Organization, Good Standing and Entity Authority. Purchaser is a corporation, duly organized, validly existing and in good standing under the laws of the State of Delaware. Purchaser has all requisite corporate power to own and operate its properties and carry on its business.
Organization, Good Standing and Entity Authority. Transferee is a limited partnership, duly organized, validly existing and in good standing under the laws of Delaware, and has all requisite corporate power to own and operate its properties and carry on its business.
Organization, Good Standing and Entity Authority. Each of the Facility Owners is a limited liability company or a limited partnership, as the case may be, duly organized, validly existing and in good standing under the laws of the State in which the Facility which it owns is located (except for Sunrise Mission Viejo, which is organized under the laws of the Commonwealth of Virginia) , and has all requisite authority to own, and operate its Owned Assets and carry on its business. SDI and SALII are each corporations duly organized, validly existing and in good standing under the laws of the Commonwealth of Virginia. SALI is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware.
Organization, Good Standing and Entity Authority. Purchaser is a limited partnership, duly established, validly existing and in good standing under the laws of Jersey, and has all requisite corporate power to own and operate its properties and carry on its business.
Organization, Good Standing and Entity Authority. New Investor is a limited partnership, duly organized, validly existing and in good standing under the laws of Delaware, and has all requisite corporate power to own and operate its properties and carry on its business.
Organization, Good Standing and Entity Authority. Each Seller is a limited partnership, duly organized, validly existing and in good standing under the laws of the State in which the Facility owned by its wholly-owned subsidiary Facility Owner is located, and has all requisite authority to own, and operate its Owned Assets and carry on its business. Each Facility Owner will, prior to Closing, be a limited liability company duly organized, validly existing and in good standing under the laws of Delaware, and will, prior to Closing, have all requisite authority to own, operate and lease its properties and carry on its business. Each Facility Owner will, prior to Closing, be duly qualified to do business in the State in which the Facility owned by it is located.
Organization, Good Standing and Entity Authority. Sunrise is a corporation, duly organized, validly existing and in good standing under the laws of the State of Delaware, and has all requisite corporate authority to own and operate its properties and carry on its business.
Organization, Good Standing and Entity Authority. Each of the Facility Owners is a limited liability company or a limited partnership, as the case may be, duly organized, validly existing and in good standing under the laws of the State in which the Facility which it owns is located (other than SSLII East Meadow, which is organized in Delaware but authorized to transact business in New York) and has all requisite authority to own and operate its Owned Assets and to carry on its business as currently conducted. SSLII is a corporation duly organized, validly existing and in good standing under the laws of the Commonwealth of Virginia. SSLI is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware.
Organization, Good Standing and Entity Authority. Each of the Facility Owners is a limited liability company or a limited partnership, as the case may be, duly organized, validly existing and in good standing under the laws of the State in which the Facility which it owns is located (except for (1) Sunrise Arlington, which is duly organized, validly existing and in good standing in Virginia and authorized to transact business in Massachusetts and (2) Sunrise Fair Oaks which is duly organized, validly existing and in good standing in Delaware and authorized to transact business in California) and has all requisite authority to own, and operate its Owned Assets and carry on its business. SALII is a corporation duly organized, validly existing and in good standing under the laws of the Commonwealth of Virginia. SALI is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware.
Organization, Good Standing and Entity Authority. Sunrise Fairfield is a limited partnership duly organized, validly existing and in good standing under the laws of the State of New Jersey, and has all requisite authority to own and operate its properties and carry on its business. Sunrise Wayland is a limited partnership duly organized, validly existing and in good standing under the laws of the Commonwealth of Massachusetts, and has all requisite authority to own and operate its properties and carry on its business. Sunrise Hunter Mill is a limited partnership duly organized, validly existing and in good standing under the laws of the Commonwealth of Virginia, and has all requisite authority to own and operate its properties and carry on its business. Each Facility Owner is a limited liability company duly organized, validly existing and in good standing under the laws of Delaware, and has all requisite authority to own, operate and lease its properties and carry on its business. Each Facility Owner is duly qualified to do business in the State in which the Facility owned by it is located.
