Common use of Authority of Developer Clause in Contracts

Authority of Developer. Developer has full power and authority to execute and deliver this Agreement and to make and accept the borrowings contemplated hereunder, to execute and deliver the Loan Documents and all other documents or instruments executed and delivered, or to be executed and delivered, pursuant to this Agreement, to acquire, Rehabilitate and operate the Property, and to perform and observe the terms and provisions of all of the above.

Authority of Developer. The Developer has full power and authority to execute and deliver this Agreement and to make and accept the borrowings contemplated hereunder, to execute and deliver the Loan Documents and all other documents or instruments executed and deliveredAgreement, or to be executed and delivered, pursuant to this Agreement, to acquire, Rehabilitate and operate the Property, and to perform and observe the terms and provisions of all of the above.

Authority of Developer. The Developer has full power and authority to execute and deliver this Agreement and to make and accept the borrowings contemplated hereunder, to execute and deliver the Loan Documents and all other documents or instruments executed and delivered, or to be executed and delivered, pursuant to this Agreement, to acquire, Rehabilitate and operate the Property, and to perform and observe the terms and provisions of all of the above.

Authority of Developer. Developer has full power and authority to execute and deliver this Agreement and to make and accept the borrowings contemplated hereunder, to execute and deliver the Loan County Documents and all other documents or instruments executed and delivered, or to be executed and delivered, pursuant to this Agreement, to acquire, Rehabilitate and operate the Property, and to perform and observe the terms and provisions of all of the above.

Authority of Developer. Developer has full power and authority to execute and deliver this Agreement and to make and accept the borrowings contemplated hereunder, to execute and deliver the Loan Documents and all other documents or instruments executed and delivereddelivered by Developer, or to be executed and delivered, delivered by Developer pursuant to or in connection with this Agreement, to acquire, Rehabilitate and operate the Property, and to perform and observe the terms and provisions of all of the aboveforegoing.

Authority of Developer. Developer has full power and authority to execute and deliver this Agreement and to make and accept the borrowings contemplated hereunder, to execute and deliver the Loan Documents and all other documents or instruments executed and delivereddelivered by Xxxxxxxxx, or to be executed and delivered, delivered by Developer pursuant to or in connection with this Agreement, to acquire, Rehabilitate and operate the Property, and to perform and observe the terms and provisions of all of the aboveforegoing.

Authority of Developer. Developer has full power and authority to execute and deliver this Agreement and to make and accept the borrowings contemplated hereunder, to execute and deliver the Loan Documents Authority Promissory Note and Authority Deed of Trust for the Authority Subordinate Loan, the Regulatory Agreement, Ground Lease, Memorandum of Ground Lease, Notice of Affordability Restrictions, Request for Notice and all other documents or instruments executed and delivered, or to be executed and delivered, pursuant to this Agreement, to acquire, Rehabilitate and operate the Property, and to perform and observe the terms and provisions of all of the above.

Authority of Developer. Developer has full power and authority to execute and deliver this Agreement and to make and accept the borrowings contemplated hereunder, to execute and deliver the Loan Documents Deed of Trust, Regulatory Agreement and all other documents or instruments executed and delivered, or to be executed and delivered, pursuant to this Agreement, to acquire, Rehabilitate and operate the Property, and to perform and observe the terms and provisions of all of the above.

Authority of Developer. The Developer has full power and authority to execute and deliver this Agreement Agreement, and to make and accept the borrowings contemplated hereunder, to execute and deliver the Loan other City Documents and all other documents or instruments executed and delivered, or to be executed and delivered, delivered pursuant to this Agreement, to acquire, Rehabilitate and operate the Property, and to perform and observe the terms and provisions of all of the above.

Authority of Developer. Developer has full power and authority to execute and deliver this Agreement and to make and accept the borrowings contemplated hereunder, to execute and deliver the Loan Documents and all other documents or instruments executed and delivereddelivered by Xxxxxxxxx, or to be executed and delivered, delivered by Developer pursuant to or in connection with this Agreement, to acquire, Rehabilitate and operate the Property, and to perform and observe the terms and provisions of all of the aboveforegoing.

Authority of Developer. The Developer has full power and authority to execute and deliver this Agreement Agreement, and to make and accept the borrowings contemplated hereunder, to execute and deliver the Loan Documents and all other documents or instruments executed and delivered, or to be executed and delivered, delivered pursuant to this Agreement, to acquire, Rehabilitate and operate the Property, and to perform and observe the terms and provisions of all of the above.

Authority of Developer. Developer has full power and authority to execute and deliver this Agreement Agreement, and to make and accept the borrowings contemplated hereunder, to execute and deliver the Loan Documents and all other documents or instruments executed and delivered, or to be executed and delivered, pursuant to under this Agreement, to acquire, Rehabilitate and operate the Property, and to perform and observe the terms and provisions of all of the abovethis Agreement.

Authority of Developer. Developer has full power and authority to execute and deliver this Agreement and to make and accept the borrowings contemplated hereunderAgreement, to execute and deliver the Loan Documents and all other documents or and instruments executed and delivered, or to be executed and delivered, pursuant to this Agreement, to acquire, Rehabilitate and operate the Property, and to perform and observe the terms and provisions of all of the above.

Authority of Developer. Developer has full power and authority to execute and deliver this Agreement and to make and accept the borrowings contemplated hereunder, to execute and deliver the Loan Documents Amendment and all other documents or instruments executed and delivered, or to be executed and delivered, pursuant to or in connection with this Agreement, to acquire, Rehabilitate and operate the PropertyAmendment, and to perform and observe the terms and provisions of all of the above.

Authority of Developer. Developer has full power and authority to execute and deliver this Agreement and to make and accept the borrowings contemplated hereunder, to execute and deliver the Loan Documents Authority Promissory Note and Authority Deed of Trust for the Authority Subordinate Loan, the Regulatory Agreement, Ground Lease, Memorandum of Ground Lease, Memorandum of Agreement, Notice of Affordability Restrictions, Request for Notice and all other documents or instruments executed and delivered, or to be executed and delivered, pursuant to this Agreement, to acquire, Rehabilitate and operate the Property, and to perform and observe the terms and provisions of all of the above.

Authority of Developer. Developer has full power and authority to execute and deliver this Agreement and to make and accept the borrowings contemplated hereunder, to execute and deliver the Loan Documents and all other documents or instruments executed and delivereddelivered by Developer, or to be executed and delivered, delivered by Developer pursuant to or in connection with this Agreement, to acquire, Rehabilitate and operate the Property, and to perform and observe the terms and provisions of all of the aboveforegoing.