Common use of Requisite Action Clause in Contracts

Requisite Action. All requisite action (corporate, trust, partnership or otherwise) has been taken by Buyer in connection with entering into this Agreement and the instruments referenced herein; and, by the Close of Escrow all such necessary action will have been taken to authorize the consummation of the transaction contemplated hereby. By the Close of Escrow no additional consent of any partner, shareholder, trustee, trustor, beneficiary, creditor, investor, judicial or administrative body, governmental authority or other party shall be required for Buyer to consummate the transaction contemplated by this Agreement.

Appears in 1 contract

Samples: Agreement of Purchase and Sale and Joint Escrow Instructions (Pacific Gulf Properties Inc)

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Requisite Action. All requisite action (corporate, trust, partnership or otherwise) has been taken by Buyer in connection with entering into this Agreement and the instruments referenced herein; and, by the Close of Escrow Closing all such necessary action will have been taken to authorize the consummation of the transaction contemplated herebyby this Agreement. By the Close of Escrow Closing no additional consent of any partner, shareholder, trustee, trustor, beneficiary, creditor, investor, judicial or administrative body, governmental authority or other party shall be required for Buyer to consummate the transaction contemplated by this Agreement.

Appears in 1 contract

Samples: Agreement for Purchase and Sale of Real Property and Escrow Instructions (Griffin-American Healthcare REIT III, Inc.)

Requisite Action. All requisite action (corporate, trust, partnership or otherwise) has been taken by Buyer in connection with entering into this Agreement and the instruments referenced herein; and, herein to be executed by Buyer and by the Close of Escrow Closing Date all such necessary action will have been taken to authorize the consummation of the transaction contemplated hereby. By the Close of Escrow no additional No further consent of any partner, shareholder, trustee, partner, member, trustor, beneficiary, creditor, investor, judicial or administrative body, governmental authority or other party shall be is required for Buyer to consummate the transaction contemplated by this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement and Joint Escrow Instructions (Netreit, Inc.)

Requisite Action. All requisite action (corporate, trust, partnership partnership, or otherwise) has been taken by Buyer in connection with entering into this Agreement and the instruments referenced herein; , and, by the Close of Escrow Closing, all such necessary action will have been taken to authorize the consummation of the transaction contemplated hereby. By the Close of Escrow Closing, no additional consent of any partner, member, shareholder, trustee, trustor, beneficiary, creditor, investor, judicial or administrative body, governmental authority authority, or other party shall be required for Buyer to consummate the transaction contemplated by this Agreement.

Appears in 1 contract

Samples: Purchase and Sale Agreement and Joint Escrow Instructions (Maxwell Technologies Inc)

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Requisite Action. All requisite action (corporate, trust, partnership or otherwise) has been taken by Buyer in connection with entering into this Agreement and all requisite action shall be taken by the Closing in connection with entering into the instruments referenced herein; and, by the Close of Escrow all such necessary action will have been taken to authorize herein and the consummation of the transaction contemplated herebyby this Agreement. By the Close of Escrow no additional consent of any partner, shareholder, trustee, trustor, beneficiary, creditor, investor, judicial or administrative body, governmental authority or other party shall be required for Buyer to consummate the transaction contemplated by this AgreementAgreement (that will not be obtained by Closing).

Appears in 1 contract

Samples: Agreement of Purchase and Sale and Joint Escrow Instructions (Hines Real Estate Investment Trust Inc)

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