Common use of Due Authorization of Partnership Agreement Clause in Contracts

Due Authorization of Partnership Agreement. The Partnership Agreement has been duly and validly authorized, executed and delivered by or on behalf of the partners of the Operating Partnership and constitutes a valid and binding agreement of the parties thereto, enforceable in accordance with its terms, except as enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or similar laws affecting creditors’ rights generally or by general principles of equity.

Appears in 18 contracts

Samples: Common Stock Purchase Agreement (Ashford Hospitality Trust Inc), Common Stock Purchase Agreement (Ashford Hospitality Trust Inc), Common Stock Purchase Agreement (Ashford Hospitality Trust Inc)

AutoNDA by SimpleDocs

Due Authorization of Partnership Agreement. The Agreement of Limited Partnership Agreement of the Partnership, including any amendments thereto (the “Partnership Agreement”), has been duly and validly authorized, executed and delivered by or on behalf of the all partners of the Operating Partnership and constitutes a valid and binding agreement of the parties theretoagreement, enforceable in accordance with its terms, except as enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or similar laws affecting creditors’ rights generally or by general principles of equity.

Appears in 5 contracts

Samples: Equity Distribution Agreement (Parkway Properties Inc), Equity Distribution Agreement (Parkway Properties Inc), Equity Distribution Agreement (Parkway Properties Inc)

AutoNDA by SimpleDocs

Due Authorization of Partnership Agreement. The Agreement of Limited Partnership Agreement of the Partnership, including any amendments thereto (the "Partnership Agreement"), has been duly and validly authorized, executed and delivered by or on behalf of the all partners of the Operating Partnership and constitutes a valid and binding agreement of the parties theretoagreement, enforceable in accordance with its terms, except as enforceability may be limited by bankruptcy, insolvency, reorganization, moratorium or similar laws affecting creditors' rights generally or by general principles of equity.

Appears in 2 contracts

Samples: Underwriting Agreement (Parkway Properties Inc), Underwriting Agreement (Parkway Properties Inc)

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