Common use of Operating Partnership Clause in Contracts

Operating Partnership. (i) The Operating Partnership is a limited partnership duly formed and validly existing under the laws of the State of Delaware, with all requisite power and authority to enter into this Agreement and to carry out its obligations hereunder.

Appears in 19 contracts

Samples: Underwriting Agreement (American Realty Capital Properties, Inc.), Underwriting Agreement (American Realty Capital Properties, Inc.), Equity Distribution Agreement (American Realty Capital Properties, Inc.)

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Operating Partnership. (i) The Operating Partnership is a Delaware limited partnership duly formed and organized, validly existing and in good standing under the laws of the State of Delaware, with Delaware and has all requisite partnership power and authority to own and operate its properties, to carry on its business as now conducted and proposed to be conducted, to enter into this Agreement the Loan Documents and Intercompany Loan Documents to be executed and delivered by the Operating Partnership and to carry out its obligations hereunderthe terms thereof.

Appears in 1 contract

Samples: Credit Agreement (Starwood Lodging Corp)

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