The Partnership. (a) The Partnership is a limited partnership duly formed, validly existing and in good standing under the laws of the Commonwealth of Pennsylvania and has all requisite powers necessary to carry on its business as now conducted, to own, lease and operate its properties.
Appears in 15 contracts
Samples: Contribution Agreement (Hersha Hospitality Trust), Limited Partnership Interests Purchase Agreement (Hersha Hospitality Trust), Contribution Agreement (Hersha Hospitality Trust)