Authorization and Execution. This Agreement has been duly authorized by all necessary action on the part of Seller, has been duly executed and delivered by Seller, constitutes the valid and binding agreement of Seller and is enforceable in accordance with its terms.
Appears in 17 contracts
Samples: Stock Purchase Agreement (Sun Life Financial Inc), Agreement of Purchase and Sale (Apple REIT Eight, Inc.), Agreement of Purchase and Sale (Apple REIT Seven, Inc.)
Authorization and Execution. This Agreement has been duly authorized by all necessary action on the part of Seller, has been duly executed and delivered by Seller, constitutes the valid and binding agreement of Seller and is enforceable in accordance with its terms. The person executing this Agreement on behalf of Seller has the authority to do so.
Appears in 9 contracts
Samples: Agreement of Purchase and Sale (Ashford Hospitality Trust Inc), Agreement of Purchase and Sale (Braemar Hotels & Resorts Inc.), Asset Purchase Agreement (Surge Holdings, Inc.)
Authorization and Execution. This Agreement has been duly authorized by all necessary action on the part of the Seller, has been duly executed and delivered by the Seller, constitutes the valid and binding agreement of the Seller and is enforceable in accordance with its terms.
Appears in 5 contracts
Samples: Purchase Agreement (Humphrey Hospitality Trust Inc), Purchase Agreement (Humphrey Hospitality Trust Inc), Purchase Agreement (Humphrey Hospitality Trust Inc)
Authorization and Execution. This Agreement has been duly authorized by all necessary action on the part of Seller, the Seller and has been duly executed and delivered by the Seller. Seller shall deliver to Purchaser, constitutes prior to Settlement, all organizational documents, resolutions, certificates and other materials reasonably required by Purchaser to confirm the valid and binding agreement of Seller and is enforceable in accordance with its termsforegoing.
Appears in 4 contracts
Samples: Assignment of Agreement of Purchase and Sale (Aei Income & Growth Fund 25 LLC), Assignment of Agreement of Purchase and Sale (Aei Income & Growth Fund 25 LLC), Assignment and Assumption of Purchase Agreement (Aei Income & Growth Fund 25 LLC)
Authorization and Execution. This Agreement has been duly authorized by all necessary action on the part of the Seller, has been duly executed and delivered by the Seller, constitutes the valid and binding agreement of the Seller and is enforceable in accordance with its terms. There is no other person or entity who has an ownership interest in the Property or whose consent is required in connection with the Seller's performance of its obligations hereunder.
Appears in 3 contracts
Samples: Agreement of Purchase (Innkeepers Usa Trust/Fl), Agreement of Purchase (Innkeepers Usa Trust/Fl), Agreement of Purchase (Innkeepers Usa Trust/Fl)
Authorization and Execution. This Agreement has been duly authorized by all necessary action on the part of Seller, has been duly executed and delivered by Seller, constitutes the valid and binding agreement of Seller and is enforceable in accordance with its terms. The person executing this Agreement on behalf of Xxxxxx has the authority to do so.
Appears in 2 contracts
Samples: Agreement of Purchase and Sale (Ashford Inc.), Agreement of Purchase and Sale (Ashford Hospitality Trust Inc)
Authorization and Execution. This Agreement has been duly authorized --------------------------- by all necessary action on the part of the Seller, has been duly executed and delivered by the Seller, constitutes the valid and binding agreement of the Seller and is enforceable in accordance with its terms.
Appears in 2 contracts
Samples: Purchase Leaseback Agreement (Hersha Hospitality Trust), Purchase Agreement (Hersha Hospitality Trust)
Authorization and Execution. This Agreement has been duly authorized by all necessary action on the part of the Seller, has been duly executed and delivered by the Seller, constitutes the valid and binding agreement of the Seller and is enforceable in accordance with its terms. There is no other person or entity who has an ownership interest in the Property to be sold hereunder by the Seller or whose consent is required in connection with the Seller’s performance of its obligations hereunder.
Appears in 2 contracts
Samples: Agreement of Purchase and Sale (Chatham Lodging Trust), Agreement of Purchase and Sale (Chatham Lodging Trust)
Authorization and Execution. This Agreement has been duly authorized by --------------------------- all necessary action on the part of the Seller, has been duly executed and delivered by the Seller, constitutes the valid and binding agreement of the Seller and is enforceable in accordance with its terms.
Appears in 1 contract
Authorization and Execution. This Agreement has been --------------------------- duly authorized by all necessary action on the part of the Seller, has been duly executed and delivered by the Seller, constitutes the valid and binding agreement of the Seller and is enforceable in accordance with its terms.
Appears in 1 contract
Authorization and Execution. This Agreement has been duly authorized by all necessary action on the part of Seller, Seller and has been duly executed and delivered by the Seller. Seller shall deliver to Purchaser, constitutes prior to Settlement, all organizational documents, resolutions, certificates and other materials reasonably required by Purchaser to confirm the valid and binding agreement of Seller and is enforceable in accordance with its termsforegoing.
Appears in 1 contract
Samples: Assignment of Purchase Agreement (Aei Income & Growth Fund Xxi LTD Partnership)
Authorization and Execution. This Agreement has been duly authorized by all necessary action on the part of SellerSELLER, has been duly executed and delivered by SellerSELLER, constitutes the valid and binding agreement of Seller SELLER and is enforceable in accordance with its terms. There is no other Person whose consent is required in connection with SELLER’s performance of its obligations hereunder. The person executing this Agreement on behalf of SELLER has the authority to do so.
Appears in 1 contract
Authorization and Execution. This Agreement has been duly authorized ---------------------------- by all necessary action on the part of the Seller, has been duly executed and delivered by the Seller, constitutes the valid and binding agreement of the Seller and is enforceable in accordance with its terms. There is no other person or entity who has an ownership interest in the Property or whose consent is required in connection with the Seller's performance of its obligations hereunder.
Appears in 1 contract
Samples: Agreement of Purchase and Sale (Hudson Hotels Trust)
Authorization and Execution. This Agreement has been duly authorized by all necessary action on the part of each Seller, has been duly executed and delivered by each Seller, constitutes the valid and binding agreement of each Seller and is enforceable in accordance with its terms. There is no other Person or entity who has an ownership interest in the Property to be sold hereunder by each Seller or whose consent is required in connection with each Seller’s performance of its obligations hereunder.
Appears in 1 contract
Samples: Agreement of Purchase and Sale (Chatham Lodging Trust)
Authorization and Execution. This Subject to the board approval set forth in Section 5.2(d), this Agreement has been duly authorized by all necessary action on the part of Seller, has been duly executed and delivered by Seller, constitutes the valid and binding agreement of Seller and is enforceable in accordance with its terms. The person executing this Agreement on behalf of Seller has the authority to do so.
Appears in 1 contract
Samples: Agreement of Purchase and Sale (Ashford Hospitality Prime, Inc.)
Authorization and Execution. This Agreement has been duly authorized by all necessary action on the part of each Seller, has been duly executed and delivered by each Seller, constitutes the valid and binding agreement of each Seller and is enforceable in accordance with its terms. There is no other person or entity who has an ownership interest in the Property to be sold hereunder by each Seller or whose consent is required in connection with each Seller’s performance of its obligations hereunder (which consent has not been obtained).
Appears in 1 contract
Samples: Agreement of Purchase and Sale (Chatham Lodging Trust)
Authorization and Execution. This Agreement has been duly authorized by all necessary action on the part of each Seller, has been duly executed and delivered by each Seller, constitutes the valid and binding agreement of each Seller and is enforceable in accordance with its terms. The person executing this Agreement on behalf of each Seller has the authority to do so.
Appears in 1 contract
Samples: Agreement of Purchase and Sale (Gaylord Entertainment Co /De)
Authorization and Execution. This Agreement has been duly authorized by all necessary action on the part of Sellerthe Sellers, has been duly executed and delivered by Sellerthe Sellers, constitutes the valid and binding agreement of Seller the Sellers and is enforceable in accordance with its terms.
Appears in 1 contract
