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

Authority to Execute and Perform Agreements. HNS 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 HNS, 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 HNS of this Agreement, in accordance with its respective terms and conditions will not: (i) require the approval or consent of any governmental or regulatory body, the stockholders of HNS, or the approval or consent of any other person; (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 HNS, or any instrument, contract or other agreement to which HNS is a party or by or to which HNS is bound or subject; or (iii) result in the creation of any lien or other encumbrance on the assets or properties of HNS.

Authority to Execute and Perform Agreements. HNS Infotec 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 HNSInfotec, 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 HNS Infotec of this Agreement, in accordance with its respective terms and conditions will not: (i) require the approval or consent of any governmental or regulatory body, the stockholders Stockholders of HNSInfotec, or the approval or consent of any other person; (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 HNSInfotec, or any instrument, contract or other agreement to which HNS Infotec is a party or by or to which HNS Infotec is bound or subject; or (iii) result in the creation of any lien or other encumbrance on the assets or properties of HNSInfotec.

Authority to Execute and Perform Agreements. HNS GTEC 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 HNSGTEC, 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 HNS GTEC of this Agreement, in accordance with its respective terms and conditions will not: (i) require the approval or consent of any governmental or regulatory body, the stockholders Stockholders of HNSGTEC, or the approval or consent of any other person; (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 HNSGTEC, or any instrument, contract or other agreement to which HNS GTEC is a party or by or to which HNS GTEC is bound or subject; or (iii) result in the creation of any lien or other encumbrance on the assets or properties of HNSGTEC.

Authority to Execute and Perform Agreements. HNS Linkwell 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 HNSLinkwell, 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 HNS Linkwell of this Agreement, in accordance with its respective terms and conditions will not: (i) require the approval or consent of any governmental or regulatory body, the stockholders Stockholders of HNSLinkwell, or the approval or consent of any other person; (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 HNSLinkwell, or any instrument, contract or other agreement to which HNS Linkwell is a party or by or to which HNS Linkwell is bound or subject; or (iii) result in the creation of any lien or other encumbrance on the assets or properties of HNSLinkwell.

Authority to Execute and Perform Agreements. HNS CENK 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 HNS, CENK 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 HNS CENK of this Agreement, in accordance with its respective terms and conditions will not: (i) require the approval or consent of any governmental or regulatory body, the stockholders shareholders of HNSCENK, or the approval or consent of any other person; (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 HNSCENK, or any instrument, contract or other agreement to which HNS CENK is a party or by or to which HNS CENK is bound or subject; or (iii) result in the creation of any lien or other encumbrance on the assets or properties of HNSCENK.

Authority to Execute and Perform Agreements. HNS NACT 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 HNSNACT, 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 HNS NACT of this Agreement, in accordance with its respective terms and conditions will not: (i) require the approval or consent of any governmental or regulatory body, the stockholders Stockholders of HNSNACT, or the approval or consent of any other person; (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 HNSNACT, or any instrument, contract or other agreement to which HNS NACT is a party or by or to which HNS NACT is bound or subject; or (iii) result in the creation of any lien or other encumbrance on the assets or properties of HNSNACT.

Authority to Execute and Perform Agreements. HNS Sunwin 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 HNSSunwin, 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 HNS Sunwin of this Agreement, in accordance with its respective terms and conditions will not: : (i) require the approval or consent of any governmental or regulatory body, the stockholders Stockholders of HNSSunwin, or the approval or consent of any other person; ; (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 HNSSunwin, or any instrument, contract or other agreement to which HNS Sunwin is a party or by or to which HNS Sunwin is bound or subject; or or (iii) result in the creation of any lien or other encumbrance on the assets or properties of HNSSunwin.

Authority to Execute and Perform Agreements. HNS TCOM 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 HNSTCOM, 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 HNS TCOM of this Agreement, in accordance with its respective terms and conditions will not: (i) require the approval or consent of any governmental or regulatory body, the stockholders Stockholders of HNSTCOM, or the approval or consent of any other person; (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 HNSTCOM, or any instrument, contract or other agreement to which HNS TCOM is a party or by or to which HNS TCOM is bound or subject; or (iii) result in the creation of any lien or other encumbrance on the assets or properties of HNSTCOM.