Common use of Formation; Existence Clause in Contracts

Formation; Existence. Buyer is a limited partnership duly organized, validly existing and in good standing under the laws of the State of Delaware.

Appears in 4 contracts

Samples: Purchase and Sale Agreement (Wells Real Estate Investment Trust Inc), Option Agreement (Prime Group Realty Trust), Purchase and Sale Agreement (Prime Group Realty Trust)

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Formation; Existence. Buyer is a limited partnership duly organizedformed, validly existing and in good standing under the laws of the State of Delaware.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Strategic Student & Senior Housing Trust, Inc.), Purchase and Sale Agreement, Purchase and Sale Agreement (Resource Real Estate Opportunity REIT II, Inc.)

Formation; Existence. Buyer is a limited partnership liability company duly organized, validly existing and in good standing under the laws of the State of Delaware.

Appears in 3 contracts

Samples: Share Purchase Agreement (Chesapeake Lodging Trust), Purchase and Sale Agreement (La Quinta Holdings Inc.), Purchase and Sale Agreement (La Quinta Holdings Inc.)

Formation; Existence. Buyer is a limited partnership duly organizedformed, validly existing and in good standing under the laws of the State of Delaware.

Appears in 2 contracts

Samples: Agreement of Purchase and Sale, Purchase and Sale Agreement (Forestar Group Inc.)

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Formation; Existence. Buyer is a limited partnership duly organizedformed, validly existing and in good standing under the laws of the State of Delaware, except where the failure to be so qualified or licensed would not reasonably be expected, individually or in the aggregate, to have a Transaction Material Adverse Effect.

Appears in 1 contract

Samples: Membership Purchase Agreement

Formation; Existence. Buyer is a limited partnership corporation duly organized, validly existing and in good standing under the laws of the State of Delaware.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Shopco Regional Malls Lp)

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