Representations and Warranties of Maxtor. Maxtor hereby represents and warrants to HEA as follows: (a) On and as of the date of this Agreement, Maxtor is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and has all requisite power and authority to own and operate its properties and assets and to carry on its business as now conducted and as presently proposed to be conducted and to execute and deliver, and to perform its obligations under, this Agreement and the Note. (b) This Agreement and the Note, and all actions contemplated to be taken thereunder, have been duly authorized by all necessary corporate and other actions required on the part of the Maxtor. (c) The execution and delivery of this Agreement and the Note, and the taking of any and all actions contemplated thereby, will not constitute a breach or default under, or be in conflict with, any contractual or other obligation by which Maxtor is bound.
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Representations and Warranties of Maxtor. Maxtor hereby represents and warrants to HEA as follows:
(a) On and as of the date of this Agreement, Maxtor is a corporation duly organized, validly existing and in good standing under the laws of the State of Delaware and has all requisite power and authority to own and operate its properties and assets and to carry on its business as now conducted and as presently proposed to be conducted and to execute and deliver, and to perform its obligations under, this Agreement and the Note.
(b) This Agreement and the Note, and all actions contemplated to be taken thereunder, have been duly authorized by all necessary corporate and other actions required on the part of the Maxtor.
(c) The execution and delivery of this Agreement and the Note, and the taking of any and all actions contemplated thereby, will not constitute a breach or default under, or be in conflict with, any contractual or other obligation by which Maxtor is bound.
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