Common use of Status of Management Company Clause in Contracts

Status of Management Company. Management Company is a limited partnership duly formed and validly existing in good standing under the laws of the State of Texas, and has all necessary power to carry on its business as now being conducted, to carry on its contemplated business, to enter into this Agreement and to observe and perform its terms.

Appears in 2 contracts

Samples: Management Services Agreement (CNL Healthcare Properties, Inc.), Management Services Agreement (CNL Healthcare Properties, Inc.)

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Status of Management Company. Management Company is a limited partnership liability company duly formed organized and validly existing in good standing under the laws of the State of Texas, and has all necessary power to carry on its business as now being conducted, to carry on its contemplated business, to enter into this Agreement and to observe and perform its terms.

Appears in 1 contract

Samples: Management Services Agreement (CNL Healthcare Properties, Inc.)

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Status of Management Company. Management Company is a limited partnership liability company duly formed and validly existing in good standing under the laws of the State of Texas, and has all necessary power to carry on its business as now being conducted, to carry on its contemplated business, to enter into this Agreement and to observe and perform its terms.

Appears in 1 contract

Samples: Management Services Agreement (CNL Healthcare Properties, Inc.)

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