Common use of Due Organization and Existence Clause in Contracts

Due Organization and Existence. The City is a municipal corporation duly organized and validly existing under the laws of the State of California, has full legal right, power and authority under said laws to enter into this Agreement and to carry out and consummate all transactions contemplated hereby and thereby, and by proper action the Council has duly authorized the execution and delivery of this Agreement.

Appears in 4 contracts

Samples: Installment Sale Agreement, Installment Sale Agreement, Installment Sale Agreement

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Due Organization and Existence. The City is a municipal corporation duly organized and validly existing under the laws of the State of California, has full legal right, power and authority under said the laws of the State of California to enter into the Site Lease and this Agreement Lease and to carry out and consummate all transactions contemplated hereby and therebyhereby, and by proper action the Council City has duly authorized the execution and delivery of the Site Lease and this AgreementLease.

Appears in 3 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

Due Organization and Existence. The City is a general law city and municipal corporation duly organized and validly existing under the Constitution and laws of the State of California, has full legal right, power and authority under said the laws of the State of California to enter into this Lease, the Site and Facilities Lease and the Assignment Agreement and to carry out and consummate all transactions contemplated hereby and thereby, and by proper action the Council City has duly authorized the execution and delivery of this Lease, the Site and Facilities Lease and the Assignment Agreement.

Appears in 1 contract

Samples: Lease Agreement

Due Organization and Existence. The City is a municipal corporation duly and general law city organized and validly existing under and by virtue of the Constitution and laws of the State of California, has full legal right, power and authority under said the laws of the State of California to enter into the Site Lease and this Agreement Lease and to carry out and consummate all transactions contemplated hereby and therebyhereby, and by proper action the Council City has duly authorized the execution and delivery of the Site Lease and this AgreementLease.

Appears in 1 contract

Samples: Lease/Purchase Agreement

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Due Organization and Existence. The City is a municipal corporation duly organized and validly existing under the laws of the State of California, has full legal right, power and authority under said laws to enter into this Agreement and the Trust Agreement and to carry out and consummate all transactions contemplated hereby and thereby, and by proper action the City Council of the City has duly authorized the execution and delivery of this Agreement and the Trust Agreement.

Appears in 1 contract

Samples: Installment Sale Agreement

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