Authority. ​ has the power and authority to execute and deliver this Agreement and the other Loan Documents, and to perform the obligations imposed on it hereunder and thereunder and to consummate the transactions contemplated hereby and thereby, and has taken all necessary actions in furtherance thereof including, without limitation, that those partners or members of ​ whose approval is required by the terms of ​’s organizational documents have duly approved the transactions contemplated by the Loan Documents and have authorized execution and delivery thereof by the respective signatories. ​ possesses all rights, licenses, permits and authorizations, governmental or otherwise, necessary to entitle it to own its properties and to transact the businesses in which it is now engaged, and the sole business of ​ is the ownership, management and operation of the Property.

Authority and Authorization. ​ has the power and authority to execute and deliver this AgreementAgreement, to make the borrowing provided for herein, to execute and deliver the Note in evidence of such borrowing, to execute and deliver the other Loan Documents to which ​ is a party and to perform its obligations hereunder and under the Note and the other Loan Documents, and to perform the obligations imposed on it hereunderall such action has been duly and thereunder and to consummate the transactions contemplated hereby and thereby, and has taken all necessary actions in furtherance thereof including, without limitation, that those partners or members of ​ whose approval is required by the terms of ​’s organizational documents have duly approved the transactions contemplated by the Loan Documents and have authorized execution and delivery thereof by the respective signatories. ​ possesses all rights, licenses, permits and authorizations, governmental or otherwise, necessary to entitle it to own its properties and to transact the businesses in which it is now engaged, and the sole business of ​ is the ownership, management and operation of the Property.validly authorized.

Authorization and Validity. ​ has the power and authority and legal right to execute and deliver this Agreement and the other Loan Documents, and to perform the obligations imposed on it hereunder and thereunder and to consummate the transactions contemplated hereby and thereby, and has taken all necessary actions in furtherance thereof including, without limitation, that those partners or members of ​ whose approval is required by the terms of ​’s organizational documents have duly approved the transactions contemplated by the Loan Documents and have authorizedto perform its obligations thereunder. The execution and delivery thereof by ​ of the respective signatories. ​ possesses all rights, licenses, permits and authorizations, governmental or otherwise, necessary to entitle it to own its properties and to transact the businesses in which it is now engaged,Loan Documents and the sole businessperformance of _Borrower:its obligations thereunder have been duly authorized by proper corporate proceedings, and the Loan Documents constitute legal, valid and binding obligations of ​ isenforceable against ​ in accordance with their terms, except as enforceability may be limited by bankruptcy, insolvency or similar laws affecting the ownership, management and operationenforcement of the Property.creditors’ rights generally.

Authorization. The execution, delivery and authority to execute and deliverperformance of this Agreement and the other Loan Documents,Documents and to perform the obligations imposed on it hereunder and thereunder and to consummate the transactions contemplated hereby and thereby, and has takenthereby # are within the organizational authority of each of the Borrowers, # have been duly authorized by all necessary actions in furtherance thereof including, without limitation, that those partners or membersorganizational proceedings on the part of ​ whose approval is required by the terms of ​’s organizational documents have duly approved the transactions contemplated by the Loan Documents and have authorized execution and delivery thereof by the respective signatories. ​ possesses all rights, licenses, permits and authorizations, governmental or otherwise, necessary to entitle it to own its properties and to transact the businesses in which it is now engaged, and the sole business of ​ is the ownership, management and operationeach of the Property.Borrowers, # do not materially conflict with or result in any material breach or contravention of any provision of Law, statute, rule or regulation to which any of the Borrowers is subject or any judgment, order, writ, injunction, license or permit applicable to any of the Borrowers, and # do not conflict with any provision of the corporate charter, bylaws or constitutional documents of any of the Borrowers or any material agreement or other material instrument binding upon any of the Borrowers.

Section # Organizational Power; Authorization. The execution, delivery and authority to execute and deliver this Agreement and the otherperformance by each Loan Documents, and to perform the obligations imposed on it hereunder and thereunder and to consummate the transactions contemplated hereby and thereby, and has taken all necessary actions in furtherance thereof including, without limitation, that those partners or membersParty of ​ whose approval is required by the terms of ​’s organizational documents have duly approved the transactions contemplated by the Loan Documents and have authorized execution and delivery thereof by the respective signatories. ​ possesses all rights, licenses, permits and authorizations, governmental or otherwise, necessary to entitle it to own its properties and to transact the businesses in which it is now engaged,a party are within such Loan Party’s organizational powers and have been duly authorized by all necessary organizational and, if required, shareholder, partner or member action. This Agreement has been duly executed and delivered by the sole business of ​Borrower and constitutes, and each other Loan Document to which any Loan Party is the ownership, managementa party, when executed and operationdelivered by such Loan Party, will constitute, valid and binding obligations of the Property.Borrower or such Loan Party (as the case may be), enforceable against it in accordance with their respective terms, except as may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors’ rights generally and by general principles of equity.

Requisite Power and Authorization. Borrower has theall requisite limited liability company power and authority to execute and deliver this Agreement and the other Loan Documents, andDocuments to perform the obligations imposed on it hereunder and thereunder and to consummate the transactions contemplated hereby and thereby, and has taken all necessary actions in furtherance thereof including, without limitation, that those partners or members of ​ whose approval is required by the terms of ​’s organizational documents have duly approved the transactions contemplated by the Loan Documents and have authorized execution and delivery thereof by the respective signatories. ​ possesses all rights, licenses, permits and authorizations, governmental or otherwise, necessary to entitle it to own its properties and to transact the businesses in which it is a party, and to borrow the sums provided for in this Agreement. Borrower has all governmental licenses, authorizations, consents, and approvals necessary to own and operate its Assets and to carry on its businesses as now engaged,conducted and as proposed to be conducted, other than licenses, authorizations, consents, and approvals that are not currently required or the failure to obtain which could not reasonably be expected to have a Material Adverse Effect on the Loan Parties, taken as a whole. The execution, delivery, and performance of this Agreement and the sole businessother Loan Documents have been duly authorized by Borrower and all necessary limited liability company action in respect thereof has been taken, and the execution, delivery, and performance thereof do not require any consent or approval of ​ isany other Person that has not been obtained (except for such consents or approvals as could not reasonably be expected to have a Material Adverse Effect on the ownership, management and operation of the Property.Loan Parties, taken as a whole).

Section # Organizational Power; Authorization. The execution, delivery and authority to execute and deliver this Agreement and the otherperformance by each Loan Documents, and to perform the obligations imposed on it hereunder and thereunder and to consummate the transactions contemplated hereby and thereby, and has taken all necessary actions in furtherance thereof including, without limitation, that those partners or membersParty of ​ whose approval is required by the terms of ​’s organizational documents have duly approved the transactions contemplated by the Loan Documents and have authorized execution and delivery thereof by the respective signatories. ​ possesses all rights, licenses, permits and authorizations, governmental or otherwise, necessaryother Related Transaction Documents to entitle it to own its properties and to transact the businesses in which it is now engaged,a party are within such Loan Party’s organizational powers and have been duly authorized by all necessary organizational and, if required, shareholder, partner or member action. This Agreement has been duly executed and delivered by the sole business of ​Borrower and constitutes, and each other Loan Document and Related Transaction Document to which any Loan Party is the ownership, managementa party, when executed and operationdelivered by such Loan Party, will constitute, valid and binding obligations of the Property.Borrower or such Loan Party (as the case may be), enforceable against it in accordance with their respective terms, except as may be limited by applicable bankruptcy, insolvency, reorganization, moratorium or similar laws affecting the enforcement of creditors’ rights generally and by general principles of equity.

Authorization. The execution, delivery and authority to execute and deliverperformance of this Agreement and the other Loan Documents,Documents and to perform the obligations imposed on it hereunder and thereunder and to consummate the transactions contemplated hereby and thereby, and has takenthereby # are within the corporate (or the equivalent company) authority of the Company, # have been duly authorized by all necessary actionscorporate (or the equivalent company) proceedings, # do not and will not conflict with or result in furtherance thereof including, without limitation, that those partnersany breach or memberscontravention of ​ whose approvalany provision of law, statute, rule or regulation to which the Company is required bysubject or any judgment, order, writ, injunction, license or permit applicable to the terms of ​’s organizational documents have duly approved the transactions contemplated by the Loan DocumentsCompany and have authorized execution and delivery thereof by the respective signatories. ​ possesses all rights, licenses, permits and authorizations, governmental or otherwise, necessary to entitle it to own its properties and to transact the businesses in which it is now engaged, and the sole business of ​ is the ownership, management and operation# do not conflict with any provision of the Property.Organizational Documents of, or any agreement or other instrument binding upon, the Company.

Power and Authority. ​ has the powerEach Borrower is duly authorized to execute, deliver and authority to executeperform its Loan Documents. The execution, delivery and deliver this Agreement and the other Loan Documents, and to perform the obligations imposed on it hereunder and thereunder and to consummate the transactions contemplated hereby and thereby, and has taken all necessary actions in furtherance thereof including, without limitation, that those partners or membersperformance of ​ whose approval is required by the terms of ​’s organizational documents have duly approved the transactions contemplated by the Loan Documents have been duly authorized by all necessary action, and have authorized execution and delivery thereof bydo not # require any consent or approval of any holders of Equity Interests of any Borrower, except those already obtained; # contravene the respective signatories. ​ possesses all rights, licenses, permits and authorizations, governmentalOrganic Documents of any Borrower; # violate or otherwise, necessary to entitle it to own its properties and to transactcause a default under any Applicable Law or Material Contract; or # result in or require the businesses in which it is now engaged, and the sole businessimposition of ​ is the ownership, management and operation of theany Lien (other than Permitted Liens) on any Borrower’s Property.