Common use of Corporate or Other Power Clause in Contracts

Corporate or Other Power. The Company is duly organized and validly existing in good standing as a limited liability company under the laws of the Commonwealth of Pennsylvania. The Company has the requisite power and authority to execute, deliver, carry out, and perform its obligations under each Transaction Document to which it is a party, including, without limitation, the power and authority to sell, assign, transfer and deliver the Subject Interests to the Purchaser as contemplated hereunder.

Appears in 2 contracts

Samples: Stock Purchase Agreement (Brookdale Senior Living Inc.), Stock Purchase Agreement (Brookdale Senior Living Inc.)

AutoNDA by SimpleDocs

Corporate or Other Power. The Company is duly organized and validly existing in good standing as a limited liability company under the laws of the Commonwealth of Pennsylvania. The Company has the requisite power and authority to execute, deliver, carry out, and perform its obligations under each Transaction Document to which it is a party, including, without limitation, the power and authority to sell, assign, transfer and deliver the Subject Interests to the Purchaser as contemplated hereunder.

Appears in 2 contracts

Samples: Membership Interest Purchase Agreement (Brookdale Senior Living Inc.), Membership Interest Purchase Agreement (Brookdale Senior Living Inc.)

AutoNDA by SimpleDocs

Corporate or Other Power. The Company is duly organized and validly existing in good standing as a limited liability company corporation under the laws of the Commonwealth of Pennsylvania. The Company has the requisite power and authority to execute, deliver, carry out, and perform its obligations under each Transaction Document to which it is a party, including, without limitation, the power and authority to sell, assign, transfer and deliver the Subject Interests to the Purchaser as contemplated hereunder.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Brookdale Senior Living Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!