Common use of Authority to Execute and Perform Agreements Clause in Contracts

Authority to Execute and Perform Agreements. DRGG has the full legal right and power and all authority and approval required to enter into, execute and deliver this Agreement and to perform fully their obligations hereunder. This Agreement has been duly executed and delivered and is the valid and binding obligation of , enforceable in accordance with its terms, except as may be limited by bankruptcy, moratorium, insolvency or other similar laws generally affecting the enforcement of creditors' rights. The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby and the performance by this Agreement, in accordance with its respective terms and conditions will not: 3.12.1 require the approval or consent of any governmental or regulatory body, the Stockholders of , or the approval or consent of any other person; 3.12.2 conflict with or result in any breach or violation of any of the terms and conditions of, or constitute (or with any notice or lapse of time or both would constitute) a default under, any order, judgment or decree applicable to , or any instrument, contract or other agreement to which is a party or by or to which is bound or subject; or 3.12.3 result in the creation of any lien or other encumbrance on the assets or properties of

Authority to Execute and Perform Agreements. DRGG The Company has the full legal right and power and all authority and approval required to enter into, execute and deliver this Agreement and to perform fully their its obligations hereunder. This Agreement has been duly executed and delivered and is the valid and binding obligation of of, enforceable in accordance with its terms, except as may be limited by bankruptcy, moratorium, insolvency or other similar laws generally affecting the enforcement of creditors' rights. The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby and the performance by this Agreement, in accordance with its respective terms and conditions will not: 3.12.1 (i) require the approval or consent of any governmental or regulatory body, the Stockholders shareholder of the Company, or the approval or consent of any other person; 3.12.2 (ii) conflict with or result in any breach or violation of any of the terms and conditions of, or constitute (or with any notice or lapse of time or both would constitute) a default under, any order, judgment or decree applicable to the Company, or any instrument, contract or other agreement to which is a party or by or to which is bound or subject; or 3.12.3 (iii) result in the creation of any lien or other encumbrance on the assets or properties ofof the Company.

Authority to Execute and Perform Agreements. DRGG The Company has the full legal right and power and all authority and approval required to enter into, execute and deliver this Agreement and to perform fully their its obligations hereunder. This Agreement has been duly executed and delivered and is the valid and binding obligation of of, enforceable in accordance with its terms, except as may be limited by bankruptcy, moratorium, insolvency or other similar laws generally affecting the enforcement of creditors' ’ rights. The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby and the performance by this Agreement, in accordance with its respective terms and conditions will not: 3.12.1 i. require the approval or consent of any governmental or regulatory body, the Stockholders shareholder of the Company, or the approval or consent of any other person; 3.12.2 ii. conflict with or result in any breach or violation of any of the terms and conditions of, or constitute (or with any notice or lapse of time or both would constitute) a default under, any order, judgment or decree applicable to the Company, or any instrument, contract or other agreement to which is a party or by or to which is bound or subject; or 3.12.3 iii. result in the creation of any lien or other encumbrance on the assets or properties ofof the Company.

Authority to Execute and Perform Agreements. DRGG has the full legal right and power and all authority and approval required to enter into, execute and deliver this Agreement and to perform fully their obligations hereunder. This Agreement has been duly executed and delivered and is the valid and binding obligation of , enforceable in accordance with its terms, except as may be limited by bankruptcy, moratorium, insolvency or other similar laws generally affecting the enforcement of creditors' rights. The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby and the performance by this Agreement, in accordance with its respective terms and conditions will not: 3.12.1 (i) require the approval or consent of any governmental or regulatory body, the Stockholders of , or the approval or consent of any other person; 3.12.2 (ii) conflict with or result in any breach or violation of any of the terms and conditions of, or constitute (or with any notice or lapse of time or both would constitute) a default under, any order, judgment or decree applicable to , or any instrument, contract or other agreement to which is a party or by or to which is bound or subject; or 3.12.3 (iii) result in the creation of any lien or other encumbrance on the assets or properties ofof ..

Authority to Execute and Perform Agreements. DRGG SUWN has the full legal right and power and all authority and approval required to enter into, execute and deliver this Agreement and to perform fully their obligations hereunder. This Agreement has been duly executed and delivered and is the valid and binding obligation of , enforceable in accordance with its terms, except as may be limited by bankruptcy, moratorium, insolvency or other similar laws generally affecting the enforcement of creditors' rights. The execution and delivery of this Agreement and the consummation of the transactions contemplated hereby and the performance by this Agreement, in accordance with its respective terms and conditions will not: 3.12.1 (i) require the approval or consent of any governmental or regulatory body, the Stockholders of , or the approval or consent of any other person; 3.12.2 (ii) conflict with or result in any breach or violation of any of the terms and conditions of, or constitute (or with any notice or lapse of time or both would constitute) a default under, any order, judgment or decree applicable to , or any instrument, contract or other agreement to which is a party or by or to which is bound or subject; or 3.12.3 (iii) result in the creation of any lien or other encumbrance on the assets or properties of