Common use of Valid Execution Clause in Contracts

Valid Execution. The execution and delivery of this Lease and the performance by Tenant hereunder have been duly and validly authorized. When executed and delivered by Port and Tenant, this Lease will be a legal, valid and binding obligation of Tenant.

Appears in 4 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

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Valid Execution. The execution and delivery of this Lease and the performance by Tenant hereunder have been duly and validly authorized. When executed and delivered by Port Landlord and Tenant, this Lease will be a legal, valid and binding obligation of Tenant.

Appears in 4 contracts

Samples: Ground Lease, Island Marina Lease, Sailing Center Lease

Valid Execution. The execution and delivery of this Lease and the performance by Tenant hereunder have been duly and validly authorized. When executed and delivered by Port Xxxxxxxx and TenantXxxxxx, this Lease will be a legal, valid and binding obligation of Tenant.

Appears in 3 contracts

Samples: Island Marina Lease, Sailing Center Lease, Lease

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Valid Execution. The execution and delivery of this Lease and the performance by Tenant hereunder have been duly and validly authorized. When executed and delivered by Port Agency and Tenant, this Lease will be a legal, valid and binding obligation of Tenant.

Appears in 1 contract

Samples: Interim Lease (Five Point Holdings, LLC)

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