36. AUTHORITY FOR EXECUTION
If Landlord and/or Tenant signs as a corporation, the person or
persons executing this Lease on behalf of Landlord and/or Tenant
do hereby covenant and warrant that Each is a valid and existing
corporation, that each has and is qualified to do business in
the state where the Premises are located, that the corporation
has full right and authority to enter into this Lease, and that
the person or persons signing on behalf of the corporation were
authorized to do so. If Landlord and/or Tenant signs as a partnership,
the person or persons executing the Lease on behalf of each do
hereby covenant and warrant that Landlord and/or Tenant is a valid
and existing partnership and that the person or persons so executing
and initialing as required in this Section 36 have authority to
do so on behalf of Each in accordance with the Partnership Agreement,
and that this Lease is binding upon Each in accordance with its
terms and enforceable against the assets of the partnership and
the general partners, individually.
This Lease shall not be binding upon the Landlord and/or Tenant
unless the Term Sheet is executed and the first page of Landlord's
Worksheet and the first page of this Lease Agreement is initialed
by the President, a Vice President, Secretary or an Assistant
Secretary of the Each Organization, or by any other person to
whom authority to execute or initial any such instrument shall
be delegated in writing by any of such officers.
Previous Section 
Next Section
|
National Office Lease |
Lease Home |
SiteNet ToolKit |
SiteNet Home |
Search |
Copyright 1996 Conway Data, Inc. All rights reserved
Legal Notice: Because data comes from many sources, Conway Data
can assume no responsibility for accuracy or currency.