Power to Execute Agreement. Subject to receipt of the Approval, PacifiCare has full power and authority to execute, deliver and perform its obligations under this Agreement. The Board of Directors of PacifiCare (with the director nominees of UniHealth abstaining) has unanimously approved the execution, delivery and performance of this Agreement, subject to the Approval. All actions of PacifiCare necessary for such execution, delivery and performance have been, or, as of the Initial Closing Date will have been, duly taken.
Appears in 2 contracts
Sources: Stock Purchase Agreement (Unihealth Foundation), Stock Purchase Agreement (Unihealth Foundation)