Common use of Corporate/Partnership Powers Clause in Contracts

Corporate/Partnership Powers. The execution, delivery and performance of the Loan Documents required to be delivered by the Borrower hereunder are within the partnership authority of such entity and the corporate powers of the general partners of such entity, have been duly authorized by all requisite action, and are not in conflict with the terms of any organizational instruments of such entity, or any instrument or agreement to which the Borrower or the General Partner is a party or by which the Borrower, the General Partner or any of their respective assets may be bound or affected.

Appears in 15 contracts

Samples: Revolving Credit Agreement (First Industrial Lp), Unsecured Term Loan Agreement (First Industrial Lp), Unsecured Term Loan Agreement (First Industrial Lp)

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Corporate/Partnership Powers. The execution, delivery and performance of the Loan Documents required to be delivered by the Borrower hereunder are within the partnership authority of such entity and the corporate powers of the general partners of such entity, have been duly authorized by all requisite action, and are not in conflict with the terms of any organizational instruments of such entity, or any instrument or agreement to which the Borrower or the General Partner is a party or by which the Borrower, the General Partner or any of their respective assets may be bound or affected.

Appears in 10 contracts

Samples: Unsecured Revolving Credit And (First Industrial Realty Trust Inc), Credit Agreement (First Industrial Realty Trust Inc), Term Loan Agreement (First Industrial Realty Trust Inc)

Corporate/Partnership Powers. The execution, delivery and performance of the Loan Documents required to be delivered by the Borrower hereunder are within the partnership authority of such entity entities and the corporate or trust powers of the general partners of such entityentities, have been duly authorized by all requisite action, and are not in conflict with the terms of any organizational instruments of such entity, or any instrument or agreement to which either of the entities comprising the Borrower or the General Partner is a party or by which either of the Borrower, entities comprising the General Partner Borrower or any of their respective assets may be bound or affected.

Appears in 4 contracts

Samples: Unsecured Revolving Credit Agreement (Equity Inns Inc), Secured Revolving Credit Agreement (Equity Inns Inc), Assignment Agreement (Equity Inns Inc)

Corporate/Partnership Powers. The execution, delivery and performance of the Loan Documents required to be delivered by the Borrower hereunder are within the partnership authority of such entity entities and the corporate or trust powers of the general partners of such entityentities, have been duly authorized by all requisite action, and are not in conflict with the terms of any organizational instruments of such entity, or any instrument or agreement to which any of the entities comprising the Borrower or the General Partner is a party or by which either of the Borrower, entities comprising the General Partner Borrower or any of their respective assets may be bound or affected.

Appears in 2 contracts

Samples: Secured Revolving Credit Agreement (Equity Inns Inc), Credit Agreement (Equity Inns Inc)

Corporate/Partnership Powers. The execution, delivery and performance of the Loan Documents required to be delivered by the Borrower hereunder are within the its partnership authority of such entity and the corporate powers power of the general partners of such entityGeneral Partner, have been duly authorized by all requisite action, and are not in conflict with the terms of any organizational instruments of such entity, or any instrument or agreement to which the Borrower or the General Partner is a party or by which the Borrower, the General Partner or any of their respective assets may be bound or affected.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Vornado Realty Lp), Revolving Credit Agreement (Vornado Realty Trust)

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Corporate/Partnership Powers. The execution, delivery and performance of the Loan Documents required to be delivered by the Borrower hereunder are within the partnership or limited liability company authority of such entity entities and the corporate or trust powers of the general partners or managers of such entityentities, have been duly authorized by all requisite action, and are not in conflict with the terms of any organizational instruments of such entity, or any instrument or agreement to which any of the entities comprising the Borrower or the General Partner is a party or by which any of the Borrower, entities comprising the General Partner Borrower or any of their respective assets may be bound or affected.

Appears in 1 contract

Samples: Unsecured Revolving Credit Agreement (Equity Inns Inc)

Corporate/Partnership Powers. The execution, delivery and performance of the Loan Documents required to be delivered by the Borrower hereunder are within the its partnership authority of such entity and the corporate powers power of the general partners of such entityGuarantor, have been duly authorized by all requisite action, and are not in conflict with the terms of any organizational instruments of such entity, or any instrument or agreement to which the Borrower or the General Partner Guarantor is a party or by which the Borrower, the General Partner Guarantor or any of their respective assets may be bound or affected.

Appears in 1 contract

Samples: Revolving Credit Agreement (First Washington Realty Trust Inc)

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