Common use of Formation; Existence Clause in Contracts

Formation; Existence. It is a limited liability company duly organized, validly existing and in good standing under the laws of the State of Delaware.

Appears in 11 contracts

Sources: Purchase and Sale Agreement, Purchase and Sale Agreement (American Realty Capital Properties, Inc.), Purchase and Sale Agreement (Carey Watermark Investors Inc)

Formation; Existence. It is a limited liability company duly organizedformed, validly existing and in good standing under the laws of the State of Delaware.

Appears in 7 contracts

Sources: Purchase and Sale Agreement (American Realty Capital New York City REIT, Inc.), Purchase and Sale Agreement (La Quinta Holdings Inc.), Purchase and Sale Agreement (La Quinta Holdings Inc.)

Formation; Existence. It is a limited liability company company, duly organizedformed, validly existing and in good standing under the laws of the State of Delaware.

Appears in 4 contracts

Sources: Agreement of Purchase and Sale, Agreement of Purchase and Sale, Purchase and Sale Agreement