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 by 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 Agreement.

Appears in 7 contracts

Sources: Purchase and Sale Agreement (Armstrong Flooring, Inc.), Purchase and Sale Agreement (Mannkind Corp), Purchase and Sale Agreement

Requisite Action. All requisite action (corporate, trust, partnership or otherwise) has been taken by Buyer in connection with the 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 and the consummation of the transaction contemplated by this Agreementhereby. By the Close of Escrow no additional No consent of any partner, 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 Agreementis required.

Appears in 2 contracts

Sources: Agreement of Purchase and Sale, Purchase and Sale Agreement (Hudson Pacific Properties, Inc.)

Requisite Action. All requisite action (corporate, trust, partnership or otherwise) has been taken, or will be taken by Buyer Closing, by Seller in connection with the 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 and the consummation of the transaction contemplated by this Agreementhereby. By the Close of Escrow no additional No consent of any partner, shareholder, trustee, trustor, beneficiary, creditor, investor, judicial or administrative body, governmental authority Authority or other party shall be required is required, except for Buyer consents which are conditions precedent to consummate the transaction contemplated by this AgreementClosing.

Appears in 2 contracts

Sources: Agreement of Purchase and Sale, Purchase and Sale Agreement (Hudson Pacific Properties, Inc.)

Requisite Action. All requisite action (corporate, trust, partnership or otherwise) has been taken by Buyer Purchaser 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 herein and the consummation of the transaction transactions contemplated by this Agreementhereby. By the Close of Escrow no additional No consent of any partner, shareholder, trustee, trustor, beneficiarymember, creditor, investor, judicial or administrative body, governmental authority or other party is required which has not been obtained or shall not be required for Buyer obtained prior to the Closing Date to permit Purchaser to enter into this Agreement and consummate the transaction contemplated by this Agreementhereby.

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Apple Residential Income Trust Inc), Purchase and Sale Agreement (CBL & Associates Properties Inc)

Requisite Action. All requisite action (corporate, trust, partnership or otherwise) has been taken by Buyer Purchaser 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 herein and the consummation of the transaction transactions contemplated by this Agreementhereby. By the Close of Escrow no additional No consent of any partner, shareholder, trustee, trustor, beneficiarymember, creditor, investor, judicial or administrative body, governmental authority or other party is required which has not been obtained or shall not be required for Buyer obtained prior to the expiration of the Due Diligence Period to permit Purchaser to enter into this Agreement and consummate the transaction contemplated by this Agreementhereby.

Appears in 2 contracts

Sources: Purchase and Sale Agreement (Resource Real Estate Opportunity REIT II, Inc.), Purchase and Sale Agreement (Resource Real Estate Opportunity REIT II, Inc.)

Requisite Action. All requisite action (corporate, trust, partnership or otherwise) has been taken by Buyer Purchaser 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 herein and the consummation of the transaction transactions contemplated by this Agreementhereby. By the Close of Escrow no additional No consent of any partner, shareholder, trustee, trustor, beneficiarymember, creditor, investor, judicial or administrative body, governmental authority or other party is required which has not been obtained or shall not be required for Buyer obtained prior to the Closing to permit Purchaser to enter into this Agreement and consummate the transaction contemplated by this Agreementhereby.

Appears in 1 contract

Sources: Agreement of Sale (CNX Gas CORP)

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 by this Agreementhereby. 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

Sources: Purchase and Sale Agreement (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 by this Agreementhereby. 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

Sources: Purchase and Sale Agreement (Maxwell Technologies 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, by the Close of Escrow Closing all such necessary action will have been taken to authorize the consummation of the transaction contemplated by 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

Sources: Purchase and Sale Agreement (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 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 by 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

Sources: Purchase and Sale Agreement (Hines Real Estate Investment Trust Inc)

Requisite Action. All requisite action (corporate, trust, partnership partnership, or otherwise) has been taken by Buyer Seller 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 transactions contemplated by this Agreementhereby. 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 Seller to consummate the transaction transactions contemplated by this Agreement.

Appears in 1 contract

Sources: Purchase and Sale Agreement (Maxwell Technologies Inc)

Requisite Action. All requisite action (corporate, trust, partnership or otherwise) has been taken by Buyer Seller 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 by this Agreement. By the Close of Escrow no additional No consent of any partner, shareholder, trustee, trustor, beneficiary, creditor, investor, judicial or administrative body, governmental authority or other party shall be is required for Buyer Seller to consummate the transaction contemplated by this AgreementAgreement (that will not be obtained by Closing).

Appears in 1 contract

Sources: Purchase and Sale Agreement (Hines Real Estate Investment Trust 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, by the Close of Escrow all such necessary action will have been taken to authorize the consummation of the transaction contemplated by this Agreementhereby. 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

Sources: Purchase and Sale Agreement (Pacific Gulf Properties Inc)