Common use of Organization, Authorization and Consents Clause in Contracts

Organization, Authorization and Consents. Each Seller is a duly organized and validly existing general partnership under the laws of the State of Georgia. Each 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 (Wells Real Estate Fund Iii L P)

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Organization, Authorization and Consents. Each Seller is a duly organized and validly existing general partnership joint venture under the laws of the State of Georgia. Each 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 (Wells Real Estate Fund Ix Lp)

Organization, Authorization and Consents. Each Seller is a duly organized and validly existing general limited partnership under the laws of the State of Georgia. Each Georgia whose general partners are Cousins and C & S Premises β€” SPE, Inc. 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 (Cousins Properties Inc)

Organization, Authorization and Consents. Each Seller is a duly organized and validly existing general partnership under the laws of the State of Georgia, whose sole general partners are Xxxxx Real Estate Fund XIII, L.P., a Georgia limited partnership and Xxxxx Real Estate Fund XIV, L.P., a Georgia limited partnership. Each 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 (Wells Real Estate Fund Xiii L P)

Organization, Authorization and Consents. Each Seller is a duly organized and validly existing general partnership under the laws of the State of Georgia, and holds fee simple, insurable title to said Property. Each 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 (Wells Real Estate Fund Iv L P)

Organization, Authorization and Consents. Each Seller is a duly organized and validly existing general partnership under the laws of the State of Georgia. Each 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 (Wells Real Estate Fund Vi L P)

Organization, Authorization and Consents. Each Seller is a duly organized and validly existing general limited partnership under the laws of the State of Delaware and is authorized to transact business in the State of Georgia. Each Seller has the right, power and authority to enter into this Agreement and to convey the Property Asset 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 (Preferred Apartment Communities Inc)

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Organization, Authorization and Consents. Each Seller is a duly organized and validly existing general partnership under the laws of the State of Georgia. Each Seller has the right, power and authority to enter into this Agreement and to convey the Property Properties 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 Real Estate Investment Trust Ii Inc)

Organization, Authorization and Consents. Each Seller is a duly organized and validly existing general partnership under the laws of the State of Georgia. Each 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 (Wells Real Estate Fund I)

Organization, Authorization and Consents. Each Seller is a duly organized and validly existing general limited partnership under the laws of the State of Georgia. Each 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 (Wells Real Estate Fund Iii L P)

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