Common use of Organizational Documents and Good Standing Certificates Clause in Contracts

Organizational Documents and Good Standing Certificates. Administrative Agent shall have received from (i) Private REIT, Trilogy REIT JV and each Operating Partnership (and others as reasonably requested) a copy, of the partnership agreement, corporate charter or operating agreement or other organizational agreements of such Person, as applicable, and (ii) each Borrower (A) its operating agreement or other organizational agreement of such Borrower, certified by a duly authorized officer of such Borrower, as applicable, to be true and complete, (B) its certificate or articles of formation, certified as of a recent date by the Secretary of State of such Borrower’s state of formation and (C) certificates dated as of a recent date evidencing the good standing (or equivalent status) of such Borrower in its jurisdiction of organization and each applicable jurisdiction where the conduct of such Borrower’s business activities or the ownership of its properties necessitates qualification, issued by the Secretary of State or other appropriate official of each such jurisdiction.

Organizational Documents and Good Standing Certificates. Administrative Agent shall have received from (i) Holdings, THS, Trilogy Investor, Private REIT, Trilogy REIT JV and each Operating Partnership (and others as reasonably requested) a copy, of the partnership agreement, corporate charter or operating agreement or other organizational agreements of such Person, as applicable, and (ii) each Borrower (A) its operating agreement or other organizational agreement of such Borrower, certified by a duly authorized officer of such Borrower, as applicable, to be true and complete, (B) its certificate or articles of formation, certified as of a recent date by the Secretary of State of such Borrower’s state of formation and (C) certificates dated as of a recent date evidencing the good standing (or equivalent status) of such Borrower in its jurisdiction of organization and each applicable jurisdiction where the conduct of such Borrower’s business activities or the ownership of its properties necessitates qualification, issued by the Secretary of State or other appropriate official of each such jurisdiction.