Common use of Ratification; Third Party Reliance Clause in Contracts

Ratification; Third Party Reliance. The Grantor does hereby ratify and confirm all that any Attorney-in-Fact shall lawfully do or cause to be done by virtue of the exercise of the powers granted unto it by the Grantor hereunder, and the Grantor authorizes the reliance of third parties on this Power of Attorney and waives its right, if any, as against any such third party for its reliance hereon.

Appears in 6 contracts

Samples: Option Agreement (Tower Realty Trust Inc), Tower 45 Option Agreement (Tower Realty Trust Inc), Tower 45 Option Agreement (Tower Realty Trust Inc)

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Ratification; Third Party Reliance. The Each Grantor does hereby ratify and confirm all that any the Attorney-in-Fact shall lawfully do or cause to be done by virtue of the exercise of the powers granted unto it by the such Grantor hereunder, and the such Grantor authorizes the reliance of third parties on this Power of Attorney and waives its rightrights, if any, as against any such third party for its reliance hereon.

Appears in 6 contracts

Samples: Omnibus Option Agreement (Eagle Hospitality Properties Trust, Inc.), Omnibus Option Agreement (Eagle Hospitality Properties Trust, Inc.), Omnibus Option Agreement (Eagle Hospitality Properties Trust, Inc.)

Ratification; Third Party Reliance. The Grantor does hereby ratify and confirm all that any Attorney-in-in- Fact shall lawfully do or cause to be done by virtue of the exercise of the powers granted unto it by the Grantor hereunder, and the Grantor authorizes the reliance of third parties on this Power of Attorney and waives its right, if any, as against any such third party for its reliance hereon.

Appears in 4 contracts

Samples: Tower 45 Option Agreement (Tower Realty Trust Inc), Option Agreement (Tower Realty Trust Inc), Tower 45 Option Agreement (Tower Realty Trust Inc)

Ratification; Third Party Reliance. The Each Grantor does hereby ---------------------------------- ratify and confirm all that any the Attorney-in-Fact shall lawfully do or cause to be done by virtue of the exercise of the powers granted unto it him by the such Grantor hereunderunder this Article V and Article VI, and the such Grantor authorizes the reliance of third parties on this Power of Attorney and waives its rightrights, if any, as against any such third party for its reliance hereon.

Appears in 1 contract

Samples: Omnibus Option Agreement (Boston Properties Inc)

Ratification; Third Party Reliance. The Grantor does Grantors do hereby ratify and confirm all that any Attorney-in-Fact shall lawfully do or cause to be done by virtue of the exercise of the powers granted unto it by the Grantor Grantors hereunder, and the Grantor authorizes Grantors authorize the reliance of third parties on this Power of Attorney and waives its rightwaive their rights, if any, as against any such third party for its reliance hereon.

Appears in 1 contract

Samples: Option Agreement (Tower Realty Trust Inc)

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Ratification; Third Party Reliance. The Grantor does hereby ratify and confirm all that any the Attorney-in-Fact shall lawfully do or cause to be done by virtue of the exercise of the powers granted unto it by the Grantor hereunder, and the Grantor authorizes the reliance of third parties on this Power of Attorney and waives its rightrights, if any, as against any such third party for its reliance hereon.

Appears in 1 contract

Samples: Omnibus Option Agreement (Eagle Hospitality Properties Trust, Inc.)

Ratification; Third Party Reliance. The Grantor does hereby ratify and confirm all that any the Attorney-in-Fact shall lawfully do or cause to be done by virtue of the exercise of the powers granted unto it him by the Grantor hereunderunder this Article V, and the Grantor authorizes the reliance of third parties on this Power of Attorney and waives its rightrights, if any, as against any such third party for its reliance hereon.

Appears in 1 contract

Samples: Option Agreement (Boston Properties Inc)

Ratification; Third Party Reliance. The Grantor does hereby ratify and confirm all that any the Attorney-in-Fact shall lawfully do or cause to be done by virtue of the exercise of the powers granted unto it by the Grantor hereunder, and the Grantor authorizes the reliance of third parties on this Power of Attorney and waives its rightrights, if any, as against any such third party for its reliance hereon.. Hyatt Regency Rochester

Appears in 1 contract

Samples: Omnibus Option Agreement (Eagle Hospitality Properties Trust, Inc.)

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