Common use of Due Authorization, etc Clause in Contracts

Due Authorization, etc. The Transaction Documents have been, and each instrument provided for herein or therein to which Buyer is a party will be, when executed and delivered as contemplated hereby, duly authorized, executed and delivered by Buyer and the Transaction Documents constitute, and each such instrument will constitute, when executed and delivered as contemplated hereby, legal, valid and binding obligations of the Buyer enforceable in accordance with their terms.

Due Authorization, etc. The This Agreement and the Closing Documents (collectively the “Transaction Documents Documents”) have been, and each instrument provided for herein or therein to which Buyer Seller is a party will be, when executed and delivered as contemplated hereby, duly hereby authorized, executed and delivered by Buyer Seller and the Transaction Documents constitute, and each such instrument will constitute, when executed and delivered as contemplated hereby, legal, valid and binding obligations of the Buyer Seller and enforceable in accordance with their terms.

Due Authorization, etc. The Transaction Documents have been, and each instrument provided for herein or therein to which Buyer is a party will be, when executed and delivered as contemplated hereby, duly authorized, executed and delivered by Buyer and the Transaction Documents constitute, and each such instrument will constitute, when executed and delivered as contemplated hereby, legal, valid and binding obligations of the Buyer enforceable in accordance with their terms.. PURCHASE AND SALE AGREEMENT Gateway / Summit Healthcare REIT, Inc.