Common use of Requisite Action Clause in Contracts

Requisite Action. All requisite action (corporate, trust, partnership or otherwise) has been taken or obtained by Seller in connection with the entering into this Agreement and the consummation of the transactions contemplated hereby, or shall have been taken prior to the Closing Date.

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Ruths Chris Steak House, Inc.), Construction Loan Facility Agreement (Centerpoint Properties Trust)

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Requisite Action. All requisite action (corporate, trust, partnership or otherwise) has been taken or obtained by Seller Purchaser in connection with the entering into this Agreement and the consummation of the transactions contemplated hereby, or shall have been taken prior to the Closing Date.

Appears in 2 contracts

Samples: Real Estate Purchase and Sale Agreement, Real Estate Purchase and Sale Agreement

Requisite Action. All requisite action (corporate, trust, partnership or otherwise) has been taken or obtained by Seller in connection with the entering into this Agreement and the consummation of the transactions contemplated hereby, or shall have been taken prior to the Closing Date.

Appears in 2 contracts

Samples: Real Estate Purchase and Sale Agreement, Real Estate Purchase and Sale Agreement

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Requisite Action. All As of the date hereof, all requisite action (corporate, trust, partnership or otherwise) has been taken or obtained by Seller Buyer in connection with the entering into this Agreement and the documents referenced herein, and the consummation of the transactions contemplated hereby, or shall have been taken prior to the Closing Date.

Appears in 1 contract

Samples: Real Property Purchase Agreement (KBS Real Estate Investment Trust, Inc.)

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