Valid Execution. The execution and delivery of this Agreement by the TJPA has been duly and validly authorized by all necessary action. This Agreement is a legal, valid, and binding obligation of the TJPA. All documents executed by the TJPA and delivered to Buyer at Closing are, or at Closing will be, duly authorized, executed and delivered by the TJPA and will be legal, valid, and binding obligations of the TJPA.
Appears in 2 contracts
Sources: Purchase and Sale Agreement, Agreement of Purchase and Sale for Real Estate
Valid Execution. The execution and delivery of this Agreement by the TJPA Buyer has been duly and validly authorized by all necessary action. This Agreement is a legal, valid, and binding obligation of the TJPABuyer. All documents executed by the TJPA Buyer and delivered to Buyer the TJPA at Closing are, or at Closing will be, duly authorized, executed and delivered by the TJPA Buyer and will be legal, valid, and binding obligations of the TJPABuyer.
Appears in 2 contracts
Sources: Purchase and Sale Agreement, Agreement of Purchase and Sale for Real Estate