Common use of Organization, Authority and Status of Lessor Clause in Contracts

Organization, Authority and Status of Lessor. (i) Lessor has been duly organized and is validly existing and in good standing under the laws of the State of Delaware. All necessary corporate or other appropriate formal action has been taken to authorize the execution, delivery and performance by Lessor of this Lease and the other documents, instruments and agreements provided for herein.

Appears in 4 contracts

Samples: Master Lease (Cracker Barrel Old Country Store, Inc), Master Lease (Cracker Barrel Old Country Store, Inc), Master Lease (Cracker Barrel Old Country Store, Inc)

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Organization, Authority and Status of Lessor. (i) Lessor has been duly organized and is validly existing and in good standing under the laws of the State of Delaware. All necessary corporate or other appropriate formal action has been taken to authorize the execution, delivery and performance by Lessor of this Lease and the other documents, instruments and agreements provided for herein.

Appears in 4 contracts

Samples: Master Lease (Piccadilly Cafeterias Inc), Master Lease (Piccadilly Cafeterias Inc), Master Lease (Uno Restaurant Corp)

Organization, Authority and Status of Lessor. (i) Lessor has been duly organized and is validly existing and in good standing under the laws of the State of Delaware. All necessary corporate or other appropriate formal action has been taken to authorize the execution, delivery and performance by Lessor of this Lease and of the other documents, instruments and agreements provided for herein. The person who has executed this Lease on behalf of Lessor is duly authorized to do so.

Appears in 2 contracts

Samples: Lease Agreement (Casual Male Retail Group Inc), Lease Agreement (Grand Canyon Education, Inc.)

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Organization, Authority and Status of Lessor. (i) Lessor has been duly organized and organized, is validly existing and in good standing under the laws of the State of DelawareDelaware and is qualified to do business in any jurisdiction where any of the Properties are located. All necessary corporate or other appropriate formal limited liability company action has been taken to authorize the execution, delivery and performance by Lessor of this Lease Lease, the License Agreement and of the other documents, instruments and agreements provided for herein.

Appears in 1 contract

Samples: Master Lease (Shoneys Inc)

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