Common use of Identity and Power Clause in Contracts

Identity and Power. (a) Each Seller has all requisite powers and all governmental licenses, authorizations, consents and approvals necessary to carry on its business as now conducted, to execute and deliver this Agreement and any document or instrument required to be executed and delivered on behalf of it hereunder, to perform its obligations under this Agreement and any such other documents or instruments, and to consummate the transactions contemplated hereby; and

Appears in 3 contracts

Samples: Asset Purchase Agreement, Asset Purchase Agreement (Hyatt Hotels Corp), Asset Purchase Agreement (Hyatt Hotels Corp)

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Identity and Power. (a) Each Seller is and has all requisite powers and all governmental licenses, authorizations, consents and approvals necessary to carry on its business as now conducted, to execute and deliver this Agreement and any document or instrument required to be executed and delivered on behalf of it the Seller hereunder, to perform its obligations under this Agreement and any such other documents or instruments, instruments and to consummate the transactions contemplated hereby; and

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Hersha Hospitality Trust), Purchase and Sale Agreement (Hersha Hospitality Trust)

Identity and Power. (a) Each Seller of the Sellers is and has all requisite -------------------- powers and all governmental licenses, authorizations, consents and approvals necessary to carry on its his or her respective business as now conducted, to own, lease and operate his or her respective membership interest and Interests in the LLC, to execute and deliver this Agreement and any document or instrument required to be executed and delivered on behalf of it the Sellers hereunder, to perform its his obligations under this Agreement and any such other documents or instruments, instruments and to consummate the transactions contemplated hereby; and

Appears in 2 contracts

Samples: Membership Interests Purchase Agreement (Hersha Hospitality Trust), Membership Interests Purchase Agreement (Hersha Hospitality Trust)

Identity and Power. (a) Each Seller has all requisite powers and all governmental licenses, authorizations, consents and approvals necessary to carry on its business as now conducted, to execute and deliver this Agreement and any document or instrument required to be executed and delivered on behalf of it hereunder, to perform its obligations under this Agreement and any such other documents or instruments, instruments and to consummate the transactions contemplated hereby; and

Appears in 1 contract

Samples: Purchase and Sale Agreement (Hersha Hospitality Trust)

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Identity and Power. (a) Each Seller is and has all requisite powers and all governmental licenses, authorizations, consents and approvals necessary to carry on its business as now conducted, to execute and deliver this Agreement and any document or instrument required to be executed and delivered on behalf of it the Seller hereunder, to perform its his obligations under this Agreement and any such other documents or instruments, instruments and to consummate the transactions contemplated hereby; and

Appears in 1 contract

Samples: Purchase and Sale Agreement (Hersha Hospitality Trust)

Identity and Power. (a) Each Seller has The Sellers have all requisite powers and all governmental licenses, authorizations, consents and approvals necessary to carry on its business as now conducted, to own, lease and operate his properties, to execute and deliver this Agreement and any document or instrument required to be executed and delivered on behalf of it the Sellers hereunder, to perform its his obligations under this Agreement and any such other documents or instruments, instruments and to consummate the transactions contemplated hereby; and.

Appears in 1 contract

Samples: Limited Partnership Interests Purchase Agreement (Hersha Hospitality Trust)

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