Common use of Good Standing and Authority Clause in Contracts

Good Standing and Authority. The Company is a limited liability company duly organized and validly existing under the laws of the State of Delaware with the full power and authority to conduct its business and own its properties as described in the Offering Circular, including without limitation to acquire the assets and conduct the activities contemplated in the Offering Circular.

Good Standing and Authority. The Company is a limited liability company corporation duly organized and validly existing under the laws of the State of Delaware Maryland with the full power and authority to conduct its business and own its properties as described in the Offering Circular, including without limitation to acquire the assets and conduct the activities contemplated in the Offering Circular.