Common use of Requisite Action Clause in Contracts

Requisite Action. Except as provided in Section 3.5 hereof, all requisite action (corporate, trust, partnership or otherwise) has been taken by Purchaser in connection with entering into this Agreement and the instruments referenced herein and the consummation of the transactions contemplated hereby. Except as provided in Section 3.5 hereof, no consent of any partner, shareholder, member, creditor, investor, judicial or administrative body, authority or other party is required which has not been obtained to permit Purchaser to enter into this Agreement and consummate the transaction contemplated hereby.

Appears in 4 contracts

Sources: Purchase and Sale Agreement (Taubman Realty Group LTD Partnership), Purchase and Sale Agreement (Taubman Realty Group LTD Partnership), Purchase and Sale Agreement (Taubman Centers Inc)

Requisite Action. Except as provided in Section 3.5 hereof, all All requisite action (corporate, trust, partnership or otherwise) has been taken by Purchaser in connection with entering into this Agreement and the instruments referenced herein and the consummation of the transactions contemplated hereby. Except as provided in Section 3.5 hereof, no No consent of any partner, shareholder, member, creditor, investor, judicial or administrative body, authority or other party is required which has not been obtained to permit Purchaser Seller to enter into this Agreement and consummate the transaction contemplated hereby.

Appears in 2 contracts

Sources: Purchase and Sale Agreement, Purchase and Sale Agreement

Requisite Action. Except as provided in Section 3.5 hereof, all All requisite action (corporate, trust, partnership or otherwise) has been taken by Purchaser in connection with the entering into this Agreement and the instruments referenced herein and the consummation of the transactions contemplated hereby. Except as provided in Section 3.5 hereof, no No consent of any partner, shareholder, member, creditor, investor, judicial or administrative body, authority or other party is required which has not been obtained to permit Purchaser to enter into this Agreement and consummate the transaction contemplated hereby, including but not limited to, any consent from Purchaser's board of directors.

Appears in 1 contract

Sources: Purchase Agreement (Inland Monthly Income Fund Iii Inc)

Requisite Action. Except as provided in otherwise contemplated under Section 3.5 hereofabove, all requisite action (corporate, trust, partnership or otherwise) has been taken by Purchaser Seller in connection with entering into this Agreement and the instruments referenced herein and the consummation of the transactions contemplated hereby. Except as provided in otherwise contemplated under Section 3.5 hereofabove, no consent of any partner, shareholder, member, creditor, investor, judicial or administrative body, authority or other party is required which has not been obtained to permit Purchaser Seller to enter into this Agreement and consummate the transaction contemplated hereby.

Appears in 1 contract

Sources: Purchase and Sale Agreement (General Growth Properties Inc)