Common use of Entity Formation Clause in Contracts

Entity Formation. Buyer is an entity, duly formed and validly existing under the laws of the State formation and has the full corporate power and authority to execute this Agreement. The person(s) signing this Agreement and any documents and instruments in connection herewith on behalf of Buyer has full corporate power and authority to do so.

Appears in 1 contract

Sources: Purchase and Sale Agreement

Entity Formation. Buyer is an entity, duly formed and validly existing under the laws of the State of its formation and has the full corporate power and authority to execute this Agreement. The person(s) signing this Agreement and any documents and instruments in connection herewith on behalf of Buyer has full corporate power and authority to do so.

Appears in 1 contract

Sources: Ground Lease