Common use of Resolutions; Title Company Affidavit Clause in Contracts

Resolutions; Title Company Affidavit. Such resolutions and certificates as Contributee or the Title Company shall reasonably require to evidence the due authorization and execution of this Agreement and the documents to be delivered pursuant hereto; and a reasonable and customary owner’s title affidavit required by the Title Company to permit it to issue to Contributee the Owner’s Policy of Title Insurance required pursuant to Section 5(a). Contributor shall also deliver a certification that Contributor is not a foreign person within the meaning of Section 1445(f)(3) of the Internal Revenue Code of 1986, as amended.

Appears in 2 contracts

Samples: Contribution Agreement (Aimco Properties Lp), Contribution Agreement (Aimco Properties Lp)

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Resolutions; Title Company Affidavit. Such resolutions and certificates as Contributee Buyer or the Title Company shall reasonably require to evidence the due authorization and execution of this Agreement and the documents to be delivered pursuant hereto; and a reasonable and customary owner’s 's title affidavit required by the Title Company to permit it to issue to Contributee Buyer the Owner’s 's Policy of Title Insurance required pursuant to Section 5(a). Contributor Seller shall also deliver a certification that Contributor Seller is not a foreign person within the meaning of Section 1445(f)(3) of the Internal Revenue Code of 1986, as amended.

Appears in 2 contracts

Samples: Agreement of Sale and Purchase (National Housing Partnership Realty Fund I), Agreement of Sale and Purchase (National Housing Partnership Realty Fund Two)

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