AUTHORITY TO EXECUTE; EXISTENCE Sample Clauses
The "Authority to Execute; Existence" clause confirms that each party entering into the agreement has the legal power and proper authorization to do so, and that the entity itself is validly existing under applicable law. In practice, this means that the individuals signing the contract on behalf of a company or organization have been duly empowered, and that the company is properly formed and in good standing. This clause helps prevent disputes over the validity of the contract by ensuring that all parties are legitimate and have the necessary authority to bind their respective organizations.
AUTHORITY TO EXECUTE; EXISTENCE. The undersigned persons executing and delivering this Agreement on behalf of the respective Parties represent and certify that they are the duly authorized representatives of each and have been fully empowered to execute and deliver this Agreement and that all necessary corporate action has been taken and done. Further, the undersigned representative of Buyer represents and warrants that Buyer is duly organized, validly existing, and in good standing under the laws of the State of Indiana.
AUTHORITY TO EXECUTE; EXISTENCE. The undersigned persons executing and delivering this Agreement on behalf of the respective Parties represent and certify that they are the duly authorized representatives of each and have been fully empowered to execute and deliver this Agreement and that all necessary corporate action has been taken and done.
AUTHORITY TO EXECUTE; EXISTENCE. The undersigned persons executing and delivering this Agreement on behalf of the respective Parties represent and certify that they are the duly authorized representatives of each and have been fully empowered to execute and deliver this Agreement and that all necessary corporate action has been taken and done. Further, the undersigned representative of Buyer represents and warrants that Buyer is duly organized, validly existing, and in good standing under the laws of the State ofindiana.
AUTHORITY TO EXECUTE; EXISTENCE. The undersigned persons executing and delivering this Agreement on behalf of the respective Parties represent and certify that they are the duly authorized representatives of each and have been fully empowered to execute and deliver this Agreement and that all necessary corporate action has been taken and done. Further, the undersigned representative of Buyer represents and warrants that Buyer is duly organized, validly existing, and in good standing under the laws of the State of Indiana. EXHIBIT A Lots Numbered Seventeen (17), Eighteen (18), Nineteen (19), Twenty (20), Twenty-one (21), Twenty-two (22) and Twenty-three (23) as shown on the recorded Plat of ▇▇▇▇▇▇▇ ▇. ▇▇▇▇'▇ Addition to the Town, now City of South Bend; including that part of Railroad Avenue heretofore vacated lying South of and adjoining said Lots 22 and 23. Also, the entire vacated alley running East and West lying between Lots 20 and 21 as shown on the recorded Plat of ▇▇▇▇▇▇▇ ▇. ▇▇▇▇'▇ Addition to the City of South Bend; also, the East One-half (1/2) of Vacated Franklin Street lying West of and adjacent to said Lots 17 through 23. Parcel Key Nos. ▇▇▇-▇▇▇▇-▇▇▇▇ and ▇▇▇-▇▇▇▇-▇▇▇▇ Lot Bas shown on the recorded plat of ▇▇▇▇'▇ Subdivision (First Replat) recorded on October 4, 2013, as Document No. 1330638 in the Office of the Recorder of St. ▇▇▇▇▇▇ County. Parcel Key No. ▇▇▇-▇▇▇▇-▇▇▇▇▇▇ THIS INDENTURE WITNESSETH, that the City ofSouth Bend, Department of Redevelopment, by and through its governing body, the South Bend Redevelopment Commission, 1400 S. County-City Building, ▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇ Boulevard, South Bend, Indiana (the "Grantor") CONVEYS AND SPECIALLY WARRANTS to ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ Commercial Corporation, doing business as Newmark ▇▇▇▇▇ ▇▇▇▇▇▇ & ▇▇▇▇▇▇▇, an Indiana corporation with its principal place ofbusiness at ▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇ (the "Grantee"), for and in consideration ofOne Dollar ($1.00) and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the following real estate located in St. ▇▇▇▇▇▇ County, Indiana (the "Property"): Lots Numbered Seventeen (17), Eighteen (18), Nineteen (19), Twenty (20), Twenty-one (21), Twenty-two (22) and Twenty-three (23) as shown on the recorded Plat ofWilliam ▇. ▇▇▇▇'▇ Addition to the Town, now City ofSouth Bend; including that part ofRailroad Avenue heretofore vacated lying South ofand adjoining said Lots 22 and 23. Also, the entire vacated alley running Eas...
AUTHORITY TO EXECUTE; EXISTENCE. The undersigned persons executing and delivering this Agreement on behalf of the respective Parties represent and certify that they are the duly authorized representatives of each and have been fully empowered to execute and deliver this Agreement and that all necessary corporate action has been taken and done. Further, the undersigned representative of Buyer represents and warrants that Buyer is duly organized, validly existing, and in good standing under the laws of the State of California.