Common use of Status and Authority of Purchaser Clause in Contracts

Status and Authority of Purchaser. The Purchaser is duly organized, validly existing and in good standing under the laws of the state of its organization, and has all requisite power and authority under the laws of its state of organization and its charter documents to enter into and perform its obligations under this Agreement and to consummate the transactions contemplated hereby.

Status and Authority of Purchaser. The Purchaser is duly organized, organized and validly existing and in good standing under the laws of the state of its organizationjurisdiction in which it was formed, and has all requisite power and authority under the laws of its such state of organization and under its charter documents to enter into and perform its obligations under this Agreement and to consummate the transactions contemplated hereby. Purchaser is duly qualified and in good standing in the state in which the Property is located.

Status and Authority of Purchaser. The Purchaser is duly organized, organized and validly existing and in good standing under the laws of the state of its organizationjurisdiction in which it was formed, and has all requisite power and authority under the laws of its such state of organization and under its charter documents to enter into and perform its obligations under this Agreement and to consummate the transactions contemplated hereby. Purchaser is duly qualified and in good standing in the state in which each Property is located.

Status and Authority of Purchaser. The Purchaser is duly organized, organized and validly existing and in good standing under the laws of the state of its organizationjurisdiction in which it was formed, and has all requisite power and authority under the laws of its such state of organization and under its charter documents to enter into and perform its obligations under this Agreement and to consummate the transactions contemplated hereby. Purchaser is, or will be by the Applicable Closing Date, duly qualified and in good standing in the state in which each Property is located.

Status and Authority of Purchaser. The Purchaser is duly organized, organized and validly existing and in good standing under the laws of the state of its organizationjurisdiction in which it was formed, and has all requisite power and authority under the laws of its such state of organization and under its charter documents to enter into and perform its obligations under this Agreement and to consummate the transactions contemplated hereby. Purchaser is, or will be by the Closing Date, duly qualified and in good standing in the state in which each Property is located.