Common use of Status and Authority of Tenant Clause in Contracts

Status and Authority of Tenant. Tenant is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware. Tenant has all requisite power and authority to enter into and perform its obligations under this Lease and to consummate the transactions contemplated hereby, including such licensing as may be required for Tenant to lease and operate the Leased Property for the Intended Use. Tenant has duly qualified to transact business in each jurisdiction in which the nature of the business conducted by it requires such qualification.

Appears in 2 contracts

Samples: Property Lease Agreement (Provident Senior Living Trust), Property Lease Agreement (Brookdale Senior Living Inc.)

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Status and Authority of Tenant. Tenant is a limited liability company duly organized, validly existing and in corporate good standing under the laws of the State of Delaware. Tenant has all requisite power and authority to enter into and perform its obligations under this Lease and to consummate the transactions contemplated hereby, including such licensing as may be required for Tenant to lease and Manager to operate each of the Leased Property Properties for the its respective Intended UseUse as a senior independent and assisted living facility. Tenant has duly qualified to transact business in each jurisdiction in which the nature of the business conducted by it requires such qualification.

Appears in 2 contracts

Samples: Property Lease Agreement (Brookdale Senior Living Inc.), Property Lease Agreement (Brookdale Senior Living Inc.)

Status and Authority of Tenant. Tenant is a limited liability company duly organized, validly existing and in corporate good standing under the laws of the State of Delaware. Tenant has all requisite power and authority to enter into and perform its obligations under this Lease and to consummate the transactions contemplated hereby, including such licensing as may be required for Tenant to lease Lease and operate the Leased Property for the Intended Useas a senior independent and assisted living facility. Tenant has duly qualified to transact business in each jurisdiction in which the nature of the business conducted by it requires such qualification.

Appears in 2 contracts

Samples: Property Lease Agreement (Brookdale Senior Living Inc.), Property Lease Agreement (Brookdale Senior Living Inc.)

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Status and Authority of Tenant. Tenant is a limited liability company partnership duly organized, validly existing and in corporate good standing under the laws of the State of Delaware. Tenant has all requisite power and authority to enter into and perform its obligations under this Lease and to consummate the transactions contemplated hereby, including such licensing as may be required for Tenant to lease Lease and operate the Leased Property for the Intended Useas a senior independent and assisted living facility. Tenant has duly qualified to transact business in each jurisdiction in which the nature of the business conducted by it requires such qualification.

Appears in 1 contract

Samples: Property Lease Agreement (Brookdale Senior Living Inc.)

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