REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE OPERATING PARTNERSHIP Sample Clauses

REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE OPERATING PARTNERSHIP. As a material inducement to the Grantor to enter into this Agreement and to consummate the transactions contemplated hereby, the Operating Partnership hereby makes to the Grantor each of the representations and warranties set forth in this Article IV, which representations and warranties are true as of the date hereof and shall be true as of the date of the Closing.

REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE OPERATING PARTNERSHIP. The Operating Partnership hereby acknowledges, represents and warrants to, and covenants and agrees with, Contributing Member that (and each representation and warranty set forth below shall be deemed remade as of the Closing Date):

REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE OPERATING PARTNERSHIP. As a material inducement to the Seller to enter into this Purchase Agreement and to consummate the transactions contemplated hereby, the Operating Partnership hereby makes to the Seller each of the representations and warranties set forth in this Article IV.

REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE OPERATING PARTNERSHIP. The Operating Partnership hereby makes the following representations and warranties to Contributor and the Company Manager as of the Effective Date and as of the Closing Date:

REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE OPERATING PARTNERSHIP. As a material inducement to the Grantor to enter into this Agreement and to consummate the transactions contemplated hereby, the Operating Partnership hereby makes to the Grantor each of the representations and warranties and covenants set forth in this Article IV. As a condition to the Grantor's obligation to consummate the transfer of the Property Interests to the Operating Partnership after the exercise of the Option, such representations and warranties must be true, and such covenants must have been complied with, as of the Closing Date.

REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE OPERATING PARTNERSHIP. 6 4.1 Authority...................................................................6 4.2

REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE OPERATING PARTNERSHIP. The Operating Partnership represents, warrants and covenants, as of the date hereof, as of the Closing Date, and as of any Mortgage Loan Closing Date, as applicable, as follows: (a) The Operating Partnership is a limited partnership duly organized, validly existing and in good standing under the laws of the state of Delaware. The Operating Partnership has full right, power, authority and capacity to enter into this Agreement, the Sixth Supplemental Indenture, the Registration Rights Agreement, the Exchange Notes and to consummate the transactions contemplated hereby and thereby and has taken all necessary action to authorize the execution, delivery and performance of this Agreement, the Indenture, the Sixth Supplemental Indenture, the Registration Rights Agreement, the Exchange Notes and the Exchange. (b) The Parent Corporation is a corporation duly organized, validly existing and in good standing under the laws of the state of Maryland. The Parent Corporation has full right, power, authority and capacity to enter into the Indenture and the Sixth Supplemental Indenture and to consummate the transactions contemplated hereby and thereby and has taken all necessary action to authorize the execution, delivery and performance of the Indenture and the Sixth Supplemental Indenture. (c) This Agreement and the Indenture constitute, and upon execution and delivery thereof, each of the Sixth Supplemental Indenture, the Registration Rights Agreement and the Exchange Note will constitute, a legal, valid and binding obligation of the Operating Partnership, enforceable against the Operating Partnership in accordance with its terms, except as such enforceability may be limited by (i) applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors’ rights generally and (ii) general principles of equity (regardless of whether such enforceability is considered in a proceeding in equity or at law). (d) The Indenture constitutes, and upon execution and delivery thereof, the Sixth Supplemental Indenture will constitute, a legal, valid and binding obligation of the Parent Corporation, enforceable against the Parent Corporation in accordance with its terms, except as such enforceability may be limited by (i) applicable bankruptcy, insolvency, reorganization, moratorium or other similar laws affecting the enforcement of creditors’ rights generally and (ii) general principles of equity (regardless of whether such enforceabi...

REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE OPERATING PARTNERSHIP. As a material inducement to the Grantor to enter into this Agreement and to consummate the transactions contemplated hereby,

REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE OPERATING PARTNERSHIP. As a material inducement to the Contributor to enter into this Agreement and to consummate the transactions contemplated hereby, the Operating Partnership hereby makes to the Contributor each of the representations and warranties set forth in this Article IV, which representations and warranties are true as of the date hereof and shall be true as of each date the Contributor contributes an Distribution to the Operating partnership in exchange for OP Units.

REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE OPERATING PARTNERSHIP