, Inc.)

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Authority Documents. Certified copy of resolutions of the Board of Directors of Buyer Seller authorizing the purchase sale of the Hotel Property contemplated by this Contract, and/or other evidence reasonably satisfactory to Seller Buyer and the Title Company that the person or persons executing the closing documents on behalf of Buyer Seller have full right, power and authority to do so, along with a certificate of good standing of Seller from the State in which the Property is located.

Appears in 68 contracts

Samples: Purchase Contract (Apple REIT Ten, Inc.), Purchase Contract (Apple REIT Ten, Inc.), Purchase Contract (Apple REIT Ten, Inc.)

Authority Documents. Certified copy of resolutions of the Board of Directors of Buyer authorizing the purchase of the Hotel contemplated by this Contract, and/or other evidence satisfactory to Seller and the Title Company that the person or persons executing the closing documents on behalf of Buyer have full right, power and authority to do so, along with a certificate of good standing from Buyer from the State in which the Property is located.

Appears in 5 contracts

Samples: Purchase Contract (Apple REIT Nine, Inc.), Purchase Contract (Apple REIT Nine, Inc.), Purchase Contract (Apple REIT Nine, Inc.)

Authority Documents. Certified copy of resolutions of the Board of Directors of Buyer authorizing the purchase of the Hotel Hotels contemplated by this Contract, and/or other evidence satisfactory to Seller and the Title Company that the person or persons executing the closing documents on behalf of Buyer have full right, power and authority to do so.

Appears in 4 contracts

Samples: Purchase Contract (Apple REIT Nine, Inc.), Purchase Contract (Apple REIT Nine, Inc.), Purchase Contract (Apple REIT Nine, Inc.)

Authority Documents. Certified copy of resolutions of the Board of Directors partners, members or the other applicable constituent owners of Buyer authorizing the purchase of the Hotel contemplated by this Contract, and/or other evidence reasonably satisfactory to Seller and the Title Company that the person or persons executing the closing documents on behalf of Buyer have full right, power and authority to do so.

Appears in 3 contracts

Samples: Purchase Contract (Hersha Hospitality Trust), Purchase Contract (Hersha Hospitality Trust), Purchase Contract (Hersha Hospitality Trust)

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Authority Documents. Certified copy of resolutions of the Board of Directors of Buyer authorizing the purchase of the such Hotel Property contemplated by this Contract, and/or other evidence satisfactory to Seller and the Title Company that the person or persons executing the closing documents on behalf of Buyer have full right, power and authority to do so.

Appears in 1 contract

Samples: Purchase Contract (Apple Reit Six Inc)

Authority Documents. Certified copy of resolutions of the Board of Directors of Buyer authorizing the purchase of the applicable Hotel Property as contemplated by this Option Contract, and/or other evidence satisfactory to Seller and the Title Company that the person or persons executing the closing documents on behalf of Buyer have full right, power and authority to do so.

Appears in 1 contract

Samples: Purchase Contract (Orange Hospitality, INC)

Authority Documents. Certified copy of resolutions of the Board of Directors of Buyer authorizing the purchase of the Hotel contemplated by this Contract, and/or other evidence satisfactory to Seller and the Title Company that the person or persons executing the closing Closing documents on behalf of Buyer have full right, power and authority to do so.

Appears in 1 contract

Samples: Purchase Contract (Apple REIT Ten, Inc.)

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