Common use of Good Standing of the Advisor Clause in Contracts

Good Standing of the Advisor. The Advisor is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, and has the requisite power and authority to enter into and perform its obligations under the Advisory Agreement.

Appears in 3 contracts

Samples: Terms Agreement (Universal Health Realty Income Trust), Equity Offeringsm Sales Agreement (Universal Health Realty Income Trust), Terms Agreement (Universal Health Realty Income Trust)

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Good Standing of the Advisor. The Advisor has been duly organized and is validly existing as a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware, Delaware and has the requisite power and authority to enter into and perform its obligations under the Advisory Agreement.

Appears in 1 contract

Samples: Terms Agreement (Universal Health Realty Income Trust)

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