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

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

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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

Samples: Easement Agreement (Inland Monthly Income Fund Iii Inc)

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Requisite Action. Except as provided in otherwise contemplated under Section 3.5 hereof3.2(b), 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 otherwise contemplated under Section 3.5 hereof3.2(b), no consent of any partner, shareholder, member, creditor, investor, judicial or administrative body, authority or other party is required which has not been obtained or shall not be obtained prior to the Closing Date to permit Purchaser to enter into this Agreement and consummate the transaction contemplated hereby.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (General Growth Properties Inc)

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