Common use of AUTHORITY FOR ACTION Clause in Contracts

AUTHORITY FOR ACTION. The execution and delivery of this Agreement and other Closing Documents, and the completion of the transactions contemplated under this Agreement and other Closing Documents have been duly authorized by all necessary actions, without any other procedure to authorize this Agreement or the completion of this Transaction.

Appears in 2 contracts

Sources: Business and Assets Transfer Agreement, Business and Assets Transfer Agreement (Xunlei LTD)