Common use of Corporate Acts and Proceedings Clause in Contracts

Corporate Acts and Proceedings. The execution, delivery and performance of this Agreement and each of the Transaction Documents, and the transactions contemplated hereby and thereby, including the sale and transfer of the Assets by Seller as provided for in this Agreement, have been approved and consented to by the Board of Directors of Seller and, if applicable, by the requisite number of holders of its outstanding capital stock, and all action required by any applicable Governmental Requirement by the stockholders of Seller with regard thereto have been appropriately authorized and accomplished.

Corporate Acts and Proceedings. The execution, delivery and performance of this Agreement and each of the Transaction Documents, and the transactions contemplated hereby and thereby, including the sale and transfer of the ------------------------------ Assets by Seller the Seller, as provided for in this Agreement, have been or will be approved and consented to by the Board of Directors of the Seller and, if applicable, and by the requisite number of holders of its outstanding capital stock, and all action required by any applicable Governmental Requirement law by the stockholders of the Seller with regard thereto to such sale or transfer of the Assets by Seller, have been appropriately authorized and accomplished.

Corporate Acts and Proceedings. The execution, delivery and performance of this Agreement and each of the Transaction Documents, and the transactions contemplated hereby and thereby, including the sale and transfer of the ------------------------------ Assets by Seller the Seller, as provided for in this Agreement, have has been or will be approved and consented to by the Board of Directors of the Seller and, if applicable, and by the requisite number of holders of its outstanding capital stock, and all action required by any applicable Governmental Requirement law by the stockholders shareholders of the Seller with regard thereto to such sale or transfer of the Assets by Seller, have been appropriately authorized and accomplished.