Common use of Corporate/Partnership Powers Clause in Contracts

Corporate/Partnership Powers. The execution, delivery and performance of this Agreement and the other Loan Documents required to be delivered by Borrower hereunder are within its partnership authority, have been duly authorized by all requisite action, and are not in conflict with the terms of any organizational documents of such entity, or any instrument or agreement to which Borrower or General Partner is a party or by which Borrower, General Partner or any of their respective assets may be bound or affected (which conflict with any such instrument or agreement would likely cause a Material Adverse Change to occur).

Appears in 7 contracts

Samples: Term Loan Agreement (Vornado Realty Lp), Term Loan Agreement (Vornado Realty Lp), Term Loan Agreement (Vornado Realty Lp)

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Corporate/Partnership Powers. The execution, delivery and performance of this Agreement and the other Loan Documents required to be delivered by Borrower hereunder are within its partnership authority, have been duly authorized by all requisite action, and are not in conflict with the terms of any organizational documents of such entity, or any instrument or agreement to which Borrower or General Partner is a party or by which Borrower, General Partner or any of their respective assets may be bound or affected (which conflict with any such instrument or agreement would likely cause a Material Adverse Change to occurChange).

Appears in 5 contracts

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

Corporate/Partnership Powers. The execution, delivery and performance of this Agreement and the other Loan Documents required to be delivered by Borrower hereunder are within its partnership authorityauthority and the trust power of General Partner, have been duly authorized by all requisite action, and are not in conflict with the terms of any organizational documents instruments of such entity, or any instrument or agreement to which Borrower or General Partner is a party or by which Borrower, General Partner or any of their respective assets may be bound or affected (which conflict with any such instrument or agreement would likely cause a Material Adverse Change to occur)affected.

Appears in 2 contracts

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

Corporate/Partnership Powers. The execution, delivery and performance of this Agreement and the other Loan Documents required to be delivered by Borrower hereunder are within its partnership authority, have been duly authorized by all requisite action, and are not in conflict with the terms of any organizational documents instruments of such entity, or any instrument or agreement to which Borrower or General Partner is a party or by which Borrower, General Partner or any of their respective assets may be bound or affected (which conflict with any such instrument or agreement would likely cause a Material Adverse Change to occur)affected.

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Vornado Realty Lp), Assignment and Assumption Agreement (Vornado Realty Trust)

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Corporate/Partnership Powers. The execution, delivery and performance of this Agreement and the other Loan Documents required to be delivered by Borrower hereunder are within its partnership authorityauthority and the corporate power of General Partner, have been duly authorized by all requisite action, and are not in conflict with the terms of any organizational documents instruments of such entity, or any instrument or agreement to which Borrower or General Partner is a party or by which Borrower, General Partner or any of their respective assets may be bound or affected (which conflict with any such instrument or agreement would likely cause a Material Adverse Change to occur)affected.

Appears in 1 contract

Samples: Assignment and Assumption Agreement (Vornado Realty Lp)

Corporate/Partnership Powers. The execution, delivery and performance of this Agreement and the other Loan Documents required to be delivered by Borrower and the General Partner hereunder are within its Borrower's partnership authorityauthority and the trust power of General Partner, have been duly authorized by all requisite action, and are not in conflict with the terms of any organizational documents instruments of such entity, or any instrument or agreement to which Borrower or General Partner is a party or by which Borrower, General Partner or any of their respective assets may be bound or affected (which conflict with any such instrument or agreement would likely cause a Material Adverse Change to occur)affected.

Appears in 1 contract

Samples: Revolving Credit Agreement (Vornado Realty Trust)

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