Common use of Due Execution; Authority Clause in Contracts

Due Execution; Authority. (i) Seller is a limited liability company duly organized, validly existing and in good standing as a limited liability company under the laws of the State of Florida; (ii) this Agreement is, and all the documents to be delivered by Seller pursuant to this Agreement (the “Seller Closing Documents”) will be, when executed by Seller, binding on and enforceable against Seller in accordance with their respective terms; (iii) except for internal governance approvals required by law, there are no other consents required to authorize Seller’s entry into and performance of this Agreement, the Seller Closing Documents and/or the transactions contemplated hereby or thereby; (iv) this Agreement, the Seller Closing Documents and the transactions contemplated hereby and thereby have been, or will have been prior to the Closing, approved by all necessary action of Seller; and (v) the execution and delivery of the Seller Closing Documents do not and will not constitute a breach or default under any agreement by which Seller is bound.

Due Execution; Authority. (i) Seller Owner is a limited liability company duly organizedformed, validly existing and in good standing as a limited liability company under the laws of the State of FloridaDelaware; (ii) this Agreement is, and all the documents to be executed and delivered by Seller Owner pursuant to this Agreement (the “Seller Closing Documents”"OWNER CLOSING DOCUMENTS") will be, when executed by SellerOwner, binding on and enforceable against Seller Owner in accordance with their respective terms; (iii) except for internal governance approvals required by lawthe Existing Lender, there are no other consents required from any third party to authorize Seller’s Owner's entry into and performance of this Agreement, the Seller Owner Closing Documents and/or the transactions contemplated hereby or therebythereby which have not been obtained; (iv) this Agreement, the Seller Owner Closing Documents and the transactions contemplated hereby and thereby have been, or will have been prior to the Closing, approved by all necessary action of SellerOwner; and (v) the execution and delivery of the Seller Owner Closing Documents do not and will not constitute a breach or default under any agreement by which Seller Owner is bound, or by which any of Owner's property is encumbered.

Due Execution; Authority. (i) Each Seller is a limited liability company duly organized, validly existing and in good standing as a limited liability company under the laws of the State of FloridaWest Virginia; (ii) this Agreement is, and all the documents to be delivered by each Seller pursuant to this Agreement (the “Seller Closing Documents”) will be, when executed by each Seller, binding on and enforceable against Seller in accordance with their respective terms; (iii) except for internal governance approvals required by law, there are no other consents required to authorize Seller’s entry into and performance of this Agreement, the applicable Seller Closing Documents and/or the transactions contemplated hereby or thereby; (iv) this Agreement, the applicable Seller Closing Documents and the transactions contemplated hereby and thereby have been, or will have been prior to the Closing, approved by all necessary action of each such Seller; and (v) the execution and delivery of the respective Seller Closing Documents do not and will not constitute a breach or default under any agreement by which the applicable Seller is bound.