Common use of Valid and Binding Clause in Contracts

Valid and Binding. The Lessee is duly authorized to make and enter into all of the Lease Documents to which the Lessee is a party and to carry out the transactions contemplated therein. All of the Lease Documents to which the Lessee is a party have been duly executed and delivered by the Lessee, and each is a legal, valid and binding obligation of the Lessee, enforceable in accordance with its terms.

Appears in 14 contracts

Samples: Facility Lease Agreement (Alternative Living Services Inc), Management Agreement (Capital Senior Living Corp), Facility Lease Agreement (Alternative Living Services Inc)

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Valid and Binding. The Lessee is duly authorized to make and enter into all of the Lease Documents to which the Lessee is a party and to carry out the transactions contemplated therein. All of the Lease Documents to which the Lessee is a party have been duly executed and delivered by the Lessee, and each is a legal, valid and binding obligation of the Lessee, enforceable in accordance with its terms.

Appears in 12 contracts

Samples: Facility Lease Agreement (Emeritus Corp\wa\), Facility Lease Agreement (Balanced Care Corp), Lease Agreement (Emeritus Corp\wa\)

Valid and Binding. The Lessee is duly authorized to make and enter into all of the Lease Documents to which the Lessee is a party and to carry out the transactions contemplated therein. All of the Lease Documents to which the Lessee is a party party. have been duly executed and delivered by the Lessee, and each is a legal, valid and binding obligation of the Lessee, enforceable in accordance with its terms.

Appears in 1 contract

Samples: Facility Lease Agreement (Emeritus Corp\wa\)

Valid and Binding. The Lessee is duly authorized to make and enter into all of the Lease Documents to which the Lessee is a party and to carry out the transactions transactions. contemplated therein. All of the Lease Documents to which the Lessee is a party have been duly executed dulv eYecuted and delivered by the Lessee, and each is a legal, valid and binding obligation obliaation of the Lessee, enforceable in accordance with its terms.

Appears in 1 contract

Samples: Facility Lease Agreement (Emeritus Corp\wa\)

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Valid and Binding. The Lessee is duly authorized to make and enter into all of the Lease ease Documents to which the Lessee is a party and to carry out the transactions contemplated contemplate therein. All of the Lease Documents to which the Lessee is a party have been duly executed and an delivered by the Lessee, and each is a legal, valid and binding obligation of the Lessee, enforceable in accordance with its terms.

Appears in 1 contract

Samples: Facility Lease Agreement (Alterra Healthcare Corp)

Valid and Binding. The Lessee is duly authorized to make and enter into all of the Lease Documents to which the Lessee is a party and to carry out the transactions contemplated therein. All of the Lease Documents to which the Lessee is a party have each been duly executed and delivered by the Lessee, and each is a legal, valid and binding obligation of the Lessee, enforceable in accordance with its terms.

Appears in 1 contract

Samples: Facility Lease (Iasis Healthcare Corp)

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