Authority to Execute; Organization. This Agreement constitutes the valid and binding obligation of Purchaser and is enforceable against Purchaser in accordance with its terms, except as enforceability may be limited by equitable principles or by the laws of bankruptcy, insolvency, or other laws affecting creditors’ rights generally. Purchaser is a corporation validly organized and in good standing under the laws of the state of its organization, and the execution of this Agreement, delivery of money and all required documents, Purchaser’s performance of this Agreement and the transaction contemplated hereby have been duly authorized by the requisite action on the part of the Purchaser and Purchaser’s directors, shareholders, partners, members or trustees.
Authority to Execute; Organization. This Agreement constitutes the valid and binding obligation of Buyer and is enforceable against Buyer in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforcement of creditors' rights generally and general equitable principles. Buyer is a corporation, validly formed, duly organized, and in good standing under the laws of the State of Delaware. Buyer has full power and authority to enter into this Agreement, to perform its obligations hereunder, and to consummate the transactions contemplated hereby, and each of the persons signing this Agreement or other document or instrument contemplated hereby on behalf of Buyer is authorized to do so. The execution and delivery of this Agreement, delivery of money and all other required documents, Buyer's performance of this Agreement and the transactions contemplated hereby have been, or prior to the duly authorized by all requisite action on the part of Buyer and no consent or approval of any third party is required for the execution and delivery hereof by Buyer, Buyer's performance hereof or the consummation of the transaction contemplated hereby on Buyer's part, except for such consents or approvals as have been obtained and remain in full force and effect and except for the consent of Buyer's Board of Directors, which consent is required in connection with the exercise of the Option by Buyer. Neither the execution and delivery of this Agreement, nor the transaction as contemplated by this Agreement will conflict in any material respect with, or constitute a breach under, any agreement or instrument to which Buyer is a party, or to which Buyer is bound;
Authority to Execute; Organization. Developer has been duly organized and is validly existing as a Colorado limited liability company and is in good standing and authorized to do business in the State of Colorado. Developer has the full right and authority and has obtained any and all consents required to enter into this Agreement and to consummate or cause to be consummated the transaction contemplated herein. This Agreement has been, and all of the documents to be delivered by Developer at the Closing will be, authorized and properly executed and constitute, or will constitute, as appropriate, the valid and binding obligations of Developer, enforceable in accordance with their terms.
Authority to Execute; Organization. This Agreement constitutes the valid and binding obligation of Buyer and is enforceable against Buyer in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforcement of creditors’ rights generally and general equitable principles. Buyer represents that it is a limited liability company, validly formed, and duly organized and in good standing under the laws of the State of Delaware, and the execution of this Agreement, delivery of money, and all required documents, Buyer’s performance of this Agreement and the transaction contemplated hereby have been duly authorized by the requisite action on the part of Buyer; and
Authority to Execute; Organization. Subject only to ---------------------------------- the approval of this Agreement by the Board of Directors of the real estate investment trust with which Buyer is affiliated as provided in Section 7.2.7, this Agreement constitutes the valid and binding obligation of Buyer and is enforceable against Buyer in accordance with its terms. Buyer represents that it is a limited partnership, is validly formed and duly organized in good standing under the laws of the State of Delaware, and the execution of this Agreement, delivery of money and all required documents, Buyer's performance of this Agreement and the transaction contemplated hereby have been duly authorized by the requisite action on the part of the partnership except for approval of said Board of Directors. Buyer in addition represents that it is duly qualified to conduct business in the State of California.
Authority to Execute; Organization. Buyer has been duly organized and is validly existing as BioMed Realty, L.P., a Maryland limited partnership, in good standing in the States of Maryland and California. Buyer has the full right and authority and has obtained any and all consents required to enter into this Agreement and to consummate or cause to be consummated the transactions contemplated hereby. This Agreement has been, and all of the documents to be delivered by Buyer at the Closing will be, authorized and properly executed.
Authority to Execute; Organization. This Agreement constitutes the valid and binding obligation of Purchaser and is enforceable against Purchaser in accordance with its terms, except as enforceability may be limited by equitable principles or by the laws of bankruptcy, insolvency, or other laws affecting creditors’ rights generally. Purchaser is a California grantor trust validly organized and in good standing under the laws of the state of its organization, and the execution of this Agreement, delivery of money and all required documents, Purchaser’s performance of this Agreement and the transaction contemplated hereby have been duly authorized by the requisite action on the part of the Purchaser and Purchaser’s directors, shareholders, partners, members or trustees.
Authority to Execute; Organization. This Agreement constitutes the valid and binding obligation of Buyer and is enforceable against Buyer in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforcement of creditors' rights generally and general equitable principles. Buyer represents that it is a corporation, is validly formed and duly organized in good standing under the laws of the State of New Jersey and the execution of this Agreement, delivery of money and all required documents, Buyer's performance of this Agreement and the transaction contemplated hereby have been duly authorized by the requisite action on the part of Buyer;
Authority to Execute; Organization. This Agreement constitutes the valid and binding obligation of Buyer and is enforceable against Buyer in accordance with its terms, subject to bankruptcy, insolvency and similar laws affecting the enforcement of creditors' rights generally and general equitable principles.
Authority to Execute; Organization. Purchaser is validly organized and in good standing under the laws of the province of its organization, and the execution of this Agreement, delivery of money and all required documents, Purchaser's performance of this Agreement and the transaction contemplated hereby have been duly authorized by the requisite action on the part of the Purchaser and Purchaser's directors, partners, members, managers or trustees.
