Common use of Organization, Authorization and Consents Clause in Contracts

Organization, Authorization and Consents. Seller is a duly organized and validly existing limited liability company under the laws of the State of Delaware. Seller has the right, power and authority to enter into this Agreement and to convey the Property in accordance with the terms and conditions of this Agreement, to engage in the transactions contemplated in this Agreement and to perform and observe the terms and provisions hereof.

Appears in 5 contracts

Samples: Purchase and Sale Agreement (Generation Income Properties, Inc.), Purchase and Sale Agreement (Wells Mid-Horizon Value-Added Fund I LLC), Purchase and Sale Agreement (Wells Mid-Horizon Value-Added Fund I LLC)

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Organization, Authorization and Consents. Seller is a duly organized and validly existing limited liability company partnership under the laws of the State of Delaware. Seller has the right, power and authority to enter into this Agreement and to convey the Property in accordance with the terms and conditions of this Agreement, to engage in the transactions contemplated in this Agreement and to perform and observe the terms and provisions hereof.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Kite Realty Group Trust), Purchase and Sale Agreement (Kite Realty Group Trust), Purchase and Sale Agreement (Kite Realty Group Trust)

Organization, Authorization and Consents. Seller is a duly organized and validly existing limited liability company under the laws of the State of Delaware. Seller has the right, power and authority authority, and all required limited liability company approvals, to enter into this Agreement and to convey the Property in accordance with the terms and conditions of this Agreement, to engage in the transactions contemplated in this Agreement and to perform and observe the terms and provisions hereof.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Wells Mid-Horizon Value-Added Fund I LLC)

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Organization, Authorization and Consents. Seller is a duly organized and validly existing limited liability company under the laws of the State of DelawareNorth Carolina. Seller has the right, power and authority to enter into this Agreement and to convey the Property in accordance with the terms and conditions of this Agreement, to engage in the transactions contemplated in this Agreement and to perform and observe the terms and provisions hereof.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Generation Income Properties, Inc.)

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