Common use of Wolf, Block Clause in Contracts

Wolf, Block. Scho▇▇ ▇▇▇ Soli▇-▇▇▇▇▇ ▇▇▇ shall have furnished to the Representatives its written opinion, as counsel to the Company, addressed to the Underwriters and dated such Delivery Date, in form and substance reasonably satisfactory to the Representatives, to the effect that: (i) The Company is in good standing as a foreign trust or corporation in those jurisdictions listed in such opinion. (ii) The Operating Partnership has been duly formed and is validly existing as a limited partnership under the laws of the Commonwealth of Pennsylvania, is duly qualified to do business as a foreign limited partnership in Delaware, Florida, Maryland, Michigan, Minnesota, New Jersey, North Carolina, South Carolina, Tennessee, Texas and Virginia, and has all partnership power and authority necessary to own or hold its properties, to conduct the business in which it is engaged as described in the Registration Statement and the Prospectus, and to enter into and perform its obligations under this Agreement. The Company is the sole general partner of the Operating Partnership. The Operating Partnership Agreement is in full force and effect, and the aggregate percentage interests of the Company and the limited partners in the Operating Partnership are as set forth in the Prospectus.

Wolf, Block. Scho▇▇ ▇▇▇▇▇ Soliand ▇▇▇▇▇-▇▇▇▇▇ ▇▇▇ LLP shall have furnished to the Representatives its written opinion, as counsel to the Company, addressed to the Underwriters and dated such Delivery Date, in form and substance reasonably satisfactory to the Representatives, to the effect that: (i) The Company is in good standing as a foreign trust or corporation in those jurisdictions listed in such opinion. (ii) The Operating Partnership has been duly formed and is validly existing as a limited partnership under the laws of the Commonwealth of Pennsylvania, is duly qualified to do business as a foreign limited partnership in Delaware, Florida, Maryland, Michigan, Minnesota, New Jersey, North Carolina, South Carolina, Tennessee, Texas and Virginia, and has all partnership power and authority necessary to own or hold its properties, to conduct the business in which it is engaged as described in the Registration Statement and the Prospectus, and to enter into and perform its obligations under this Agreement. The Company is the sole general partner of the Operating Partnership. The Operating Partnership Agreement is in full force and effect, and the aggregate percentage interests of the Company and the limited partners in the Operating Partnership are as set forth in the Prospectus.