Common use of Requisite Action Clause in Contracts

Requisite Action. All requisite limited liability company action has been taken by Seller in connection with (i) the entering into this Agreement and the instruments referenced in this Agreement, (ii) the performance of its obligations under this Agreement and (iii) the consummation of the transactions contemplated by this Agreement. No other consent of any member, partner, shareholder, creditor, investor, judicial or administrative body, authority or other party is required in connection therewith.

Appears in 2 contracts

Samples: Agreement of Purchase and Sale and Joint Escrow Instructions, Agreement of Purchase and Sale (Industrial Income Trust Inc.)

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Requisite Action. All requisite limited liability company action has been taken by Seller in connection with (i) the entering into this Agreement and the instruments referenced in this Agreement, (ii) the performance of its obligations under this Agreement herein and (iii) the consummation of the transactions contemplated by this Agreementhereby. No other consent of any member, partner, shareholder, member, creditor, investor, judicial or administrative body, authority or other party is required in connection therewithwhich has not been obtained to permit Seller to enter into this Agreement and consummate the transaction contemplated hereby.

Appears in 2 contracts

Samples: Agreement of Purchase and Sale (Resource Real Estate Opportunity REIT II, Inc.), Agreement of Purchase and Sale (Resource Real Estate Opportunity REIT II, Inc.)

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Requisite Action. All requisite limited liability company action has been taken by each Seller in connection with (i) the entering into this Agreement and the instruments referenced in this Agreement, (ii) the performance of its obligations under this Agreement and (iii) the consummation of the transactions contemplated by this Agreement. No other consent of any member, partner, shareholder, creditor, investor, judicial or administrative body, authority or other party is required in connection therewith.

Appears in 1 contract

Samples: Agreement of Purchase and Sale (Industrial Income Trust Inc.)

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