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 City Restrictions, Promissory Note, Deed of Trust, Regulatory Agreement, Option Agreement, Memorandum of Agreement, Request for Notice, UCC-1 Financing Statement and all other documents or instruments executed and delivered, or to be executed and delivered, pursuant to this Agreement, 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 City Restrictions, Promissory Note, Deed of Trust, Regulatory Agreement, Option Agreement, Memorandum of Agreement, Request for Notice, UCC-1 Financing Statement 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 City Restrictions, Promissory Note, Deed of Trust, Regulatory Agreement, Option Agreement, Memorandum of Agreement, Request for Notice, UCC-1 Financing Statement Loan Documents and all other documents or instruments executed and delivered, or to be executed and delivered, pursuant to this Agreement, and to perform and observe the terms and provisions of all of the above.

Authority of Developer. Each 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 as to each Project the City Restrictions, applicable Authority Promissory Note, Note and Authority Deed of TrustTrust for each Authority Subordinate Loan, the Regulatory Agreement, Option AgreementGround Lease, Memorandum of Ground Lease, Memorandum of Agreement, Notice of Affordability Restrictions, Request for Notice, UCC-1 Financing Statement Notice and all other documents or instruments executed and delivered, or to be executed and delivered, pursuant to this Agreement, as to each applicable Project, and to perform and observe the terms and provisions of all of the above.