Authorization; Authority. (a) The execution, delivery and performance by Seller and the Subsidiary of this Agreement and the transactions contemplated hereby have been duly authorized by all necessary and proper action by the board of managers of Seller, by the requisite members of Seller, the board of directors of the Subsidiary and Seller (as the sole stockholder of the Subsidiary).
Appears in 4 contracts
Samples: Asset Purchase Agreement (Xyratex LTD), Asset Purchase Agreement (Xyratex LTD), Asset Purchase Agreement (Xyratex LTD)