Common use of Authority Documents Clause in Contracts

Authority Documents. Certified copy of resolutions of the Seller authorizing the sale of the Property contemplated by this Contract, and/or other evidence reasonably satisfactory to Buyer and the Title Company that the person or persons executing the closing documents on behalf of Seller have full right, power and authority to do so, along with a certificate of good standing of Seller from the State in which Seller was formed.

Appears in 29 contracts

Samples: Management Agreement (Apple REIT Ten, Inc.), Purchase Contract (Apple REIT Nine, Inc.), Purchase Contract (Apple REIT Nine, Inc.)

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Authority Documents. Certified copy of resolutions of the partners of Seller authorizing the sale of the Property contemplated by this Contract, and/or other evidence reasonably satisfactory to Buyer and the Title Company that the person or persons executing the closing documents on behalf of Seller have full right, power and authority to do so, along with a certificate of good standing of Seller from the State in which Seller was formedthe Property is located.

Appears in 13 contracts

Samples: Purchase Contract, Purchase Contract (Apple REIT Seven, Inc.), Purchase Contract (Apple Reit Six Inc)

Authority Documents. Certified copy of resolutions of the Members of Seller authorizing the sale of the Property contemplated by this Contract, and/or other evidence reasonably satisfactory to Buyer and the Title Company that the person or persons executing the closing documents on behalf of Seller have full right, power and authority to do so, along with a certificate of good standing of Seller from the State in which Seller was formedthe Property is located.

Appears in 9 contracts

Samples: Purchase Contract (Apple REIT Ten, Inc.), Purchase Contract (Apple REIT Ten, Inc.), Purchase Contract (Apple REIT Ten, Inc.)

Authority Documents. Certified copy of resolutions of the Seller authorizing the sale of the Property contemplated by this Contract, and/or other evidence reasonably satisfactory to Buyer and the Title Company that the person or persons executing the closing documents on behalf of Seller have full right, power and authority to do so, along with a certificate of good standing of Seller from the State in which Seller was formedthe Property is located.

Appears in 9 contracts

Samples: Purchase Contract (Apple REIT Ten, Inc.), Purchase Contract (Apple REIT Nine, Inc.), Purchase Contract (Apple REIT Nine, Inc.)

Authority Documents. Certified copy of resolutions of the Managing Members of Seller authorizing the sale of the Property contemplated by this Contract, and/or other evidence reasonably satisfactory to Buyer and the Title Company that the person or persons executing the closing documents on behalf of Seller have full right, power and authority to do so, along with a certificate of good standing of Seller from the State in which Seller was formedthe Property is located.

Appears in 9 contracts

Samples: Purchase Contract (Apple REIT Nine, Inc.), Purchase Contract (Apple REIT Nine, Inc.), Purchase Contract (Apple REIT Nine, Inc.)

Authority Documents. Certified copy of resolutions of the governing constituent(s) of Seller authorizing the sale of the Property contemplated by this Contract, and/or other evidence reasonably satisfactory to Buyer and the Title Company that the person or persons executing the closing documents on behalf of Seller have full right, power and authority to do so, along with a certificate of good standing of Seller from the State in which Seller was formedthe Property is located.

Appears in 5 contracts

Samples: Purchase Contract (Apple REIT Nine, Inc.), Purchase Contract (Apple REIT Nine, Inc.), Purchase Contract (Apple REIT Nine, Inc.)

Authority Documents. Certified copy of resolutions of the partners, members or other applicable constituent owners of Seller authorizing the sale of the Property contemplated by this Contract, and/or other evidence reasonably satisfactory to Buyer and the Title Company that the person or persons executing the closing documents on behalf of Seller have full right, power and authority to do so, along with a certificate of good standing of Seller from the State in which Seller was formedthe Property is located.

Appears in 3 contracts

Samples: Purchase Contract (Hersha Hospitality Trust), Purchase Contract (Hersha Hospitality Trust), Purchase Contract (Hersha Hospitality Trust)

Authority Documents. Certified copy of resolutions of the Board of Directors or other managing body of Seller authorizing the sale of the Property contemplated by this Contract, and/or other evidence reasonably satisfactory to Buyer and the Title Company that the person or persons executing the closing documents on behalf of Seller have full right, power and authority to do so, along with a certificate of good standing of Seller from the State in which Seller was formedthe Property is located.

Appears in 3 contracts

Samples: Purchase Contract (Apple REIT Eight, Inc.), Purchase Contract (Apple REIT Eight, Inc.), Purchase Contract (Apple REIT Nine, Inc.)

Authority Documents. Certified copy of resolutions of the Manager of Seller authorizing the sale of the Property contemplated by this Contract, and/or other evidence reasonably satisfactory to Buyer and the Title Company that the person or persons executing the closing documents on behalf of Seller have full right, power and authority to do so, along with a certificate of good standing of Seller from the State in which Seller was formedthe Property is located.

Appears in 3 contracts

Samples: Purchase Contract (Apple REIT Nine, Inc.), Purchase Contract (Apple REIT Nine, Inc.), Purchase Contract (Apple REIT Eight, Inc.)

Authority Documents. Certified copy copies of resolutions of the partners or members, as applicable, of Seller and the Manager authorizing the sale of the Property and the other transactions contemplated by this Contract, and/or other evidence reasonably satisfactory to Buyer and the Title Company that the person or persons executing the closing documents on behalf of Seller and the Manager have full right, power and authority to do so, along with a certificate certificates of good standing of the Manager from the State of its organization and of Seller from the State of its organization and the State in which Seller was formedthe Property is located.

Appears in 2 contracts

Samples: Management Agreement (Apple REIT Ten, Inc.), Purchase Contract (Apple REIT Nine, Inc.)

Authority Documents. Certified copy of resolutions of the Seller Board of Directors of Buyer authorizing the sale purchase of the Property contemplated by this Contract, and/or other evidence reasonably satisfactory to Buyer Seller and the Title Company that the person or persons executing the closing documents on behalf of Seller Buyer have full right, power and authority to do so, along with a certificate of good standing of Seller from the State in which Seller was formed.

Appears in 2 contracts

Samples: Purchase Contract (Apple REIT Seven, Inc.), Escrow Agreement (Apple Hospitality Five Inc)

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Authority Documents. Certified copy of resolutions of the partners of Seller authorizing the sale of the Property contemplated by this Contract, and/or other evidence reasonably satisfactory to Buyer and the Title Company that the person or persons executing the closing documents on behalf of Seller have full right, power and authority to do so, . along with a certificate of good standing of Seller from the State in which Seller was formedthe Property is located.

Appears in 1 contract

Samples: Purchase Contract (Apple REIT Seven, Inc.)

Authority Documents. Certified copy of resolutions of the Seller Seller’s board of directors, constituent members and/or partners authorizing the sale of the Property contemplated by this Contract, and/or other evidence reasonably satisfactory to Buyer and the Title Company that the person or persons executing the closing documents on behalf of Seller have full right, power and authority to do so, along with a certificate of good standing of Seller from its state of organization and the State in which Seller was formedthe Property is located.

Appears in 1 contract

Samples: Escrow Agreement (Apple REIT Seven, Inc.)

Authority Documents. Certified copy of resolutions of the Seller authorizing the sale of the Property contemplated by this Contract, and/or other evidence reasonably satisfactory to Buyer and the Title Company that the person or persons executing the closing documents on behalf of Seller have full right, power and authority to do so, along with a certificate of good standing existence of Seller from the State in which Seller was formedthe Property is located.

Appears in 1 contract

Samples: Purchase Contract (Apple REIT Seven, Inc.)

Authority Documents. Certified copy of resolutions of the Board of Directors of Seller authorizing the sale of the Property contemplated by this Contract, and/or other evidence reasonably satisfactory to Buyer and the Title Company that the person or persons executing the closing documents on behalf of Seller have full right, power and authority to do so, along with a certificate of existence and good standing of Seller from the State in which Seller was formedthe Property is located.

Appears in 1 contract

Samples: Purchase Contract (Apple REIT Seven, Inc.)

Authority Documents. Certified copy of resolutions of the Members or Managers of Seller authorizing the sale of the Property contemplated by this Contract, and/or other evidence reasonably satisfactory to Buyer and the Title Company that the person or persons executing the closing documents on behalf of Seller have full right, power and authority to do so, along with a certificate of good standing of Seller from the State in which Seller was formedthe Property is located.

Appears in 1 contract

Samples: Purchase Contract (Apple REIT Seven, Inc.)

Authority Documents. Certified copy of resolutions of the Board Of Directors of Seller authorizing the sale of the Property property contemplated by this Contract, and/or other evidence reasonably satisfactory to Buyer and the Title Company that the person or persons executing the closing Closing documents on behalf of Seller have full right, power and authority to do so, along with a certificate of good standing of Seller from the State state in which Seller was formedthe Property is located.

Appears in 1 contract

Samples: Escrow Agreement (Apple REIT Seven, Inc.)

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